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5 Regulations We Can Help You Comply With

January 27, 2017

A few months ago, we told you about what your company can achieve by gaining compliance. Now, we're back to give you more details on how our Philadelphia compliancy management company can help you reach and maintain compliance. Specifically, we're going to offer a few examples of regulations, government and otherwise, which may be relevant to your organization and which we can assist you in meeting:

  1. Federal Food & Drug Act – This act is designed to prevent the sale, transportation and manufacture of drugs, foods, liquors and medicines which are misbranded, poisoned or adulterated. If your company is in the healthcare or food sector, complying with this act is a must, as failure to do so may result in your business being fined or shut down.
  2. Gramm-Leach-Bliley Act (GLBA) – The goal of this act is to protect the nonpublic personal information of the consumers of financial institutions. In order to achieve this objective, the act requires all financial institutions to have a policy that safeguards consumer information from security threats.
  3. Sarbanes-Oxley Act – This legislation seeks to prevent accounting fraud. Among other things, it necessitates that all publicly-traded companies and certain private companies include an Internal Controls Report with every financial report.
  4. The Health Information Portability and Accounting Act – More commonly known as “HIPAA,” this act is designed to protect the privacy of healthcare information and to make health insurance easier to maintain. It applies to a variety of organizations, including insurance companies, hospitals and private practices.
  5. Personal Information Protection & Electronic Documents Act – If your company collects the personal information of clients and delegates it to other organizations, you'll need to comply with this act by developing a privacy policy, a method for obtaining consent to share personal information and a process for consumers to file complaints.

As you can see, reaching compliance is an involved process, but it's crucial for maintaining a successful business and avoiding penalties. That's why our compliancy management company in Philadelphia is here to provide guidance and assistance.

How Does Alura Help Businesses Achieve Compliance?

At Alura Business Solutions, we use a variety of methods to aid organizations in meeting their specific guidelines. These include:

  • Advanced risk management
  • Security additions
  • 24/7/365 monitoring
  • Constant patching
  • And more!

To learn more about what Alura can do to help your business be fully compliant, give us a call at 844-558-7200. We can't wait to show you why we're known as the compliancy management company Philadelphia organizations can rely on!

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