Regulatory and industry standards compliance software (legal registers)
Manage your regulations, industry standards and internal documents such as permits and contracts.
An integrated compliance management software with regulations and industry standards
Regulatory and industry standards compliance software helps organizations meet regulatory requirement by identifying applicable regulations, assigning responsibility, analyzing risks, and creating an audit trail. Based on best practices in ISO 14001, ISO 45001 and ISO 37301, Nimonik’s system takes a plan-do-check-act approach to compliance with regulations and standards.
It simplifies compliance reporting with automated tools, reducing non-compliance risks and protecting businesses from penalties and reputational harm.
Nimonik’s compliance management software helps you centralize requirements from regulations and industry standards along with your digital requirements from engineering documents, contracts, permits, policies and other documents. Following our systematic approach, you will determine what applies to you, identify compliance gaps and close issues with actions and audits. Nimonik’s compliance software solution allows you and your organization to stay on top of all your requirements.
Regulatory Chatbot
Nimonik’s secure regulatory chatbot allows you to ask questions to large bodies of regulatory data that is accurate and up-to-date.
The Chatbot allows you to find documents that apply to you, understand your requirements, create audit findings and much more.
Determine applicability and compliance
The first step in compliance management is to identify and add applicable regulations, standards and company documents to your Registers or Lists. You can then assign responsible people and teams, and subject-matter experts who can validate the applicability and compliance. These registers are fully customizable and all changes to your data is stored in the Nimonik’s legal compliance audit software, for each assessment, creating a complete audit trail of your compliance process.
Contact us today and start optimizing your compliance efforts!
Add your own documents and extract requirements
Easily add your documents to Nimonik. Nimonik’s algorithms and technology parse the documents and extract requirements, deadlines and more. You can then issue actions and responsibilities for meeting permit requirements, corporate policies or other internal documents can then be assigned.
Once your company documents are analyzed, they can be managed alongside the regulations and standards that apply to your organization. This allows you to centralize all requirements in a single location and reduce risks of errors.
Risk rank obligations
No organization can tackle all requirements at once. Nimonik risk management module allows our clients to use a risk matrix to rank and prioritize the risk that your organization faces for each requirement in a standard, regulations or company document.
Once risk has been quantified, you can reduce it with controls and documentation. This allows you to calculate inherent and residual risk for the documents and requirements that apply to your operations.
Link obligations to internal controls
Compliance obligations can be connected to control measures, policies, procedures, people, teams and reporting dates. These controls allow you to dramatically reduce the risk of non-compliance.
With risk mitigation in place, you can identify the residual risk and present an accurate compliance profile to management.
Issue actions to come into compliance
Create one-off or repeating actions based on your compliance obligations. Actions can be assigned to people or teams and when completed, records are stored in the system allowing for oversight and reporting.
Monitor Standards and Regulations for Change
Nimonik’s regulatory analysts and AI software monitor thousands of government and industry publications every day. Nimonik issues actions to your team when relevant documents are published or documents change. By completing these actions, your team will document its efforts to stay in compliance with current regulations and standards.
Review new and changed documents from regulators and standard bodies to ensure your team is always ready.
Compliance and action status reports
Generate reports for colleagues, management, and auditors. Nimonik offers customizable reports to identify areas of concern and help follow-up with colleagues, contractors and other stakeholders.
Report on action completion, identify overdue actions, and track progress towards comprehensive compliance.
Nimonik covers regulations and standards for a variety of Topics and Industries.
Please note that Nimonik is used by companies in all industries. The industries listed below are just examples. Contact us to determine if our services can benefit your organization.
Select Industries
- Automotive and electric vehicle components
- Consultants
- Electronics Manufacturing
- Facilities Management
- Food and Beverage Production
- Government and public bodies
- Logistics
- Mining and Metals Processing
- Medical Devices
- Oil & Gas – Upstream and Downstream
- Oil & Gas – Midstream / Pipelines
- and much more.
Nimonik Regulatory and Standards Sources
- Legislators
- Regulatory Agencies
- Standards Development Organizations (SDOs)
- News & Media
Nimonik Regulatory Topics
- Environmental (ISO 14001)
- Health and Safety (ISO 45001)
- Cyber-Security and Data Privacy (ISO 27001)
- Environmental, Social and Governance (ESG)
- Industrial Relations and Human Resources
- Security and Public Safety
- Financial and Insurance Compliance
- Professional Conduct, Quality Management
- Public Health (Food, Disease, Other)
- Energy Management (ISO 50001)
- Quality Management (ISO 9001)
FAQ
To select regulatory compliance management software for your business, consider factors like industry-specific requirements, scalability, flexibility, integration capabilities, reporting features, vendor reputation, and customer support.
Best practices for regulatory compliance management include creating a compliance culture, conducting risk assessments, implementing robust policies and procedures, providing employee training, maintaining accurate documentation, and monitoring compliance activities.
Regulatory compliance management software helps reduce risks by providing real-time monitoring and alerts, ensuring adherence to regulations, centralizing data and documentation, facilitating risk assessments, and generating comprehensive reports.
Key features to look for in regulatory compliance management software include regulatory data in a comprehensible format, compliance tracking and monitoring, risk assessment, flexibility along with reporting capabilities and integration into other platforms.
Regulatory compliance management software improves transparency in business operations by centralizing compliance information, tracking and documenting compliance activities, providing real-time visibility into compliance status, generating audit trails.
