Today, organizations must comply with an ever increasing number of regulatory standards and mandates. So it is no surprise than an effective compliance tracking system is one of the best possible investments a company can make. Utilities need to ensure that their organizations meet all of the current NERC standards and regulatory requirements.
SOS Intl has designed a Compliance Tracking Tool (CTT) that automates most of the business processes related to risk management, the auditing process, compliance tracking, and report generation related to NERC compliance making it a central source for all documentation. The CTT provides a NERC Knowledge Database which is maintained by SOS Intl and generated relevant alerts to our clients. It provides a NERC Knowledge Database covering the following areas:
- Regulatory Standards
- Alerts and Advisories
- Compliance Application Notices (CANs)
- Compliance Advisory Reports (CARs)
- Notices of Penalty (NOPs)
Major features of the CTT include:
- Establishes and maintains a top-down culture of compliance
- Streamlines operations
- Reduces compliance risk
- Keeps track of changes at NERC and alerts clients
- Improves transparency
- Assists companies in addressing major compliance issues
- Reduces operation costs
Our Managed Compliance Service will also provide instructional support and give you the necessary tools to achieve as well as maintain regulatory compliance. We analyze your challenges, your business process, NERC and regional auditing processes and reporting as well as implementation of our system to devise specific solutions that meets your needs. We provide Managed Compliance Service that exploits the Compliance Tracking Tool (CTT) for collaboration between your team and our SOS Intl compliance team.