Simpliance - Simple Beautiful Effective Compliance
-
Upload
mudit-bhalla -
Category
Documents
-
view
140 -
download
0
Transcript of Simpliance - Simple Beautiful Effective Compliance
SCTPRO34 V5
The Uber of Compliance
SCTPRO34 V5
Why Statutory Compliance – Facts and Figures
Non compliance leads to payment of heavy fines
and indirect loss to companies
Monetary Fines
In cases of serious non compliances, companies are
asked to shutdown by the authorities
Company Shutdown
Payment of fines and imprisonment can lead to a bad company image
causing undue damage to its brand value among its clients, affecting
company growth
Brand Value
FactsIs the number of instances that that may cause imprisonment of company directors, owners for non-compliance of labour laws in Karnataka alone
78
Required by LawAll business entities in India are required by law to abide and comply by them
Certain acts if not complied by can lead to fines and imprisonment of the CEO/Directors/Board Members for up to 3-5 years
Imprisonment
Non compliance also invites unnecessary inspection and audits, leading to waste of time and money at the courts
Inspector Audits
SCTPRO34 V5
Our Patent Pending Solution
FactsSimpliance is changing how compliance is done in India. Simpliance provides all collaterals required to complete the compliance task in one place setting a precedence never experienced before
A low “pay as you use model” helps reduce up to 70% of compliance cost with no need for external consultants to maintain compliance or conduct audits as Simpliance exceeds global standards in compliance delivery
Cost Savings & High Quality
A ‘drill down’ live dashboard gives CEO/Owner/Board and other stakeholders the current status of all compliances in the company, including contractor and client site compliances & risk scores
Predictive Controls, Risk Alerts & Risk Scores
Simpliance’s intelligent compliance engine consolidates and auto configures all acts, central as well as state laws. It schedules recurring compliances in a single unified cloud platform. It also keeps the compliances updated when laws are amended without any manual effort
Plug & Play Compliance Solution
SCTPRO34 V5
FactsAs Principal Employer you are responsible for contractor resources working at your premises such as security & housekeeping staff. Non compliance by the contractor amounts to non compliance by the Principal Employer. Simpliance lets you manage it all in one single platform
A single COE with industry experienced legal experts assimilate all laws and acts into easy tasks and help companies understand the implications of non compliance easily. Compliance help is just a call/click away!
Centre of ExcellenceInstant search for compliances with easy to use list views and multiple criteria filters to enable quick navigation
Search & Easy Navigation
SCTPRO34 V5
FactsCompliance is not just maintaining a checklist. Its about ensuring the tasks are accurately executed as per schedule and ensuring that evidences are stored in an organised manner for easy retrieval during audits. Simpliance does just that!
Detailed information on the compliance requirement, recurrence and penalties for non adherence along with all relevant collaterals for execution of the compliance
Detailed Info on Laws & Penalties
Evidence Management , audit log and history to enable intuitive compliance, faster completion and easy retrieval of past compliances & evidences
Evidence Tracking & Real-time Updation
Option to customize internal checklists for each compliance and collaborate with stakeholders on a single platform
Collaborative & Customized Internal Checklists
SCTPRO34 V5
Easy to use setting and configurations that allows total control over the compliance ecosystem management of establishments, contractors and client sites
Intuitive and Easy To Use Settings Different roles and permissions for
users within the organization and external contractors and consultants
Multiples Roles And Users
SCTPRO34 V5
Laws Configured – Labour Compliance
• Shops And Establishment Act• The Contract Labour (Regulation And Abolition) Act• The Employees State Insurance Act • The Employees' Provident Funds And Miscellaneous Provisions Act• The Labour Welfare Fund Act• The Payment Of Wages Act• The Maternity Benefit Act• The Employees' Compensation Act • The Employment Exchanges (Compulsory Notification Of
Vacancies) Act• Child Labour Prohibition And Regulation Act• Minimum Wages Act• Industrial Employment Standing Orders Act• The Payment Of Bonus Act• Payment Of Gratuity Act• The Equal Remuneration Act• Industrial Establishments National Festival Holidays Act
Acts
SCTPRO34 V5
Additional Module – Prevention Of Sexual Harassment (POSH)
First of its kind platform for effective tracking and managing compliances related to Prevention of Sexual Harassment at Workplace. Information is available at the click of button and is kept up to date by industry experts in the backend
Unique & Effective PlatformCreate an inquiry when an incident occurs and track all related compliances. The compliances are scheduled according to the right sequence and time frame mandated by the Act. The tool allows storage of all documentation & evidences
Create & Track Inquiries
SCTPRO34 V5
Thank You
Mudit BhallaAssistant Manager - Corporate SalesHand phone - +91 [email protected]