9 Reasons Why You Should Establish Compliance Automation In Your Company

Posted by Sergio Esteve De Miguel on Jun 11, 2020 8:45:00 AM
Sergio Esteve De Miguel
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Going to the local jurisdictions and wasting your precious time on the administrative processes for compliance regulations is a matter of the past!

To check if your business complies with the latest regulations, you can log into a platform and make this whole exhausting process a piece of cake.

Believe us, the document automation software is all that your business needs to eliminate compliance mistakes and direct your business operations toward success!

Now, let’s see why you need compliance automation in greater detail!

 

1. Minimize human errors

Every business action has a risk of a human error. However, the compliance regulations are the riskiest ones as you can be heavily fined for not following the laws related to your industry.

And this fact is especially important for legal practices, healthcare industry, and large businesses that usually have the most regulations. Also, they are updated very fast.

Therefore, you need an extremely reliable and punctual person who will be responsible for these kinds of tasks.

But, even the best employees sometimes make mistakes. And in this case, they can cost you too much!

Your business can suffer from a bad reputation and even be closed. Thus, all your efforts can disappear within one day!

Luckily, there is a document automation software that can eliminate human error. You only need to set up the basic forms and rules that software will repeat each time you need to check if your existent and future practices comply with the most recent law!

Read about what is document automation

 

2. Have a total overview of the compliance process

Now you can have full control over your compliance regulations! Everything is perfectly streamlined as you can have an easy-to-use interface where you can find each document that you currently need. And not just you, but your team as well!

Your employees can be regularly up to date regarding the relevant documents and operations so they know what are their current and future tasks.

This further guarantees optimal task organization. They will know what you need better, as the relevant information will always be there. Thus, you will rid yourself of all the unnecessary repeated questions!

 

3. Everything is in one place

Forget about chasing the various compliance documents throughout your company departments.

Every single document will be stored on your compliance automation software. The best thing is that you are in charge of it and not some cloud company that can change the settings or pricing each time they feel like it.

You just need to click few buttons, and voila, there is everything you want! Imagine that you don’t need to worry about losing important documents ever again. Sounds quite relieving, right?

We think that you already have a lot on your plate while running your business, therefore any help is very welcomed.Do it Yourself by bigle legal

4. Better employee coordination

On the compliance automation platform, your employees can upload, edit, or delete documents.

Also, after the completion of each action, they will notify you and other teammates. In that way, all your employees will know when is their time to act. That saves you from paying for all the heavy administration processes. And saves everyone from the exhausting repetitive tasks.

 

5. Email insecurity

When there is no compliance automation software there is emailing all the highly confident material, as you will be sending and recieving those contracts and documents freely on the email. And you might have heard that the company, precisely employee emails are the most vulnerable to hacking.

Email phishing is the most popular technique among hackers who want to steal your company data and cause you millions of dollars damage. Therefore, why not save yourself from these kinds of highly destructive troubles?

 

6. Relevant information search

When everything regarding compliance regulations is stored in one place, that only means that you need to search for relevant information only there!

That said, you will be able to save the incredible amount of time you would spend checking on the compliance progress otherwise.

 

7. Approval process burden

Oh, this one might be the most time consuming of them all! Imagine how much you can finish within a day if you don’t need to wait for the approval.

You can avoid chasing the relevant personnel, which you might know can be extremely annoying and last for days. With compliance automation, you can skip all these obstacles.

By directing these tasks to the right people on the platform, you won’t only be able to know when it is finished. You will also know that it is done with quality.

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8. Specific industry compliances

Some industries are more regulated than others. Having a legal, healthcare or financial business means that you will need to take more care of your compliance regulations. These industries have more additional regulations that need to be checked all the time.

This further means that all your compliance work processes will require more routine operations. Routine always causes employee frustration over time.

Also, why should you spend more on salaries for repetitive tasks if you can have the software for it? Avoid all the frustration and bad employee practices that can cost you only more. Start using automation software.

 

9. Why should you try a Bigle Legal FREE demo version?

We are not here to sell you promises. We are here to provide a document automation solution that has a proven track of record. You might still be not sure if it is effective. Therefore we offer a free demo version so you can see for yourself!

Topics: Document automation, Legaltech, Robotic process automation, documents, Regulatory compliance, compliance


Posted by Sergio Esteve De Miguel on Jun 11, 2020 8:45:00 AM
Sergio Esteve De Miguel

Sergio is the CMD and the co-founder of Bigle Legal, an innovative legaltech startup from Barcelona. Together with his brother, he wanted to combine their expertise in business and technology to transform the legal industry. Sergio believes that technology can change the way legal professionals approach their jobs and make their work life much more enjoyable and productive.

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