Forum Posts

• Avantsi RegTech

  • 5 posts
  Posted in the topic Digital Compliance in the forum Technology

  May 27, 2020 1:06 PM EDT

  Digital Compliance has already had a significant influence on the financial services market. Operational in the EU since Nov 2007, The Markets in Financial Instruments Directive (MiFID) was designed to protect the investor. So far it has resulted in the four big UK banks having to pay $75 billion in penalties, and 20 global banks paying $235 in fines.

  Digital compliance solutions aren’t only for legal purposes, except for the peace of mind of your customers. Taking preventive steps to protect users’ data reassures them that it is safe to complete transactions without worrying that their information is at risk. Putting compliance first in your security priorities is essential for an effective long-term risk management strategy.

  WHY DIGITAL COMPLIANCE ?

  TRANSPARENCY
  Real Time visibility of status with role based access, automated workflow & integrated document management system

  ACCOUNTABILITY
  Automated alerts, reminders, notifications, escalations & legal updates on mails, web & mobile platforms

  TIMELINESS
  Real time compliance calendars & alerts for timely action & intervention

  TRACEABILITY
  Detailed audit logs & activity reports
• Avantsi RegTech

  • 5 posts
  Posted in the topic Litigation Software in India in the forum Technology

  May 27, 2020 1:04 PM EDT

  The Avantis Litigation Software in India ensures accountability with management dashboard views, timely preparedness and access to all information with due notifications, calendars and alerts and well tagged document management system.

  The Avantis Litigation Software in India is a solution focused on helping the legal professionals in corporates and businesses manage cases and appeals with great ease. The module is fully integrated with our Compliance Management.

  We understand the pain of managing litigation with excel sheets and paper and other archaic systems. The pace at which the Judiciary operates makes this pain more intense. On an average a case runs from 7 to 10 years, with multiple appeals, lawyers changing, hearings, law firms, thousands of pages of documentation is created as a result. A robust Litigation Software system can ease this pain to a great extent.

  For more details , visit https://www.avantis.co.in/

• Avantsi RegTech

  • 5 posts
  Posted in the topic Labour Law Compliance Software in India in the forum Technology

  May 27, 2020 1:04 PM EDT

  Managing Labour Law Compliances in India  needs deep expertise of the law along with resources across your organisation for day to day management. Most organisations do not have in-house capabilities and resources to manage the complexity. As a result, they end up outsourcing services to third party vendors.
  
  Bringing years of experience in designing applications using latest technologies, AVACOM-Labour is a next generation Labour Law Compliance Software in India. Our team has invested lot of time researching the statutory rules and have designed best practice module for Labour Law Compliance Software in India. There are hundreds of regulartory compliance responsibilities that are specified in the various legislations, we have scanned these responsibilities and extracted most relevant compliances and compiled our checklist. The best practice modules works on the inputs provided by you and suggests the most suitable compliances applicable to you. It offers you the flexibility to exclude statutory compliances that you do not find suitable and allows you to include any additional compliances that you wish to include and track.
  
  

  From tracking compliance using our tool to completely outsourcing compliance,AVACOM-Labour can be tailored as your business requirements. A multi-locational organisation deals with several hundred Labour Compliances in a month such as Licenses, Registrations, Consent Orders, Permissions, Renewals, Returns, Registers, Challans, Payments among others.
  
  So to solve these problems, AVACOM-Labour is a next generation Labour Law Compliance Software in India.
  
  For more details , visit https://www.avantis.co.in/
• Avantsi RegTech

  • 5 posts
  Posted in the topic Compliance Tracking Tool - AVACOM in the forum Technology

  May 27, 2020 1:02 PM EDT

  Compliance Tracking Tool is to implement a transparent and uniform process for managing legal compliances in the organization with AVACOM ,an access-controlled environment for monitoring the status of legal compliances that brings compliance teams, compliance owners and therefore the management on an equivalent platform.

  Effective Compliance Management is critical to an organisation's sustenance and growth. However, compliance environment in India is complex and cumbersome with frequent changes. The number of registrations, returns, registers, challans, filings and other miscellaneous compliances for a mid size organisation can easily be during a few thousands a year. The traditional model of compliance management through manual tracking results in an ad-hoc, people dependent and paper based compliance program. This compromises transparency and accountability leading to missed / incorrect compliances with heavy penalties.Hence Compliance Tracking Tool is majorly importance hence to tackle all there problems related to compliance and to uplift transparancy . 

  For more details , visit https://www.avantis.co.in/

• Avantsi RegTech

  • 5 posts
  Posted in the topic Legal Audit in the forum Technology

  April 28, 2020 4:37 AM EDT

  Avantis Legal Audit Management product helps automate the entire legal audit life cycle. It ensures standardisation and consistency in legal audit approach, methodology and outcomes. The product has been designed with global best practices to ensure that the overall audit management experience is world class. It facilitates creation of standard audit templates for various legal audit types and provides detailed step by step checklist for each legal audit area.

  The solution provides comprehensive dashboards for legal audit heads and co-ordinators highlighting status of legal audits / audit items, types of observations and findings. The product brings in tandardisation, consistency, accountability, confidentiality and control in legal audit tracking and management.

  URL : https://www.avantis.co.in/product-services/audit-management-software/