Regulatory Compliance

Regulatory Risk and Compliance Services

We can design, assess and transform your processes, controls, and infrastructure to meet or mitigate the wide variety of regulatory and compliance risks your organization faces.

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State Preparedness Report

States and territories use the State Preparedness Report (SPR) to evaluate their current preparedness capabilities. During the preceding Threat and Hazard Identification and Risk Assessment (THIRA) process, states and territories set targets for themselves for each of the 32 capabilities in the National Preparedness Goal. Through the SPR, states and territories assess their preparedness by indicating on a 1-5 scale how close they are to achieving these capability targets. Federal agencies and state-level governments use SPR data to support preparedness efforts and to answer fundamental questions such as “How prepared are we?” and “Where should we focus preparedness efforts to become more resilient?”

The Innovati Group and its regulatory compliance specialists will work with you through the whole process from the reporting process through data application.

Reporting Process

An accurate and complete SPR requires the perspectives of a broad range of informed stakeholders and subject-matter experts from a variety of fields.

Data Application

The SPR is a critical source of data for states and territories, FEMA, and other Federal agencies. States and territories use SPR data to inform preparedness plans, track and report progress toward building capabilities, identify and address gaps and shortfalls, and communicate needs and priorities to Federal stakeholders, among other applications. For example:

• Developing multi-year homeland security strategies focused on addressing capability gaps and jurisdictional priorities.

• Guiding strategic resource investments, such as Federal grants, to support specific areas of need.

• Prioritizing training and exercise plans to test and enhance capabilities.

FEMA and other Federal agencies use SPR data to set strategic priorities, drive decision-making, guide the direction of programs and resources, and inform discussions with state and local partners.

For example:

• Supporting national reports and assessments, like the National Preparedness Report.

• Responding to quick-turn requests for state-specific or national analysis to help FEMA response planners during or after a real-world event, such as the Boston Marathon bombing, the Zika virus, or Hurricane Joaquin.

Tailoring programs and other resources, including training and exercises, to gaps and shortfalls identified by states and territories.

When it’s necessary to assess infrastructure damage, we work closely with facility owners, funding agencies, and insurance companies to establish scope of work and cost for repair and construction. We specialize in the ability to manage large-scale, complex, and time-sensitive field deployments for infrastructure assessments

The effort involves determining an expected return on investment, anticipating total costs and fully documenting the business case for investing in a new or upgraded system. It’s critical to document the business reasons for an investment in ERP, as well as the expected value to offset the cost. Identifying risk is part of the process, as is putting in plans to mitigate risk. Few organizations can effectively manage this effort alone.

Struggling through this complex process can be a challenge- even for the most experienced companies. Our regulatory compliance specialists lead manufacturers and distributors to work smarter by teaming with experienced professionals and linking our vast network of industry professionals rather than having you “go it alone.”

The Innovati Group delivers substantial experience helping mid-market manufacturers and distributors drive an effective justification process.

The five critical areas typically involve:

• Performing an assessment of the company’s internal business environment.

• Documenting the current state business challenges.

• Clarifying the desired state and “value” of improved processes from ERP.

• Considering total cost factors of an ERP upgrade/new selection.

• Taking a close look at ROI of the ERP investment.

Through our deep industry knowledge and leading methodologies, our regulatory compliance specialists use proprietary tools and accelerators, including data management capabilities and simulation and modeling techniques to allow for a more proactive approach to managing risk and achieving regulatory compliance.

We can assist you when:

• Your organization is being examined, or recently completed a regulatory examination, and the results demonstrate a weakness or significant issues with a particular regulation or set of regulations

• Regulators or Congress have decided to focus on specific regulatory topics that affect you.

• Your organization is seeking a deeper understanding of current, new, and/or amended regulations.

• If your organization is subject to new or changing regulations such as OSHA, California OSHA, FAA Requirements (FAR), FEMA, NIST 800 Series, DOD Recordkeeping Requirements, Dodd-Frank, Affordable Care Act, Investment Advisor Act, etc. the Innovati Group has the knowledge and resources to guide and direct you through the process.