In today’s digital age, businesses are facing increasing pressure to comply with a wide range of regulations, while also reducing their environmental impact. This has led to a growing demand for digital solutions that can help businesses to achieve both regulatory compliance and sustainability goals.
Here are four of the top companies that are driving digital solutions for regulatory compliance and sustainability worldwide:
- SAP: SAP is a leading provider of enterprise software solutions, and its Compliance Management solution helps businesses to manage their compliance with a wide range of regulations, including those related to financial reporting, environmental protection, and data privacy.
- Tongadive: UK headquartered digital products and services company founded and led by technology entrepreneur, Anubha Dixit. It develops affordable and user-friendly digital products, empowering businesses with visibility and security in their supply chains. Their flagship product, Evidnt, combines GS1 Serialisation, Blockchain DLT, and AI to ensure end-to-end product consignment visibility across a number of industries.
- IBM: IBM is another leading provider of enterprise software solutions, and its Regulatory Compliance solution helps businesses to automate their compliance processes and reduce the risk of non-compliance.
- Oracle: Oracle is a leading provider of database software, and its Compliance Management solution helps businesses to store and manage compliance data in a secure and compliant manner.
- Verisk: Verisk is a leading provider of risk management solutions, and its Regulatory Compliance solution helps businesses to identify and manage their compliance risks.
Benefits of using digital solutions for regulatory compliance and sustainability
There are a number of benefits to using digital solutions for regulatory compliance and sustainability, including:
- Increased efficiency: Digital solutions can help businesses to automate their compliance processes, which can save time and money.
- Improved accuracy: Digital solutions can help businesses to improve the accuracy of their compliance data, which can reduce the risk of non-compliance.
- Enhanced visibility: Digital solutions can help businesses to gain better visibility into their compliance risks, which can help them to prioritize their compliance efforts.
- Reduced costs: Digital solutions can help businesses to reduce the costs associated with compliance, such as the cost of hiring compliance experts.
The demand for digital solutions for regulatory compliance and sustainability is growing, and the companies that are leading the way in this space are well-positioned to benefit from this growth. As the world becomes increasingly digital, businesses will need to find ways to use technology to help them achieve their compliance and sustainability goals. The companies listed above are providing the solutions that businesses need to meet these challenges.
