This document summarizes an automated compliance management platform called Simpliance. It allows companies to track and manage all statutory compliance requirements in one centralized system. Key features include consolidating all relevant acts, scheduling recurring compliance tasks, storing evidence and documentation, customizable checklists, roles-based access, and real-time updates when laws change. It aims to reduce compliance costs by up to 70% while ensuring all requirements are properly executed and auditable. Specific modules help with labor law compliance and tracking sexual harassment inquiries.
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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
Facts
Is 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 Law
All 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
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Our Patent Pending Solution
Facts
Simpliance 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
Simpliances 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
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Facts
As 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 Excellence
Instant search for compliances with easy to use
list views and multiple criteria filters to enable
quick navigation
Search & Easy Navigation
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Facts
Compliance 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
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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
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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
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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 Platform
Create 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
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Thank You
Mudit Bhalla
Assistant Manager - Corporate Sales
Hand phone - +91 9711986575
Email-
mudit.bhalla@coachieveindia.com