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Info Sharing Session: Compliance – One Bite at a Time…

Date:
30 September, 2021
Time:
9:00 am - 10:00 am

Speaker:

30 September, 2021 @ 9:00 am - 10:00 am

BarnOwl Info Sharing session: 30 September 2021

Compliance: One bite at a time

Presented by: Cherryn-Paige Bissett, CEO – Paige Law,

Introduction

Whilst compliance has always been critical to the operating of any business, many sectors have arguably paid lip service to compliance apart from sectors such as banking, financial institutions, telcos and the mining sector who face heavy fines and / or in extreme circumstances could lose their operating licenses for non-compliance.

Compliance is often seen in a negative light as being an inhibitor of business. However, this is not the case; compliance when implemented effectively is a necessary and very positive discipline assisting the organisation to run a ‘tight ship’ in accordance with the laws (locally and internationally) as well as demonstrate good governance thus protecting the organisation’s reputation and enhancing stakeholder value.

Now more than ever, especially with the advent of GDPR and POPIA (effective 1st July 2021) and the ‘teeth’ that the new information regulator of South Africa has at its disposal, compliance is foremost on the radar even for small to medium sized businesses. Add to this the huge increase in cyber-attacks with data theft and ransomware attacks and one realises that compliance is no longer negotiable.

Thank you very much Cherryn for presenting at our info-sharing event held on 30th September 2021. We had a great turn out. Thank you to all those who attended.

 

5 steps to the successful implementation of compliance

The culture of the organisation is a critical element and the compliance (and risk) function needs to help people understand the risks that they are running and for the business to take responsibility. For this to happen, we as compliance professionals need to take our stakeholders along the journey with us and explain the ‘why’ as well as the ‘what’.

In summary

In summary, compliance may be painful to implement and the benefits may not be seen immediately, however taking compliance in bite size chunks and applying a sound methodology goes a long way to easing the pain, getting the buy in from your various stakeholders and guaranteeing success. Compliance is a critical building block in the building of a more capable and resilient organisation.

Presentation and video links

Please see attached presentation here, and the info sharing recording here.

Useful and associated links

https://barnowl.co.za/event/gearing-up-for-popia/
https://barnowl.co.za/tip-of-the-month/tip-of-the-month-taking-the-pain-out-of-compliance/
https://barnowl.co.za/knowledge-centre/ and https://barnowl.co.za/videos/
https://barnowl.co.za/event/topic-compliance-one-bite-at-a-time/
https://barnowl.co.za/info-sharing/compliance-one-bite-at-a-time/

Contact us

www.barnowl.co.za
Cherryn-Paige Bissett: cherryn@paigelaw.co.za
Cheryl Keller: cheryl@barnowl.co.za

Thank you:

Once again thank you Cherryn for your time and for your informative presentation and thank you to all those who attended our info sharing session. We look forward to seeing you at our next info sharing session. Please keep a look out for our upcoming events at: https://barnowl.co.za/events/

Kind regards
Jonathan Crisp
Director – BarnOwl GRC and Audit software

About BarnOwl:

BarnOwl is a fully integrated governance, risk management, compliance and audit software solution used by close to 200 organisations in Africa, Australasia and the UK. BarnOwl is a locally developed software solution and is the preferred risk management solution for the South African public sector supporting the National Treasury risk framework. Please see www.barnowl.co.za for more information.

 

About Cherryn-Paige Bissett, Director – Paige Law

About Paige Law (www.paigelaw.co.za)

Paige Law is a commercial legal practice which brings you high quality legal services, at the speed of business and, where possible, at fixed cost, ensuring you stay within budget whilst adding value. We work with you to understand your business, so that we are well positioned to balance your legal, operational and commercial risks in your agreements, resulting in your contracts being living, workable documents that enable rather than hinder your business.

Commercial Law

We take the pain out of contracting, working with you to understand your business and take care of your contracting needs whether they are big or small, simple or complex.

Legal Process Consultancy

Do you have an in-house legal department? Struggling to measure their productivity or efficiency even though they’re on the verge of burn out?

Managed Legal Services

Does your company have high volumes of low value contracts which you are either paying an external attorney an exorbitant hourly rate for, or leaves your in-house legal team drowning, not able to focus on high value, strategic contracts?

Popia / GDPR

All businesses must comply with the Protection of Personal Information Act.. That means that you need to protect the personal information of other businesses and individuals. To help you do that, you need some policies in place. We also have experience in dealing with the European equivalent of POPIA, known as GDPR. We can draft the necessary policies and contractual amendments for you.

Compliance

If you have a business, chances are, there are a number of pieces of legislation that you need to comply with. Do you know what these are and what you need to do to ensure you’re compliant?
Paige Law is an official compliance content provider to BarnOwl for its compliance software solution.

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BARNOWL PARTNERS

GRCReady is the official provider of risk management content for the BarnOwl GRC software solution. GRCReady provides extensive risk libraries and risk maturity checklists/surveys which are integrated with BarnOwl.

GRCReady, based in Australia, offers a comprehensive and holistic library of products and associated services including templates, policies, procedures, guidelines, checklists etc.t to help owners and directors of SMEs, startups and corporates to satisfy their corporate governance, risk management and regulatory compliance needs.

