In the midst of a troubled political and business scenario, where corruption is very noticeable, the importance of compliance.
This term comes along with the need for organizations to implement rules and policies to act in compliance with laws and regulations.
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The word compliance comes from the English “comply”. In translation, means to follow, to act according to a rule, an internal instruction, or command. Thus, organizations that decide to follow this practice must comply with internal or external rules, laws and regulations.
As a result, business risks are minimized, not least because compliance acts as a guide for a company's behavior in the market in which it operates.
Therefore, these are actions put into practice to ensure ethical and transparent relationships internally or between companies, consequently it will be in labor, financial, occupational safety, operational environmental compliance, among others.
Compliance directs companies to act correctly. In addition, organizations now have an internal control system to provide greater security the company itself, as well as its actions and operations and protection against corruption and cheats.
for one andcompany be in compliance, she must have full knowledge of the business, of the processes, both internally and externally.
If the company does not have this control over the business, there is the possibility of improvement and to ensure that the company is in full compliance with the rules.
When a company is in compliance and shows this to the market, it becomes more famous and confidence, as it is clear that this company acts correctly, with good practices, and follows rules and laws.
Thus, the organization stands out from the others, bringing value to the business, gaining recognition, competitive advantages and, most importantly, showing that the company acts with transparency.
In addition, the implementation of compliance programs helps to prevent corporate risks, remedying the risk of violating the law.
Also, it allows the early identification of problems and recognition of illegalities in other organizations, providing a break with harmful partners that could harm the company.
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