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Compliance today is more complex than ever. With labor laws, tax mandates, payroll regulations, and data privacy standards rapidly in flux, businesses are under intense pressure to maintain compliance with multiple jurisdictions. Conventional compliance methods-manual checks, reactive processes, siloed information-cannot keep pace with this dynamic environment.
In this episode of the Analytics Insight Podcast, host Priya Dialani talks with Pratik Vaidya, Managing Director and Chief Vision Officer at Karma Management Global Consulting Solutions. Backed with over two decades of experience, Mr. Pratik has turned Karma into a global leader in compliance, payroll, and workforce governance, heavily supported by technology-led innovation.
Pratik also mentioned that compliance is all about knowledge, but no organisation can manually keep track of over 500 central and state laws in India. This is the gap that technology fills by ensuring real-time compliance updates, automated checklists, data-driven insights, and anomaly detection.
Similarly, continuous controls, SLA monitoring, early warning systems, and site-wise heat maps are empowered by Karma's AI-driven CompliantGMT.AI and V-Checked. These tools enable the HR teams to move away from firefighting to foresight, anticipate risks, avoid penalties, and improve governance outcomes.
AI is not replacing compliance teams; it's augmenting their skills. The Managing Director and Chief Vision Officer explains how AI can perform tasks such as automated document extraction, mapping payroll and attendance data, validating vendor compliance, and flagging statutory anomalies.
Where big organisations operate in many places, AI ensures the accuracy, consistency, and integrity of compliance that mere manual processes cannot.
The technology stack at Karma Management reflects its core mission to make compliance continuous, data-led, and business-friendly. With evolving regulations, AI-powered platforms will be highly essential for organisations seeking efficiency, transparency, and risk-free operations. As Mr. Pratik summed up, “It’s always better to prevent penalties than explain them later, and technology makes that prevention possible.”
Listen to the entire discussion on the Analytics Insight Podcast and learn how to navigate the ever-changing landscape of workplace compliance with ease.
