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Compass: The global compliance solution helping businesses achieve international standards with ease

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Compass: The global compliance solution helping businesses achieve international standards with ease

TechPression by TechPression
April 14, 2024
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Compass: The global compliance solution helping businesses achieve international standards with ease
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In an era of rapidly shifting regulations and growing cyber threats, businesses are under constant pressure to meet industry standards while balancing growth, sustainability, and customer satisfaction. Compliance, often viewed as a complex labyrinth of rules, audits, and processes, has long stressed organisations. Enter Compass, is a groundbreaking application poised to transform the compliance landscape.

 

The challenge of compliance in a changing world 

For businesses across industries, staying compliant with global standards such as ISO 27001, PCI DSS, and ISO 22301, or local frameworks like the Nigeria Data Protection Act (NDPA), has become a daunting task. The stakes are high: failure to comply can lead to hefty fines, reputational damage, and operational disruptions. Yet, compliance remains a reactive, box-ticking exercise for many organisations—a necessary evil rather than a strategic advantage.

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According to the founder, Michael Ojih the Chief Solution Officer of InfoAssure, businesses worldwide can purchase the application using their local currency, removing a common barrier to entry and that happens to be one the key feature, becoming a solution in the industry when foreign exchange is a big deal.

 

Just as the brain behind the product we have today, Michael Ojih will always say “Compass is here to change that narrative”. It was designed for organisations of all sizes, this powerful platform simplifies the compliance process, making it accessible, efficient, and, dare we say, even enjoyable.

 

A one-stop solution for all compliance needs

What sets Compass apart from other tools is its ability to handle compliance across multiple domains. From IT controls and risk management to financial governance and third-party risk assessments, Compass streamlines the entire process. The platform’s intuitive design enables businesses to manage their compliance journey seamlessly, aligning people, technology, and processes with global standards.

 

Key features include:

NDPA Compliance: Ensure adherence to Nigeria’s data protection laws.

Risk Assessment and Treatment Plans: Identify, evaluate, and mitigate risks effectively.

ISO 27001 and PCI DSS Compliance: Align with international standards for information security and payment data.

Business Impact Analysis (BIA): Understand and prepare for potential operational disruptions.

Risk Control Self-Assessment (RCSA): Empower teams to evaluate risks and implement controls independently.

With these tools at their fingertips, organisations can transition from compliance chaos to structured, disciplined operations.

 

A revolutionary approach to compliance 

Compass doesn’t just help businesses tick boxes for audits. It provides independent and objective assurance to stakeholders, instilling confidence in organisational processes. The app’s systematic approach empowers businesses to:

Assess processes: Gain a clear understanding of current operations.

Identify risks: Highlight vulnerabilities and areas for improvement.

Implement controls: Establish effective measures to mitigate risks and meet standards.

By turning compliance into a strategic asset, Compass helps businesses not only survive but thrive in today’s digital-first environment.

 

Accessibility and affordability for all

One of Compass’s standout features is its accessibility. Businesses worldwide can purchase the application using their local currency, removing a common barrier to entry. Its user-friendly interface eliminates the need for extensive expertise, making it a practical solution for small businesses and large corporations alike.

 

Security as a business strategy

Compass’s vision extends beyond compliance. The app aims to make cybersecurity compliance a core part of business strategy, transforming what has traditionally been seen as a hurdle into an opportunity for growth. By safeguarding valuable data assets and reducing operational risks, Compass positions organizations to succeed in an increasingly regulated and security-conscious world.

 

First-hand testimonials from industry leaders

Oloruntobi Olukoya, Head of Information Technology at Aku Payment Limited hails Compass for its exceptional customer   support.

 

“The striking feature of Compass is its exceptional customer support. They assign a dedicated team to collaborate with you, focusing on building a strong relationship, understanding your business, monitoring industry trends, and keeping track of regulatory changes in the regions where you operate. Compass truly functions as a valuable business partner.”

 

Christian Okafor, Company Secretary/ Head, Legal & Data Privacy Officer at Itex Integrated Services Limited, adds:

“Compass provides an all-in-one solution for our governance, risk, and compliance needs. The app is very user-friendly and provides clear, actionable insights into our compliance status. What stands out is the customisable reporting feature, which makes presenting our regulatory adherence to stakeholders much simpler.

An app that integrates ISO standards, NDPA, PCI DSS, and comprehensive reporting into a single platform. It helps streamline workflows, boosts data accuracy, and improves transparency for regulators. This compliance tool has made managing our regulatory requirements so much easier. The interface is intuitive, and we can track everything in one place. It’s saved us a lot of time and stress!

We used this tool to meet NDPA compliance requirements early in the first quarter of 2024; it is a very supportive solution to be considered.”

 

The right tool at the right time

In an age where data breaches, regulatory penalties, and reputational risks loom large, the importance of a reliable compliance tool cannot be overstated. Compass addresses this need by simplifying processes, reducing risks, and giving businesses the confidence to focus on what truly matters: innovation, growth, and customer satisfaction.

More than just an app, Compass is a trusted partner for businesses navigating the complexities of compliance. By taking the guesswork out of regulatory requirements, it allows organizations to redirect their energy toward building stronger, more resilient enterprises.

 

Take the first step today

Ready to transform your compliance journey? Visit www.decompass.com to explore how Compass can help your business thrive in a secure, compliant, and confident future. It’s time to move from chaos to clarity with Compass, the tool that’s revolutionising compliance management.

 

Tags: CompassGlobal compliance standard
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