{"id":8692,"date":"2023-03-22T08:46:32","date_gmt":"2023-03-22T08:46:32","guid":{"rendered":"https:\/\/groupe-novallia.com\/blog\/is-it-possible-to-find-a-free-regulatory-watch-tool\/"},"modified":"2023-03-22T08:46:32","modified_gmt":"2023-03-22T08:46:32","slug":"is-it-possible-to-find-a-free-regulatory-watch-tool","status":"publish","type":"post","link":"https:\/\/groupe-novallia.com\/en\/blog\/is-it-possible-to-find-a-free-regulatory-watch-tool\/","title":{"rendered":"Is it possible to find a free regulatory watch tool?"},"content":{"rendered":"<h2>Companies&#8217; need for regulatory intelligence<\/h2>\n<p>Among the many tasks of the &#8220;HSE Manager&#8221; function, there are those concerning regulatory monitoring and ensuring the company&#8217;s compliance with the various regulatory requirements.<\/p>\n<p>On the subject of regulations, the main needs of HSE managers are as follows:<\/p>\n<ul>\n<li>know the regulations, follow their evolution and anticipate future changes<\/li>\n<li>distinguish which regulations apply to your company and its activities<\/li>\n<li>understand in detail the requirements of these texts and their implications for the company&#8217;s activities<\/li>\n<li>implement corrective measures and monitor their progress and site compliance.<\/li>\n<\/ul>\n<h2>The essential features of a good regulatory watch and compliance tool<\/h2>\n<ul>\n<li><strong>Centralize regulations<\/strong>: keep all applicable regulations in one place, with clear classification and searches by keyword or date.<\/li>\n<li><strong>Automatic updates<\/strong> of relevant regulatory changes applicable to the company.<\/li>\n<li><strong>Online help<\/strong>: internal chat, email, telephone<\/li>\n<li><strong>Action plan automation<\/strong><\/li>\n<li><strong>Real-time monitoring of compliance actions<\/strong><\/li>\n<li><strong>Indicators and consolidation<\/strong> by site or group of sites (country)<\/li>\n<li><strong>Customization<\/strong> (alerts, view levels, etc.)<\/li>\n<\/ul>\n<h2>Choose a free regulatory monitoring and compliance tool<\/h2>\n<p>To be honest, we haven&#8217;t found a regulatory monitoring and compliance tool or software package that&#8217;s completely free.<\/p>\n<p>Free or inexpensive tools offer functionalities, of course, but certainly more in terms of regulatory monitoring than compliance. In particular, they help <strong>raise awareness<\/strong> of regulations and monitor the general, but non-targeted, flow of regulations.<\/p>\n<p>[At Novallia, we offer a basic range of generalist regulatory watch bulletins, keeping you up to date with environmental, energy and occupational health &amp; safety regulations on a monthly basis for French and European rights, and quarterly for other countries].<\/p>\n<p>Of course, free tools also have many limitations.<br \/>\nIncluding :<\/p>\n<ul>\n<li><strong>updates<\/strong> that <strong>are too far apart<\/strong>&#8211; sometimes 6 months, as opposed to a maximum of 2 weeks for NV Compliance &#8211; which means the company is unable to anticipate changes.<\/li>\n<li><strong>no filtering of texts applicable to the company<\/strong>. And finding the applicable texts in all the texts is a major task.<\/li>\n<li><strong>no follow-up and online help<\/strong> included in the price<\/li>\n<li>inability to export and import <strong>Excel files<\/strong><\/li>\n<li>a lack of overview and <strong>consolidation<\/strong><\/li>\n<li>no <strong>customization<\/strong> or parameterization possible<\/li>\n<\/ul>\n<p>It&#8217;s tempting to turn to a free or low-cost monitoring and compliance tool. This may be a solution for small businesses with a very limited risk profile, but it&#8217;s clear that these tools will be limited in terms of functionality and support.<\/p>\n<p>We&#8217;ve been developing our own applications for 12 years, combining the expertise of engineers &amp; legal experts in the field and regulations with a high-performance SaaS application featuring many indispensable functions. This combination of expertise and development has a cost, but it also saves HSE managers an enormous amount of time and efficiency, and therefore money for companies!<\/p>\n<p>It should be noted that the cost of digitizing this process pays for itself in just a few months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies&#8217; need for regulatory intelligence Among the many tasks of the &#8220;HSE Manager&#8221; function, there are those concerning regulatory monitoring and ensuring the company&#8217;s compliance with the various regulatory requirements. On the subject of regulations, the main needs of HSE managers are as follows: know the regulations, follow their evolution and anticipate future changes distinguish [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":7822,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[138,121],"tags":[181],"class_list":["post-8692","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monitoring-and-regulatory-compliance","category-news","tag-all-countries"],"acf":[],"_links":{"self":[{"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/posts\/8692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/comments?post=8692"}],"version-history":[{"count":0,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/posts\/8692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/media\/7822"}],"wp:attachment":[{"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/media?parent=8692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/categories?post=8692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/groupe-novallia.com\/en\/wp-json\/wp\/v2\/tags?post=8692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}