SOLUTIONS

The cost of maintaining compliance runs approximately $10,000 per employee. Financial Services has seen compliance costs increase every year. WorkLink Software Financial Services Solutions help drive down the risks  and costs of compliance.

Audit costs and compliance for many government agencies put a strain on budgets.  WorkLink software provides solutions for FedRAMP,  CAFR, AFR, Budget Books, State Controller’s Report, Monthly and/or Quarterly Management Reports, Working  Papers, that automates many of the repetitive tasks and helps reduce risks and costs.

The cost and risk associated with Tech Transfers in the life sciences market is for many start-up firms challenging.  The time taken for audit and compliance reviews can be expensive and long. WorkLink Software leverages its system of work platform to  provide a simpler, more secure way to manage your work process and documentation leading to faster approach for tech transfer.  

Compliance Excellence requires companies to support a risk culture throughout the organization while maintaining control.  Increasing regulations, internal and external environment complexity, and stronger client awareness are putting pressure on companies to have an integrated platform to capture risks and ensure compliance while keep costs at a minimum.  WorkLink Software Solutions provides Compliance Excellence Solutions for:

• Anti Money Laundering,
• Anti-Bribery and Corruption
• Data Security and Data Privacy 
• Complaints and Claims Management 
• Fraud Management 
• Customer information and PII
• Distribution and selling practices 
• Conflict of interests 
• Anti-Trust 
• Transparency of contracts
• International Taxation regulation  
• Company internal regulations
• Qualification and/or certifications
• Ethical codes 
• Quality certification

Environmental, Social and Governance (ESG) is an emerging issue for many companies in 2021 from a regulatory and governance perspective as it creates financial, operational, legal and

reputational risks.  Maintaining and demonstrating compliance and being able to demonstrate the process and procedures put in place to support the certifications is now becoming a requirement.  

Financial sector regulators now expect firms to manage the physical and financial risks that climate change pose, whether these relate to returns on investments, or the physical risks to insured assets. There are increasing expectations being placed on firms that they can demonstrate the management of these risks, as well as additional requirements on disclosures in annual reports.  WorkLink Software can help with the gathering of the information and the management of the documentation and process required to support ESG compliance.

Certifications are becoming increasingly important for companies for certain businesses to maintain their industry certifications.  The cost to set up and maintain and demonstrate compliance can be expensive without the proper platform to manage your system of work.  6AMLD, MiFID II, IFRS4,  IFRS 9, IFRS 16, FedRamp. ISO27001, GDPR  and CCPA are just a few the of the multitude certifications required to ensure your company can continue to do business.  WorkLink Software can help you manage the documentation and the supporting processes to help ensure you get and maintain the necessary certifications for your industry.