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Compliance is an on-going, and time consuming process. Multiple taxes to be paid. Several laws to be complied with. Multiple filings to be made to various statutory agencies. Disparate dates of filings to be tracked.
Comprehensive view on single screen regarding status of various compliance and audit activities across the organisation. Dynamic reports in the form of charts, graphs, data grids
Resource Engagement Management and overall control. Assign, Monitor, Review. Role based access to owners, managers, resources thru encrypted User id’s and Passwords.
Integrated Document management, Policy management, repository of compliance obligations. Safe and secure data sharing. Store, Retrieve, share documents.
Audit plan tracker with Audit Trail. Independent access to Auditors, can restrict change once activity completed
Alerts, Triggers, Notifications. You never miss the Due date
Integrated with Financial Accounting Software. All real time financial reports can be viewed/accessed thru this feature
Integrated chatroom facility.One can simply type messages, give instructions, receive replies. All communication traces are available
All applicable statutes such as Income Tax, Indirect Tax, Labour Laws, Corporate Laws.
With AWS hosting, CiB becomes the most secure, stable and powerful cloud compliance software in the GRC domain. AWS has uptime of 99.989% in EU West, 99.997% in APAC and 100% in US East and West.
E-Audit Workflow: –
Boston Financial Advisory Group (BFAG) is a one-stop-shop for all your accounting and financial consulting needs. We are a premier provider of managed financial accounting, consulting, and advisory services. Led by seasoned CFOs, with decades of experience in the manufacturing, technology, trading, and services industries, BFAG is the financial outsourcing partner of choice for several companies across the world.
Manage documents and Quick access whenever required
Information and Process available for Various Activities
Free access training and support and from Boston Financial
Various administrative controls to maintain data security
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Let’s see Compliance iNBOXin action: Mr. Henry Wilding, CFO of XYZ Inc., has to comply with the Advance Taxes provisions applicable to the company. He wants to assign the work to his employee Mr. Jack Don, who is out on a business trip for two weeks. In the conventional scenario, Mr. Wilding would have had to wait for Mr. Don to return before assigning the work to him.
However, Mr. Wilding, is a user of Compliance iNBOX. He logs into the solution and assigns the Advance Taxes management task to Mr. Don, who immediately receivesan email notification for the same. Mr. Don can log into this SaaS-based solution from anywhere and quickly acquaint himself with the task at hand.
He can use the help documents and standard documents, Process, Related applicable Lawsto complete the task and upload all his workings and closure documents online.
An automatic mail is sent to Mr. Wilding once the task is completed. Mr. Wilding can log into Compliance iNBOX to review the task. If he finds something amiss, he can reopen the task and ask for clarifications. Once Mr. Don provides the additional information and makes the necessary changes, Mr. Wilding can review the changes and mark the task as complete. This way, the entire work is completed even before Mr. Don returns from his trip! Not a day is lost and the work is done to perfection.