Operating safely, reliably, and in compliance with regulations is paramount to asset operators. In many industries, obtaining and retaining a license to operate requires companies to be diligent in their compliance.
Discover the changing role of information governance as well as its evolving value proposition in the white paper, How to Mitigate Risk and Ensure Compliance: Govern Your Documents Accordingly. This paper examines the factors shaping the information governance landscape as it pertains to the energy industry.
With effective asset information governance in place, companies gain the confidence that business decisions are documented and due diligence is auditable, helping them ensure asset integrity and avoid costly accidents, claims, and non-compliance penalties.
OpenText Asset Information Management solutions make compliance easy with:
- Template workspaces to standardize activities, workflows, and documentation requirements for specific classes of work orders or task lists
- Transparent Management of Change with automated review cycles and workflows triggered by business rules such as equipment changes
- Robust security, version control, and auditable processes
- Integrated records management to govern the lifecycle of documents, transactions, and master data