LLCS – Laser Legal Compliance System

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LLCS – Laser Legal Compliance System

Lex Witness Bureau | August 2016

Product Name: LLCS – Laser Legal Compliance System
Technical Specs: LLCS is a web-based application which will be installed at the client’s place and can be accessed through Internet or Intranet of the Organization. The basic requirements in terms of the hardware and the software for the server where the application needs to be installed is as below:

HARDWARE REQUIREMENTS FOR THE SERVER

Processor: Intel XEON 5160 Processor
Memory: 4 GB
Hard Disk: 150 GB (tentative requirement over a period of 4-45years)

SOFTWARE REQUIREMENTS FOR THE SERVER

Operating System: Windows Standard Server 2008 R2
Database: Microsoft SQL Server 2008 Express Edition/ License SQL Server with Database size around 250 MB
Web Server: Internet Information Services (IIS) 6.0 or higher
Dot net Framework: ASP.Net 4
MS Office: Word, Excel

BRIEF PROFILE OF THE PRODUCT

LLCSTM – LASER LEGAL COMPLIANCE SYSTEM

Laser Legal Compliance System provides a centralized, access-controlled environment for monitoring status of legal compliances you face. LLCSTM is a flexible web-based that brings compliance team, compliance owners and management on the same platform. LLCSTM establishes a transparent and uniform process for managing legal compliances of your organization.

KEY LLCSTM FEATURES

Dashboard: Get enterprise level, location level, risk category level, department level and law level status of compliance at a glance. Easily monitor status of critical and high risks category compliances.
Compliance Universe: Allows creating laws, acts, compliance and events that are applicable to your organization. Allows import of compliance to jump-start you with the application.
Time Based Compliance: Create reoccurring time-based compliance. Set the reoccurrence frequency and let LLCSTM do the rest. It will automatically trigger compliances to the right compliance owner year-after-year.
Event Based Compliance: Trigger event-based compliances when occurrence of one event is confirmed.
My Compliances: On one single screen, compliance owner can view list of compliance that they are required to comply in a week, a month or a quarter. One can update the compliances as complied and upload proof of compliance.
Knowledgebase: Organizes compliance information at one central place giving access to information when it’s needed the most.
Compliance Certificate: Compliance certificates can be created within the application at all levels to certify the compliances/non-compliances before the CEO certifies the compliances. Creates transparency and confidence in issuing compliance certificate.
Workflow: Built-in workflows to monitor and control decentralized compliance management. LLCSTM has best practice workflow to manage changes in compliance, compliance due date changes and extensions in compliance due date. Audit trails are managed at each step for one to investigate in the event if something goes wrong.
Automatic Reminders and Escalations: Automatic compliance reminder keeps compliance owners updated on upcoming compliances. Automatically escalates compliances that remain non-complied before “X” no. of days from compliance due date.
Reports: Compliance report gives complete compliance related information such as compliance due date, compliance owner, compliance status etc.
Complete control over Masters: Administrator of LLCSTM has complete control to configure the masters completely as per individual organizations requirement.

RECOMMENDED USAGE

Organisations where the number of compliances are many and the operations are Pan India with owners at all different locations then the implementation of LLCS is an ideal choice. It can be used by any company since it is an IT frame work irrespective of the nature of business or industry, whether Manufacturing, Finance, Consulting or Aviation, the compliance checklist can be customised and developed for each customer individually with the help of our Legal Partners.

PRICE & OTHER PROMOTIONAL OFFERS

The price of the solution is currently being offered as one-time charges for single company license with unlimited users. The application is capable for monitoring multiple companies in a group with separate license cost for each company.

PROFILE OF THE MANUFACTURER

Etrends Technologies serves as one of the reputed IT companies in India, to provide range of fully customizable solutions for corporate governance to suite the requirements of company. An 11-year-old company in the IT field, Etrends provides bankable software services in the area of Enterprise Business Applications.

LASER: Enterprise Applications by ETRENDS are content-enabled workflow solutions designed specifically for Enterprise Risk Management, Legal Compliance Management, Internal Audit Management, Internal Financial Controls Management. Highlighting some Products developed inhouse by Etrends:

The Software Products offered are under the Brand LASER :

Laser Enterprise Risk Management System (LERMS)
Laser Audit Reporting System (LARS)
Laser Legal Compliance System (LLCS)
Laser Internal Control Manager (LICM)

Some of the reputed customer who are using the “LASER” Products are Bangalore International Airport Ltd., Tata Motors Ltd., NSDL, Tata Chemicals Ltd. TATA Consulting Engineers Ltd.,TITAN, Godrej Group, JSW Group, Landmark (Lifestyle Group), Take Solutions, HCL Technologies, Air Nugini (PNG), Alcon 9 Nigeria) to name a few.

About Lex Witness

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