Cornerstone Regulatory Compliance
Clear, Real-Time Visibility into Compliance Activities
Today's corporate enterprises face strict licensing and certification requirements. Companies spend extraordinary amounts of time and capital to conform to a range of regulatory requirements, including FDS, NASD, Sarbanes-Oxley (SOX), HIPAA, Joint Commission, Basel II, and well as any additional internal regulatory compliance, environmental regulatory compliance or HR policies. With Cornerstone OnDemand, you can address the challenges of meeting regulatory demands head-on.
Cornerstone Compliance solutions automate the administration and management of compliance management processes to ensure your organization is adhering to the latest regulatory requirements. Use our Compliance module to provide clear, real-time visibility into your company’s compliance activities and to transform an administrative headache into a valuable area for cost savings and business improvement, while minimizing risk.
Benefits
- Reduced risk to non-compliance exposure
- Lower cost of delivery
- Lower opportunity costs
- Lower administrative costs
Key Features
Increase Compliance Visibility and Minimize Risk
- With Cornerstone Regulatory Compliance, companies can minimize risk for all types of regulated and internal programs at all levels of the organization.
- Employees have better visibility of their own compliance responsibilities through automated e-mail reminders and personalized training plans
- Line managers see the compliance status of their subordinates through detailed reporting and automated e-mail reminders.
- Line managers can assign and track specific training
- Business unit heads and compliance staff have better visibility into compliance status for lines of business, divisions, or branches, using comprehensive reports, dashboards, and internal audits
Deliver E-Learning Content to Drive Higher Regulatory Compliance Rates
Cornerstone’s broad library of third party e-Learning content supplements administrative and reporting capabilities. Cornerstone has partnered with all of the top providers of e-learning content across all subject areas and skill levels. Cornerstone only works with market-tested vendors to provide online training content that is certified for regulatory environments.
- Access to over 30,000 online training titles that are pre-integrated into Cornerstone Compliance
Support for One-time, Ongoing and Multi-Year Requirements
Cornerstone Compliance supports one-time compliance requirements, ongoing or multi-year regulatory requirements, whether driven by external regulation or internal mandates. Cornerstone is fully configurable to address different regulatory environments to track all types of certifications, licenses, accreditations and permits.
- Assign online or instructor-led training to a group of employees
- Provide real-time tracking of course completion status
- Track any type of non-industry specific compliance training, including the types of activities mandated by internal initiatives
- Access to powerful tools to track all types of recurring, renewal-based, or multi-year designations including setup and deployment of any type of designation, ongoing tracking of status and production of complete compliance reports
Comply with Audit Trails and Electronic Signatures
Cornerstone Regulatory Compliance includes complete audit trail, electronic record, and electronic signature capabilities. Even under the most rigorous regulatory environments, our platform provides the most necessary protection during audits.
Generate Compliance Data With Enterprise Reporting
Once Compliance requirements are set, Cornerstone Compliance tracks status and progress against those regulatory requirements, both at the individual level and across the aggregated user population. The system also tracks completion and expiration of certifications, licenses, permits, accreditations and more. Administrators can always see organizational compliance status and where there may be risk.