FocusAgent Financial
 

DataColor©

Data has no compliance impact by itself.  Data is compliance agnostic.

Compliance is the battle ground.  The solution is DataColor© because it delivers proof of compliance.

DataColor© is the combination the following elements:

·         The value – actual words, numbers, dates etc.

·         The context – income from employment is handled differently than income from assistance programs

·         The relationship – an individual may be a spouse or guarantor

·         The timing – When did it happen? When should it happen? When does it expire?

·         The change – What are the differences that matter

·         The authorization – Who can edit, complete, accept and sign

·         The agreement – acknowledgement that it is correct

·         The acceptance – acknowledgement of obligation

·         The connection – maintenance and management of all elements

DataColor© is required to comply or you will be subject to the good graces of the legal and regulatory communities. 

Disparate collection and retention of DataColor© elements exacerbate the compliance problem by retaining conflicting information without resolution!

B to C, C to B, and B to B systems must capture and manage DataColor© or the organization will be unable to prove compliance

The very nature of DataColor© requires:

·         Form and data audit trails

·         Organic rules engine

o   Combinatorics management

o   Just in time workflow

o   Just in time rules

o   Expert, employee, non-employee participation

o   Each product delivered has its just in time engine

o   Simplicity of use

·         Single data store

·         Access by all directly and indirectly involved

FocusAgent© delivers DataColor©!

That is why FocusAgent can help!

With FocusAgent compliance becomes your ally.