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 Advantages of eLCM®

 

eLCM® provides following utilities:

 

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Generates reports for the Audit Committee, Board of Directors and Independent Directors to facilitate audit of compliance.

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Provides effective control tool for senior managers and board of directors.

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Generates awareness of status of compliance based on risk.

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Automates centralised control of legal compliance management.

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Strengthens areas of weakness in compliances based on business impact.

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Provides a central repository of documents related to legal compliances.

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Enables event based monitoring of compliance requirements.

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Decrease in Fines / Claims / Compensations

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Decrease in Insurance premiums.

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Decrease in litigation costs

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Decrease in cost of managing relations with Authorities.

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Propensity of closure of unit / operations or revocation of permits leading to property damage, production loss, reconditioning costs reduced.

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Safeguarding shareholders wealth.

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Cost of brand value repositioning reduced.

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Showcase adherence to Corporate Governance norms and meeting corporate social responsibilities

 

 

"Chess is dedicated to provide comprehensive and integrated services that will enable organizations institutionalize legal compliance management and mitigate risks."

 
 

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