revolutionizing compliance: why you need a true platform solution

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1 Thank you for registering for today’s webinar! The presentation will begin shortly. We recommend you use either ear phones or a headset to listen to the webinar through your computer’s audio. If you prefer to call in to the webinar, click here and call in using the details provided in the confirmation email you received from GoToWebinar. However, if you choose to call in, please note it is a Canadian number and long-distance or international charges will apply. You will be muted during the presentation, but able to submit your questions via the chat box. The presenter(s) will go through questions at the end of the presentation. If your question is not answered, someone will follow up with you directly following the webinar. You will receive a follow-up email with a copy of the recording and slides. If you have any questions about this webinar, please contact us at [email protected]. Your feedback is important to us — please share with us how the webinar went at the end of the broadcast. Thank you for your patience and we hope you enjoy the webinar! Revolutionizing Compliance: Why You Need a True Platform Solution

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Page 1: Revolutionizing Compliance: Why You Need a True Platform Solution

[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1

Thank you for registering for today’s webinar!The presentation will begin shortly.■ We recommend you use either ear phones or a headset to listen to the webinar through your

computer’s audio.

■ If you prefer to call in to the webinar, click here and call in using the details provided in the confirmation email you received from GoToWebinar.

□ However, if you choose to call in, please note it is a Canadian number and long-distance or international charges will apply.

■ You will be muted during the presentation, but able to submit your questions via the chat box. The presenter(s) will go through questions at the end of the presentation.

□ If your question is not answered, someone will follow up with you directly following the webinar.

■ You will receive a follow-up email with a copy of the recording and slides. If you have any questions about this webinar, please contact us at [email protected].

■ Your feedback is important to us — please share with us how the webinar went at the end of the broadcast.

Thank you for your patience and we hope you enjoy the webinar!

Revolutionizing Compliance: Why You Need a True Platform Solution

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Revolutionizing Compliance:Why You Need a True Platform Solution

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Today’s Moderator

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Kathryn SweetAssent ComplianceFacilitator - Training & Education

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Introduction

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 5

Assent Product SuitesOur Market Leading Platform

Corporate Social Responsibility Product Compliance

Vendor Management Inspections

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 6

Assent Works with 40% of S&P 500 Product Companies

Overview

300,000 Supplier Companies

Global Footprint

A Partner You Can Grow With

40%

300k

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 7

Today’s Presenter

Bill WheatleyCompliance Team of One

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Feature Presentation

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Challenges ▪ Communication barriers▪ Lack of access to reliable and clean data▪ Absence of in-depth regulatory understanding▪ Difficulties reporting on progress▪ Volume of requests ▪ Time consuming▪ Tedious verification process▪ Lack of compliance education

Solution▪ Centralization▪ Automation▪ Streamlined data collection▪ Scalability▪ Expertise

Overcoming the Compliance Challenge

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

Compliance Goes Beyond One Single Regulation or Data Point

Companies have to collect, organize, and report data across a range of laws, including a wide spectrum of topics (ie. corporate social responsibility & product compliance) in addition to collecting various data points from suppliers for basic onboarding purposes, codes of conduct and policy checks, and other logistical information.

Scalability

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1111

Gives Compliance Personnel the Ability To:

▪ Schedule, send, and monitor all supplier campaigns from one central location

▪ Collect many declarations from suppliers simultaneously

▪ Leverage information across all compliance programs

▪ Access compliance data anywhere, at any time

▪ Expand compliance programs to reflect the evolving regulatory landscape

What Is a Compliance Platform Solution?

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1212

Questions/DiscussionConclusion

[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

I didn’t really start enjoying compliance until I started working with Assent.

— Bill Wheatley, Director of Strategic Projects at a $1.5 Billion Medical Device Company

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1313

Education Is Key

Suppliers need to know the:

▪ When ▪ Why ▪ Where ▪ How

Subject Matter Experts are needed to quickly identify if a product/part is in or out of scope.

Assent University is also a great tool to utilize training and education efforts both internally & externally with your supplier.

Where to Begin?

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 1414

1. Train

2. Identify

3. Plan

4. Assign Players

5. Track Progress

6. Celebrate the Progress

Key Points to Success

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Discussion

[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

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Discussion

1 What was your thought process behind deciding you needed a 3rd party software solution?

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

Discussion

2 Why did you choose a platform solution?

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The Partnership with Assent Included:

▪ Software to manage three regulations (REACH, RoHS, Conflict Minerals) from one central platform

▪ Data services including collection, management and security

▪ Turnkey services to manage data collection

▪ Access to regulatory expertise to keep up-to date on changing regulations and the company’s responsibilities

▪ The ability to reach out across the supply chain to communicate and collect compliance information

▪ A team of developers keeping the software up-to-date with evolving regulations

▪ Affordable pricing

Partnering with Assent

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

Discussion

3 What experience did your suppliers have using the supplier portal to upload information?

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

■ Access to all your compliance data from anywhere, at any time ■ Expandability with new or updated regulations■ Automation of supplier outreach resulting in a scalable program ■ Access to Subject Matter Experts ■ Excellent customer support

Key Benefits of Partnering With Assent

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Overview

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Assent’s Platform Solution

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The Results

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[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017 [email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017

Learn more about Assent events:www.assentcompliance.com/events

[Webinar] Compliance Essentials: Surveying, Analyzing, Communicating, & ReportingWednesday, November 29th | 2PM ET

Upcoming Conferences

SAN DIEGOFEB 14-15, 2018

www.assentsummitseries.com

Upcoming Events: Webinars & Conferences

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Questions/DiscussionConclusion

[email protected] / www.assentcompliance.com / 1 866 964 6931 / © Assent Compliance 2017