The Companies Act, 2013 Section 134 stipulates that amongst other matters, the Directors Report shall include:
A statement indicating development and implementation of a Risk Management Policy for the Company. Directors Responsibility Statement confirming that Directors have devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
Do you know how may compliance's are applicable to your industry ?
Do you know how many Licenses,Returns are due for renewal in the next 3 months?
How many Compliance's need to be managed In your Company across all business locations ?
How many Compliance are pending ?
Do you know the Penalties for non-Compliance?
Do you know the Risk profile of your Organisation?
If you are satisfied with such responses, you surely do not need a Compliance Management System, if not register for a free trial by filling below form. Our team will contact you and assist you.