Compliance Software Solutions

8 Reasons to Buy Compliance11 Supervisory Suite

High Return on Investment: The Software-as-a-Service model allows the Company to provide the service at an attractive annual subscription price that can produce a high return on investment. Unlike most enterprise-based applications, there are no up-front enterprise licensing or implementation fees for the software. Tangible efficiencies are gained by supervisors in managing the compliance procedures and by employees in conforming to a firm's compliance procedures. By automating many tasks, firms can also reallocate supervisory staff resources to focus on exceptions and issue resolution.

Increases Transparency of Compliance Activities: A centralized repository of data and historic audit trails allow firms to quickly access and highlight compliance activities across the entire organization. Intuitive filtering features allow the compliance supervisor to search and display firm-wide activity all the way down to a single employee's activity.

Quick Implementation: As a Software-as-a-Service there is no hardware to be installed or maintained onsite. Compliance11's implementation specialists guide firms on how to import and upload data, establish thresholds and manage restricted and watch lists. The entire implementation process can take as little as a few hours rather than weeks or months to complete.

Easy-to-Use Software Application: Simple to use administrative features and an intuitive interface allow the application to be implemented and maintained by the compliance supervisor rather than a firm's information technology team.

Automates Manual Clerical Tasks: Built-in configurable rules allow firms to establish procedures and approvals by hierarchy and set alerts and notifications easing the clerical burden for the compliance supervisor.

Enables Directed Communications with Employees: Extensive filtering tools enable the compliance supervisor to email employees reminders and notices that target compliance groups or selectively target delinquent employees.

Manages Data for Regulatory Reporting: The intuitive interface enables firms to capture, document and manage all activity electronically including supervisor and employee comments, and file attachments. Reports can be generated in PDF or spreadsheet format allowing firms to quickly demonstrate firm-wide activities to meet regulatory information requests.

Remote Access for Compliance Management: Compliance supervisors can access the application remotely or on a wireless device enabling them to travel without disrupting the daily compliance management process. Employees can also access the application remotely enabling them to comply with firm policies and procedures in a timely manner. For multi-state organizations this capability allows firms to effectively manage employee affirmations and preclearance activities.