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Mastering Governance with good compliance
The South African business landscape is not easy to navigate. There is consistent changes to the regulatory environment that require compliance. New regulations are being introduced rapidly and the responsibility for ensuring compliance is ever increasing in business.
It is important for businesses to ensure compliance with these regulations, however complex they are, because the price for non-compliance can be high.
Compliance made attainable
Businesses need to ensure compliance with these regulations, however complex they are, because the price for non-compliance can be high. The cost of no- compliance not only include hefty fines and trade sanctions, a business can face criminal charges, reputational woes and loss of lucrative opportunities.
Non-compliance across your enterprise and business network could result in exclusion from the tendering process and supplier database.
This can harm the opportunity to grow a business.
Implement good practices with the Transactional List - Companies Act 71 of 2008.
Stay ahead and never fail to ensure compliance with all of the relevant regulations with the help of technological interventions and solutions.
Assess the risks your business can run into and the opportunities that may arise with assistance that will guide your sound strategic business decisions.
Manage the pressures that increase costs for businesses, from the direct costs of regulatory violations to the indirect costs of failing to assess risks properly.
A Cost Free Compliance tool
Introducing the Lexis Practical Transactional List - Companies Act 71 of 2008.
A cost-free solution to achieving effective compliance and transactions tracking.
As a South African business that is concerned with regulatory compliance and effective risk management, learn more about these processes and structures that will assist you in keeping your compliance in check.