Policy Management Software: The Essential Tool for Modern Compliance
Simplify your compliance and protect your organisation from integrity risks with Corethix, Australia’s trusted Policy Management Software solution.
In today’s rapidly evolving regulatory environment, organisations face increasing pressure to maintain compliance and manage risk effectively. This growing need for proactive compliance has made Policy Management Software indispensable to businesses of all sizes. Corethix Policy Management Software was founded with a singular mission: to streamline compliance, manage risk, and protect the integrity of organisations in Australia.
With a team of experienced corporate executives and integrity risk experts, Corethix offers a comprehensive solution tailored to meet the complex demands of today’s regulatory landscape. Our program is designed to ensure organisations can seamlessly manage their policies, while also fostering a culture of integrity. Read more to explore the importance of policy management software and how Corethix stands out as the leading Policy Management Software provider in Australia.
The Corethix Solution: Comprehensive and User-Friendly
Corethix was designed to simplify the complexities of policy management and help organisations mitigate integrity risks. By centralising all aspects of policy management within a single, easy-to-use platform, Corethix allows businesses to focus on what matters most: maintaining a culture of integrity and compliance.
Key Features of Corethix Policy Management Software
- Centralised Policy Repository: Corethix offers a centralised system where all policies are stored, ensuring easy access for employees and stakeholders. This feature eliminates the hassle of managing policies across different systems, which can often result in confusion and inefficiencies.
- Policy Distribution and Attestation: Corethix’s Policy Management Software ensures that users are promptly notified whenever new policies are introduced or existing ones are updated, streamlining compliance communication. Our software also sends automated reminders for required policy attestations, ensuring that no critical acknowledgments are missed. Users are required to attest to any given policy, providing accountability and clear tracking of compliance across the organisation. With a built-in record history feature, all attestations are securely documented, allowing easy access for audits and compliance reviews.
- Real-Time Tracking and Reporting: Our software includes real-time tracking tools, allowing organisations to monitor policy compliance across the entire workforce. Detailed reports can be generated to highlight areas of non-compliance and ensure that corrective actions are taken promptly.
- Audit-Ready Documentation: Corethix’s platform ensures that all policy-related documents are audit-ready. The software tracks changes, updates, and acknowledgments, ensuring that your organisation is always prepared for an internal or external audit.
- Customisable Workflows: Every organisation has unique requirements when it comes to policy management. Corethix offers customisable workflows that allow businesses to tailor the software to their specific needs, ensuring maximum efficiency and compliance.
- Risk and Compliance Integration: Corethix integrates policy management with broader risk and compliance programs. This ensures that your organisation’s policies align with its overall risk management strategy, helping to reduce integrity risks and avoid costly compliance failures.
Benefits of Using Policy Management Software
- Increased Efficiency: Manual policy management is time-consuming and prone to error. Corethix’s automated features help streamline the entire process, freeing up valuable time for your compliance and HR teams.
- Reduced Risk: With real-time tracking and automatic updates, Corethix ensures that your organisation stays compliant with the latest regulations. This significantly reduces the risk of legal penalties and reputational damage.
- Enhanced Employee Accountability: Policy acknowledgment tracking ensures that employees are aware of and understand their responsibilities. This fosters a culture of accountability and helps prevent misconduct.
- Cost Savings: By reducing the time spent on manual processes and avoiding potential compliance failures, businesses can save significant amounts of money. In addition, the automated audit-readiness features minimise the costs associated with preparing for audits.
- Customisation to Fit Your Needs: Unlike off-the-shelf solutions, Corethix offers customisation to fit the specific needs of your business. Whether you’re a small company or a large enterprise, our software can be tailored to meet your compliance requirements.
Why Choose Corethix as Your Policy Management Software Program?
At Corethix, we understand the unique challenges businesses face when it comes to managing policies and compliance. Our platform was developed by integrity risk experts who have firsthand experience dealing with the complexities of risk management across various industries.
Here’s why Corethix is the ideal Policy Management Software Solution for your organisation:
- Industry Expertise: Our team of corporate executives and integrity risk specialists has decades of experience in compliance and risk management. We’ve used this knowledge to create a platform that addresses the specific needs of businesses across a wide range of industries.
