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Today, businesses and organizations of all sizes are faced with an increasing number of compliance regulations that require a formalized process for managing the business information and data that is the underpinning of their operations.
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| For example: |
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- Sarbanes-Oxley Act of 2002
- Basel II
- USA Patriot Act
- Gramm-Leach-Bliley
- FCRA
- Personal Information Protection and Electronic Documents Act ( Canada )
- HIPAA
- 21 CFR Part 11
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The implementation of management and compliance mechanisms is not only a necessary evil, required in order to prevent legal or financial penalties, but should also be used to increase efficiencies and to simultaneously improve accountability. Integrated systems and tools for the management of the entire content lifecycle are crucial in meeting these goals. |
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| In addition to creating a controlled and compliant business environment, businesses can expect to achieve the following direct and indirect benefits from implementing an effective BPM solution. In many cases these benefits return a significant ROI: |
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| Benefits from BPM: |
- Increased general employee productivity - By allowing employees to rapidly search, retrieve, and access key documents, organizations would see an substantial increase in employee productivity that would normally be absent without a BPM system.
- Save on records management costs - By transitioning from a paper-based to an electronic system of managing records, materials costs are substantially reduced. Physical office space that was previously used to store and maintain records can now be eliminated. This translates into annual cost avoidance savings associated with the increased records facilities that would have been needed to handle the alternative print and file solution of managing electronic records.
- Reduce personnel - With BPM personnel that are required to process paper records and maintain satisfactory levels of data accuracy can generally be reduced.
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Trellis support s organizations wishing to implement a comprehensive Business Process Management solution by: |
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- Performing a business discovery assessment, which reviews resources, processes and technologies to make sure they are in line with the company's overall strategies, goals and objectives
- Building a blue print that outlines the essential functionality required to manage content throughout its lifecycle, from inception to destruction while meeting all compliance regulations.
- Assisting with the selection of technology partners and solutions best suited to each company's individual requirements.
- Developing a phased in plan, which allows for acceptance by the users and provides continual checks and balances to ensure minimal disruption to the business while achieving the business performance deliverables as well as attaining appropriate compliance.
- Monitoring and measuring results and e stablishing a continuous improvement process to ensure that the tools and technology continue to meet the ongoing needs of the business
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To learn more on how Trellis can assist you with implementing a BPM solution please contact Trellis at 1-888-544-4070 or email us at info@trellisassociates.com |
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