Avantis Regtech Pvt ltd.
Avantis , a TeamLease Company, is Best Compliance Software Provider company enabling Ease of Doing Business for over 1,100 legal entities across 28 States and 9 Union Territories. Avantis offers state of the art multi-tenant, SAAS solution on its web and mobile platforms, enabling a transparent, accountable and efficient risk and compliance management.
RuleZbook, by Avantis is India’s leading mobile App for National, Real Time, Comprehensive and Personalised Compliance Updates. It is available for IOS and Android Platforms for a quick download and easy self on-boarding.
Compliance Software Provider :
RuleZbook is a feature rich native mobile app which is integrated with India’s best and most comprehensive Compliance Database under compliance software provider. Its universe of over 1,100 Acts and 58,000 Compliances are updated typically within 24 hours of release of an update. In 2019, RuleZbook captured 3,029 Compliance Updates across Central, State and Local Compliance Categories.
RuleZbook gets updates from over 2,000 government websites daily. A strong team of 40 lawyers analyse these changes and tag them with Location (Central / State), Industry, Category, Ministry, Act, Compliance, Government Department and Keywords.
How does it Work?
A user can visit their App Store (IOS) or Play Store (Android) and download RuleZbook. They can create a User ID by using their mobile number and self on-board themselves by selecting Central / States, Industries and Compliance Categories. The system identifies the relevant Acts & Compliances and adds them to the User’s watchlist. The user will start getting the relevant updates via notifications.
Current Situation and Need :
The global trend towards better corporate governance has echoed in India as well. There are greater scrutinies and higher penalties. The traditional model of compliance management through manual tracking has become a key constraint, leading to increased sins of omission (missed compliances) and sins of commission (incorrect compliances). Central, State and Local Governments publish thousands of regulatory changes on their own websites. There is no central repository for all the updates. It is left to the Compliance officers to know these websites, visit them periodically, find an update, interpret it and take necessary action. Compliance Officers need Timely, Accurate and Personalised Compliance Updates to ensure that the organisation stays Compliant.
For more details, visit : https://www.avantis.co.in/