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SYSPRO’s Regulatory Compliance Software Solutions for Malaysia

In today’s digitally driven world, regulatory compliance has become a crucial aspect of businesses operating in Malaysia. With stringent regulations and standards in place, companies must ensure that they adhere to these requirements to maintain their reputation and avoid potential fines.

To address this concern, SYSPRO offers centralized regulatory compliance and reporting solutions that can help Malaysian businesses stay on top of regulatory demands. Our Enterprise Resource Planning (ERP) system integrates corporate governance, risk, and compliance (GRC) features, making it easier for companies to manage risks and ensure compliance with regulatory standards.

Securing System Administration

As a system administrator, securing your system is crucial to prevent unauthorized access. SYSPRO’s ERP solution offers:

  • Multi-factor authentication
  • Single sign-on
  • Supplier web portal functionality

to ensure that only authorized personnel can access sensitive data.

Simplifying Manufacturing with Traceable Inventory

Effective inventory management is essential for businesses operating in Malaysia. With SYSPRO’s traceability feature, companies can track products and components throughout the manufacturing process, ensuring compliance with regulatory requirements and minimizing potential product recalls.

Customer Service Standards

Manufacturers in Malaysia are increasingly subject to product recalls, whether directly affecting their business or impacting downstream customers. To address this concern, SYSPRO offers:

  • Mock recall functionality that allows businesses to test their recall systems
  • Ensuring compliance with regulatory standards

6 Reasons to Connect GRC with ERP

Here are six ways Malaysian manufacturers and distributors can improve visibility, manage risks, and meet compliance demands using SYSPRO’s ERP solution:

  • Tax Compliance: Our ERP system helps companies manage taxes and withholdings more efficiently, ensuring compliance with local regulations.
  • Financial Reporting: SYSPRO’s ERP software provides business analytics tools that offer transparency across the organization, supporting GAAP, IFRS, and local regulations.
  • Sustainability and Value Creation: With SYSPRO’s ERP solution, companies can track performance against sustainability objectives, such as social and eco-friendly practices.
  • Custom Protections and Audit Trails: Our system offers:
    • E-signatures
    • Custom role-based permissions
    • Transaction-level audit trails to ensure data integrity and compliance with regulations like Sarbanes-Oxley and FDA 21 CFR Part 11.
  • Traceability: SYSPRO’s ERP solution provides full forward and backward traceability, enabling companies to manage product recalls and connect with customers and suppliers as needed.
  • Business Process Automation and Modeling: Our system enables businesses to:
    • Model and document key processes
    • Automate workflow for routine tasks
    • Create a complete audit trail of actions taken

More About SYSPRO’s GRC

To learn more about how SYSPRO’s governance, risk, and compliance solutions can help your business in Malaysia, please visit our website or get in touch with us today.