18275631. METHODS AND SYSTEMS FOR ANALYZING ORGANIZATIONAL COMPLIANCE simplified abstract (KONINKLIJKE PHILIPS N.V.)

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METHODS AND SYSTEMS FOR ANALYZING ORGANIZATIONAL COMPLIANCE

Organization Name

KONINKLIJKE PHILIPS N.V.

Inventor(s)

Umut Yesilmen of Boeblingen (DE)

METHODS AND SYSTEMS FOR ANALYZING ORGANIZATIONAL COMPLIANCE - A simplified explanation of the abstract

This abstract first appeared for US patent application 18275631 titled 'METHODS AND SYSTEMS FOR ANALYZING ORGANIZATIONAL COMPLIANCE

Simplified Explanation

The abstract describes a method for managing an organization's compliance by receiving information about the organization's assets, compliance requirements, generating rules and workflows, parsing assets, analyzing business facets, identifying lack of compliance issues, prioritizing issues, and reporting them to a user.

  • Receiving information about the organization's assets and compliance requirements
  • Generating rules and workflows from compliance requirements
  • Parsing assets into parsed assets
  • Analyzing business facets
  • Identifying lack of compliance issues based on analysis
  • Prioritizing multiple lack of compliance issues
  • Reporting lack of compliance issues to a user via a user interface

Potential Applications

The technology described in the patent application could be applied in various industries such as finance, healthcare, and manufacturing to ensure regulatory compliance and risk management.

Problems Solved

This technology helps organizations identify and address compliance issues efficiently, reducing the risk of penalties, fines, and reputational damage.

Benefits

The benefits of this technology include improved compliance management, enhanced risk mitigation, and increased operational efficiency.

Potential Commercial Applications

The technology could be commercially applied in compliance software solutions for businesses of all sizes to streamline compliance processes and ensure adherence to regulations.

Possible Prior Art

One possible prior art for this technology could be existing compliance management software that automates compliance monitoring and reporting processes.

Unanswered Questions

How does this technology handle real-time compliance monitoring?

The article does not specify how the technology manages real-time compliance monitoring to address issues as they arise.

Can this technology integrate with existing compliance management systems?

The article does not mention whether the technology can seamlessly integrate with pre-existing compliance management systems to enhance their capabilities.


Original Abstract Submitted

A method () for managing an organization's compliance, comprising: (i) receiving () information about the organization's assets; (ii) receiving () a compliance requirement for a business facet of the organization; (iii) generating (), from the compliance requirement, one or more of a rule and a workflow; (iv) parsing () each of the assets into a parsed asset; (v) analyzing () the business facet; (vi) identifying () one or more lack of compliance issues based on the analysis, wherein a lack of compliance issue comprises a determination that the business asset fails to utilize the asset according to the rule and/or workflow; (vii) prioritizing (), when multiple lack of compliance issues are identified, the multiple lack of compliance issues into a prioritized list based on one or more prioritization rules; and (viii) reporting () the one or more lack of compliance issues for the business facet to a user via a user interface.