A new realm and trailblazer in Labour Law Compliance Services - Comply Well Technologies Private Limited
Comply Well Technologies is a new firm established with the purpose of empowering and enabling industries to comply with complex statutory laws and rules of the nation.
"To walk in line is a tough row to
hoe."
Compliance is a "Moving
Target" and regulatory laws keep changing on a regular basis. Even
Covid-19 has introduced unprecedented impacts in the statutory compliance
system. To meet the compliance requirements, every enterprise strives to build
its own compliance culture and create a risk-free business eco-system.
This epidemic
situation infused an idea of "Digitalization" into every business and
it became the "new normal". Technology never ceases to evolve. The
major thumb rule is to "keep pace with technological breakthroughs"
to gain an edge over competitors. With that insight, Comply Well Technologies
integrates core compliance knowledge into the programming landscape to
structure an automated platform to overcome the compliance complexities by
putting an end card to its "Myth."
We intend to release
S-a-a-S products in phases to meet all the requirements of Labour Law compliance standards. As a
part of this quantum leap, a couple of S-a-a-S products—C-Qube & H-Bot
launched by Comply Well Technologies.
About S-a-a-S
Products:
C-Qube:
Contractor's
Compliance Check is cloud-based software that enables principle employers/
enterprises to collect, manage, and track the compliance requirements of
contractors on a monthly basis.
H Bot:
Highlighting Bot is a
cloud-based application that highlights and sorts out the compliance evidence
from the pool of data. This unique product is a boon to those who get mired in
the tiresome and monotonous activity of segregating and validating compliance
evidence.
SAAS for Contractor
Compliance - Perquisite for Principle Employers:
Over the last decade,
"contracts" evolved as a "blood line" for businesses.
Regardless of size,
enterprises need to construct new contract architectures to regulate / protect
their business bonding. "Dynamics" is the very essence of contractor
labour management. This dynamic nature leaves a space for crafting pertinent
contractual structures to mitigate and manage risks.
Contractors are
destined to keep track of the various complex projects on a daily basis. It is
a daunting process for contractors to pay attention to deadlines, budgets,
payroll, safety, and other compliance needs in a row. The crux of the matter is
that it is very challenging to be compliant with the plethora of contractor
labour regulations.
"Contractual
transparency" should be implemented in the various layers of the
organisation to ensure smooth functioning. In a laborious task, it's not easy
to attain a significant level of transparency. Manual compliance management
involves the disseminating and handling of data through paper, which is prone
to human errors. When the contract regime expands, organisations confront new
challenges and risks that create a complicated compliance environment. To
simplify these processes, several groundbreaking solutions have emerged to give
a technology-centric shape to compliance management.
As a result of the
technological integration, manual efforts are reduced by automating the
contractor compliance cycle. Technological enablement yields several compliance
software packages to streamline the processes. Despite the fact that the
software solution alleviates the complexities of the compliance framework, the
entire compliance cycle cannot be automated as it requires a minimal level of
human intervention. This demands industries to keep backup resources to avoid
"overlooks" in the compliance domain.
In an effort to think
outside of the box, Comply Well Technologies developed S-a-a-S products to
automate every single phase of the contractor compliance management cycle to
ensure speed & accuracy. It’s our new proactive approach towards compliance
to build a reliable platform that forewarns about the regulations and helps
industries enact their compliance obligations.
As we are aware,
principle employers are solely responsible for ensuring that compliance
criteria are met. A contractor's small refusal to comply with regulations will
cause potential risks to the organisation and principal employer.
By constructively
articulating the digital features, we cast a digital spell to protect the
principle employers and make them take strong implications for building a good
relationship with contractors.
There are tons of
software models trying to resolve the bottlenecks of the compliance process on
the grounds of automation. Comply Well Technologies embedding risks,
regulations and policies in a single platform to bring massive advantages to
the industry, including accessibility, scalability, flexibility, and low deployment
costs.
Moving on-premise
applications to a cloud-based solution is a game-changing idea. Choosing the
right one among them is the key to efficient compliance management. Make a smart decision to gain a competitive
advantage in the market.
Press Releases:
https://www.newsvoir.com/release/comply-well-technologies-launches-two-s-a-a-s-products-19706.html
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