Access Group announced that it has acquired MY Compliance Management. This acquisition will expand its capabilities for compliance and learning. The acquisition is intended to support businesses that are looking for integrated solutions in compliance and risk management and meet the rising regulatory requirements.
This move expands Access Learning’s current offering and positions it as a comprehensive provider of digital compliance and learning tools. Over 3,000 clients from a variety of industries are now served by the combined platform. The expansion is a result of the increasing complexity of regulatory environments. Businesses are increasingly in need for efficient systems to ensure compliance and manage risk.
MY Compliance Management, founded in 2015, is a cloud-based application that focuses on compliance with safety, health, and environmental regulations. The platform includes modules that simplify compliance processes such as action tracking, incident report and audit management. The platform is designed to be accessible and easy to use for organisations of all sizes.
The Access Group acquired the company to deliver a unified learning and compliance approach, streamline operations for employers, and provide employees with tools that meet regulatory expectations.
Focus on integrated compliance solutions and learning
Elliot Gowans said that the addition of MY Compliance Management would strengthen Access Learning’s capabilities, combining risk assessment, training, and ongoing compliance management into one platform.
He said, “The acquisition by MY Compliance Management is an important milestone in the growth strategy of our company.” This innovative platform has powerful synergies that work with our existing solutions. It addresses the entire compliance lifecycle, from risk assessment and identification to training delivery and ongoing compliance verification.
He said that the acquisition will help Access Learning customers manage compliance better, providing confidence and tools for meeting complex regulatory requirements. Gowans said that the acquisition shows the group’s commitment in providing tailored solutions to a global clientele.
MY Compliance Management offers an offline platform that allows users to access data without internet. The platform also offers features like automated reporting and advanced tracking of actions, which are designed to improve operational efficiency and speed up decision making.
Product innovation and customer experience
Chris Fuller (Founder of MY Compliance Management) welcomed the acquisition. He highlighted opportunities for future product enhancements as well as increased integration with The Access Group’s portfolio.
He stated, “Joining The Access Group is an exciting development for our company and our customers.” We have been consistently impressed with the Access Group product portfolio and commitment to innovation. “Our customers will enjoy a roadmap that includes enhanced product capabilities, more seamless user experiences, as well as access to cutting edge AI functionality.”
MY Compliance Management will be integrated into Access Learning’s suite of existing services. This will create a platform for compliance training, performance tracking, and reporting. This will help organisations consolidate compliance and learning under one provider.
The Access Group is continuing to invest in technologies that meet workplace learning, compliance and employee development needs. The latest move by Access Group highlights the trend among HR technology vendors to offer broader and more cohesive solutions which simplify compliance management and learning management.
Gowans stated, “This strategic purchase not only expands our global compliance software sector but also enhances our product capability.” We are pleased to welcome MY Compliance Management customers, partners and team members into The Access Group family. We look forward to assisting their continued success with our expanded solution offering.
