Simpliance: Simplifying Governance, Risk and Compliance Management through Automation
Irrespective of the size of an organization, almost every aspect of a business faces a complex web of regulations that continually evolve. Non-compliance to regulations is subject to enforcement actions, penalties and the risk of damaging the company’s reputation. To counter this, businesses are implementing compliance management software in order to automate various tasks such as documenting and reporting risks across the organization. The compliance industry is gradually evolving with the emergence of RPA and AI where the processing power of these technologies can be used to bypass human intervention in compliance. However, not every compliance tech company possesses this power. Additionally, compliance frameworks may fail as businesses are unsuccessful in putting various operational processes in place post implementation along with ensuring organizational change management for a seamless transition. Organizations are now more focused on finding the right compliance tech company and efficiently managing risk.
Tech-enabled to assist organizations of all sizes in monitoring regulatory and non-regulatory risks is Bangalore headquartered Simpliance with its bouquet of technology based governance, risk and compliance solutions. “The industry is keen on exploring solutions that don’t beat up their people, but rather help them understand the law and make it easy for them to comply with. Simpliance was built with the very same purpose and has automated engine which intelligently configures the right set of laws for an organization without any human intervention,” informs Anil Prem DSouza, Founder and CEO of Simpliance. Simpliance offers ready made software on labour laws, EHS Laws, Secretarial Laws, Taxation Laws and so on. On the non-regulatory front, the company offers desktop and mobile applications.
Explaining the workings of the platform further, Anil goes on to tell us how the platform has been designed and developed with an intelligent engine and a completely integrated system where clients can effortlessly monitor statutory risk, internal organizational risk related to its policies and processes as well as third party risk factors. “Our vision as a tech startup is to enable companies to govern their organization and protect itself from both internal and external risk factors,” adds Anil.
Assuring end-to-end automation, the application has been engineered to help key stakeholders within a company attain a single window view of its company being completely protected from statutory risk by ensuring compliance to various laws. “It also gives them a strong control over their strategies by linking up the day-to-day controls that ensure their policies and processes are functioning the way they were designed to,” informs Anil.
Perfectly understanding that an organization’s next priority is providing employees and customers with a safe working environment, Simpliance comes to the aid with its EHS library that provides the list of EHS laws that companies need to adhere to and details about various compliance activities.
Since its inception in 2015, the company has worked with over 600 companies and envisions continuing to serve its customers and ensuring superior levels of customer satisfaction.
Equipping Top Leadership with a Holistic View
Our vision as a tech startup is to enable companies to govern their organization and protect itself from both internal and external risk factors
Assuring end-to-end automation, the application has been engineered to help key stakeholders within a company attain a single window view of its company being completely protected from statutory risk by ensuring compliance to various laws. “It also gives them a strong control over their strategies by linking up the day-to-day controls that ensure their policies and processes are functioning the way they were designed to,” informs Anil.
Perfectly understanding that an organization’s next priority is providing employees and customers with a safe working environment, Simpliance comes to the aid with its EHS library that provides the list of EHS laws that companies need to adhere to and details about various compliance activities.
Since its inception in 2015, the company has worked with over 600 companies and envisions continuing to serve its customers and ensuring superior levels of customer satisfaction.
