Compfie to drive regulatory compliance
Aparajitha Corporate Services Private Limited has announced a partnership to position ‘Compfie’ as a holistic e-Governance and Compliance platform in Sri Lanka.
Aparajitha, India’s No.1 Service Provider for Regulatory Compliance, is venturing into the Sri Lankan market through a strategic alliance with Colombo-headquartered 3W Consulting.
Compfie has the ability to dynamically drive the regulatory compliance performance of an organisation and effectively monitors, triggers and supports the compliance workflow management, risk assessment, as an all exclusive audit tool, which can be used for top management visibility and also pre-loaded with comprehensive legal knowledge as per country specifications.
Compfie is designed to provide complete visibility and a bird’s eye view of the compliance status across Global, Country, State, Unit and Individual levels.
The company’s Compliance experts provide round the clock support in updating country-wise Industry specific laws and auto-configuring the software with an appropriate domain covering Laws under Labour, Employment, Industrial, Fiscal, Corporate, Commercial, Environmental, Health, Safety, and Industry Specific catering to large global organisations, medium and small firms.
Nagaraj Krishnan, Managing Director, Aparajitha, said, “Entering Sri Lanka was part of our business strategy for 2020-2021. The socio-cultural parallels between the two nations make the scope for business growth opulently clear.
“This foray is in line with our aim to become a significant player in the regulatory compliance space in the APAC region. We were responsible for setting up an organised regulatory Compliance industry in India 20 years ago and currently have more than 1,500 Corporates as our clients in India.”
“By setting foot in Sri Lanka, we are venturing into the Global Regulation Compliance space under the GRC digitised technology domain and offers a one-point solution for our MNC clients operating in Srilanka. 3W Consulting is a leader in the Enterprise Renewal, Transformational Consulting and Training spaces this partnership heralds the first step towards our vision to expand further in the region.
‘The similarities in the nature and applicability of laws, along with the commonality of the English language is definitely a plus point for us to venture into the Commonwealth countries,” he said.
With over 22 years of experience, 3W Group drives innovation and change in the Corporate and retail sectors in Sri Lanka and across the region. Over a short span, the Group has diversified & cascaded from its core consulting business 3WC to include several other businesses, such as 3W Global Education, 3W Academy, 3W Advisory, 3W Blockchain, and 3W International (TWI). 3W Consulting (3WC) is a leading enterprise renewal specialist that facilitates business change and enhances corporate performance through innovative and customized solutions for large-to-medium sized organizations.
With over 22 years’ experience in the consulting field, 3WC is a pioneer in transforming top tier blue-chip organizations in Sri Lanka. 3W consulting experience spans across 50 industries including hospitality, banking & finance, FMCG, retail, apparel, insurance, manufacturing, investment, government, etc. and have worked with a clientele of over 1000.
With a proven track record and wealth of experience in consulting, the company has conducted international projects in Maldives, India, Bangladesh, Bahrain, Cambodia, Vietnam, Hong Kong, Middle East and Africa.
“This partnership will change the face on how Corporates and Boards govern their compliance in the future,” said Stefan Moraes, Managing Director, 3W Consulting.
The Group also represents a number of International Digit Technology brands in the space of ERP, Workflow, CRM, Blockchain, HR Process Automation, AI and Analytics.
As per the initial roadmap, Aparajitha said it looks forward to entering Singapore, Australia and Indonesia in the coming months. The company is simultaneously exploring a foray into the UAE, UK and the US markets. fiinews.com
