The regulatory landscape facing companies today has become increasingly complex and demanding. Year after year, new reporting and control obligations arise that organizations must comply with, from updates in tax information systems to the implementation of new taxes and fees.
This proliferation of regulatory requirements places a considerable administrative and operational burden on companies, which must devote significant resources and effort to keeping up with regulatory changes.
Each new obligation involves additional reporting, filing and document management processes, which can divert companies’ attention from their core activities and increase the risk of non-compliance and penalties.
In this context, having an integrated solution to automate and centralize compliance management has become a pressing need for organizations looking to streamline their processes, free up resources and ensure compliance in an efficient manner.
What is Bidalnet Compliance Platform?
Bidalnet Compliance Platform is the comprehensive compliance platform developed by i3s, a company specialized in SAP business management solutions. Bidalnet Compliance Platform is built on SAP DRC (Document and Reporting Compliance) technology, which allows you to consolidate in a single solution the management of multiple regulatory obligations that affect companies today.
Through Bidalnet Compliance Platform, organizations can automate and centralize key processes such as reporting, declaration submission and document management related to requirements such as SII, TicketBai, Batuz, Verifactu, e-Invoice, Plastic Tax and product notifications to ECHA.
This integrated platform provides companies with a holistic view of their compliance status, enabling them to streamline their workflows, improve data integrity and significantly reduce the risk of non-compliance and penalties.
By freeing teams from the administrative burden associated with compliance, Bidalnet also allows them to focus on activities of greater strategic value to their organizations. Bidalnet is presented as a comprehensive and scalable solution that helps companies efficiently address the growing challenge of regulatory compliance.
What regulatory standards are integrated in Bidalnet?
An integrated regulatory compliance solution such as Bidalnet can cover a wide range of regulatory obligations, including:
Tax reporting obligations
- SII (Immediate Provision of Information)
- TicketBai
- Batuz
- Electronic Invoice
Control and traceability obligations
- Verifactu
- Plastic Tax
Product notification obligations
- Product Notifications to ECHA (European Chemicals Agency)
Bidalnet Compliance Platform offers companies a comprehensive and scalable solution to ensure their compliance obligations in an efficient and strategic manner.
Advantages of Bildalnet Compliance Platform
These are some of the advantages offered by Bidalnet Compliance Platform, our integrated compliance solution.
Centralization and automation of compliance management.
- Integrates all reporting and control obligations into a single platform.
- Automates key processes such as report generation, statement submission and documentation management.
- Enables companies to save time and resources by unifying compliance management.
Data integrity and security.
- Ensures reliability, traceability and protection of information essential for compliance.
- Meets the highest security standards to safeguard the organization’s critical data.
- Reduces the risk of errors and loss of information.
Agility in the processes.
- Streamlines and accelerates workflows related to regulatory reporting.
- It allows companies to meet filing deadlines in an agile and efficient manner.
- Reduces the risk of penalties and fines for non-compliance.
Resource release
- By automating and simplifying compliance management, companies can reassign their staff to tasks of greater strategic value.
- Reduces the administrative and operational burden associated with regulatory compliance.
- It allows organizations to focus their efforts on key business activities.
Visibility and control
- It provides companies with a comprehensive, real-time view of their compliance status.
- Facilitates monitoring, control and decision making related to regulatory obligations.
- Improves organizations’ ability to anticipate and adapt to change
