DULUTH, GA – February 9, 2012 – CompliancePoint, a PossibleNOW company, announces the launch of the Compliance Automation Portal, a SaaS-based solution that centralizes the management and documentation of information for security compliance initiatives. The Compliance Automation Portal’s correlation engine eliminates duplication of activities by mapping similar control items across multiple industry and regulatory requirements for companies who must manage multiple compliance programs. The Portal establishes an easy-to-use compliance management system that delivers audit readiness and compliance status monitoring.

“During our information security consulting engagements, we found that most companies had no means to centralize and coordinate their compliance activities,” explains Jerry Wyble, VP & Practice Manager of CompliancePoint. “Information security compliance is a time-consuming and tedious activity. Each regulatory requirement may have hundreds of tasks associated with it. Management needs to know who is responsible for each task and when the task is due. This process becomes even more complex when there are multiple compliance regulations that may share common security control items.”

The Compliance Automation Portal offers centralized views which enable simplified compliance status monitoring. The Portal’s Task Manager lets users easily monitor control item activities and due dates. Control items are organized into logical groups that reduce the complexity for storing, linking and managing evidentiary documentation. Multiple industry and regulatory compliance programs with similarly defined requirements are correlated and mapped per control item. The Portal supports compliance initiatives for numerous regulations including Payment Card Industry (PCI), the Health Insurance Portability and Accountability Act (HIPAA), ISO 27001, and the American Institute of CPA’s Trust Services Principles & Criteria that are the foundation of Service Organization Control (SOC) 2 reports. Storing data in a centralized SaaS-based solution eliminates the time wasted searching for documents stored in multiple folders on network servers.

DocuFree, a leading document scanning and online storage company, uses the Compliance Automation Portal to manage multiple industry and regulatory requirements. DocuFree CEO Brad Jenkins says, “It’s easy to record compliance activities and attach evidentiary documentation. You see what activities are required to show ongoing management of the compliance program as a whole. This can also significantly streamline the compliance renewal process by providing auditors with an ordered list of documents and quick access to centralized information.”

CompliancePoint is giving demonstrations of the Compliance Automation Portal at booth 13544 at the Healthcare Information and Management Systems Society (HIMSS) show in Las Vegas from February 20 – 24. CompliancePoint’s exhibit personnel at HIMSS include senior management and technical staff who were instrumental in the design of the Compliance Automation Portal. This gives show attendees direct access to information security specialists who have in-depth knowledge of the requirements in several industries, including HIPAA regulations, and can provide insight from actual experience.