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Compliance Automation Software

Started by AvantisRegTech, 2020/06/04 07:46AM
Latest post: 2020/06/04 07:46AM, Views: 25, Posts: 1
Compliance Automation Software
#1   2020/06/04 07:46AM
Compliance Automation Software is an Industry leading digital Compliance Software in India platform trusted by over 1,000 entities across 30 different industries in India today. It is transforming the way Companies manage their compliance program. The platform brings the power of Cloud, Mobile & Analytics deeply integrated with India's best and most reliable Compliance database. AVACOM customers have reduced their missed compliances by over 90% & penalties by 95%.

Effective Compliance Automation Software is critical to an organisation's sustenance and growth. However, compliance environment in India is complex and cumbersome with frequent changes. The number of registrations, returns, registers, challans, filings and other miscellaneous compliances for a mid size organisation can easily be in a few thousands a year. The traditional model of compliance management through manual tracking leads to an ad-hoc, people dependent and paper based compliance program. This compromises transparency and accountability resulting in missed / incorrect compliances with heavy penalties.

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