Measurement of the Effectiveness and Efficiency of Compliance Management Systems

Nutzung von Datenanalysen für das Monitoring und Reporting

JournalIndustrie 4.0 Management
Issue Volume 32, 2016, Edition 5, Pages 62-66
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Abstract

Big Data Analytics and defined Key Performance Indicators (KPI) support the compliance organization´s scope of duty to continuously monitor and improve the compliance management system in a proper way. In order to perform their supervisory role, the management board needs a compliance monitoring and reporting on a regular basis. The article discusses the role of Big Data Analytics and the design of Key Performance Indicators (KPI) to establish an adequate monitoring and reporting system.

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