Integration And Grc Management Reduces Costs For Public Agencies

Federal, state and local governments, municipalities and schools represent a few of the public institutions who receive the largest proportion of regulatory requirements. These requirements range from safety and health laws to regulatory and financial, which seem to collect on agency shelves. Government entities often retain subject matter experts in these dynamic fields just to catalog and inform the agency of changes in requirements that often represent new risks. Clearly, a water agency who remains uniformed about changes to the Safe Drinking Act may incur serious fines from regulators when their compliance limits are exceeded. There is a solution to managing these risks and maintaining compliance: Government Risk and Compliance (GRC) management. At the core of risk management is the principle of identification or risk identification. Since so many regulations exist in the form of statutes, laws and notices, government institutions need to be diligent about identifying these potential risks and collecting these risks in a centralized location. GRC software offers public entities the ability to collect risk information in a database application that will efficiently manage risk and compliance issues. Then, subject matter experts can query potential risks, report exposures about current risks and enter new risks as they are identified. Management also gains the ability to report on the total liability to the agency and formulate strategies to mitigate these risks. Another strategic advantage of implementing a GRC management system is the removal of information silos. Agencies can increase the effectiveness of the GRC system by identifying all of the data sources such as documents, rulings and other sources that contain GRC requirements. Then, during the system...

Time Management Expert – 3 Projects to Get You Started

Bill, what are the steps I need to follow in order to improve my ability to better manage my time? Try these 3 ideas.  They all begin with the letter “D” This should help you remember them throughout the day: 1- Declutter your work area. 2- Destroy the interruptions. 3- Devise a system to keep you on track. Declutter If you’re like me, trying to work in a cluttered area is like trying to drive a car while text messaging a friend. It can be done, but it is neither simple nor recommended.  Chances are, the surroundings will be so distracting that your ability to focus will be nonexistent. As your mind wanders, so too the speed and accuracy of your thoughts diminish. It may take a few hours to organize your space so it is clutter-free.  It may take a few days, but the time will be well spent. Imagine how much easier it will be to concentrate at the task at hand, without the unnecessary junk that is clouding your ability to think. Destroy Interruptions can come from many sources throughout the day.  First, realize that interruptions are part of life. They are going to occur.  My best advise is to anticipate the things or the people that will be competing for your time and then set a plan in place to destroy the occasions, before they occur.  Schedule communications with your associates on your time not theirs, set your phone to silent mode when necessary, and shut your door when you don’t want to be disturbed.  There will be plenty of time to catch up and...

Speed Up Your Business With Business Management Software

Speeding up business processes is one major way that business management software helps businesses. For example word processing has transformed the speed of creating, editing, storing and retrieving business documents. Web applications such as e-mail and instant messaging transformed the communication. Web sites and e-commerce enabled even business management software with limited resources to trade globally. Internet telephony reduced the costs of long-distance calling to almost local calling levels. A medium size business is likely to benefit from specialized business management software as their size dictates that computing software would help to keep tabs on the various workloads, the client base and the processes involved in any service. Now all of this is can be done via the internet and because all of your business management software needs are connected to one centrally located on server so it is easy to access and maintain the much valued information. In order to streamline a business and its processes and procedures it is wise to look into small business management software. Streamlining small business means that all employees will be using the same efficient means of completing work related tasks and so on. Integrating small business management software into a business is also very straightforward which means that managers will not have to face losing too many working hours as their staff learn to use it. In fact as soon as you have been set up with a password and ID it is possible to be up and running with small business management software in a matter of minutes. When a business becomes too large to keep an eye on all...

Benefits Of Practice Management Software

Just like with any other businesses, we all know that running a medical practice is a complex process too. It requires the time, effort and patience for it to succeed. Added to the complexity of this practice is the fact that it involves interacting with a huge number of customers and keeping track of their information and maintaining them. Fortunately, practice management software had been developed, and keeps on developing, to help businesses move about their business easier. Maintaining the information on every patient is a daunting task. Especially if you keep track of them in a paper-based manner, the task at hand is not just hard, it is also time-consuming. But with medical practice management software, the job becomes easy; this is because the records become easily-accessible allowing the user to update it while keeping it secure. Thru the use of internet, the records can also be accessed securely even if you’re in different locations. This system has different kinds that you can choose from. There’s desk-top only software, client server software and internet based software, you can select that will work best for you. With its error-free data management, you are sure to have your patients coming back and referring you to people they know because of the services you provide. Practice management software is also systematic you can do your work easily and do it in minutes instead of hours if you’re not using one and is just relying on your employees. It also helps you in organizing your patient’s database that will help you in keeping track of the treatments that the patient has undergone,...

Profitable Medical Practice Management Strategies

Now that health insurance reform has passed, good medical practice management is more important than ever. With a projected increased workload for the same or perhaps even less pay, how well you manage things may well be the key to keeping your practice afloat financially. It’s a true shame that primary care physicians have to spend so much time and energy on management just to get paid. I’m not a physician, but before becoming a wealth management consultant, I was a medical sales rep. I have nothing but respect for doctors, especially for the primary care doctors who are on health care’s front lines. The sad thing is that the profession as a whole isn’t getting the respector the reimbursementsit deserves, and in my opinion the recently-passed reform legislation isn’t going to help. With that in mind, I’ve been doing some research into practice management and have found some good tips from Physicians Practice and ModernMedicine, two online magazines for physicians. As a physician, you can qualify for $ 44,000 over 5 years under Medicare or $ 63,750 over 6 years through Medicaid for making your practice a meaningful user of electronic health care records (EHRs). But you have to be careful because of the hefty, HIPAA-mandated fines for not keeping private information secure. Be sure to do a lot of research before choosing an electronic medical record system to adopt for your practice. Do what you can to keep staff turnover low. Use management strategies like small rewards, making sure your staff are all well trained, and doing your best to have the right person in the right...