Process Compliance Made Easy
In any organization, procedures, and policies form the backbone of a healthy and productive work environment. However, it’s challenging to ensure that your team reads and understands essential documents. This lack of awareness leads to operational inefficiencies and compliance risks. In 2020 alone, global financial institutions paid over $10 billion in penalties for failing to adhere to regulatory and internal compliance policies. Narad is designed to make process compliance easy for businesses.
Why Compliance Matters ?
of organizations report negative outcomes due to low compliance maturity.
of businesses without continuous compliance report slowdowns in their sales cycle.
How Narad Elevates Your Process Compliance ?
Track the Unread
Narad tracks every document, providing management with real-time data on who has read and who has not.
Narad sends reminders to employees who haven’t engaged with important documents, ensuring consistent compliance.
Test the Knowledge
Narad automatically generates quizzes and tests based on your documents, to ensure that the documents are not only read, but also understood.
Tests are customized to emphasize the most critical aspects relevant to each role, ensuring focused understanding and retention.
Report the Results
Narad provides detailed reports showing who has read the documents, who has successfully passed the tests, and who may require further training.
Management can use these reports to identify gaps in understanding and take corrective actions, ensuring that every employee is aligned with standard procedures required for the role.
Empower Your Business with Comprehensive
Compliance Management
Narad not only addresses common compliance challenges but also actively enhances various aspects of your business, such as operational efficiency, regulatory compliance, and team performance.
Problem
Team members are unaware of the correct procedures, leading to errors, delays, and increased costs.
Solution
With Narad, team members are well-informed about their role-based standard operating procedures, leading to smoother operations and reduced errors.
Problem
Team members are not fully aware of the policies and procedures, leading to confusion, low levels of productivity and inconsistent employee performance.
Solution
Team members who are clear about policies and procedures perform their duties more consistently, leading to higher productivity and a more cohesive work environment.
Problem
Team members often overlook or misunderstand key company policies, resulting in inconsistent practices
Solution
Narad ensures that critical compliance documents are understood, maintaining a well-regulated work environment.
Problem
Inconsistent communication and varying interpretations of important documents can lead to confusion and discrepancies across the organization.
Solution
Narad ensures that information is uniform throughout the company. All team members read the same documents and pass the same test levels to guarantee a consistent understanding. This uniformity fosters clear communication and ensures that everyone is on the same page.
Problem
Management is uncertain about whether team members have read and understood important policy and procedure documents, leaving gaps in oversight.
Solution
No more guess work if your team members have read the important documents or not. Narad provides management with real-time data on document engagement, ensuring that critical information is acknowledged by all employees.