Case Studies - policyIQ® |
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policyIQ® Implementation Key to Global Company's Improvement Initiative
Challenge
Blyth, Inc. is a publicly traded, leading designer and marketer of candles, home fragrance and home decorative products -
a $1.5 billion global company with headquarters in Greenwich, Connecticut and offices around the world. Blyth launched
an initiative to improve the management of their policies and procedures, internal audits and SOX documentation, and to
make information sharing less complicated across their global enterprise.
How We Helped
As part of their initiative, Blyth implemented Resources Global's policyIQ. They needed quick and easy implementation,
intuitive user interfaces, efficient centralized controls and collaboration features. All of which policyIQ delivered.
Resources provided overview training and open agenda Q&A to help get Blyth up to speed quickly on the software.
Results
Blyth users reported that, "Implementation was quick and relatively easy. It allowed us to use a standardized control
framework [and] perform an efficient centralized review." By the time the documentation was in the system, the users
were also fully trained on how to use the software. Now teams from all over the global enterprise collaborate without
being in the same physical location, which allows for quick resolution of items, without need for follow-up.
Fortune 1000 Company Achieves 100% SOX Compliance Using policyIQ®
Challenge
Snap-on Incorporated is a Fortune 1000 company and global innovator, manufacturer and marketer of tools, diagnostics and
equipment solutions for professional users. Their customers include mechanics and car manufacturers as well as government
and industrial organizations. Their products range from wrenches and screwdrivers to roll cabinets and tool chests - even management software.
They have more than 11,000 employees and $2.5 billion in annual revenues and have developed a significant global presence
with products and services in more than 150 countries.
Corporate Governance is very important to Snap-on. Their internal audit work is co-sourced with an outside firm, and issues
with version control in updates to their Sarbanes-Oxley (SOX) documentation were exacerbated with their global expansion.
How We Helped
Snap-on implemented policyIQ worldwide for the management of their SOX documentation, internal audits and external audits.
Since then, they have added 300 licensed users and implemented more than 12,000 policyIQ pages.
Results
Snap-on achieved 100% compliance and usage of policyIQ for all of their associates affected by SOX requirements. Having all
their internal audit documentation in one location improved efficiencies in the time and effort required to make updates to
their SOX documentation. Employees and associates access policyIQ over the web to make and share updates from virtually anywhere.
And outside auditors obtain information without interrupting the local business units.
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