Optimize your legal risk and compliance management toolkit
Break free from reactive legal risk and compliance and enable a holistic, real-time approach with NAVEX One.
Streamline workflows
Prioritize resources and streamline risk and compliance workflows
Prevent liabilities
Prevent potential lawsuits or legal actions
Protect from risk
Gain clear oversight and manage in real-time operational and third-party risk
The daily legal risk and compliance grind
We know the pressure is on. Your daily work enables the rest of your organization to operate ethically and with integrity – and every detail matters.
In your day-to-day, you might be asking yourself:
- Does my team spend too much time trying to research and keep up with shifting regulations?
- Am I always reacting to problems instead of strategically managing legal risk?
- Could outdated contracts and policies be exposing us to unexpected liabilities?
- Do I lack visibility into the risks lurking across our operations – especially in our supplier network?
- How can I help support a culture where everyone understands and prioritizes compliance the right way?
- Can I effectively work with other departments, such as CCO and HR, to understand workplace culture to help prevent potential legal risks?
- What’s the best way to work with our CCO and HR to better understand our culture and avoid potential lawsuits?
The realities of legal risk and compliance management
Mounting regulations, costly fines, reputational damage – these risks impact your entire organization, but they often fall to legal counsel to navigate.
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234
daily regulatory events in 2022, on average
Stemming from over 1,300 regulators across 190 countries
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44%
of companies report a regulatory action or investigation in the past two years
The average cost of a regulatory investigation was $12.9 million in 2021
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61,977
charges of workplace discrimination in 2022
According to reports received by the US Equal Employment Opportunity Commission
The top legal risk and compliance challenges
The work of legal counsel in compliance matters is never done. You’re always in the thick of it, juggling compliance updates, risk management and ensuring everything’s up to legal and ethical standards.
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Making sense of regulations and requirements
Staying compliant means staying agile, but when regulations shift overnight, it can feel like you’re always a step behind with all the new tasks.
- Evolving regulations – Constant regulatory changes create a moving target for compliance programs
- Data protection – New data protection laws demand ongoing adjustments to privacy control practices and statements
- Sanctions awareness – You’re expected to be constantly screening for and aware of sanctions affecting how your organization can conduct business
- International law – Navigating global compliance, including sanctions compliance, adds layers of complexity and takes up more time and resources
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You need an always-on risk radar
Outdated contracts, disruptive changes and hidden third-party dangers threaten your organization. Without the data to look ahead, you’re stuck putting out fires.
- Outdated policies – Old policy templates leave you exposed to liabilities and reputation-damaging errors
- Disrupted workflows – Changing regulations often force a scramble, leaving operations and workflows in chaos
- Hidden dangers – Poor visibility into third-party risks creates vulnerabilities outside your control
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Compliance is a team sport, with legal counsel the referee
It’s not enough for legal teams to know the rules – you also have to champion the legal ramifications to compliance across your entire organization.
- Practical obstacles – Difficulty mapping complex compliance frameworks to real-world business operations
- Disconnected comms – Separate systems and silos lead to business decisions being made without considering the legal implications
- Knowledge gaps – Holes in learning resources, policies and training increase your risk exposure
Discover our top guidance on legal risk and compliance management
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Risk Management Essentials
This eBook is your go-to resource for managing risks of all kinds, including regulatory compliance risk, third-party due diligence and risk mitigation, and internal risks.Learn more
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Top 10 Risk & Compliance Trends for 2024
This eBook is your guide to effectively navigating an increasingly complex regulatory landscape in 2024.Learn more
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Definitive Guide to Compliance Program Assessment
Perform an effective compliance program assessment using industry evidence and insights to evaluate your ethics and compliance efforts.Learn more
Take the pressure off legal and risk teams
Empower your team to tackle legal risk and compliance challenges proactively and confidently.
With NAVEX One, you can:
- Turn regulatory updates from a burden into a strategy
- Make data protection a cornerstone of your operations
- Navigate international compliance with confidence
- Fully leverage third-party relationships while also managing their risk
Solve your top legal risk and compliance challenges
Ease the burden on your team and streamline the legal workflows essential to your organization’s success.
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Stay ahead of shifting regulatory demands
Tired of regulatory changes throwing a wrench in your plans for progress? Proactively navigate compliance complexities with NAVEX One.
- Regulation clarity – Easily map evolving regulations to internal controls and policies for alignment now and in future
- Proactive updates – Receive automated alerts on critical whistleblowing compliance changes, giving you time to adapt smoothly and in advance
- International insights – Identify, address, report and resolve legal and reputational risks while always aligning with other departments
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Proactively protect your reputation
Stop scrambling to put out fires. Take risks into account with the insights you need to provide accurate, ahead-of-time legal counsel on compliance.
- Streamlined vendor onboarding – Spend less time vetting suppliers and third parties so you can get to work quickly
- Operational foresight – Analyze whistleblowing data to predict changes, manage disruptions and minimize chaos
- Network visibility – Get a clearer understanding of third-party risks with enhanced due diligence and risk management tools
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Create a strong foundation for ethical operations
Make compliance a shared responsibility and empower every department to contribute to ethical business.
- Practical guidance – Break down complex regulations into actionable guidelines and policies that every department can understand and attest to
- Collaborative workflows – Facilitate cross-departmental communication to ensure legal considerations are factored into all decisions
- Continuous learning – Provide engaging, tailored training that reinforces compliance standards and prevents knowledge gaps
How we help you succeed
Streamline legal compliance and risk management with NAVEX One – helping you avoid hours spent deciphering the effects of new regulation to focus on strategizing instead.
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Ethics & Compliance Training
Educate and engage your people with online training that speaks in their language, to their experiences.
Learn more
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Policy & Procedure Management
Centrally manage your entire policy and procedure lifecycle.
Learn more
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EthicsPoint Essentials
Start up or scale a speak-up program in days, not months, with NAVEX One EthicsPoint Essentials.
Learn more
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EthicsPoint Professional
Prove you value what your people have to say with NAVEX One EthicsPoint whistleblowing and incident management software.
Learn more
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Global Whistleblowing Compliance
Flag new whistleblowing regulations and pinpoint what you need to do to keep your whistleblowing program compliant.
Learn more
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Third Party Screening & Monitoring
Easily identify third parties that share your vision and safeguard your most valuable partnerships with NAVEX One.
Learn more
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Simplified Vendor Risk Management
Quick to launch, quick to deliver – NAVEX IRM out-of-the-box is your express route to mastering vendor risk management.
Learn more
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Simplified Business Risk Management
Quick to launch, quick to deliver – NAVEX IRM out-of-the-box is your express route to mastering business risk management.
Learn more
Take control of your legal risk and compliance processes
Tired of reactive firefighting and never-ending regulatory research? Safeguard your reputation, proactively manage risk and reclaim valuable time with NAVEX One.