Over 90% Compliance Scores Achieved By Leading Security Vendors — Simpliance Case Study

 


The Problem Statement: For the client compliance team, the biggest issue of non-compliance was due to incorrect formats being used manually by the vendors. In addition, excessive audit costs, time spent, manual intervention and erroneous processes were also among other troublesome concerns, hindering compliance.

Simpliance Solution: The client moved to Simpliance’s revolutionary automated statutory audit platform driven by AI & Machine Learning technology. All manual processes were eliminated along with automation and customisation of registers. The vendors ran their audits on the S.E.A.L Engine and were able to correct all payroll non-compliance proactively ensuring error-free compliances. Vendors were successful in achieving over 90% compliance scores since Simpliance implementation, reducing costs by 50% and exponentially increasing audit speed.


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