Compliance data standardization and audit output
AssigneeHatch Compliance Inc.
InventorsMichael Lifshotz, Renee Douthat, Christopher Rivera
Life of this patent
Estimating the term…
Abstract
Described herein is a compliance dataflow management system. The system may include a plurality of different databases. The system may be configured to provide for workflow that are in conformance of regulations and/or requirements for specific jurisdictions. Furthermore, aspects of the system may allow for automatic updating of compliance systems in a manner that allows for resource savings for automated compliance software. Additionally, the system may include automated auditing systems, allowing for a compliance rating to be determined in a quick and resource efficient manner while allowing for privacy and security to be maintained.
Claims20
A system comprising:
- a jurisdiction database;
- an audit database;
- a communication module, comprising an interface comprising a port configured to send and receive data packets with one or more external devices;
- and
- a controller, comprising a processor and a non-transitory memory, the controller communicatively coupled to the jurisdiction database, the audit database, and the communication module, the non-transitory memory comprising instructions configured to cause the processor to control the system to perform operations comprising:
- receiving, via the communication module, compliance data associated with a first audit from a first user device, the compliance data including geographical data;
- determining, from the geographical data, a first jurisdiction associated with the first audit;
- obtaining jurisdiction requirement data associated with the first jurisdiction from the jurisdiction database;
- determining, from the jurisdiction requirement data, audit requirements of the first audit;
- determining, from the jurisdiction requirement data and the compliance data, a remaining audit period;
- determining a compliance rating based on the compliance data, the audit requirements, and the remaining audit period, wherein the compliance rating is configured to indicate a likelihood of compliance by the end of the remaining audit period;
- and
- outputting the compliance rating.
A method comprising:
- receiving, via a communication module, compliance data associated with a first audit from a first user device, the compliance data including geographical data;
- determining, from the geographical data, a first jurisdiction associated with the first audit;
- obtaining jurisdiction requirement data associated with the first jurisdiction from a jurisdiction database;
- determining, from the jurisdiction requirement data, audit requirements of the first audit;
- determining, from the jurisdiction requirement data and the compliance data, a remaining audit period;
- determining a compliance rating based on the compliance data, the audit requirements, and the remaining audit period, wherein the compliance rating is configured to indicate a likelihood of compliance by the end of the remaining audit period;
- and
- outputting the compliance rating.
Dependencies are inferred from the claim text.