Reduce Costs |
Lower cost of delivery by moving compliance training online
Lower opportunity costs through more efficient, more targeted, more effective training and reporting
Lower administrative costs by automating key processes
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Increase Compliance |
Employees have better visibility of their own compliance responsibilities through automated e-mail reminders and personalized online portals with real-time detailed training plans.
Line managers have better visibility into compliance status of their subordinates through detailed reporting accessible anytime, automated e-mail reminders, and the ability to assign and track specific training.
Business unit heads and in-country compliance staff have better visibility into compliance status for lines of business, divisions, or branches through comprehensive reports, dashboards, and the ability to run internal audits.
Executives have increased visibility through centralized, roll-up reporting across large, decentralized organizations. |
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Cornerstone Compliance addresses the following compliance areas:
One-Time Requirements |
Recurring, Multi-Year Requirements |
Audit Management |
Enterprise Compliance Reporting |
Cornerstone delivers tools to support compliance with one-time compliance requirements, whether driven by external regulation or internal mandates. An external example is anti-money laundering training for financial services firms while internal examples include standard HR policies or IT security training.
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Platform is pre-loaded with hundreds of best-of-breed e-learning titles from providers like WeComply, ELT, Zoologic, and FT Knowledge for general HR or industry-specific compliance training
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Deliver training or documents to specifically prescribed groups of employees and automatically tracks completion of training or receipt of materials |
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Dynamically generate acknowledgement forms at the completion of courseware, delivery of a company document, or other compliance training |
Cornerstone Compliance delivers powerful tools to track all types of recurring, renewal-based, multi-year designations. The application supports all types of continuing education (CE) programs, acknowledging that CE credits can vary from state to state and from year to year – no one solution can fit all needs. Because of this, the Cornerstone Compliance system is not rigid software, but instead is a toolkit to allow different organizations operating in different regulatory environments to build highly configurable designations to track all types of certifications, licenses, accreditations, and permits.
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Broadcast an annual global compliance message to relevant employees |
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Develop and post a schedule of applicable compliance training (targeted at specific sub-groups or even individuals) |
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Announce additional courses for specific business lines or job positions on an as-needed basis |
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Run compliance status reports ad hoc or on a scheduled basis |
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Set up status reports and quarterly reports |
For companies that face interaction with regulatory bodies like the NASD, JCAHO, or others, Cornerstone Compliance provides automated survey and reporting tools to ensure compliance with regulatory audits and form submission.
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Complete audit trail, electronic record, and electronic signature capability
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For internal audits, Cornerstone delivers online survey capabilities to allow organizations to deliver dynamic assessments or surveys to meet a range of requirements, including those for employee reliability tracking |
Once compliance requirements are set, Cornerstone tracks status and progress against those 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, at a glance, organizational compliance status (or by division, location, business unit, etc.) and where there may be risk
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Automated, scheduled reminders can be sent to users and managers to inform them of open compliance requirements, increasing completion ratios for training while minimizing administrative pampering
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Authorized users can access a suite of compliance administration tools which include the ability to view employee certification worksheets; mark credits complete; and grant extensions, as required |
Cornerstone Compliance is built on open architecture, allowing you to leverage existing IT infrastructure and investments at minimal up-front cost. The system typically integrates with your existing HRIS systems within days, and deploys enterprise-wide within weeks. Because its interface is intuitive and easy-to-use and you can configure the system to match your current processes, user adoption occurs rapidly without intensive training.
The Cornerstone Compliance platform delivers immediate results to companies operating in regulated environments.
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