Ultimus BPM Solutions for Compliance
With the Sarbanes-Oxley Act of 2002 (SOX), compliance quickly became a very complex undertaking. Companies have invested heavily to become SOX compliant with extensive expenditures in internal resources, external consultants, systems, and auditing with limited or no business value. This complexity and cost will continue to increase with new rules, extended regulations, and greater scrutiny by governing bodies.
Compliance is being understood as a process that evolves over time and has become an enterprise-wide issue involving many functional areas and systems. As a process, compliance must adapt to new rules or changes in regulations across the enterprise.
BPM Opportunity
Companies are looking to automation technologies such as BPM to reduce costs and build more efficient, sustainable compliance solutions. However, not every automation solution can provide appropriate efficiencies and “future proof” the heavy compliance investment for long term value and flexibility. How you automate is critical.
Ultimus provides an extendable process backbone that automates your most pressing issues today, but also enables you to build more processes within an overall compliance framework.
Compliance Resources
View Sample Compliance Process Templates Below:
- Capital Acquistion
- Central Account Request System
- Contract Clearance
- Finance and Banking
- Patient Access Central Schedule