Regulatory Change Management (RCM) for Process Compliance Navigator is the process of
identifying and implementing updates to policy and regulation requirements makes sure that an
organization remains compliant. Monitor developments and changes to policies and regulations,
and then assess their impact on the business. After you identify the impact, update policies and
regulations to meet business requirements. Regulatory change management makes sure that an
organization stays aligned with continuous changes to policies and regulations.
Required Editions
- Impact Analysis for Regulatory Change Management
With Compliance Impact Analysis, identify and manage the effects of changes to Regulation and Compliance Policy Versions, and Regulation and Compliance Policy Clause Versions. An AI-powered window uses prompt templates to identify related policies, controls, and business processes. Users evaluate the records, create missing mappings through individual or bulk actions, and generate follow-up tasks to update impacted records. By automating the identification of related records and facilitating direct record mapping, the tool streamlines gap analysis and makes sure that the broader compliance framework stays aligned with updated regulatory requirements.
