The time has come when companies can no longer turn a blind eye to the importance of regulatory and operational compliance. The need for an experienced and reliable regulatory compliance support provider is growing daily. Understanding this situation, Simplifya, a regulatory and operational compliance provider, has developed a software platform to fulfil the regulatory needs of modern businesses. Founded in 2016 in partnership with the Vicente Sederberg law firm, Simplifya is a leading regulatory and operational compliance software platform serving the cannabis industry. They are dedicated to providing user-friendly software that makes it a lot easier for the cannabis business to stay compliant with regulations.
In the cannabis industry, falling out of compliance can result in fines and damage the reputation. In some severe cases, it can shutter the business and cost the firm its license. Simplifya helps enterprises understand the landscape of cannabis compliance and provide simple steps that ensure every employee operates in compliance, maintains and demonstrates the company’s history of compliance, holds employees accountable, remediates any potential issues, and ultimately mitigates the risk associated with non-compliance.
Simplifya offers an audit feature that helps licensed operators protect their licenses and business from operational and regulatory compliance risks. The dedicated team of cannabis regulatory analysts takes the state cannabis regulations, convert them into simple questions, and then categorizes them by license type. It allows the users to generate a compliance audit tailored to each business to identify areas of non-compliance quickly. Also, they provide solutions to restore compliance, and the technology helps assign remediation tasks to the team members, creating a culture of compliance and accountability. Regularly scheduled self-audits can keep the license in good standing and could save thousands in fines or penalties. Simplifya’s regulatory experts will help businesses do the heavy lifting for the compliance team.
Standard Operating Procedures (SOPs) are necessary to ensure that the business runs efficiently, effectively and legally. Simplifya’s team of analytical and regulatory experts creates generic and license-specific SOP bundles with everything a business needs to get up and run immediately. Their SOPs ensure cannabis compliance and give a comprehensive base that can be customized to meet any specific needs. The SOPs created by Simplifya include risk assessment and management processes which helps the costumers to stay ahead of any potential risks while quickly identifying and correcting issues that might arise unexpectedly.
Smart Cabinet is a compliance document management solution offered by Simplifya. It is said that 90% of cannabis compliance is documentation. Keeping, organizing and making sure none of the documents is expired. Simplifya offers a user-friendly and convenient Smart Cabinet online document storage hub that helps to eliminate the worry and stress of organizing and storing critical documents. It provides a cheat sheet of every document one needs on file. This intuitive interface first organizes the files by location, controls who can access the documents, assign documents to employees, and sets reminders for when a file needs to be updated.
The License Tracker is explicitly built for tracking cannabis licenses. It takes the guesswork out of document tracking and renewing, so compliance managers never have to worry about missing a deadline. The solution helps store all relevant information in one place. It also makes the renewal process as simple as possible by keeping everything in one location.
Simplifya Verified is a cannabis license verification service that provides companies serving the industry, financial institutions, insurance companies, and licensed operators with yet another layer of compliance confidence. Simplifya Verified collects data from the state agencies that issue the licenses and presents the data in a consistent, easy-to-search manner. The in-house data processing team manages and monitors over 60,000 license records. The solution is a critical step in risk mitigation efforts, allowing organizations to protect their investment or partner with licensed operators fully.
Simplifya serves licensed operators, financial institutions, consultants/lawyers, Cannabis compliance for insurance, and Cannabis compliance for governments.