National law firm Weightmans has teamed up with leading enterprise risk management platform, AuditComply, to enhance its regulatory and audit compliance procedures and services in a more automated, connected and streamlined process.
Since its launch in 2014, AuditComply has revolutionised traditional critical risk, audit and compliance programmes. Through their most recent Enterprise Partnership with Weightmans, the platform is able to provide an innovative, fresh take on risk and compliance assessments, allowing Weightmans to bring together its regulatory governance systems, documentation and supplier management processes within one software platform with enhanced organisational visibility and transparency.
As Enterprise Partners, AuditComply and Weightmans will collaborate to help clients innovate and refine their risk management and risk prevention processes, across a wide spectrum of use cases.
Weightmans is a full-service firm offering advice and support to key industry sectors, focusing on helping clients to improve supply chain management at all stages. By harnessing technological advances, the firm is able to identify areas at risk, allowing better and more informed decision making.
The reinvention of the traditional risk management process by AuditComply has transformed and improved the ability for organisations to manage and report on critical risk. Using smart asset management capabilities and issue management workflows, organisations are able to map their entire risk and prevention program on the platform. Aggregating key risk data across their business assets to encourage better and more precise information management and reporting.
With a wealth of legal and commercial knowledge and ambitious approach to innovation, Weightmans has utilised the platform in order to create some more unusual reporting functions, such as decision making in manual handling incidents.
Stuart Whittle, Director of Business Services and Innovation at Weightmans, commented:
“As a large organisation with access to sensitive data and responsibility for hundreds of people, it is crucial that we have systems in place which protect our brand, our employees and our clients from risk. This partnership with AuditComply reinforces our commitment to becoming a truly tech-enabled law firm – it will not only ensure that we are well equipped to deal with our own exposure to risk quickly and effectively, but that we can take a streamlined approach to assist our customers with their own responsibilities and obligations.”
Susan Fitzsimmons, Chief Business Development Officer at AuditComply, added:
“ Cyberattacks, increased compliance requirements and heightened regulatory scrutiny are introducing unanticipated risks for law firms. Our partnership with Weightmans demonstrates their proactive approach to identifying modern day risks and actively implementing controls to limit their risk exposure. Combining the power of AuditComply’s integrated risk management platform with Weightmans’ expert knowledge, will transform how the team at Weightmans and their clients manage, analyse and report on risk. Together, AuditComply and Weightmans will empower users to streamline and automate their risk management initiatives to drive better business outcomes.”
Managing risk plays a part in almost every organisation, from providing a safe working environment for employees, to investing in the latest software that will protect valuable data. Unfortunately, things do occasionally go wrong and the human, commercial and reputational repercussions can be devastating. Weightmans risk management services offer an end to end risk management package which helps identify potential risk to your organisation, providing swift, effective management should a crisis occur, and a post-crisis review to highlight lessons learned.
Weightmans is a top 45 UK law firm, with over 1,200 people working from their offices in Birmingham, Glasgow, Leeds, Leicester, Liverpool, London, Manchester and Newcastle. Weightmans proud to be a leading national player in insurance, with a formidable reputation and heritage. Weightmans are highly respected in the public sector, acting for many local, police and fire authorities, and NHS trusts. They’re also recognised as a strong provider of a diverse range of commercial services for public sector bodies, large institutions, owner-managed businesses and PLCs.
AuditComply is an Enterprise Risk Management platform, headquartered in Belfast, Northern Ireland. A risk assessment solution revolutionising the way enterprises assess, action and report on critical risk. The company operates across a number of highly regulated industries such as Automotive, Aviation Food & Beverage, Oil & Gas, and Manufacturing, with key fortune 500 clients situated throughout the UK, EU, US, Middle East & Asia Pacific regions. Their diverse and varied customer base includes Sysco, Autoliv, BMW, Cooke Aquaculture, Bushmills and McCloskey International.