Lexplosion follows a 2 step systematic methodology for deployment of Komrisk:
Step I: Regulatory Environment Analysis
Step II: Implementation of Komrisk
Lexplosion offers following two options for deployment of Komrisk for Customers:
Cloud deployment of Komrisk
Lexplosion creates and configures a separate workspace in Komrisk for use by client’s users and where customized compliance content mapped to the applicable regulations will be available for reference and task mapping.
Komrisk is configured to send automated alerts to remind compliance owners of impending task deadlines and escalate to senior management when timelines have been breached. The software also provides the facility to create, version, approve, and archive all compliance documents. Real-time and personalized dashboards relating to user roles and responsibilities provide visibility into the compliance status by various custom filters. Drill down capabilities can be used to review compliance definition, track task ownership, activity history and other finer levels of detail. Being a web-based system, Komrisk can be accessed from the individual location using a standard internet browser.
Lexplosion ensures that the applicable laws are tracked on an ongoing basis and the company specific compliance database is updated to reflect the changed requirements of law.