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>> Business Process
Compliance |
Compliance
Compliance is a word perceived
by individuals, teams and organizations
in various ways.
As per dictionary, "Compliance"
means:
- Conforming to a specification,
standard or law that has been clearly
defined
- Acting according to certain accepted
standards
- An act or process of complying with
a demand or recommendation
- Observance of official requirements
- The act of complying with a wish, request,
or demand; acquiescence
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Organizations need to
comply with and also set down compliance
norms; so as to run their business effectively
and efficiently.
The Compliance Infrastructure that a
company invests heavily in, include:
Business Processes at various levels of
business operations:
· Marketing and Sales,
· Customer Requirements, Customer
Care, Customer Service,
· Procurement of direct goods,
indirect goods and services,
· Supplier / vendor management,
· Production
and Operations, Execution Process, Delivery Mechanisms,
· Logistics, After Sales Service,
· Human Resource Development, HR
policies, Team / Organization Structure
Law and Regulatory compliance: These are
regulatory norms for a particular business,
as stated by the government. Some are generic
in nature and apply to all companies, while
others apply to specific businesses. Some
recent examples, applicable to businesses
in US include:
- SOX: Sarbanes Oxley came into law on
July 30th 2002.
- HIPPA: Health Insurance Portability
and Accountability Act of 1996 (HIPAA) |
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BizInt
Overview
Simext's BizInt
is a solution that caters to the need of
organizations to build and strengthen their
Business / Compliance Infrastructure. A
customized solution is drawn out based on
the requirements of the customer. While
supporting the integration of various
business processes, it helps track process
compliance at a granular level, across
various business functions.
BizInt integrates business processes
with functionality spanning inventory
management, manufacturing/ production
planning, tracking orders/ invoices/
shipments/ payments, sales/ marketing,
purchases/ suppliers, customer
relationship, business analysis/
performance, financial management,
accounting, etc.
BizInt and BizIntLite (scaled
down version of BizInt) solutions are bound
by the objective of supporting an
Organization's Business / Compliance
Infrastructure.
Solutions within BizInt Suite:
q
BizInt Manufacturing
q
BizInt Retail
q
BizInt Warehouse
q
BizInt Enterprise
For
"Benefits and an introduction" of BizInt Suite,
click here >>
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Customized Solutions as per
your specific and unique requirementsAre you
seeking a solution for some other business
processes?
- Leverage the experience of
Simext in Business Management Softwares
- Contact us and let us discuss
how we may be able to help you in achieving
your goals
To explore possibilities, call us; or you
may reach us at
info@simext.com
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