~ Aparajitha address a major sector roadblock ~
Chennai, October 28, 2021: Aparajitha Corporate Services Private Limited, India’s no. 1 company for Compliance, today organised a Global Compliance Webinar on how automation can help healthcare and pharma companies tackle their critical compliance challenges.
The virtual session was about understanding compliance management and the importance of compliance digitization as an integral part of any organisation’s ethics and culture.
Speaking on the importance of the session, Mr. Rajesh, Chief Marketing Officer, Aparajitha Corporate Services Private Limited said, “Policies and procedures play an integral part of every healthcare and pharma set-up…and they should. They provide companies in these sectors with the clarity they need to run smoothly by streamlining processes. Beyond this, these policies also offer guidance for informed decision-making by supporting compliance. With increased regulatory changes, compliance in the healthcare and pharma sectors is all set to become a little more challenging than it used to be earlier. One major trend to watch out for is the substantial increase in digital transformation in terms of automation, which now seems to be the only way out of compliance roadblocks in these ever-growing sectors. Technology in compliance management can immensely help in keeping healthcare and pharma companies compliant. It is imperative for the companies in these sectors to adopt a holistic approach by aligning the compliance strategy into the overall business strategy.”
Aparajitha’s Global E-Governance and Compliance Platform is an online Compliance Management Tool on a cloud platform designed to global standards with a combination of sector / industry-specific knowledge, with compliance metrics within the legal framework & policy standards of the region. Technological insights uniquely position our teams to work with organizations to achieve end-to-end digital transformation. From strategy to processes to tech enablement to regulatory changes, Compfie takes a holistic view of how country-specific laws, platforms, and compliance output behaviours across the front, middle and back offices need to evolve.
Compliance-related aspects discussed in the session included…
- Abiding by the applicable labour laws like Payment of Wages Act, Gratuity Act, EPF Act, etc
- Preventing the serious consequences of non-compliance with labour laws
- Having easy access to the current policies with real-time updates
- Streamlining the internal and vendor audit processes
Using technology, several organisations have reduced their missed compliance by over 90 percent, and penalties by over 95 percent. Digital apps have made key processes transparent, accountable, and timely. Software-based solutions have helped manage repetitive and non-value-adding activities, saving both time and money.
About Aparajitha
Incorporated in the year 2000, Aparajitha Corporate Services Private Limited is today India’s No.1 Company for Regulatory Compliance. With a presence in all the states and union territories across the country, Aparajitha is well recognised as a Pan-India expert in dealing with the complexities in Labour Law and Industrial Law compliances. Our 1500 plus clientele ranges from startups to Industrial Giants to Multinational Companies to reputed Corporate houses across 100 Plus Industries. Aparajitha’s cost-effective solutions are designed and monitored by 1300 plus compliance experts to address all the current and future compliance requirements of organisations. The operations and services are guided by professionalism and principles that stem out from Aparajitha’s core values and business ethics of integrity, trust, continuous learning, and partnering progress. The company’s goal is to build enduring long-term relationships with their clients by partnering with them for mutual growth and benefit.
This news was shared to Prittle Prattle News via press release.
