Mumbai, October 24, 2017: PwC and CimplyFive are pleased to announce launch of a new secretarial automation platform called BLISS, to address the needs of listed and large companies to streamline and automate their secretarial processes and records management.
BLISS is a cloud-hosted software solution for company secretaries that automates repetitive tasks, acts as an e-repository for secretarial records and provides timely alerts to ensure compliance and good corporate governance. BLISS allows organisations to ensure real-time compliance with the provisions of the Companies Act, 2013.
PwC and CimplyFive will make BLISS accessible to clients to manage their procedural compliance needs under the Companies Act.
Suresh Senapaty, Chairman of CimplyFive, said, ‘BLISS is a platform build for promoting compliance and superior corporate governance in both large corporates and their subsidiary companies. Simple compliance dashboards, a prominent feature in BLISS promotes higher awareness and sensitivity among both the secretarial and non-secretarial players involved in realizing good corporate governance and 100% compliance.’
Neeraj Gupta, Partner & Leader – Risk Assurance, PwC India said, “Companies Act, 2013 builds on the several years of Indian experience in administering corporates by providing for self-governance through robust record-keeping and timely disclosures and forms to be filed. Streamlining and automating secretarial processes will help Company Secretaries deliver higher standards of governance and compliance. We are excited to partner with Cimplyfive as our teams bring the cumulative knowledge of leading practices and process excellence in the secretarial workspace through BLISS (technology application).
Shankar Jaganathan, Founder & Chief Executive CimplyFive said, “Building a quality software is only half the job. Reaching it to the clients is the other and the more important half. We are excited by the joint business relationship with PwC as it helps us reach a larger client base without diluting our focus on product development”
CimplyFive Corporate Secretarial Services Private Limited is a pioneer in offering research and technology based solutions for compliance with the Companies Act, 2013. BLISS (Board Leaders Integrated Software Solution), the company’s first product eliminates procedural non-compliance risk for entities regulated by the Indian Companies Act, 2013. More details about the company and its product BLISS can be obtained from www.cimplyfive.com
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© 2018 - 2019 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.