Documentation of policies and procedures is viewed by auditors and regulators as a critical control; and, is a manager’s first line of defense in managing staff compliance. Comprehensive policies and procedures documentation is also a key component of Business Continuity Plans. Documentation is a high value control for regulatory compliance. Procedures documentation is frequently not utilized because it requires a relatively large commitment of resources to develop and maintain.

While most firms agree on the value of policies and procedures documentation, they struggle with developing consistent documentation and keeping procedures manuals updated. Frequently, procedures manuals are developed in response to an immediate need such as compliance related manuals in anticipation of a regulatory examination. As a result, many firms end up with an assortment of procedures manuals in various formats, many of which cover the same material.

BTI’s consultants drastically minimize the resources required to develop documentation while maximizing the speed of development. Our consultants use PRIME Documentation(SM), a proven, structured, proprietary methodology, to achieve these powerful benefits.

PRIME Documentation(SM) demonstrates to auditors and regulators that management is committed to controlling risks and providing staff with a compliance resource. It is designed to meet your immediate needs for documentation while providing sustainable longer-term benefits. An investment in PRIME Documentation(SM) will yield superior returns.

Let BTI’s consultants help you facilitate staff compliance and reduce operational risk by developing policies and procedures documentation. To learn more contact BTI_Info@btiworld.com or call 1-800-265-8254.