NAVEX One
NAVEX One is a Governance, Risk, and Compliance (GRC) platform developed by NAVEX Global. It integrates various risk and compliance functions into a unified system, enabling organizations to manage risks, policies, training, disclosures, and third-party risks effectively.
Features
- NAVEX One offers a comprehensive suite of features, including:
- Unified Platform: Consolidates risk management, policy administration, training, disclosures, and third-party risk into a single platform, reducing silos and enhancing cross-program insights.
- AI-Powered Risk Assessment: Utilizes artificial intelligence to assess and prioritize risks across human, operational, third-party, and regulatory domains, streamlining compliance processes.
- Policy & Procedure Management: Provides tools for drafting, reviewing, approving, distributing, and tracking policies and attestations, with AI-driven summaries and professionally authored templates to facilitate policy creation.
- Incident Management: Offers multi-channel intake and standardized AI workflows to manage whistleblowing and incident reports efficiently, improving accountability and decision-making.
- Third-Party Risk Management: Enables assessment, screening, and monitoring of third-party partners as part of an ongoing risk management strategy.
- Regulatory Change Management: Supports real-time updates and planned change workflows to help organizations stay ahead of regulatory changes.
- Analytics & Benchmarking: Provides analytics and benchmarking tools to measure performance over time in the context of industry peers, aiding data-driven decision-making.
- Global Compliance Support: Features out-of-the-box controls, privacy and role-based access, and global hosting supported by localization and AI translations to meet regulations across regions without heavy administration.
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