The decision management industry is making compliance far too complicated

We need to uncomplicate compliance for compliance operations. And no, that does not mean decision, model and notation.

It means making life easy for people who actually have to comply.

Please note this disclaimer. I’m affiliated with Tallyfy — a workflow and BPM platform which differentiates through incredible ease-of-use, customer-facing features and flexibility to drive adoption in modern teams.

Let’s think about how we currently see this space today. By the end of reading this, if you’re more confused — it’s fine. That’s the point.

Now more than ever, organizations must rapidly react to new and demanding regulation. With Business Decision Management (BDM), they can easily evolve behavior to stay compliant.

Compliance restricts a company’s behavior in a specific way, and it requires a thorough, careful examination of operational decisions. Decisions must be made with compliance in mind, or organizations risk significant legal & financial ramifications (fines for non-compliance can easily reach into the billions).

Complicating matters are the stressors of increasingly complex regulatory legislation with shorter and shorter windows afforded to companies for enacting changes. Organizations need a safe, fast way to respond to new regulatory developments, and Business Decision Management (BDM) apparently offers a solution.

Business Decision Management provides a disciplined approach to compliance, allowing companies to construct a framework integrating the legal, organizational and technical requirements of regulation. Decision logic is modeled according to a universal standard of notation and mapped precisely to associated regulatory requirements.

Models are formulated in a way that is easily understood by business analysts and SMEs. This gives organizations insight into where they may have current compliance risks and where any new legislation will have an effect.

Modeling decisions also constructs the best possible defense against compliance errors: traceability. Compliant business processes inherently include decision logic that must account for the specifications of various regulations (or corporate guidelines).

The activities within these processes are linked to corresponding logic through decision modeling, creating a data trace between design, implementation and execution of a process.

Data gives organizations the proof they need to leave no doubt about whether or not their behavior is where it should be.

Yes, it’s confusing. Ultimately, you need to achieve these things:

• Identify current areas of compliance risk
• Understand where new regulation impacts operations
• Reduce the complexity of sprawling legislation and corporate guidelines
• Overcome time constraints and quickly adapt practices
• Trace data to decisions to guarantee compliant execution

We’re thinking about this really hard at Tallyfy. And we’re trying to cut out the crap that just depresses everyone and doesn’t meet your goals.

Please note this disclaimer. I’m affiliated with Tallyfy — a workflow and BPM platform which differentiates through incredible ease-of-use, customer-facing features and flexibility to drive adoption in modern teams.