- Dedicated Support: At Corethix, we’re more than just a software provider. We’re committed to helping your organisation build a culture of integrity and compliance. Our team provides ongoing support to ensure that you get the most out of our platform.
- Scalable Solutions: Whether you’re a growing startup or an established enterprise, Corethix’s policy management software is designed to grow with your business. Our scalable platform can accommodate organisations of all sizes, ensuring that you’re always prepared for the future.
- Cutting-Edge Technology: Corethix leverages the latest technology to provide real-time tracking, automated updates, and seamless integrations with your existing compliance systems. Our software is continuously updated to meet the evolving needs of our clients.
- Australian-Based Support: As an Australia-based Policy Management Software Provider, we understand the local regulatory landscape. This means we can offer tailored solutions that meet Australian compliance standards while also supporting global organisations with international operations.
Create a Culture of Integrity with Corethix
In today’s business world, integrity and compliance are more important than ever. Failure to manage policies effectively can result in significant risks to your organisation’s reputation, finances, and future success. Corethix’s Policy Management Software provides a comprehensive solution to these challenges, helping you stay compliant, reduce risk, and foster a culture of integrity.
Contact Corethix Today
Don’t let compliance and integrity risks threaten your business. As a leading Policy Management Software system, Corethix offers the tools and expertise you need to stay compliant and safeguard your organisation. Contact us today to learn more about our software program and how we can help your business thrive in an increasingly complex regulatory environment.
Frequently Asked Questions about Policy Management
- What is policy management software?
Policy management software helps organisations create, distribute, and track the implementation of company policies to ensure compliance with legal, regulatory, and ethical standards. It automates policy updates, acknowledgment tracking, and reporting. - How can Corethix help with compliance?
Corethix offers a centralised platform that automates the distribution and acknowledgment of policies, tracks compliance in real-time, and ensures your organisation is always audit-ready. This reduces the risk of compliance failures and legal penalties. - Is Corethix’s software customisable?
Yes, Corethix’s policy management software can be tailored to meet the specific needs of your organisation. Our platform offers customisable workflows and integrations with your existing risk management systems. - Can Corethix’s software grow with my business?
Absolutely! Corethix is designed to be scalable, accommodating businesses of all sizes and industries. Whether you’re a small startup or a large enterprise, our software will grow with your organisation. - Why should I choose Corethix as my Policy Management Software Provider?
Corethix combines industry expertise with cutting-edge technology to provide a comprehensive solution for policy management. Our Australian-based support team ensures that your organisation stays compliant with local regulations while offering global solutions for international operations.
If you’re ready to take control of your organisation’s policies and create a culture of accountability, Corethix is here to help. Our platform is designed to simplify compliance, protect your business, and ensure that you’re always audit-ready.
Benefits
Policies FAQ
Policy management refers to the process of ensuring that an organisations policies and procedures are kept up to date, are easily accessible and are understood and attested by everyone one in the organisation.
The success of any policy management system requires a regular review of all the key elements to proactively ensure compliance and to identify in advance any potential problem areas.
Every organisation, regardless of its size, industry or maturity is exposed to conduct risks such as fraud, corruption, conflicts of interest and employee misconduct.
To help protect against conduct risks, it is critical for organisations to ensure that they are compliant with their legal and regulatory obligations and have effective policies and procedures in place that align with their values, goals, and objectives.
Effective policy management is critical in ensuring that policies and procedures are kept up to date, are easily accessible and are understood and attested by all relevant stakeholders within the organisation.
A policy management system provides a comprehensive solution incorporating best practices for policy management and attestation. This enables an organisation to ensure that up to date policies and procedures are clearly communicated and understood by all relevant stakeholders.
A policy management system should include best practices such as;
- Ensuring that effective policies and procedures are in place.
- Monitoring that policies are kept up to date and alerting when policies require updating.
- Ensuring policies are easily accessible by all employees and contractors in an organisation – including access on mobile devices.
- Monitoring employee and contractor engagement with each policy.
- Monitoring and enforcing policy attestation.
- Providing a method to use surveys to test policy knowledge.
- Using video resources to enhance policy knowledge.
- Providing a real time dashboard to show key data of employee engagement to allow proactive management and follow-up of policy attestation.
