SMART!
Redefining governance, risk, compliance and improvement
Improving compliance and reducing risk to international requirements and regulation is a challenge. We have a solution.
Regulatory change has grown 10% per annum recently, and with it compliance costs.
With the global shift to “two-pillar” sustainability and financial reporting, including mandatory sustainability reporting and assurance in Europe by 2023, the challenges and costs are increasing.
EY list ESG as one of industries #1 risks and opportunities. Providing transparent reporting and assurance on ESG and other industry compliance obligations is essential to business success.
Source: European Commission : Corporate Sustainability Reporting Directive
The regulatory landscape is complex.
Less than one third of standards and legislation typically include actual obligations; however, there can be hundred and thousands of pages of documents. Many international standards have overlapping obligations and it is time consuming to determine the equivalency.
Regulation and assessment fatigue is high.
The regulatory landscape is complex.
Less than one third of standards and legislation typically include actual obligations; however, there can be hundred and thousands of pages of documents. Many international standards have overlapping obligations and it is time consuming to determine the equivalency.
Regulation and assessment fatigue is high.
But non-conformance can have disastrous consequences.
Although the number appears overwhelming, non-conformance to international standards and regulation has serious impacts on business outcomes, reputation, and social licence to operate.
- Health, safety, and environmental impacts
- Loss of reputation and licence to operate
- Inability to hire and retain high calibre teams
- Financial remediation costs
Enter SMART!
Welcome to SMART! a cloud-based, integrated, and scalable solution designed to help you take control of your governance, risk, compliance, and improvement processes. SMART! consists of four modules that can be used independently, or as a fully integrated solution.
Use the compliance module to develop, manage and assess against your compliance universe.
- Curate a central compliance database with requirements and verifications
- Schedule audits and assurance activities across the organisation
- Complete assessments attaching comments, evidence, and actions
- Apply workflows to manage the assessment process
Use the risk module to develop and manage your risk universe.
- Link risks to assessment gaps
- Create checklists to implement risk monitoring
- Attach actions and initiatives to risks
- Manage your risk and opportunity register
Use the improvement module to develop multi-year business plans linked to your strategic objectives.
- Create objectives, initiatives, and plans
- Link key results including compliance and maturity scores
- Assign actions across planning horizons
- Manage and report progress to initiatives
Use the GOVERNANCE module to oversee the delivery of your business plans, and transparently report current state progress to your aspirations across the entire organisation.
- Built-in and customizable reporting
- Organisational-wide reporting cubes
- Integrate to existing reporting systems
- Audit trails for traceability
Enter SMART!
Welcome to SMART! a cloud-based, integrated, and scalable solution designed to help you take control of your governance, risk, compliance, and improvement processes. SMART! consists of four modules that can be used independently, or as a fully integrated solution.
Use the compliance module to develop, manage and assess against your compliance universe.
- Curate a central compliance database with requirements and verifications
- Schedule audits and assurance activities across the organisation
- Complete assessments attaching comments, evidence, and actions
- Apply workflows to manage the assessment process
Use the risk module to develop and manage your risk universe.
- Link risks to assessment gaps
- Create checklists to implement risk monitoring
- Attach actions and initiatives to risks
- Manage your risk and opportunity register
Use the improvement module to develop multi-year business plans linked to your strategic objectives.
- Create objectives, initiatives, and plans
- Link key results including compliance and maturity scores
- Assign actions across planning horizons
- Manage and report progress to initiatives
Use the GOVERNANCE module to oversee the delivery of your business plans, and transparently report current state progress to your aspirations across the entire organisation.
- Built-in and customizable reporting
- Organisational-wide reporting cubes
- Integrate to existing reporting systems
- Audit trails for traceability
Build your own or customise our assessment library
ESG Standards and Requirements
Load and manage your compliance to international ESG requirements, including GRI, SASB, UN SDGs and World Bank ESF Standards.
International Mining Requirements
Load and manage your compliance to international mining standards; including ICMM, TSM, ICMI, and GTMI Standards.
ISO Standards
Measure you compliance and maturity to a range of ISO standards, including ISO-9001 Quality Management Standard, ISO-14001 Environmental Management Standard, ISO-18001 Health and Safety Management Standard, and ISO- 55001 Asset Management Standard.
Lean Management
Measure your maturity to our business lean management assessments. Ensure the appropriate rhythms and routines are in place and healthy across your organisation.
Deployment and maintenance made easy
Worried about implementing a new application? We’re here to make life as easy as possible with our suite of admin services. Let us:
- Host in our secure MS Azure environment
- Load and schedule your standards and assessments
- Add and onboard new users
- Integrate into your existing systems
Why choose SMART!
Revive stagnant standards and policies
Keeping organisational protocols alive and active is undeniably difficult. In many organisations, a major disconnect exists between policies, standards, and the actual day to day practices of team members. SMART! links standards and requirements to assessments and questions, ensuring we measure compliance back to the source.
Drive standardisation and close maturity gaps
Often when gaps and flaws in your system maturity are identified, there’s a lack of action taken. Who owns these gaps, flaws, and the subsequent, actionable tasks? SMART! allows you to self assess as part of your workflow, ensuring these assessments and their actionable tasks are directed to the right person.
Use a tool that scale with you and your organisation
Stop the spreadsheet mayhem. When you’re trying to implement improvement initiatives and organisational maturity, there are typically many, many spreadsheets at play. As these are managed by the user, they typically become a mess, which poses a real risk for everyone relying on this data. SMART! comprises the data, information and value held in these spreadsheets while streamlining the data to ensure everyone who needs to access it, can.
Closing more gaps means less assessments
Performing assessments can be hard enough but throw in the management of the actions to close gaps and it is not surprising that many teams keep performing assessments and finding the same gaps. Use the SMART! planner module to develop your improvement plans and track actions to completion. As your maturity increases, you’ll find less need to re-assess as frequently.
You know what needs to change but not how it'll happen
Your assessments have uncovered serious gaps in your system. You know exactly what needs to change. Just not how it’ll change or who will manage that change. SMART! allows your team to see the required actions and reassesses in real-time to actively close those gaps.
Time to get SMART!
Looking for an easier way to manage your governance, risk, compliance, and improvement processes. Contact us for a SMART demo today.
