ServiceNow's Regulatory Change Management is a comprehensive software solution designed to help organizations effectively manage regulatory changes, mitigate risks, and ensure compliance in real-time. This tool is part of ServiceNow's broader Governance, Risk, and Compliance (GRC) suite, offering businesses a streamlined approach to navigate the complex landscape of regulatory requirements.

Key Features

Real-time Risk Management Monitor and respond to regulatory changes as they occur

• Continuous tracking of regulatory updates
• Instant alerts for relevant changes

Compliance Automation Streamline compliance processes and reduce manual effort

• Automated workflow creation for regulatory tasks
• Integration with existing GRC systems

Centralized Regulatory Intelligence Consolidate regulatory information for improved decision-making

• Single repository for all regulatory data
• Easy access to relevant regulations and requirements

Benefits

Enhanced Regulatory Compliance Stay ahead of regulatory changes and maintain compliance

• Reduced risk of non-compliance penalties
• Improved regulatory reporting capabilities

Increased Operational Efficiency Optimize resources and streamline compliance processes

• Reduced time spent on manual compliance tasks
• Improved collaboration between compliance teams

Improved Risk Visibility Gain a comprehensive view of regulatory risks across the organization

• Real-time risk assessments and reporting
• Enhanced decision-making capabilities for risk mitigation