Compliance Tracking
Compliance tracking is the process of monitoring and documenting employee participation in regulatory or internal policy requirements - such as acknowledgments, form submissions, or training completions. It creates a defensible, time-stamped audit trail for everything that matters.
For banks and credit unions, this is critical. Without a centralized system, institutions often rely on spreadsheets, emails, or verbal confirmation - none of which hold up during a regulatory exam or internal review.
Why It Matters
Auditors and examiners frequently ask for proof that a specific policy was acknowledged, a change was communicated, or a training was completed. If you can't produce a report instantly, you risk exceptions. A proper audit trail removes the guesswork and protects your institution.
Examples of What Can Be Tracked
- Policy acknowledgments
- Training completions and certifications
- Form submissions for documented procedures
- Review and revision history of key compliance documents
How SimplifyIT Helps
- Built-in acknowledgment tracking with individual completion status
- Audit-ready logs showing who completed what - and when
- Automatic review date reminders for policies and procedures
- Targeted alerts to notify staff of required actions
- Exportable reports for NCUA, state exams, or internal audits
Explore the full SimplifyIT platform or view all features related to compliance tracking.