We are excited to announce the launch of ComplyNexus, sharing the burden of the internal auditors, compliance officers/managers and helping the organizations meet various compliance requirements efficiently.
From simplifying document management, enhancing collaboration between the teams, and improving accuracy to generating a gap analysis report and offering evidence documentation, it’s a complete software that resolves the entire list of concerns of the internal auditors, compliance officers/managers.
ComplyNexus Features: Leveraging AI, Automation, and the Cloud
Considering the problems organizations face with compliance document management, we have embedded advanced features into ComplyNexus, providing many benefits.
Comprehensive Checklist
Keeping all the compliance requirements in mind isn’t easy. However, skipping any of them isn’t acceptable, too. Covering different compliance requirements, the checklist helps you keep track of all the necessary compliance aspects during the audit process. It ensures that you never miss out on any critical requirements, saving you from complicated compliance problems in the future.
- Easy tracking of compliance requirements
- A smoother and faster audit process
- Minimized compliance issues
Centralized Audit Management
Lack of collaboration, communication, and transparency between the team members can make your organization suffer from issues like unmet compliance requirements, further leading to heavy fines or penalties. The centralized audit management facilitates real-time communication and collaboration between internal auditors, compliance officers/managers, and administrators – eliminating the worst consequences of communication gaps. Imagine saving and investing the money that you’d otherwise pay as a fine.
- Improved communication
- Increased transparency
- Saved time and money
Secure Data Management
Holding confidential information, your compliance documents need extra protection and security. Even a little mistake while managing them manually can put you in a well of never-ending troubles. Understanding the importance of securing sensitive data, we prioritize the security of your organization’s compliance documents. The software offers access based on the role of the user to ensure maximum security.
- Compliance with cyber security standards such as ISO 27001 and ISO 27017
- Role-based user access and identity management (IAM)
- Compliance with data privacy standards such as ISO 27701, and ISO 27018
AI Chatbot Interface
Manually storing, organizing, and retrieving your compliance documents require sufficient time and effort. Moreover, creating reports based on your current compliance status is a tedious task. Letting you enter natural language queries, the AI chatbot interface is the easiest to use for document management. From storing and organizing the documents to retrieving them and generating reports, you’ll face no confusion.
- Cloud-based storage
- Quick document retrieval
- Well-organized documents
Auto Report Generation Using AI
Internal auditors, compliance officers/managers might fail to accurately compare the available compliance documents with the targeted compliance requirements. This inaccurate comparison leads to the creation of a gap analysis report that doesn’t point out the gaps efficiently – initiating an ongoing cycle of document comparison and report generation with only a few compliance requirements being met each time.
Fighting against the demons of inaccuracy, time consumption, and manual work, the AI audit report generation feature comes with the benefits of:
- Accuracy
- Custom templates
- Automation
It informs you about the gap analysis results while freeing up your time for more important tasks.
Document Retrieval & Auto Classification
Obtaining the missing documents from different sources can be tiring and takes much time. However, you can’t just avoid it and move further. The document retrieval feature allows you to easily request, fetch, and auto-classify documents in a short time, ensuring that you never have to deal with the consequences of missing documents.
- Complete documents
- Auto-classification of the fetched documents
Efficient Task Assignment & Task Management
Efficient task management is as important as the tasks themselves. It directly affects your team’s productivity and ability to meet deadlines, leading to customer satisfaction. However, from assigning tasks and checking their progress to prioritizing them, it stacks up to be a lot of work. The task management feature complimented by the Kanban board view lets you do all of it easily.
- Achieve your productivity goals
- Meet the deadlines
- Gain client satisfaction
Real-Time Immediate Updates
Internal auditors, compliance officers/managers have to compromise on the timely completion of administrative tasks due to the need to constantly follow up with their clients to get updates about the uploaded documents. This extra work distracts them from the main tasks, impacting the organization’s reputation. The instant updates feature cuts down the need to constantly follow up with your clients to know if they have uploaded the documents or not. As soon as the document is uploaded, you’ll receive the notification.
- No waste of time
- Always stay updated
- More focus on important tasks
Managing Compliance of Multi-National Organizations
With the evolution of the digital world, different ways of working have been introduced, including on-site, hybrid, remote, and freelance. But it shouldn’t affect your compliance tasks in any way. Considering different forms of working, ComplyNexus lets you collaborate with your team from anywhere around the world. The goal is to make file-sharing, communication, and compliance document management easy irrespective of where your team members work and audit.
- Flexibility to work from anywhere
- Improved collaboration
Summarized Control’s Requirement
Organizations often struggle with meeting the compliance requirements because they aren’t sure about the compliance controls. Not all compliance controls are easy to understand and implement. Let ComplyNexus summarize the complex compliance controls for your better understanding. Stay ahead of your competitors by understanding and implementing what others don’t.
- Certainty about the compliance controls
- Easy implementation of the compliance requirements
- Simplified control management
Evidence Documentation Management
Only meeting the compliance requirements, policies, and standards isn’t sufficient. You need to keep evidence, proving that you have done your job perfectly. Collecting, organizing, and presenting evidence to support your compliance efforts becomes a breeze with ComplyNexus by your side. The evidence documentation lets you maintain transparency and accountability.
- Proof provision
- Minimized worries
Ending Note
ComplyNexus is no less than a best friend to the internal auditors, compliance officers/managers struggling with complex compliance document management processes and running short of time for their strategic tasks.
Start your demo now to claim its never-ending benefits that aren’t limited to time and cost savings, live reporting and analytics, easy control management, alignment with ISO 27001 standards, and scalability and adaptability.
