Here at Swyft Filings, we’re committed to providing customers with the right tools they need to succeed in the small business world. That means we strive to be there for customers beyond just the filing process. We understand that it takes a lot to keep a business in good standing, especially when it comes to business compliance. That’s why we’re always looking for ways to update the tools we provide, such as ComplianceGuard.
What’s New at ComplianceGuard: At a Glance
- We are updating ComplianceGuard, our business compliance management tool, with new features to help business owners stay in good standing.
- Business or corporate compliance means adhering to industry standards or policies and is a central part of keeping the advantages of your corporation or LLC.
- ComplianceGuard’s Minutes Manager is a new feature that makes it easier than ever to write, save, and access your business’s meeting minutes.
What is Business Compliance?
Business compliance encompasses the set of legal requirements, industry standards, and best practices that companies must follow to avoid legal and financial consequences. Small business owners must be aware of their compliance requirements, which include regulations related to business formation, taxation, employment, health and safety, and data protection.
Additionally, corporate compliance ensures that a company operates ethically and transparently, adheres to legal and regulatory requirements, and aligns with its mission and values. To establish effective compliance programs, small business owners must implement policies and procedures that promote compliance, provide regular training and monitoring, and have reporting mechanisms to identify and address compliance issues.
Overall, compliance is critical for small businesses to operate sustainably and avoid penalties, fines, and damage to their reputation. As a business owner, however, it can be difficult to track every requirement and filing deadline critical to corporate compliance.
That’s why many choose to leverage compliance management tools such as ComplianceGuard.
What Is ComplianceGuard?
ComplianceGuard is a tool available exclusively for Swyft Filings customers. Think of it as a one-stop shop that helps streamline your business compliance efforts. Located in your Swyft Filings dashboard, ComplianceGuard offers a variety of features aimed at helping you keep your business in good standing.
What does this look like for you as a Swyft Filings customer? Well, when you open your dashboard, ComplianceGuard will offer reminders on important documents your business needs to file with the Secretary of State, as well as the deadlines associated with each.
For example, you’ll be able to see when your annual report is due or get a quick explanation of the amendment process and how Swyft Filings can help you file those. You’ll also be able to start the filing process with us directly from that section and take advantage of our years of expertise in helping small business owners with corporate compliance requirements.
New and Updated Compliance Management Features in ComplianceGuard
We’re always on the lookout for ways in which we can update our tools to provide customers with the best experience possible. More often than not, this means we work to incorporate new features that we know will be particularly useful for our customers. That’s why we’re proud to announce key updates to ComplianceGuard that will help customers solve some common issues.
Meetings Manager
As you might already know, business owners or shareholders of all stripes must hold annual meetings and record meeting minutes to stay in good standing. This recordkeeping practice is critical for a small business to succeed in its compliance efforts.
Often, small business owners can let these important meetings run without the needed recordkeeping. It’s understandable; as a business owner, you likely have an array of things to worry about. ComplianceGuard’s new Minutes Manager feature can help keep you on track with business compliance.
Holding annual meetings and tracking the minutes isn’t a mere formality. You’ll be fulfilling specific state requirements and taking advantage of additional benefits, such as:
- Improve Tax Standing
- Dispute Resolution
- Safeguard Personal Liability (LLC)
- In the event of an audit, meeting minutes will be essential to making your case.
- Hearsay won’t be enough; solid proof, such as recorded meeting minutes, will give you a better chance at coming out on top.
- Keep the personal away and prevent piercing the corporate veil.
But how does it work? Luckily for the busy small business owner, this tool makes corporate compliance through recordkeeping easy. The process for using Minutes Manager is simple:
- Navigate to your customer account and click on the Compliance Manager tab.
- Locate the ComplianceGuard section.
- Locate the Meeting Minutes area and click File Now.
- Answer the Minutes Manager questionnaire to generate the document.
Compliance Manager
You might have noticed that reference to Compliance Manager. That’s the name of our completely overhauled interface that will serve as a complete compliance management system for Swyft Filings customers.
Compliance Manager will have easy access to pertinent information related to keeping your business in good standing when it comes to corporate compliance. This means timely alerts and the ability to jump straight into creating necessary documents.
Get Started with ComplianceGuard Today
Customers are already taking advantage of this tool to stay on top of important business compliance deadlines and keep the protections afforded by corporation or LLC status. ComplianceGuard is just one of the essential, valuable features Swyft Filings offers to those who incorporate through us.
