VComply Pricing, Features, Reviews & Comparison of Alternatives

I could keep track of all the compliance related operations in my team. We are a team of more than 20 people and often work independently in departments, VComply helped in keeping track of all that was going on and who was doing what and who was failing to do something. All the documents could be kept tracked of in one place and we were able to easily find them out when needed. It also helped us keep track of a department as a whole and not just the performance of individual members. The dashboard was extremely easy to understand and there was no in-depth analysis needed anymore of the team anymore, every responsibility was fulfilled with a proof of documents. It helped me manage my team very effectively.

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When I first learnt about their pricing, I was mind blown! I had received a quotation from about 7 different providers and VComply was the one with the best offer. The number of services we were getting for the price was unbelievable at about 1/3rd of what others offered. Sure, we did have our concerns but VComply managed to pull through. The customer service was on point. I think we'd taken about 4 demos through almost 5 months before we finalized with them. It never felt like they were in a rush to close the deal. They'd been very cooperative and patient through the whole process and also helped us with the on-boarding.

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Pros - 1. Help tracking pending assignments 2. Every individual knows his assignments and the time frame for completing the same. 3.Automatic reminders does away with the need of reminding employees individually about their pending works. 4. Help analyzing the efficiency & time devoted for a particular assignment. Cons - 1. It would be great if day to day statutory updates can be incorporated. 2. V comply mobile app can help access assignments on the go. 3. Reminders come after the due date, if it comes on daily basis before due date then can help employee track work more efficiently. 4. The dashboard can improve providing employee wise assignments,etc.

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I have been using this software since last 18 months or so. It is a wonderful compliance software having features like predefined compliance templates and non compliance reporting. Stock Broking is one of the most over regulated business today with multiple compliance and hefty penalties for non compliance. This software has helped me in increasing my compliance level thereby saving in terms of both time and money.

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As mentioned above the software seems to be too simple in approach but as you go on with it you realize that it enables you and binds all stake holders totally and makes the compliance a very simple job. It works on the premise that there are responsibilities and there are people to take care of them. And it simply identifies all responsibilities and persons responsible for them and holds them responsible for their responsibility, truly an enabler for accountability. I wish Government of India puts it in place for their Governance and Accountability!! Probably an additional feature like ability to import entities, people and responsibility would reduce the duplication of job for those using multiple user feature.

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