Being a frontrunner in adapting to and leveraging on digital technology for optimizing its procedures and operations, Numaligarh Refinery Ltd (NRL) took another step further in this direction by introducing Legatrix, a digitally-enabled legal and regulatory compliance and support service interface.
NRL is the first oil PSU to implement this novel system for streamlining its legal and regulatory compliance requirements, stated a press communiqué.
This cloud-based compliance management system was inaugurated by NRL managing director SK Barua at a Go-Live function held at the company’s Corporate Office in Guwahati, recently.
Legatrix is a one-stop solution for effectively managing the organization’s legal and regulatory compliances through monitoring control at different levels.
It encompasses the requirements of various laws like Labour, Taxation, IT, Commercial, Export-Import, Corporate laws amongst other industry specific laws. This online solution will support risk tracking and compliance on real time basis along with creation of a centralised repository, compliance calendar, auto-generated reports and certificates and immediate updates for legal and regulatory amendments, the communique further stated.
This initiative furthers NRL’s contribution towards the Digital India Mission and induces greater transparency in its operations.