The 6 Things You Need To Build A Successful Compliance Practice

 
Centralizing Information

The very first step to getting a jump on internal compliance is to collect all the company's information and centralize it, Ledford said. That's exactly what he did at Global Convergence when he started seven months ago, he said. The reasoning behind centralizing information for compliance, he said, is that otherwise it is easy for things to slip through the cracks, especially as information travels between different parts of the company. Once that step is in place, he said, it is much easier to perform audits and make strategic business decisions.