The Results: Skyrocketing Productivity and Consistency Ocwen Financial Corporation wrote, reviewed, and published nearly 300 new policies and procedures in less than four months. “That is unbelievably fast,” said Daniel. “It used to take us about up to two months to complete the approval of one policy. We would spend a lot of time chasing documents, dealing with formatting issues, opening up hundreds of emails and digging through multiple SharePoint sites. Now, productivity has increased substantially.” With time and resources deployed more strategically, the risk management team can focus on supporting and overseeing business units in improving the quality of their controls and processes—rather than simply documenting them. Several features of PolicyTech further improve efficiency. For example, powerful search and sort functions help users quickly find the documents they need. It’s also easy to view and export to Excel. “Those have been big time savers for managing documents within the company,” he said. There is momentum to expand the use of our tool to the other departments, where users can attest to other materials and documents that are not necessarily policies, such as training materials and evidence for process attestation. “Other groups in the company are seeing the benefit of PolicyTech,” said Daniel. “They have seen what it can achieve, and they want it for their own departments.”Find Out How Your Organization Can Benefit From NAVEX Global’s PolicyTech Policy Management Software NAVEX Global’s PolicyTech policy management software revolutionizes the way organizations manage policies and procedures. PolicyTech centralizes and simplifies your policy management program while helping you meet legal and regulatory requirements. Contact us at +1 866 297 0224, or visit www.navexglobal.com/PolicyTech to learn more or schedule a demo with an expert.