- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
When I joined Cleveland-based MobilityWorks as director of risk and compliance in March 2022, one of the first things I did was to ask what system our compliance professionals were using to maintain and renew the regulatory requirements to stay open for business.
I found our compliance people were doing their best but struggling to keep tabs on an expanding number of licenses and renew them in a timely way. With more than 90 locations, MobilityWorks offers the United States’ largest selection of wheelchair accessible vehicles and adaptive solutions.
My team told me the system they used was a manual one, including notebooks and reams of lists and due dates. I challenged my team to research different methods to help automate the department’s work and improve outcomes. After evaluating three to five software platforms, we chose a software as a service-based compliance system that tracks all our licenses and more.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
News and analysis for the well-informed compliance or audit exec.
Register for free
Access one free, non-premium article each month.
Complimentary CPE webcasts, resources, and e-Books.
Annual Membership best value
Subscribe now for $365
Our lowest price ($1 per day) for one year.
“Every compliance activity is a sales activity,” writes Al Raymond, privacy compliance officer at ZoomInfo, regarding his team’s approach to demonstrate to sales how a strong control environment can be a competitive advantage.
Six senior compliance practitioners share their biggest priority areas for making technological upgrades to their respective compliance programs during 2023.
With new technology tools come risks that can’t be denied, a think tank comprised of senior compliance professionals discussed at Compliance Week’s 2023 National Conference.
With senior-level decisions on technology only increasing in frequency as new tools rapidly evolve, a panel at Compliance Week’s 2024 National Conference agreed compliance must consider the opportunities available to influence those conversations.
If there was one takeaway Diana Kelley offered during her keynote address at Compliance Week’s 2024 National Conference, it was that artificial intelligence tools—especially generative AI—need compliance.
The Treasury Department announced its success using artificial intelligence to track down instances of check fraud—a potential preview of the results that might come if the agency applies AI in other enforcement-related circumstances.
