Modern Governance 11.0: Diligent Launches New Offering, ‘Diligent Compliance’, to Help Organizations Confidently Manage Risk and Ensure Business Continuity during Uncertain Times
New offering comes to market as the global pandemic reinforces the need for proactive business continuity planning, alongside risk and compliance management
Diligent Corporation, a modern governance company, announced the launch of Diligent Compliance, a new product that arms organizations with AI-based digital tools to ensure effective business continuity, as well as risk and compliance management. A solution for organizations struggling to manage internal and external obligations, Diligent Compliance ensures visibility into compliance-related obligations, identifies gaps in compliance, policies and reporting, and suggests remedial tasks to help drive continual improvement. Using Diligent Compliance, legal operations and internal audit teams are able to centrally manage continuity plans, ESG frameworks, cyber standards, privacy regulations, and more.
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“In response to COVID-19, organizations have quickly acclimated to an era of remote work–and they’re quickly realizing the need to adapt existing tools and practices to keep pace”
As the world adjusts to the new and unprecedented corporate climate incited by COVID-19, it is crucial that organizations reevaluate their business continuity plans and evolve how they manage risk and compliance. Diligent Compliance – powered by the integrated governance platform from recently acquired Solisma – equips leaders with the tools they need to navigate business continuity challenges and ensure the success of their organization in an increasingly complex world. In order to drive advancement, Diligent Compliance provides organizations with a score based on existing compliance controls and, once analyzed, develops a forward-looking strategic path by assigning a list of remediation tasks to relevant teams with easy reporting to measure improvement.
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“In response to COVID-19, organizations have quickly acclimated to an era of remote work–and they’re quickly realizing the need to adapt existing tools and practices to keep pace,” said Brian Stafford, CEO of Diligent. “Business continuity is the priority right now, and organizations will need to shift from a reactive to proactive mindset across all programs, including compliance. We are excited to bring to market Diligent Compliance, as it not only improves visibility, but allows companies to look ahead and even model different scenarios to prepare for what’s around the corner.”
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