6 Reasons to Move to an Integrated Management System (IMS)
If your organisation makes constant use of several management systems to improve efficiency, productivity and compliance levels across departments, there are several challenges and risks involved with this siloed setup.
An integrated management system (IMS) is preferable to multiple non-communicative systems because it enables leadership and management to achieve the following benefits:
1. View management performance across all business activities
An IMS brings a unified management framework that integrates all required business functions aligned to a single strategic goal: to improve the performance of the organisation. All systems communicate and feed data to each other in support of the strategic objective.
2. Receive real-time oversights of business risks and opportunities
A cohesive management system integrates various business risk, compliance, and sustainability data, and provides insightful information on how multiple functions impact each other and the associated risks.
3. Make informed decisions based on accurate information flow
Managing several systems puts the organisation through data flow challenges such as data duplication, information silos, and disruptions caused by external audits. An IMS feeds accurate real-time data to enable objective rather than purely subjective decision-making.
Our SHEQX (Safety, Health, Environment and Quality) management solution, part of the XGRC product range, is an integrated management system that aggregates SHEQ data in a single, auditable database, to manage analysis and reporting effectively.
4. Transform strategic objectives into effective operational execution
An integrated system gathers the flow of information and data to develop the organisation’s integrated strategy that provides clear guidance for the ensuing business operations. Actively monitoring strategic actions also helps management to assign better corrective actions based on the actual performance.
5. Manage key performance indicators (KPI) for the entire organisation
A carefully controlled and monitored process guarantees effective strategy execution across all operations. Continuous performance monitoring leads to accurate integrated reporting based on the organisation’s key performance indicators (KPI) such as growth trajectory.
6. Ensure compliance with management standards and guidelines
An integrated management framework successfully manages multiple compliance levels with international standard guidelines, such as ISO 9001 Quality Management, ISO 14001 Environmental Management, or ISO/IEC 27001 Information Security Management. Using a modular framework that can scale to include all compliance and legal needs puts your business at an advantage compared to non-compliant siloed software.
In a nutshell, an integrated management system improves business efficiency, performance, as well as compliance across all levels of the organisation.
The XGRC Software range of integrated system solutions is designed to meet all the requirements of your organisation’s Governance, Risk Management and Compliance (GRC) strategy, from planning to monitoring and reporting.