The LegAccord has developed the inhouse compliance software to help clients have access to the knowledge bank of regulations, laws and compliances applicable to them and to help the client user track down all the compliances with the due dates and to receive reminder as per the escalation matrix for each compliance getting due. The software helps the client to report the compliance status and helps the management to have a real time view of the compliance status at the Company level and for each branch or department. The software helps the clients to also generate the Compliance certificates and reports for any relevant period. The LegAccord software has been developed with latest technology and has an edge over its counterparts over the speed , performance and updates and much cost effective to its clients.
IT enabled Web Based Regulatory Compliance Manager Tool To Meet The Requirements Of Companies Act 2013 (Section 134(5)f), Section 205(1))
It enables organizations to comply with all the applicable laws and compliances and helps the management get a real time compliance status and hence mitigate the financial and reputational risk.
Methodology Of Implementation:
· Understanding Business Operations
· Designing Compliance Program considering Nature of business, and applicable requirements as per various laws and regulations
· Identifying applicable laws and compliances for each business unit
· Finalization of organization structure for compliance for each business unit
· Deployment of Legaccord Regulatory Compliance Manager (RCM)
· Advise on the non-compliance trends through periodic reviews
· Help organize periodic compliance audits and assess the level of non-compliance
· Help the Corporate in regularizing and closing all the non-compliances and gaps.
Developed by using latest technology and performs faster and effective than other compliance software’s in the market.
· Auto updates when changes in law,
· No need to upload excel patch files anymore
· Exhaustive compliance repository
· Flexible workflows
· Alerts & Escalations
· Reports & Certificate
· Audit & InspectionManagement
· Compliance Updates