Regulatory compliance is the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations. Due to the increasing number of regulations and need for operational transparency, organizations are increasingly adopting the use of consolidated and harmonized sets of compliance controls or regulatory information management. This interesting topic came to us from EPM magazine in their article, “Where is regulatory information management headed next?”
This type of approach is used to ensure that all necessary governance requirements can be met without the unnecessary duplication of effort and activity from resources.
In the life sciences industry there is a call to transform regulatory information management. International authorities set new and often arduous reporting requirements while the companies themselves are grappling with the strategically important roles that come with running a business.
This means that life sciences firms are looking for more from the software that helps them log and keep track of everything. A key part of this means making product and regulatory information more shareable between and beyond specific functions in the business.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.