Schedule Audits with BizproutX
Staying compliant with labour laws and governance regulations can be a challenging task for any organization. However, BizproutX offers a comprehensive solution to this problem through its innovative Schedule Audits tool. This tool allows clients to perform compliance audits in a timely and efficient manner, ensuring that they stay on top of their compliance obligations.
One of the key features of BizproutX’s Schedule Audits is the ability to perform audits from a desired month to the required month, as well as on a quarterly, half-yearly, or annual basis. This flexibility enables organizations to keep up with their changing compliance needs and provides a comprehensive view of their compliance status. The tool also specializes in initial audits, allowing companies to check their compliance status before starting out with BizproutX.
BizproutX’s Schedule Audits tool also helps organizations keep track of their vendors’ compliance with Contract Labour Regulation Act (CLRA) by conducting audits and generating reports and registers. This enables organizations to ensure that their entire supply chain is compliant and reduces the risk of non-compliance.
One of the biggest advantages of BizproutX’s Schedule Audits tool is the generation of statutory registers and return reports, which can be a time-consuming and tedious task for organizations. The tool eliminates the need for manual data entry, making the compliance process more efficient and accurate.
The Schedule Audits tool also provides clients with a 360-degree view of their compliance analysis, along with block charts and key compliance indicators (KCI) that highlight unit-wise compliance data, inherent risk, and residual risk. This information is further classified under different statutes to provide a clear understanding of compliance data.
To make sure clients never miss a deadline, Bizproutx also provides a compliance calendar that sends notifications prior to the due date of any remittance or return. This calendar is in an easy-to-use format and can be viewed right from the dashboard, ensuring that clients are always up-to-date on their compliance obligations.
In conclusion, Schedule Audits feature on the platform is a comprehensive solution for organizations looking to stay compliant with labour laws and governance regulations. With its flexible and efficient approach to compliance, organizations can focus on their core business activities and leave the compliance burden to Bizproutx.