Audience
Organizations interested in a global compliance management solution to optimize their risk regulation and compliance processes
About Lawrbit
Regulatory Risks are amongst the Top 3 Business Risks globally as there are multiple Laws (Central, State & Municipal level) applicable to each business.
Laws are frequently changing, are complex, and involves multiple stakeholders (internal/external) to manage.
The Board needs to have oversight of their compliance and regulatory risks across the enterprise, which means understanding which Regulatory obligations map to which business processes, policies & controls.
Offered as SaaS, GCMS helps businesses create a centralized framework to proactively monitor Regulatory Risks across an extensive range of Compliance obligations from all applicable Laws; enabling the Board to efficiently manage control across geography, functional, and industry mandates.
Build on Twin Software Architecture, GCMS integrates Tech with Regulatory Intelligence & Updates for 1,000s of Laws, Regulations from 70+ Countries.
GCMS simplifies understanding and adhering to all Compliance obligations.
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Lawrbit Reviews
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"Amazing Software for Board of Directors, Functional Heads and Management to get visibility on compliance status at any given point" Edited 2021-09-06
Pros: The “Legal Resources” section of their software lists all compliance in the act, rule, regulation, etc and is very detailed and well put.
Act Definitions can be compared across all laws applicable Regulatory Updates are Real-time and very detailed and analytical which compares change against previously applicable.
Event Planner is amazingly intuitive and detailed functionality; something I have never heard or seen before.Cons: They have implemented Multi-Factor Authentication on GCMS; it asks for password and OTP when you log in.
Overall: Lawrbit Compliance Management Software was implemented at one of our large MNC clients having multiple locations across India and we got access to it for reporting client's compliance.
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Their support team is very prompt in reverting to any queries raised by us. The way legal compliance are described and categories basis action required makes it easier to understand