Compliance Management System
Compliance Management System (CMS) keeps organizations on track to meet government and industry-specific regulatory standards. CMS is an integrated system that helps organizations to automate the process of documentation, business processes, check on various controls and tools so that they can comply with legal requirements. Automation, centralization, consolidation, streamlining are the main functions of CMS. Thus, the financial filings are easy for organizations in automated processes and save organizations from violations of law. An effective CMS can meet every need of compilation in every functional area in your organization whether it’s sales, advertising, operations, or administration.
Compliance Management System (CMS) focuses following four areas:
- Board of Director Oversight
- Compliance Program
- Customer Complaint Response
Organizations need an effective CMS for the following functions related to their different departments:
- To Oversight for your Compliance responsibilities.
- More Efficiency in Operations and Processes.
- Productive Cooperation in the organization.
- Reduction in Legal Complications.
- Manage Compliance Program.
- Risk Management.
- Data Security.
- Integration Competency with 3rd party software and supporting systems.
- Control over documentation.
To ensure that non-compliance due to increasing complexity in business processes could not affect your company, take the help of an effective technological solution. CMS helps to prevent complications due to complex legal procedures. It prevents any loopholes to meet the administration and execution policies.
Your goal of searching for an effective CMS can be accomplished with COMPLIANCE iNBOX (CiB). It is a robust program to streamline your business and regulatory requirements.
Following are features of CiB that make it the best CMS solution for every organization:
- Multiple Roles Definition
COMPLIANCE iNBOX (CiB) outlines the scope of work. It avoids any confusion regarding Risk and Compliance functions due to confusion between people performing different roles. For example, audit personnel need not wait for other staff members to get the required documents. CiB keeps everything ready for you. Just track and find your audit documents.
- Comprehensive Coverage
It allows you to keep an eye on the complete Activity Management on a single screen. Have a complete review of Compliance and Audit activities across the organization. You can track your business’s Compliance process. There is not any possibility that you miss any Compliance event. The tool automatically monitors applicable Regulatory implications and any update about it, organizes required documents, and audits the information.
- Easy setup
With minimal training, your staff can use the CiB. They need not wait for IT personnel to start work. They can always be ready for audits without any special.
- Completely SaaS-based
CiB is 100% SaaS (software as a service) based. Therefore, there is no need to install and upgrade any hardware or software. It is easy to extend its access to your partners.
- Powerful Cloud Security
You need not worry about your organization’s data. It provides the facility of secured data sharing.
There are several other benefits of CiB – Instantly Customizable, easy designing and assigning, encrypted login, minimal follow-ups for compliance, reduced compliance costs, increase in efficiency, and several others.
For further details, contact BA Fintech.
BA Fintech (a joint venture between Boston Financial Advisory Groupand Avanze Group) has an excellent product known as COMPLIANCE iNBOX (CiB). It is a Compliance Management software that integrates and streamlines the approach to Compliance Management. It promises timely and accurate compliance without the typical cost and hassles associated with the activity. Its Dashboard provides a comprehensive view of the status of various compliances and audit activities across an entire business on a single screen. It generates dynamic reports which present information in the form of charts, tables, and data grids which greatly simplify the decision-making process for Promoters and senior personnel and lets them focus on the core business.
Why not give us a call & find more about us? We are here to help you.
Also, we provide free training & support regarding the use of COMPLIANCE iNBOX.
For any assistance, contact us!
We are just a call away!
USA: +1 6099377291
Bangalore: +91 80 2572 4800
Pune: +91 7420061235
Visit our website for more details – www.complianceinbox.com