RSJ Lexsys has introduced a comprehensive e-Compliance Management Solution 'Lex Comply' that streamlines the risk and compliance process for organizations of all sizes and geographic diversity
For instance, nobody can forget the case of Nestle Maggi, due to non compliance of Food and Safety Norms Nestle India had to face ban for long time. Similarly in any business there are certain set standards and regulations which are mandatory to adhere by the company.
Because a tailored compliance program, target the business' risk areas and is also important in helping companies navigate the pitfalls without imposing unnecessary restrictions.
While big companies invest in strong compliance programs, yet sometimes they fail to act in accordance with certain compliance due to ignorance, with RSJ Lexsys e-Compliance Management solution there is no chance of ignorance and deadline miss as the software is made in a customized way with reminders to the management in hierarchy. These programs not only prevent infringements, but may also serve to mitigate fines if an infringement has been committed.
"It is very useful tool in the hands of the senior management to have bird eye view of the compliance status with risk indicator of the group companies and also helpful for FPR in getting advance reminders of the Due Compliances," said Kushwaha Company Secretary Reebok India Company, Naveen Chandra.
Read more at Business Standard