By integrating GRCReady's rich content libraries into BarnOwl's GRC software, we are able to offer our clients a state of the art, turnkey GRC solution.

GRCReady provides, arguably, the most comprehensive risk and governance maturity assessment framework with detailed steps and artefacts. BarnOwl's survey and action plan portal provides a simple and effective way to monitor and report on your current state of risk maturity and suggest and drive remedial action plans to take you to your desired state of risk and governance and maturity.

By integrating GRCReady's risk libraries with the BarnOwl GRC software, means that you don't have to start from scratch. In addition, ongoing updates and insights keep you informed and up-to-date on best practices.

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Season Rhyrhm is BarnOwl's preferred partner in Botswana assisting with BarnOwl implementations, support services and client relationship management.

Season Rhythm is an established and distinguished player in the ICT sector in Botswana, specialising in a range of cutting-edge solutions. Season Rhythm leverages BarnOwl to provide tailored GRC&A services to businesses in Botswana facilitating:

  • Governance: Enabling organisations to establish and uphold effective governance structures, ensuring transparency and accountability in decision making processes.
  • Risk Management: Equipping businesses with tools to identify, assess and mitigate risks, safeguarding against potential threats and ensuring continuity in a business environment.
  • Compliance: Ensuring adherence to regulatory frameworks and industry standards, protecting businesses from non-compliance penalties and fostering trust among stakeholders.
  • Audit: Streamling the audit process with comprehensive tools for planning, execution and reporting, driving efficiency and accuracy in internal audit and compliance assessments.
  • www.sr.co.bw/ict

BARNOWL PARTNERS

BarnOwl works closely with NSA in the field of GRC and assurance.

NSA is an education and risk & assurance advisory services provider, consisting of a team of professional consultants and facilitators who have been hand-picked on experience and expertise. NSA services include:

  • Strategic intervention: 30 expert consultants facilitating strategic planning, combined assurance, effective governance and risk management assignments.
  • Continuous professional development: CPD training for internal auditors, external auditors, accountants, risk managers, government officials, and psychologists.
  • Online learning: accredited training for the local government sector, including the Municipal Financial Management Program and Supply Chain Management.
  • Online skills development: skills in demand for 2030, including cybersecurity, Protection of Personal Information, Artificial Intelligence, Robotics and programming.

BarnOwl and NSA work closely with our clients to align and enable best practice GRC and assurance framework & methodologies within BarnOwl. NSA regularly presents online information sharing sessions together with BarOwl.

www.nextstepac.com

BARNOWL PARTNERS

Nico Technologies is BarnOwl's preferred partner in Malawi assisting with BarnOwl implementations, support services and client relationship management.

Nico Technologies Limited is an established IT products and services provider in Malawi, specialising in managed IT services, IT infrastructure services, IT project management, digital solutions, digital transformation and IT advisory.

Nico Technologies uses BarnOwl extensively within their own organisation to automate and manage their own risk and compliance functions.

www.nicotechnologies.com

BARNOWL PARTNERS

Morgan Solus is BarnOwl's preferred business continuity specialist consulting firm with its 'BCM toolkit' software. BarnOwl GRC together with the BCM toolkit, provides a comprehensive risk management and BCM software solution.

Morgan Solus is a specialist consultancy firm focusing on risk, resilience and continuity. Morgan Solus's core services are centred on resilience, crisis management, business continuity (BCM), IT services continuity and disaster recovery (DRP) and training.

The BCM toolkit ensures a consistent approach to implementing BCM and IT disaster recover and cuts down implementation timelines by 60% whilst driving up successful outcomes.

BarnOwl's extensive GRC and assurance functionally coupled with Morgan Solus's BCM toolkit provide the ultimate risk management and BCM software solution.

www.morgansolus.co.za

BARNOWL PARTNERS

Arbutus Analytics is Barnowl's preferred data analytics software. BarnOwl GRC integrated with Arbutus Analytics, provides the ultimate in continuous risk monitoring.

Arbutus Analyzer is a powerful data access and analysis solution specifically developed for auditors, business analysts, and fraud investigators. Its robust performance and user-friendly features offer you the ability to access and analyse data quickly and simply.

BarnOwl GRC, integrated with the real-time metrics from Arbutus provides a strategic early warning system driving preventative and predictive capability facilitating effective business decision making business improvement.

www.arbutussoftware.com with local sub-sahara African distributor www.betasoftware.co.za

BARNOWL PARTNERS

Barnowl works closely with Pax Resilience in the field of GRC and sustainability.

Pax Resilience offers solutions in risk, resilience and cyber security. Pax Resilience strive to create peace of mind by assisting you to build the resilience in your organisation so essential to survive and thrive in the volatile, uncertain, complex and ambiguous world we live in.

Pax Resilience regularly presents online information sharing sessions together with Barnowl.

www.paxresilience.io

BARNOWL PARTNERS

Paige Law is the official provider of compliance content for the Barnowl GRC software solution. Paige Law provides an extensive Library of South African acts including provisions [CRMPs] and checklists which are integrated with Barnowl.

Paige Law specialises in compliance, Commercial Law, Legal process consultancy, managed legal services and POPIA/ GDPR.

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