Here at JVR Consultancy, we have a reputation as one of the United Kingdom’s most reputable and accomplished compliance advisory consultancies.
There have been some attempts to stem the tide of regulatory burden on businesses, but there is no denying the long-term trend: governments will continue to impose more and more onerous laws on businesses for as long as they can get away with it.
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To combat this threat effectively, businesses must design comprehensive strategies that allow them to avoid financial fines while also reducing compliance costs.
But many businesses have not adapted to the new regulatory environment and are still relying on out-of-date ways to compliance, which puts them at danger of falling foul of regulatory requirements. Businesses must build sophisticated compliance and risk management systems if they are to thrive in today’s competitive environment. But, exactly, what do these terms mean and imply?
Can you tell me what the difference is between compliance and risk management?
It turns out that compliance management systems and risk management systems are not the same thing after all.
Compliance management is concerned with the development of procedures that allow businesses to adhere to the regulations, no matter how difficult or arbitrary the rules may be to follow. In order to comply with current regulatory requirements, businesses must create training and management systems to ensure that every aspect of the business operates in compliance.
Risk management is concerned with taking actions to control the uncertainties that arise as a result of new rules and dealing with government agencies that have the legal authority to levy fines and penalties. The process of designing methods that will undercut any regulatory case against a corporation and exonerate it from responsibility is therefore required.
As you might expect, you can’t establish a successful compliance management plan without first putting in place a solid risk management procedure, and vice versa – the two go hand in hand in terms of effectiveness.
An Evolutionary Approach to Compliance and Risk Management is Required.
Because of recent changes in the regulatory environment, several of the world’s most respected companies have dramatically altered their approach to risk management and compliance management. The reactive approach to compliance and risk management that was formerly sufficient is no longer sufficient. Regulatory threats must be addressed as soon as they are made known to businesses. It is critical to be audit-ready. Furthermore, it is no longer sufficient for compliance to be handled piecemeal — as is currently the case with the compliance department. It is essential that it is comprehensive and appropriate throughout the entire organisation.
As a result, the new paradigm is that compliance must be both intelligent and comprehensive, encompassing the entire organisation. For a company to succeed, a centralised plan orchestrated by senior management and implemented throughout the organisation is required. By adopting a consistent, company-wide protocol, businesses can decrease risk, increase customer satisfaction, and reduce shareholder losses as a result of regulatory fines and penalties.
The Importance of Implementing Enterprise-Wide Compliance and Risk Management Solutions
Making enterprise-wide compliance and risk management systems is more difficult than it appears at first. Whilst some businesses have the in-house competence to handle this, the vast majority do not. Because of this, it is critical that they seek professional services that can give them the frameworks that they can use to ensure long-term compliance and reduce risks in their organisations.
A uniform compliance framework contributes to the development of a compliance culture throughout an organisation. A combination of training, increased coordination between the many arms of the organisation, and professional risk management solutions can all assist businesses in navigating the complex regulatory landscape. Furthermore, it contributes to greater transparency, which in turn improves public relations.
JVR Consultancy has experts local to you that can help with all your Compliance and Risk Management needs – get in touch with us today. Please use the enquiry form, email us at [email protected] or call on 01628 565256.
Frequently Asked Questions from our Customers
Yes we can, we can assist you with any of the accreditation featured on our website. We have a 100% record of securing any of the accreditation in the first audit for all our customers for the last 13 years.
More to the point, I ask clients how quickly can you start. We can have a consultant working on your accreditation within the hour if you are ready. The only things that take time are the audit dates, these are issued to the client by the certification body so it is out of our control.
This depends on how much the client has in place already. The more they have, the easier it becomes to work on their accreditation. The gap analysis that we carry out is free of charge and afterwards will give you an exact fixed price.
The fixed price will include the following –
- Carry out all the work ( creating documents & processes tailored to your company )
- Attend the audit ( as your expert consultant ) or make the desktop submission.
- Make any corrections that the auditor may highlight to ensure that you obtain your accreditation the first audit.
Initially, we need to talk to you to carry out the free gap analysis. Afterwards, we would require you to forward all the relevant documents. After that, we can complete the work with the minimum of your input, leaving you to concentrate on doing what you do best for the company.
Yes! Let us Manage your Accreditations with Ongoing Support and Maintenance. With us managing your accreditations, your team can then focus on business growth and development. This gives you peace of mind knowing your compliance is being routinely managed by professionals. Ongoing support and maintenance avoids panic in your business when suddenly faced with an audit, knowing at all times you are well prepared.
Achieve Accreditation and Compliance with JVR
JVR Consultancy was formed in the year 2008 and their head office is based in Windsor and Maidenhead. We noticed that there was a gap in the market, for companies who work in the construction, rail, utilities, oil and gas sector who were not fully supported in the way that they could be when it came to industry compliance and certification. That is why our highly experienced team of compliance consultants can serve these sectors by providing over 135 years of combined experience with all compliance needs. In short, you won’t find anyone else who cares as much, or who tries as hard as we do.
Speak with one of our experienced consultants. At JVR, we know that time is precious, and you want the answers to your questions quickly, especially during an audit!. Once we speak with you for the first time over the phone, we need around 10 minutes to fully evaluate which accreditation you need support with and a brief introduction into you and your company.
Our consultants have an extensive level of experience in developing solutions and offering guidance for our clients and their businesses. We offer a free GAP analysis, which will help to assess the difference between your business performance and your goals. It’s a fantastic way for you to find out if your business needs are met, and if they aren’t, it gives you the insight and confidence you need to deliver improvement before an audit. Learning more about what is Gap Analysis and how will the report benefit you.
With a success rate of 100% and a team who will go above and beyond to make sure that your expectations are met, you know that you can trust in us to provide you with the knowledge, resources and expertise you need to make a difference. Contact us today to find out more.
To identify the objectives and benefits that are needed to achieve your desired level of compliance, we offer a FREE, no-obligation Gap Analysis. Our analysis will assess your current systems and documentation. Just start your journey by filling in the form below, and one of our specialists will contact you (typically within one working day) to make arrangements.
Nationwide Presence
26 national support locations throughout the UK. See Office Locations.
Fixed Fee Payments
There are no hidden charges, and what you see is what you pay.
Free Gap Analysis
Assess the difference between your business performance & your goals.
Audit Support
Supporting businesses with upcoming compliance audits. FAST TRACK priority support also available.
Ongoing Support
JVR offer Ongoing Support & Maintenance for peace of mind.
Customer Service
Our customer reviews are a testament to our work & the results we achieve.
Experience
Vast experience in developing compliant integrated management systems
Thorough Process
We write procedures, policies & associated documentation.
Bespoke
Our services are tailored to meet individual company requirements.
Audit Support
Get FAST TRACK Audit Support with JVR Consultancy Today. Click here to find out more.
Free Remote Gap Analysis
Book a Free Remote Gap Analysis during Covid-19 for your business. To learn more, why not read our What is Gap Analysis blog article and understand how a Gap report would benefit your company.
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