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.
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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.
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This initiative furthers NRL’s contribution towards the Digital India Mission and induces greater transparency in its operations.