Additional Module
Compliance
The compliance system is designed to monitor third party requirements to ensure they meet their obligations while engaged with your company.
1FiCSallows you to define and manage these requirements such as external certification, insurance currency and safety standards to ensure your risk is minimised. This module supports bench marking of all suppliers against key performance indicators you define.
This rating system can be applied across numerous areas from quality controls to environmental issues and can include multiple measures of potential risk to your company.
| Features: | Benefits: |
- Pre-contract compliance and competence review
| - Ensures skill and performance match with project needs reducing risk
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- Multiple party, multi location support
| - Quick review and comparison by date, region or project simplifying future selection
- Rapid non-conforming issues spotted quickly and resolution tracked reducing risk
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- Quality, safety or environmental views
| - Broad scope gives flexibility
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Compliance Overview Video
This two minute video shows how 1fics reduces the risk of financial and reputational losses from compliance failure by improving regulatory and process adherence, increasing audit effectiveness and making crucial information visible and accessible for more confident decision making. With the right compliance culture powerful things will happen.