Compliance watcher introduction -
Compliance Watcher helps in reducing non productive time of responsible teams by cutting down/ eliminating time spent on information gathering, compiling, processing, and reporting compliance status - resulting in avoiding of penalties and harassment.
2. Problem
• Multi location compliance tracking is a challenge
• Multiple people handling different compliance issue at different
location – how to ensure timely submission is a challenge
• No mechanism to give alerts to meet the deadline is a
challenge, need to maintain files.
• Defining requirements every time increases manual work
• Documents submitted is lost some times in files
• Not able to see compliance report company wise, location wise
and person wise
• Timely check of the compliance issues done on time could not
be possible, as it involves lot of manual and paper work
• To check flow of work done by whom
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3. Solution
• How if, sitting at any location, you can monitor compliance for all locations
and all department
• What if you could track all responsible person’s compliance task status at
one go
• How if, you could see your own alerts and other responsible persons
compliance alerts at one single click
• What if, a solution, gives you an option to define task only single time for
years to come
• How if, if you can upload your file into a application for future references
• What if a system gives you report on all the combinations of your choice like
company wise, location wise, status wise etc.
• What if a solution gives you a chance to manage all the compliance to done
on time without any loss of information and ensure no penalty of late doing
• Audit trails to check flow of work done by whom
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4. Our Product
• It Is Claud base compliance task tacking, monitoring and
management software.
– In a current business world, complexity increase and stricter
consequences for noncompliance, streamlined and proactive
compliance management is a must. The Compliance Watcher
compliance management system reduces time-intensive tasks to
painless assignments, simplifying the process of complying with all
regulations including internal policy and procedures.
• It is also available for installation on client premises on their
server
• We also customise as per the requirement of client business.
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5. How it work
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Create
Activity
• Define Activity for compliance
• For E.g. Payment on 5th of Next Month
Generate
Compliance
and Assign
• Generate compliance from define activity
• Assign generated compliance to user based on role and location
Submit,
comment &
Approve
• Submit compliance
• Approve compliance
6. Why choose Watcher
Setup configure and start using within
short span of time.
All data on one screen with all status.
Access compliance system from
anywhere User wise and period wise dashboard
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7. Product Feature
Go live in short period of span. Owen Compliance library
Single screen based system Document repository
Compliance audits Role based access
Increased transparency Dynamic reports
Dashboard role base Bulk data upload
Smart scheduler Fortnightly auto work status
Internal Chatting facility task wise Audit trail log
Alerts and triggers Planner and tracker
Event Base compliance Time base compliance
Submission time record Search facility in all module
Submission notification with link Own task can be schedule
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8. Benefits
Help to reminds due dates and escalate
non compliance
Can set target date to complete task
before due date
Increase efficiency and cost saving All details available with documents on
single screen
Establish better control over user work
flow – maker & checker
Time saving and easy to use
To analyze compliance performance Task wise discussion record
Audit trails Real time status of compliance position
Define task only single time for years to
come.
Documents readily available for
verification
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9. How it work
• Create Group
• Create Entity Under
Group
• Create Location and
Department under Entity
• Create Compliance
Activity
• Generate Compliance
and assigned It role base
• Submit Compliance task
and Approve it.
Group
Entity
Department
Location
Entity
Department
Location Location
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11. Market Opportunity
Customer
• Registered Company
• Registered LLP
• Almost all legal entity having
compliance with government
and own internal policy
Compliance are require in every
business and organisation so
market is not limited to India it is
spread across the world and all
entity whether commercial or not
Active Company in
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State Total
Delhi 129274
Gujarat 59465
Karnataka 67856
Kerala 29236
Maharashtra 243635
Rajasthan 38806
Tamil Nadu 79996
Telangana 62162
Uttar Pradesh 61693
West Bengal 85944
12. Business Model
• Revenue Stream
– User wise logging access charges monthly / annual basis
– On premises installation charges / licencing fees
– Modification as per requirement so modification and maintenance
charges
– Referral partners commission of compliance audit and compliance
consultancy
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13. Team
Pritesh
• He is qualified
Chartered
Accountants,
and CMA
• He has more
than 9 year of
experience in
the field of
Governance, risk
and compliance.
Karishma
• She has more
than 7 year of
experience in
office
administration
, taxation and
accounting
compliance
management,
• She is a master
of commerce
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Vimal
• He is qualified
computer
engineer
• He has
experience more
than 3 year, he
has developed
accounting
application for
one of non profit
organisation.