Compfie: Paradigm Shift in Compliance Management with Cloud - based Compliance Tracking System


Nagaraj Krishnan, Managing Director

In order to enable a thriving digital organization, GRC implementation is imperative. It is viewed as a structured approach to aligning IT with business objectives, where admini-strators can leverage the framework to enforce and monitor procedures, effectively manage risk and meet the compliance requirements. Large scale enterprises have already begun to put their solutions in place while the smaller organizations are waking up to a 3PL vendor for GRC solutions. Indian SMBs are signing up with compliance partners creating a bigger market for solution providers. The GRC market is proving to be quite the lucrative sector. Commanding one of the leadership positions in this domain, Aparajitha Software Services, headquartered in Madurai, meets every client’s compliance management objectives with its no-code SaaS compliance tracking platform Compfie that assists organizations of every size to adopt GRC practices with ease.

Aiding organizations to achieve profitability without losing sight of governance and risk, the platform’s adaptive frame work is built to embrace dynamic regulatory and procedural changes thereby helping organization stay audit proof. The highly customizable platform has been developed with a broad spectrum of features, some of which are: a holistic view from unit to global level compliance status,compliance yardsticks and company performance rating, deep GRC view with drill downs views till
last mile geographical and department level, a one stop for all details with built-in forms and sub clause information for task completion, easy structuring of task delegation, deployment and authentication in parallel with the organizational structure, and all licenses and certifications being up to date. All the information is directed to the right people in the organization. Moreover, taking an added step of precaution, another key feature is that it is a fool proof system with multiple approval mechanisms for authentication and mitigation.

"Aiding organizations to achieve profitability without losing sight of governance and risk, Compfie’s adaptive framework is built to embrace dynamic regulatory and procedural changes, thereby helping organizations stay audit proof"

With a perfect blend of advancing technologies, domain experience and industry rich expertise, the company now has over 1000 clients pan India and caters to a broad spectrum of industries ranging from automobiles, retail, FMCG, chemical, iron and steel, garment and textiles, BFSI, construction and infrastructure and hospitality. “One of my key responsibilities is to bring to fore all our expertise and decades of experience in compliance management to the new economy and at the same time make the organization stay agile and nimble like a startup,” informs Nagaraj Krishnan, Managing Director of Aparajitha Software Services.

Having gained a strong foothold in the Indian market, the company is looking at expanding its reach in the APAC region as the go-to GRC platform. Nagaraj reveals the rest of the company future plans as he signs off, “Taking forward our Productization and Accessibility agenda, we are working to bring forth Compfie LAW which is a GRC Knowledge repository, with all the required information equipping client GRC and last mile teams to function efficiently.”