Turn your red tape into a competitive advantage

Increase your market share, reduce your risk and make your customers, shareholders and regulators happy.

Increase your profits

Increase Revenue

By getting accredited to ISO 37301 Compliance Management Systems, your organisation is less risky to buy from than your competitors. ​

Reduce Costs

The Strytex service and Single Source of Truth (SSOT) can reduce your compliance administration costs by up to 50% ​

What does Strytex do?​

We help organisations and departments get accredited to ISO 37301: Compliance management systems to help our clients turn their red tape into a competitive advantage.​

In phase one we deliver a series of seminars and workshops that provide directors with the fundamentals of operational GORC (Governance, Obligational awareness, Risk management and Compliance administration) and management and staff with detailed tools and techniques.

In phase two we partner with our clients to implement their unique single source of truth (SSOT) on our platform and go on to provide a co-sourced service to maintain their SSOT.

In phase three we provide a co-sourced Internal Audit function to monitor and continuously improve our clients compliance systems.

Phase 1​

Establish a common governance language and framework across the whole of your organisation.
Develop the knowledge and skills of your management and staff.

Phase 2

Implement an effective compliance management system.​
Maintain your single source of truth.

Phase 3

Ongoing continuous improvement and monitoring as your co-sourced internal audit administration.​

ISO 37301 is a strategic opportunity​

Accreditation to the new standard ISO 37301: Compliance Management Systems will provide first mover organisations with a competitive advantage but many organisation don’t know how or where to start.
Based on over a decade of experience managing hundreds of thousands of compliance documents, we’ve developed insights, frameworks and tools to help our clients establish, develop and implement efficient and effective compliance management solution.

Our Insights

We’ve presented our frameworks at national conferences and published articles and white papers with leading professional associations, detailing the tools and techniques.
Man at desk shouting down phone

Compliance needs monitoring

First published by Procurement Professional, the official magazine of CIPS Australia, June 2011 Purpose Actions by suppliers are damaging brands and reputations and more and more company directors, officers and...

Read More >
Picture of two dice

Networking shares the risk

Collecting compliance information from suppliers and subcontractors is a costly, time-consuming, soul-destroying task. Nigel Dalton-Brown suggests an alternative approach which distributes the administration costs across the industry.

Read More >

Our Insights

We’ve presented our frameworks at national conferences and published articles and white papers with leading professional associations, detailing the tools and techniques.
Man at desk shouting down phone

Compliance needs monitoring

First published by Procurement Professional, the official magazine of CIPS Australia, June 2011 Purpose Actions by suppliers are damaging brands and reputations and more and more company directors, officers and...

Read More >
Picture of two dice

Networking shares the risk

Collecting compliance information from suppliers and subcontractors is a costly, time-consuming, soul-destroying task. Nigel Dalton-Brown suggests an alternative approach which distributes the administration costs across the industry.

Read More >

We turn compliance into assurance.

Compliance provides directors, officers, executives, managers and staff with the assurance that the governance frameworks, policies and procedures are being carried out and not just sitting on a shelf.​

We create a single source of truth of compliance documents for our clients.

We work with our clients to workshop their mandatory and voluntary obligations.
We’ve built our own platform because nothing existed for whole of organisation operational compliance.

We phone, email and chase suppliers for updated compliance documents on behalf of our clients.

When we find poor quality compliance reports, we work with our clients and their suppliers to improve the quality of reporting.

The benefits of an effective
compliance management system

Increased revenue​

Build trust and confidence. ​Win new business and establish long lasting relationships with your customers.

Increased efficiency​

Implement a single source of truth. Eliminate duplication, minimise wasted time searching for documents and enable fast access for timely reporting and decision making.​

Increased assurance​

Protect your brand and reputation.​ Track and measure compliance across mandatory and voluntary obligations to improve decision making. ​

Reduced cost​

Compliance administration costs 6.24% of employee expenses.​ Increase efficiency and effectiveness and reduce this cost by up to 33%.​

Reduced risk​

Avoid fines and legal problems. ​Know who or what is non-compliant and why on a daily basis so remedial actions can be taken immediately. ​

Reduced stress​

Sleep well at night knowing you have taken all reasonable precautions to protect yourself, your employees, your managers, your executives and your board.​

We solve problems

Problem

Our documents are stored all over the place. It’s a mess.

