“Quis custodiet ipsos custodes? (Who watches the watchmen?)” – Decimus Junius Juvenalis (Juvenal), Roman satiric poet
We’ve spoken before about the importance of meeting high standards with your work.
We’ve also covered, in detail, how failure to comply with industry standards and bad processes cost Zenefits $7,000,000.
This all happened because they weren’t meeting the standards they should have been with their internal processes.
To help stop you from falling afoul of the same fate, we here at Process Street will be covering compliance audits in this post. These are the guidelines that you will need to follow to avoid penalties from external sources for not doing your work satisfactorily.
It doesn’t matter what business you’re in – compliance audits are there to make sure that your customers are getting a satisfactory (or, at least reasonable) service.
We’ll cover:
- What is a compliance audit?
- Why is audit compliance important?
- Compliance audit types
- How to prepare for a compliance audit
- Process Street: The natural compliance audit software
Let’s get right into it.