Maintaining the rules and regulations is important for any company in the present fast-paced business world. Therefore, it is important for Company Secretaries (CSs) who are working in different businesses to ensure that their companies comply with the norms of the authorities like the Ministry of Corporate Affairs (MCA) in India.
Various professionals are seeking software to help make their tasks easier with the rising rules and engaging paperwork, It has become more complicated to run businesses, with a requirement to file reports within time to the Registrar of Companies (ROC) and handle Limited Liability Partnerships (LLPs).
Gen Complaw by SAG Infotech is one of the trusted options among Company Secretaries. It has been made to assist with compliance related to ROC and LLPs, proposing a reliable and facilitated solution that supports compliance professionals in doing their jobs in an effective way.
Features that Make Gen Complaw a Best Choice
End-to-End ROC and LLP Compliance
The filing process of crucial documents gets easier with Gen Complaw and is the reason why the Company Secretaries choose it. Distinct sorts of forms are supported by it, like those for director approvals, financial statements, and annual reports, which makes it simpler for the professionals to get their work accomplished streamlined.
Automated Updates & Legal Compliance
It is the motive to remain compliant with updates in the company law and MCA portal forms. To ensure that the users stay ahead of filing the latest, legally compliant versions of the forms, Gen Complaw furnsihes the automatic updates to the software regularly. The same features lessen the burden of maintaining the track of the statutory amendments.
Document Management and Resolution Templates
Gen Complaw has arrived with the pre-built templates for the board resolutions, notices, and meeting minutes. The Company Secretary’s important time is being saved through this, who is required to draft, review, and keep distinct compliance documents in a financial year.
Bulk Form Preparation and Filing
Gen Complaw’s bulk filing feature to handle multiple clients or companies for CS professionals is much more effective. Users through the software can prepare and validate multiple forms at once through the software, improving productivity and facilitating more promising client servicing.
Secure Data Management and Backup
It is crucial to have effective security when dealing with the important data of the company. Gen Complaw supports the CS professional in keeping their confidentiality and integrity of client information through its features such as password-protected access, encrypted storage, and backup features.
Less Cost Compliance Management
For handling internal compliance, Gen Complaw offers a highly affordable solution that, by hiring additional staff or outsourcing, is not effective. The software assists with endless company filings under one license. This is the reason that makes it economically exceptional for CS firms managing various clients.
Why is Gen Complaw Recognised Among Company Secretaries?
Credibility and accuracy are important for a Company secretary. Penalties, reputation loss, or even disqualification may be the consequences of filing delays, errors, or missed compliance deadlines under the Companies Act. Gen Complaw is a reliable partner that improves the ability of the Company secretary to implement their responsibilities.
The support team of the software furnsihes the guidance through which any filing problems can be facilitated even for those professionals who are encountering high pressure with a strict deadline.
Comprehensive Compliance Coverage
Bulk Return Filing
Gen Complaw’s bulk management filings are a productivity boost for the CSs who handle multiple clients or group companies. It effectively enables to preparation and uploading of multiple forms.
Compliance Calendar and Reminders
The professionals are supported in filing deadlines by the built-in compliance calendar and automated reminders. The company secretary should prevent missing due dates as it may lead to penalties or legal consequences.
Regular Updates and Support
In line with the changing rules of the MCA norms, Gen Complaw furnishes automatic updates. The software support team is always ready to help its clients in resolving their queries.
Affordability and Licensing
The cost of the software is lesser compared to the other players in the market. It supports unlimited company profiles under a single license, which is beneficial for the CS firms in handling various clients.
Closure
Company Secretaries must proceed with software like Gen Complaw as they play an important role as a compliance officer, which is data-driven and prone to deadlines. The software improves efficiency and accuracy in filings. Gen Complaw is a recognised partner for the functions of Company Secretaries.
For most users, even after witnessing some limitations, such as a lack of cloud support and being Windows-only, the software’s features overcome these drawbacks. Gen Complaw is devoted to keeping the effective practices in corporate governance and statutory compliance in line with the rising complexity in compliance needs.
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