Importance of Compliance in Business

Taking steps to meet your customer, regulatory and legal obligations is most crucial for business success. Only fulfilling minimum requirements for 1 compliance might not be sufficient and would result in missed opportunities and not meeting minimum compliance requirements. Understanding the reasons for the various customer contracts, laws and regulations that govern your business will help you take advantage of benefits they offer while ensuring you stay in compliance at all times. Regulations have rapidly increased in recent years, where organizations must comply with in addition to other existing federal data privacy regulations.

Due to the nature of your business operations, it might be the case that you need to comply with multiple compliance's for example, ISO 27001 Indian DPDP and Data Privacy. 

A integrated compliance and regulatory framework provides a structured set of guidelines, standards, and best practices to help organizations achieve compliance with different laws and regulations. 

Metatron Infotech's application MetaSCROLL, helps you outline the regulatory compliance standards relevant your organization, customer and business processes . 

MetaSCROLL helps implement and achieve the PDCA - Plan Do Check Act and internal controls the organization has in place to follow to these standards. 

PDCA or the Deming cycle is a management methodology that aims to continually improve processes. This cycle is based on four stages: plan, do, check, and act. To adapt to market changes, improve efficiency, boost productivity, and meet the needs of your customers, having a method is required.

MetaSCROLL comprises of processes formulated under PDCA and assimilation of different standards, including the policies, plans, processes, procedures, registers, calendars, resources, training programs and systems used to manage the identification of and adherence to the relevant compliance obligations with which the organization can comply and meet requirements of the various standards such as ISO27001, Indian DPDP,  GDPR, ISO9001, ISO14001 to name a few.

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Do note that MetaSCROLL helps you implement and maintain compliance, but does NOT certify for a particular standard. Certification has and should be done only by an independent 3rd party agency or partner.