Stay compliant with changing regulations
A effective corporate compliance program is a necessity and the organisation should work towards the goal of sustaining compliance and trust with customers and stakeholders.
Claptek’s Corporate Compliance Management solution enables your organisation to standardise and automate the compliance activities that brings more efficiency to your business.
Corporate Compliance tools give the structure and backing to the normalization of compliance exercises and automation to build proficiency and viability of compliance management. Corporate compliance empowers a typical cross -additional approach to deal with IT compliance exercises that most influence the regulatory oversight of corporate governance. This is finished through the help of the five significant requirements for dealing with a compliance program: policy development, collection and standardization, control monitoring, work process management and case management.
Compliance management is the continuous course of checking and evaluating frameworks to ensure they conform to industry and security principles, as well as corporate and regulatory policies and requirements.Read More
This includes infrastructure assessment to distinguish frameworks that are non-compliant due to regulatory, policy or norms changes, misconfiguration or some other reason.
Compliance management is significant because noncompliance might bring about fines, security breaks, loss of certification or other damage to your business. Keeping steady over compliance changes and updates prevents disruption of your business cycles and saves cost.
The most effective way to address every one of these difficulties is with a diverse methodology that will screen all conditions; distinguish any regulatory inconsistencies; address those inconsistencies and bring them forward-thinking and into compliance and track these updates.
Each organizational setup requires an effective corporate compliance framework in view of the changing elements of different guidelines from time to time. Corporate compliance management essentially includes procedures uniquely intended to recognize and prevent infringement of regulations. The present business structures are complex and a little exchange of numerous variables, if not broken down well, could present difficulties in accomplishing desired business results.
Corporate compliance violations can bring about fines, punishments, claims, loss of reputation and more.
Corporate compliance covers both inside strategies and systems and government and state regulations. Authorizing compliance helps your organization prevent and distinguish rules infringement, shielding your association from fines and claims. The compliance interaction ought to be progressing. Numerous organizations reliably and precisely govern their compliance strategies over a long time.
Corporate compliance cultivates a work environment culture that values integrity and moral conduct. This starts at the top.
Corporate compliance is tied in with managing risk. To construct a successful program, you want to understand what compliance areas pose the most elevated risks to the organization.
Corporate Compliance Management (CCM) specifies an organisation’s policies, procedures, and actions within a process to help prevent and detect violations of laws and regulations.
Claptek’s Corporate Compliance Management helps your organisation strengthen compliance and integrity with integrated and collaborative approach.
The primary benefit of compliance is that it decreases your risk of fines, penalties, work stoppages, lawsuits or a shutdown of your business.
Helps to assess and mitigate risks in different areas and provides valuable inputs that can be used to eliminate liquidity and market risks.
It helps to bring clarity and good data availability which is critical for informed investment and planning decisions to your organisation.
Claptek’s Corporate Compliance Management – Key Capabilities
Streamlined process of policy creation, review, approval, and communication.
Simplified change management with fully integrated regulatory standards and frameworks.
Gain enterprise-wide visibility into the survey management through graphical dashboards.
Captures code of conduct violations and other unethical activities in a central system.
Transforms third-party data into meaningful insights using intuitive reports and dashboards.
Tight integration with other risk and control functions throughout the organisation.
We have solutions for organisations of all sizes
Pure play solutions for small businesses
Compliance-oriented solutions for mid-sized businesses
Integrated risk management solutions for enterprises
Latest blog posts
Insights, trends, challenges, opportunities and talking points from Claptek thought leaders for risk and compliance professionals to do their jobs easier, faster, and more effectively.
Benefits of Business Performance Management
3 reasons to re-evaluate the Business Performance Management practices
5 Benefits of Continuous Control Monitoring
Benefits of Integrated Risk Management
The importance of third-party risk management for the banking industry
5 Reasons to have strong third-party risk management in the organisation
5 benefits of risk management
Continuous monitoring with complete support from Claptek’s iDT (Digital Twin) in the Insurance Sector
What is Third-Party Risk Management?
NBFCs & UCBs – Be Compliant With RBI’s Latest Mandate
See how our Corporate Compliance Management solution can work for you.