
Provana’s Integrated Policy Audit and Compliance Solution (IPACS) offers advanced tools for regulatory compliance, real-time monitoring, and automated reporting to help organizations manage and mitigate compliance risks effectively.
Vendor
Provana
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Integrated Policy Audit and Compliance Solution
IPACS® (Integrated Policy Audit and Compliance Solution) is a powerful SaaS compliance management product built for your budget. Free to implement, managed by Provana and customized to your needs, the IPACS compliance management system automates and centralizes key compliance tasks to help ensure your business adheres to industry regulations and state and client requirements.
Why Is Compliance Important for Your Business? Compliance is crucial to any business. Failure to follow industry regulations puts your business at risk for steep fines, as well as the loss of licenses, business and reputation. However, not all businesses have the resources to keep up with ever-changing regulations, let alone manage, communicate and enforce all aspects of compliance across their entire organization, which is where a compliance management system becomes important.
- Tailor-made for credit and collection industry based on the CFPB audit framework with extensive workflows that have been refined for over more than a decade.
- Automates and centralizes key compliance tasks to help ensure your business adheres to industry regulations and state or client requirements
- An integrated platform that combines AI, ML, and OCR technologies for a seamless customer experience
- An added layer of human support (where automation is not possible)
Features
- **Save Hiring Costs: **Take on additional work without hiring
- **Focus on Core Areas: **Focus on business strategy, client management and process improvement
- **Faster Payment: **Enjoy reduced costs, minimized backlogs and faster time to payment
- **Flexible Staffing: **Scale staff to meet fluctuating production needs
- **Transition Management: **Hand off the hiring, training, onboarding and managing of staff
- **Quick Execution: **Execute big projects quickly