Technology plays a significant role in monitoring compliance across various industries and sectors. Compliance refers to adhering to laws, regulations, standards, and internal policies that govern the operations of an organization. Technology provides tools and solutions that enhance the efficiency, accuracy, and effectiveness of compliance monitoring processes.

1. Role Of Technology In Monitoring
Compliance

2. Introduction
• Technology plays a significant role in monitoring
compliance across various industries and sectors.
• Compliance refers to adhering to laws, regulations,
standards, and internal policies that govern the
operations of an organization.
• Technology provides tools and solutions that enhance
the efficiency, accuracy, and effectiveness of compliance
monitoring processes.

3. Technology enables the automation of various compliance monitoring tasks, such as data
collection, analysis, and reporting.
Automated systems can monitor transactions, activities, and processes in real-time, reducing
the reliance on manual oversight and minimizing the risk of human error.
Automation

4. Data Collection And Analysis
• Advanced technologies like data analytics, machine learning, and artificial intelligence
can analyse large volumes of data to identify patterns, anomalies.
• This allows organizations to proactively detect and address issues before they escalate.

5. Real-time Monitoring
• IoT (Internet of Things) devices and sensors can provide
real-time monitoring of physical assets, processes, and
environmental conditions.
• This is particularly relevant in industries like manufacturing
and environmental compliance where immediate action
might be necessary

6. Document Management
• Compliance often involves maintaining and managing a
multitude of documents, such as regulations, policies,
procedures, and contracts.
• Technology solutions such as document management
systems streamline the storage, retrieval, and version
control of these documents.

7. Our Services
Upload your list of vendors/suppliers
with their GST numbers (which
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finance team). For those vendors
where GST number is not available,
our tool can also do a PAN or CIN
based search.
Receive the output in record
time (powered by our AI-
enabled tool that scrapes through
MCA website for you – leaving no
room for manual errors)
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8. Website : https://contetra.com/strike-that/
Email Id : tejas.savla@contetra.com
Phone No : 98338 18857