Curated News
By: NewsRamp Editorial Staff
November 19, 2024

NAVEX Empowers SMBs to Create a Culture of Compliance

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Source News Release

TLDR

  • NAVEX makes it easier for SMBs to start and scale their GRC programs, giving them an advantage in regulatory compliance and future growth.
  • NAVEX WhistleB offers report intake, streamlined reporting, and case resolution to ensure compliance with EU whistleblowing regulations.
  • NAVEX empowers SMBs to establish a risk-aware corporate culture, complying with regulations and strengthening employee participation for a better tomorrow.
  • NAVEX provides fast, secure report intake and clear incident management processes, making compliance easier and more efficient for SMBs.

Impact - Why it Matters

This news matters because it addresses the challenges small and medium-sized businesses face in meeting compliance standards. By providing essential solutions and guidance, NAVEX helps SMBs avoid heavy costs from non-compliance, such as fines, reputational damage, and lost business. This impacts SMBs by empowering them to establish future-ready, risk-aware corporate cultures and comply with regulations.

Summary

NAVEX, the global leader in integrated risk and compliance management software, is making it easier for small and medium-sized businesses (SMBs) to start and scale their governance, risk, and compliance (GRC) programs. With over 6,000 SMBs worldwide, the company understands the unique challenges these businesses face as regulatory scrutiny intensifies. NAVEX Chief Product Officer, A.G. Lambert, explains how NAVEX solutions such as WhistleB offer essentials like report intake, streamlined reporting, and case resolution while giving SMBs easy to use, effective, and fully compliant options. SMBs often take a reactive approach to risk and compliance topics due to their perceived complexity and lack of full-time ownership, yet overlooking compliance can carry a heavy cost, from fines and reputational damage to lost business and revenue.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, NAVEX Empowers SMBs to Create a Culture of Compliance

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