Why is compliance software important? Why do many companies apply it in all their activities? Of course, there is a reason and that is to comply with all binding requirements and standards (for the company) and avoid risks and sanctions.
But what is compliance software?
It is software that helps organizations or companies that use it not to ignore any regulations, laws, and standards (related to the company’s activities). Thanks to such compliance software, compliance actions can be carried out automatically. In general, a modern company can be required to comply with hundreds to thousands of items and it is almost impossible to do it manually, even by a group of trained people.
A compliance software that is integrated with the company’s internal system can guarantee that the company is able to comply with every obligation, both external obligations and internal obligations which are usually in the form of signed contracts or the company’s obligations towards its employees.
The key importance of any compliances software is the simplification of the process of complying with obligation items and of course, the database containing those items, which is integrated with the software’s automated actions.
But which compliance software should you choose?
This is the next question and the fact is that many companies fall into the trap of “buying” the wrong software. Wrong in the sense that the software has striking limitations in automating compliance with obligations. For example, compliances software with a liability database that has not been updated for years. This software is certainly not relevant to use because in many countries obligations are always updated within a certain time frame. For example, once a year or every few years, and that can amount to hundreds or thousands of obligations. So what kind of compliances software is recommended? Or more precisely, which compliance software is best?
We introduce Nimonik as a provider of automated compliance solutions for your company!
Nimonik Inc. is a compliance software development company for EHS (Environment, Health, and Safety), EHSQ (Environment, Health, Safety, and Quality), and ESG (Environment, Social, and Governance). This is a compliance software company based in Canada but has offices in Shanghai and Calgary. Supported by 40 experts who are part of one solid team, it cannot be denied that one of the best compliance software vendors that can be found today is Nimonik Inc.
But what are the advantages of Nimonik compliance software?
The next question is why Nimonik? Why choose Nimonik as your compliances software vendor? What are the advantages?
First of all, the quality of Nimonik’s compliance software can be proven. By the company’s acquisition of Envitool Shanghai Management in 2017, MediaLogic Inc. in 2022. And Templegate Information Services Publication in 2023. Then if we check the list of companies. That have been using this software, we will be convinced that Nimonik is not just any vendor. Big names like Coca-Cola, Adidas, Bayer, and Caterpillar cannot be ignored!
Then we will discuss in general about the compliance software itself
Nimonik compliances software offers what is called an integrated compliances system. This means that external obligations can be synchronized with the company’s internal obligations so that everything can “move along” without interruption.
Nimonik compliances software also has the most comprehensive liability database with 400,000 regulations. 40,000 standards, and audit checklists for more than 2,000 standards and best practices. These amounts are not owned by any other software. And if all that wasn’t enough, Nimonik makes sure every update to each item isn’t missed. With all its supporting resources, Nimonik is very suitable. For every company with a number of employees between 500 and 25,000 people.
Compliance software is a must-have for modern companies and in real applications. Nimonik offers several things that other compliances software vendors cannot provide. The super complete database, updates, and integrated system are not easy to duplicate!