We evolved as a legal tech company. Being a pioneer in compliance management, we aided Fortune 500 Indian companies to reduce compliance risk & strengthen corporate governance.
The major concern for the in-house legal team is to manage the dynamic compliance landscape and most of this is still done manually across organizations. Compliance risks for an organization include penalties, fines and even imprisonment at times. Staying abreast of the repository of compliance regulations and keeping it updated remains a daunting task for the legal team despite deploying extensive resources. Moreover, use of disparate compliance vendors may lead to duplicity and contradictory processes.
Our technology-driven compliance management software - Komrisk is accessible online. We are amongst the first to introduce a mobile app available on Android and iOS. The extensive experience of our lawyers across industries has resulted in the largest compliance database with more than 28,000 compliances with periodic compliance update.
Komrisk covers all enactments across all industries. It has an easy-to-use user interface with the online database and role-based dashboards, supporting management by exception and acts as a single source of truth of all associated compliance proofs.
Komrisk currently scores 68/100 in the Legal category. This is based on user satisfaction (97/100), press buzz (35/100), recent user trends (falling), and other relevant information on Komrisk gathered from around the web.
| The score for this software has declined over the past month. What is this? |
Regional Restrictions: Available across all geographies
compliance regulations database
compliance risk tracker
compliances online
Product recommendations, vendor rankings, market overview and tips on how to select Legal software for business. Published in April 2024.
Software designed for legal firms and other forms of legal businesses usually include many different features to assist you in running a successful legal business. Some of the functions include billing, invoicing, time tracking, alternative fee arrangements...
FREE DOWNLOAD Legal-Software-Buyer-Guide-2018.pdfKomrisk provides compliance support 8 hours a day, 5 days a week (8X5). Users will be able to send across their queries online and can also include a screenshot which can be of the compliance tracker if there is any issue.
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Different teams across the organization are able to access Komrisk compliance management software simultaneously.
Komrisk is a standalone compliance management software that provides all compliances online. Komrisk comes with a mobile app available on Andorid and iOS.
Komrisk is targeted at enterprises to improve their corporate governance and help them during their statutory audit by providing compliances online.
Komrisk provides compliances online in the form of a database at a client-specific workspace. Users are able to access from any location using an Internet connection.
A major issue faced our compliance team was collating the separate compliance database received from different vendors and having it updated as well.
Moreover, the internal compliance processes was done manually that results in the process to ensure compliance tasks being completed and storing the compliance proofs being very cumbersome.
This is the reason we opted for an online compliance management software that has all applicable compliances online. It acts as a compliance tracker and provides reports that allows senior management to have an overview of the compliance status. It also acts a storage of all compliance proofs online.
Komrisk requires the client to answer questions so that the exact list of laws and compliances can be ascertained.
Komrisk provides the applicable compliances online in the form of a database and keeps it updated as well periodically. It also acts as an online repository of compliance proofs and users can download them as and when necessary.
A compliance software also provides real-time reports that allows the stakeholders to have a bird’s-eye view of the compliance status.
