FCPA Compliance

Solution & Benefits Lifecycle Related Regulations

FCPA Compliance Lifecycle

The FCPA compliance lifecycle includes the following steps, all automatically enacted by the ProcessGene™ GRC Software Suite:

Lifecycle step FCPA activity
FCPA compliance context establishment
  1. Definition of FCPA compliance related business processes
  2. Delineation of process diagrams (optional)
  3. Definition of assets within the FCPA scope
  4. Standardization and documentation of FCPA regulations, policies and procedures
Risk identification
  1. Risk description, identification of risk stakeholders
  2. Risk classification and determination of heat-maps
  3. Risk assessment and measurement
  4. Determination of Key Risk Indicators (KRIs)
  5. Risk tolerance determination
Control determination
  1. Definition of controls to mitigate identified FCPA risks
  2. Assignment of FCPA control owners
  3. Scheduling and monitoring FCPA control execution
  4. Assessment of residual risk levels
Requirement management
  1. Requirement definition
  2. Automated requirement workflow management
  3. Requirement fulfillment monitoring
FCPA audit and remediation
  1. Definition and scheduling of FCPA audit plans
  2. Definition of mechanisms for testing ongoing FCPA compliance
  3. Collection, analysis and storage of FCPA audit results
  4. Remediation plan definition, execution and follow-up
FCPA related incident management
  1. Incident recording
  2. FCPA related incident handling (using scheduled workflows)
  3. FCPA related incident analysis and reporting
  4. Incident monitoring and follow-up
FCPA certification
  1. Hierarchal FCPA certification process determination
  2. Establishment of an automated FCPA certification process
  3. Monitoring and reporting FCPA certification status
  4. Archiving FCPA certification history
Multi-Org management
  1. Determination of a global FCPA compliance baseline with mandatory components
  2. Establishing a workflow for examining local (subsidiary) variants
  3. Enforcement of enterprise guidelines, regulations and frameworks within subsidiaries
  4. Control FCPA compliance level both locally (per subsidiary) and globally from a central HQ cockpit

The ProcessGene™ FCPA Software Users

The ProcessGene™ FCPA compliance software provides value to the following users:
  1. C-level management (CEO, CFO, CIO, CRO, COO)
  2. Board of directors
  3. Compliance officers
  4. Internal auditors
  5. FCPA compliance managers



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