Our customers have identified eight major challenges they face daily in addressing their organizations’ compliance objectives. CRSTL’s solutions address each of these challenges as follows:

  1. Managing Compliance Costs: Inefficient, uncoordinated efforts require huge expenditures on internal staff and outside lawyers and consultants.
     
    CRSTL Solution: An affordable, scalable and modular technology application that transitions your organization’s existing documentation and paper-based compliance and risk management programs into a comprehensive, sustainable process.
     
  2. Assessing the State of Compliance in Real Time: Paper-based checklists and Excel spreadsheets provide an incomplete picture of project status at any given point; assessments of project completion are guesses at best; coordination among team members is frustrated.
     
    CRSTL Solution: Organization compliance reports provide users with accurate, up-to-the minute snapshots of project status; data can be filtered or mined at will, providing a spectrum of information ranging from broad executive summaries to the details of selected legislative provisions.
     
  3. Continually Monitoring the Legal Landscape: Companies are forced to rely on a costly patchwork of resources to obtain and understand relevant legal and regulatory requirements; rules are frequently added, eliminated, and revised, giving rise to a lack of certainty as to current compliance requirements.
     
    CRSTL Solution: Legal and regulatory content is continuously monitored and updated by leading law firms in the U.S. and Canada; these law firms back their content with a qualified legal opinion as to its accuracy.
     
  4. Coordinating Compliance Activities and Encouraging Role Clarity and Responsibility: Compliance efforts are scattered across a multitude of functional areas; wasteful duplication and lack of role clarity result in cost overruns, delays and incomplete compliance assessments.
     
    CRSTL Solution: CRSTL workflow solutions ensure that all compliance activities are time-bounded and measurable and focus compliance efforts by assigning discrete responsibilities to specific individuals; activities are scheduled well in advance of compliance deadlines and progress is measured on a continuous basis; compliance status is available in real-time via remote access to dashboard reports.
     
  5. Simplifying the Logistics of Data Collection: Managing the data gathering process poses a complex challenge; paper-based records are unwieldy and prone to tampering, loss or incompleteness.

    CRSTL Solution: Deadline driven scheduling ensures that compliance data is complete and is delivered on-time; generic or custom organizational charts manage your company’s unique organizational hierarchy and map responsibility for data provision.

  6. Safeguarding the Integrity and Security of Compliance Data: Paper and standard software-based data collection and storage methods expose compliance data to a variety of risks, including tampering, loss and inaccuracy.

    CRSTL Solution: Audit trail reports ensure that data is never compromised; compliance team members are able to monitor/track the history of any response while document management and retention capabilities ensure that, once uploaded, supporting documentation is protected from any further changes; data is housed on remote servers and backed-up regularly.

  7. Useful Advice and Solution Support: Consultants and third-party software dealers often lack the expertise and resources that are needed for successful implementation of a comprehensive compliance solution.
     
    CRSTL Solution: Our team of legal professionals combines a sophisticated understanding of compliance requirements with first-rate technical skills to deliver to clients a seamless solution rollout.

  8. Integrating Solution with Existing Systems and Processes: Incompatibilities among workforce (hardware and software components), delay or prevent timely, cost-effective deployment of comprehensive compliance solutions.
     
    CRSTL Solution: As a platform neutral ASP client, CRSTL solutions can be deployed on all server/operating systems and integrate seamlessly with widely-deployed PIMs, document management tools.