Patent ID: 6912502

Claim:
A computer implemented method for use in compliance management in a business wherein the computer implemented method is conducted at a server, the method comprising the steps of: (a) identifying a plurality of business processes subject to compliance requirements by a server identifying means; (b) determining compliance ownership of each of said plurality of business processes by identifying an individual or entity responsible for compliance requirements for a particular business by a server determining means; (c) determining compliance requirements for each of said plurality of business processes by a server compliance requirement determining means; (d) identifying compliance issues based on said compliance requirements wherein the compliance issues are identified by a self-assessment questionnaire wherein at least some answers to the self-assessment questionnaire are translated into a risk score which is computed by multiplying a severity score, an occurrence score and a detection score for identifying at least one area of concern, by a server compliance issue identifying means; (e) creating at least one action plan based on identified compliance issues by a server creating means; and (f) forwarding said at least one action plan to an appropriate identified individual or entity based on determined compliance ownership by a server forwarding means.