Compliance as a bureaucracy killer?

The word bureaucracy always makes me think of ‘Asterix in Rome’. In this episode, Asterix and Obelix literally run each other ragged in an administrative building in Rome, being sent from A to B via K to Z, only to end up in the same room with the same clerk as at the beginning. As funny as it is to watch this in the comic, bureaucracy can be frustrating in real life. So it’s no wonder that the implementation of compliance requirements is often met with little favour. In the following, we will show you that this doesn’t have to be the case and that compliance can even act as a bureaucracy killer.

After all, it depends on how compliance is utilised in the company. If it is implemented consciously, compliance can reduce bureaucracy and thus become a bureaucracy killer. Ultimately, it is not about more regulation, but about addressing the main, i.e. actual, risks and fulfilling all internal and external requirements with a sense of proportion. The focus is on enabling people in companies to do their work in the most responsible way possible. Less is often more, but compliance must be used in a targeted manner.

What does compliance do?

A targeted compliance strategy offers a number of advantages. For example, a strong compliance culture can:

• Replace small-scale regulations
• bundle important governance requirements
• Increase employee motivation, as they see that they are working for a responsible company
• Increase transparency, as it makes visible where processes need to be improved

But how does the Compliance Office become a bureaucracy killer?

Let’s take a closer look at this and take a look at specific examples of how to implement a sensible compliance strategy. So that your compliance office can also become a bureaucracy killer.

Implementation examples for the value contribution of compliance:

• Harmonisation of existing regulations: The rules and regulations from different areas such as purchasing, legal and finance are brought together in a standardised and coordinated process. This ensures greater efficiency, transparency and consistency in internal collaboration and avoids overlaps or contradictory regulations.
• Elimination of less relevant value limits: The compliance team reviews and eliminates superfluous or outdated value limits in order to significantly speed up decision-making processes and reduce the administrative burden. As a result, the focus is increasingly on issues that are truly relevant to decision-making. This is a prime example of how compliance can act as a bureaucracy killer.
• Elimination of less relevant value limits: The compliance team reviews and eliminates superfluous or outdated value limits in order to significantly speed up decision-making processes and reduce the administrative burden. As a result, the focus is increasingly on issues that are truly relevant to decision-making. This is a prime example of how compliance can act as a bureaucracy killer.
• Optimising the auditing of external business partners: A centralised auditing process bundles the various requirements for external business partners. Compliance tools digitalise and automate this process, making the audit more efficient, faster and less error-prone.
• Simplification of policy management: The team streamlines existing policies and removes unnecessary or redundant documents. It communicates the remaining policies more clearly and makes them more user-friendly in order to promote compliance and acceptance within the organisation.
• More efficient coordination processes: Clear assignments of responsibilities and decision-making powers significantly reduce the number of coordination meetings required. Those responsible structure the remaining meetings better, reduce the time required and utilise resources more efficiently.
• Centralisation of governance enquiries: The establishment of a single point of contact for questions on governance issues creates greater user-friendliness. Employees know exactly who they can contact, enabling the team to process enquiries more quickly and increase the quality of responses.

Wie Sie sehen, ist die Compliance Arbeit vielfältig und berührt dabei eine ganze Reihe von Unternehmensprozessen und Abteilungen. Diese Tatsache kann sich natürlich auch ungünstig auf das Unternehmen und seine Abläufe auswirken, als das Compliance ohne Strategie angewandt, Prozesse verlangsamen und verkomplizieren kann. Dass dies nicht so sein muss, sehen Sie an den sieben Beispielen. Sie sind wahre Compliance Bürokratiekiller, die zeigen, dass Compliance richtig eingesetzt das operative Geschäft und das Unternehmen insgesamt unterstützen kann. Unsere Experten haben sie in ihrer jahrelangen Erfahrung in der Umsetzung von Compliance vielfach erfolgreich ein- und umgesetzt.

Daher stehen wir von der BAMAC Group als erfahrener Partner bereit, um Unternehmen auf diesem Weg zu begleiten – mit maßgeschneiderten Lösungen, die nicht nur rechtliche Sicherheit bieten, sondern auch einen nachhaltigen Mehrwert schaffen. Der Erfolg unserer Kunden spornt uns an, weiterhin innovative und flexible Ansätze in der IT- und Compliance-Beratung zu entwickeln. Schreiben Sie uns, wir freuen uns auf Ihre Anforderungen und eine erfolgreiche Zusammenarbeit!