Policy management software is a cloud based solution that incorporates all of the best practices of policy management and attestation. This provides organisations with an easy and effective way to ensure that they have up to date policies that are understood and attested by all of their employees and contractors.
The advantages of using a software solution for policy management is that it is a purposely designed, comprehensive solution that is easy to set up and launch. Policies can be easily uploaded and assigned to specific employee groups or locations and because it is cloud-based, a software solution also means that all employees and contractors can easily access policies online, even from mobile devices.
Policy management software solutions also include monitoring of policies being up to date, employee engagement and attestation, surveys for testing policy knowledge, videos to enhance policy understanding plus dashboards which provide a real-time display of key data of employee engagement to allow proactive management and follow up of policy attestation.
The success of any program to manage policies and attestation requires a regular review of all the key elements to proactively ensure compliance with policies and procedures and to identify in advance any potential problem areas.
Details of policies that need to be updated and checked for compliance, employees’ attestation of policies, the results of employee policy surveys, should all be recorded and able to be easily analysed.
This is best achieved by having a dashboard with analytics to provide a real-time display of all the key data to allow proactive management, up to-date reporting and an audit trail of historical data.
This will provide a very effective way to help organisations take the first step in managing conduct risk by proactively managing policies and attestation.
Corethix is a cloud-based software platform that has been specifically designed to help any size organisation proactively manage policies and policy attestation. Its unique features include;
- A centralised cloud based repository for managing Policies, Procedures, Guidelines, and any other documents. There is no limit to the number Policies or documents which can be easily uploaded and assigned to specific employee groups or locations
- Monitoring when policies require updating and alerting the policy owner in advance. Expired policies can be archived for historical records and future investigations.
- Because Corethix is a cloud based software platform, it allows easy access for all employees, contractors and suppliers anywhere, anytime and on any device.
- Advises employees when new policies are launched and whether a policy requires attestation. Employees log in to their Corethix homepage and after downloading, attest that that they have read and understood the policy
- A detailed policy dashboard that provides a real-time display of key data of employee engagement to allow proactive management and follow up of policy attestation. The dashboard highlights problem areas such as low attestation rates and polices requiring updating as well as a library of historical data.
- Detailed search and filter options on the dashboard data table provide an enhanced drilldown capability to easily investigate issues.
- A Survey module which can be configured to test employees knowledge of the policies. Results of the surveys are detailed on the Corethix dashboard and can be used to gauge each employees policy understanding.
- A Video library module where the URL links to videos from external platforms can be uploaded and linked to specific policies. A video symbol is then displayed against that policy so that employees can both read the policy as well as watch a related video.
In summary, the Corethix platform is a comprehensive policy management system that incorporates all of the best practices for policy management and attestation. It provides organisations with a software solution that is easy to set up and launch, and proactively ensure that they have up to date policies that are understood and attested by all of their employees and contractors.
The success of any program to manage policies and attestation requires a regular review of all the key elements to proactively ensure compliance with policies and procedures and to identify in advance any potential problem areas.
Details of policies that need to be updated and checked for compliance, employees’ attestation of policies, the results of employee policy surveys, should all be recorded and able to be easily analysed.
This is best achieved by having a dashboard with analytics to provide a real-time display of all the key data to allow proactive management, up to-date reporting and an audit trail of historical data.
This will provide a very effective way to help organisations take the first step in managing conduct risk by proactively managing policies and attestation.
Corethix is a unique software platform that incorporates all of the best practices required for policy management and eliminates the problems of out-dated and disconnected systems.
Many policy management systems do not cover all of the best practices of policy management and therefore reduce the ability for an organisation to effectively ensure that they are compliant with their legal and regulatory obligations and have effective policies and procedures in place that align with their values, goals, and objectives.
Corethix includes a comprehensive policy management system that incorporates all of the best practices for policy management and attestation. It provides organisations with a comprehensive solution that is easy to set up and launch and proactively ensure compliance with policies and procedures and identify in advance any potential problem areas.
By implementing Corethix, organisations have a best practice solution that includes;
- A centralised cloud based repository for managing Policies, Procedures, Guidelines, and any other documents. There is no limit to the number Policies or documents which can be easily uploaded and assigned to specific employee groups or locations
- Monitoring when policies require updating and alerting the policy owner in advance. Expired policies can be archived for historical records and future investigations.
