Compliance is the adherence to some sort of rule, regulation, standard or Obligation.
Contract compliance and compliance with contract terms, local legislation and industry regulations is crucial in contract management.
Adherence is required from businesses and each of their suppliers.
Gatekeeper makes it easy to track compliance with:
- A complete, auditable history of all actions taken against a record
- Automatically triggered escalation workflows so you can take remedial action ahead of time if non-compliance events occur.
- Automatic notifications when certificates from suppliers are reaching their expiry date.
- A centralised way to store all compliance related documentation, including SOC reports.