Closed Loop Compliance Model

Xyea implements a closed-loop compliance model that constantly monitors the data entered in the system, identifies deviations from the standards, assigns actions to address the deviations, and automatically tracks their progress. This approach minimizes the possibility of adverse events occurring, and leads to continuous improvement in your business process.

The components of the Xyea closed-loop model are:

When you start using your Xyea solution, you enter the audit criteria, list the risks, the controls you have in place to manage those risks, and the actions you are taking to ensure compliance. Unless you are implementing a compliance system for the very first time, you will reuse your existing audit and compliance elements – generally, these will exist in electronic formats such as Word documents, Excel spreadsheets, and in various databases.

Adding your organization’s  information to Xyea is straightforward but if you prefer not to do it yourself we will do it for you.

The Xyea solution is made up of a set of modules that reflect the stages in a closed-loop compliance system. The Xyea modules work seamlessly with one another, so you can easily add more modules as your compliance system evolves. You pay only for the modules needed to implement a system that meets your requirements.