- Because Corethix is a cloud based software platform, it allows easy access for all employees, contractors and suppliers anywhere, anytime and on any device.
- Advises employees when new policies are launched and whether a policy requires attestation. Employees log in to their Corethix homepage and after downloading, attest that that they have read and understood the policy
- A detailed policy dashboard that provides a real-time display of key data of employee engagement to allow proactive management and follow up of policy attestation. The dashboard highlights problem areas such as low attestation rates and polices requiring updating as well as a library of historical data.
- Detailed search and filter options on the dashboard data table provide an enhanced drilldown capability to easily investigate issues.
- A Survey module which can be configured to test employees knowledge of the policies. Results of the surveys are detailed on the Corethix dashboard and can be used to gauge each employees policy understanding.
- A Video library module where the URL links to videos from external platforms can be uploaded and linked to specific policies. A video symbol is then displayed against that policy so that employees can both read the policy as well as watch a related video.
In summary, the Corethix platform is a comprehensive policy management system that incorporates all of the best practices for policy management and attestation. It provides organisations with a comprehensive solution that is easy to set up and launch and proactively ensure compliance with policies and procedures and identify in advance any potential problem areas.
A policy management system provides a comprehensive solution incorporating best practices for policy management and attestation. This enables an organisation to ensure that up to date policies and procedures are clearly communicated and understood by all relevant stakeholders.
A policy management system should include best practices such as;
- Ensuring that effective policies and procedures are in place.
- Monitoring that policies are kept up to date and alerting when policies require updating.
- Ensuring policies are easily accessible by all employees and contractors in an organisation – including access on mobile devices.
- Monitoring employee and contractor engagement with each policy.
- Monitoring and enforcing policy attestation.
- Providing a method to use surveys to test policy knowledge.
- Using video resources to enhance policy knowledge.
- Providing a real time dashboard to show key data of employee engagement to allow proactive management and follow-up of policy attestation.
Corethix monitors when documents or policies require updating and alerts the policy owner in advance. The Corethix policy dashboard highlights documents or policies that require updating and also sends alerts when they have not been updated by their due date. After documents and policies are updated, the Corethix database archives all versions of each document or policy for historical analysis and future investigations.
Corethix is a cloud-based software platform that provides organisations with a comprehensive solution for managing conduct risk.
Because Corethix is cloud-based, it is easily accessible by all employees and contractors, including on mobile devices. This means that all employees and contractors can be made aware of their key employment obligations and what is, and what is not acceptable behaviour in the workplace.
Corethix provides organisations with a cloud-based software solution that is easy to set up and launch, and proactively ensure that they have up to date policies that are understood and attested by all of their employees and contractors.
Corethix monitors when policies require updating and alerts the policy owner in advance. The Corethix policy dashboard highlights policies that require updating and also sends alerts when policies have not been updated by their due date. After policies are updated, the previous version is archived for historical records and future investigations.
Corethix advises employees when new policies are launched and whether a policy requires attestation. Employees log in to their Corethix homepage and after downloading, attest that that they have read and understood the policy.
Corethix continuously monitors policy attestation by recording all user interactions and keeps a record of each employee, contractor and suppliers acknowledgement of having read and understood the policies and procedures (policy attestation). A real-time dashboard displays all policy attestation data to enable easy review and analysis of attestation records so that there can be follow up when attestation has not occurred.
All organisations are subject to the risk of their employees being involved in actions which are in breach of current legislative or regulatory obligations, contrary to the organisations stated values, policies and objectives, or at odds with accepted standards and practices for their industry and the broader community. Such actions by their employees can cause significant harm to a business including potential legal action against the company and its management and directors, significant financial loss and damage to their brand and reputation and, importantly, be harmful to the welfare of employees and the morale of the organisation. To help protect against these risks, organisations need to ensure that they are compliant with their legal and regulatory obligations and have an effective policy management system in place that aligns with the organisations values, goals and objectives and that employees understand and adhere to.
Corethix offers a free 30 day trial with full access to all modules and the ability to invite an unlimited number of trial users. No credit card required.
Corethix pricing is based on the number of client users is paid as an annual subscription.