Solution

Strytex provides a Single Source of Truth (SSOT) for all your compliance documents. It’s cloud based so you can access any document from anywhere.​

Problem

Every month, we waste days of time trying to find documents….​

Solution

With all your documents in a Single Source of Truth with key metadata, it’s simple and easy to sort, filter and search for your documents in seconds.​

Problem

…and when we do find the document, we never know if it’s the current one.​

Solution

We archive expired documents so you only see the current one. ​

Problem

Keeping all our own documents up to date takes up so much time. 

Solution

Strytex is a service not a software package. We keep your documents up to date for you so you can concentrate on your business.​

Problem

We’ve got hundreds of suppliers. It’s a nightmare trying to keep all their documents up to date.​

Solution

Let us manage your supplier documents for you, we may already be collecting them for some else. By letting us manage your supplier compliance you share the time and cost.​

Problem

I don’t know if my staff, my buildings, my products or even my suppliers are actually compliant!​

Solution

We’ve got that covered. Because all your documents and compliance rules are in one place, we run a daily check of who or what is non-compliant and why. You get an exception report on your dashboard telling you exactly who or what is non compliant and why!​

Problem

Auditing is a nightmare. Every year it totally disrupts the organisation. ​

Solution

With Strytex, annual audits are a thing of the past. Because we keep everything up to date in your Single Source of Truth, all your information is available every day.​

Problem

We spend days getting everything together for Board reports and Senior Management meetings.​

Solution

Because everything is updated daily, all you need to do is press ”Export” and you will have everything you need for any meeting. Take your tablet with you and present in near real –time!​

Why you should choose Strytex?

We’ve solved so many problems that we’ve developed a compliance framework and validated a set of tools for governing bodies, managers and staff:

  • GORC/DIKW​
  • The ORC Model
  • The Single Source of Truth​
  • The Rumsfeld Grid​

GORC/DIKW​

To improve assurance, the widely used industry acronym GRC needs to be challenged and updated by adding O, for Obligational awareness. GORC (Governance, Obligational awareness, Risk management, Compliance administration).

The organisational interfaces and feedback loops are analysed through the lens of the DIKW model (Data, Information, Knowledge, Wisdom) which splits the process into two streams – top-down processes and controls; and bottom-up monitoring, analysis, and reporting – and introduces the feedback loop mechanism.

The ORC Model

Provides organisations with a framework from which to build a comprehensive obligations register.

By applying the framework, organisations can build a
foundational structure similar to a financial chart of accounts;
that is, a digestible breakdown of all of the organisation’s
obligations broken down into subcategories, providing the basis for further tools and standardised reporting.

GORC Cube version 2

The Single Source of Truth​

Every practical compliance management system requires a single source of truth (SSOT). A place to store all the compliance documents, record the organisation’s obligations, set up the compliance rules in control groups and generate reports.

Advanced SSOTs even link directly to the asset register for maintenance reporting.

The SSOT is often best provided as a software solution such as a relational database.

SSOT building block diagram

The Rumsfeld Grid​

The bad news for directors and executives is that there will always be unknown unknowns and so there will always be stress. The good news is that manageable stress is good for us; our pulse quickens and our hormones surge, but there is no threat or fear. We feel this type of stress when we ride a roller coaster, compete for a promotion or take a calculated risk.

Using the Rumsfeld assurance matrix, directors, executives, compliance professionals and internal auditors can transform fear-inducing stress into manageable stress, rip off the blindfold of wilful ignorance and become professionally curious.

Rumsfeld matrix
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Strytex will help your organisation get ready for ISO 37301 accreditation before your competitors so you can increase your market share, reduce your risk and make customers, shareholders and regulators happy.