Kaplan EduNeering Introduces Compliance Risk Mitigation Suite

Automated, built-in compliance workflow identifies and mitigates risk and targets the appropriate action based on individual assessments

October 19, 2009 - Princeton, NJ – Kaplan EduNeering, a leading provider of compliance and knowledge management solutions, has introduced an automated compliance risk management tool to identify and mitigate organizational risk. 

Leveraging the power of Kaplan EduNeering’s SaaS (Software as a Service) learning management platform, the Compliance Risk Mitigation Suite includes the SmartForms tool, which pinpoints the employees or external partners who pose risks to the organization and automatically triggers the optimal response, such as learner-specific training or notification in line with the organization’s reporting policies.

“Non-compliance risk is at its highest level in many years, whether as a consequence of current economic conditions or heightened scrutiny by regulators,” said Lisa Clune, President of Kaplan EduNeering.  “A number of studies and surveys report the escalating concern of corporate leaders across all business sectors that fraudulent activity will continue to climb over the next year. Our clients have asked for our help in aggressively responding to these very serious concerns.  It is because of the need expressed by our clients that Kaplan EduNeering has expanded our compliance solution to include this suite of risk assessment and mitigation tools.”

The new Compliance Risk Mitigation Suite addresses the burgeoning challenges facing today’s business sector.  It enables companies to assess and mitigate risks posed by:

• Conflicts of Interest;
• Foreign Corrupt Practices Act;
• Supply Chain Performance;
• Corporate Policies related to Environmental, Health and Safety;
• And other company risk areas. 

The Compliance Suite arms company compliance personnel with practical tools including:

• Self-assessment forms that enable the use of regulatory or company-specific policies to trigger targeted learning assignments or actions based on employee responses or company-defined procedures;
• Integrated documentation and monitoring capabilities that quickly and easily “assign” and track online forms for review through real-time reports;
• Customizable, authoritative content developed by Kaplan EduNeering learning experts working with client teams, created by the client’s organization, or offered through Kaplan EduNeering’s 550-course library;
• Courses available in multiple languages that target the learning needs of unique populations including contractors and other non-employees;
• Unimpeachable and secure electronic signatures that leverage our web-based platform to streamline  record-keeping & administrative tasks;
• Robust management reports and dashboards that are easily customized by company-specific needs such as type of conflict, location, job function or other risk factors.

About Kaplan EduNeering
Kaplan EduNeering is part of Kaplan, Inc., a leading global provider of educational services to individuals, schools and businesses.  Kaplan is a subsidiary of The Washington Post Company (NYSE: WPO). Kaplan EduNeering develops technology-enabled knowledge solutions for assuring regulatory compliance and improving business performance. Kaplan EduNeering is headquartered in Princeton, NJ, and has offices in Houston, TX, Bloomsburg, PA, and London, UK. 

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