Propylon TimeArcŪ Platform Enables Clients to Navigate Regulatory Change Effectively
Harrisburg, PA, May 11, 2017 --(PR.com
)-- The constantly changing regulatory environment makes it difficult for professionals to keep track of and understand regulatory changes. Given the volume and complexity of the changes that take place, and all the different versions of documents that are formed over time, it can be a confusing task trying to understand these changes and keep on top of which regulations apply when. Before now, there hasn’t been a scalable or effective way to track updates to ensure compliance with the latest standards and regulations, nor a way to ensure that these changes are fully understood.
The Propylon® TimeArc® platform provides a solution. Using patent-pending point-in-time technology, it offers a centralized location for clients to monitor regulatory changes, identify emerging risks, and compare different versions of documents at any given time. It improves accuracy and efficiency while lowering costs. Features include data visualization such as heat maps which help break down complex legal changes that are easy for clients to digest at a glance. The Propylon TimeArc platform is the only solution on the market that offers game-changing point-in-time functionality, enabling clients to gain a competitive edge.
Propylon has partnered with leading publishers and legal professionals to provide a platform that can automatically track changes while giving professionals peace of mind that they won’t miss any changes while having the option to filter notifications so that they are not overwhelmed with information overload. In addition, this solution reduces the complexity of regulatory change with in-depth explanations, annotations and commentaries, provides powerful analysis tools to simplify views of regulatory change, reduces the risk of non-compliance for businesses and organizations, and enables faster and more accurate research in point-in-time regulations for audits and litigation cases.
Partnering with Propylon
The Propylon TimeArc legal and regulatory intelligence platform allows legal publishers to create new products to make it easy for their subscribers to understand changes to their legal and regulatory framework. It facilitates launching innovative new products into the market to increase sales with minimal capital cost and effort.
Propylon has partnered with Wolters Kluwer to enable clients to identify regulatory changes quickly and efficiently, help avoid risk, and maximize profitability. Ben Snipes, Product Director of Tax Products at Wolters Kluwer Legal & Regulatory U.S. said: “Our collaboration with Propylon is part of Wolters Kluwer's ongoing effort to quickly deliver new capabilities aligned with customer needs as we integrate our world-class content directly into customer workflows."