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The Problems with Regulatory Reporting – and How Technology can Fix Them

Regulatory reporting is supposed to be the tool that helps governments ensure that the financial sector performs smoothly and does not cause any cascading problems. Even though there are extensive regulatory reporting requirements they often fail to achieve this objective, as evidenced by the recent financial crisis the world went through. What can we do to [...]

Compliance Management Checklist for Small Businesses 

Compliance is a core component of all organizations regardless of their size. There is, however, a major difference in how compliance affects small businesses and how it affects large businesses. There is a huge imbalance in the resources available to these organizations. Large organizations can spend hundreds of thousands of dollars on compliance every year [...]

5 Steps to develop a risk management plan for your small business

Risks are common in business. You can't always remove all the financial, material or physical risks you might face in your business, but you can minimize the risk to a great extent through proper planning and management.Unfortunately, quite a number of business owners think "risk management" is about buying a good insurance protection; they rarely consi [...]

The perks of having a Compliance Management Solution

At a fundamental level, compliance is the confirmation of appropriate deliverance of a service or goods by an organization. When a company follows the rules laid out by a regulatory body to the hilt, it means that it is compliant with the regulations. A number of enterprises are hassled by the presence of rules and regulation, and believe that they are unnec [...]

How an Effective Safety Management System Can Help?

In order to ensure safe and congenial work conditions, companies should employ a safety management system that can lookout for all the anomalies and loopholes in an organization’s safety protocol. Employing Artificial Intelligence (AI) based solutions is a foolproof way to safeguard your employees against potential disasters.The imperial sugar refinery [...]