Core Integra is re-Engineering its Operating units as Profit Centers for Clients
Technology as we know is impacting each and every process when it comes to functioning of an organization and if those processes are linked to a platform, it simplifies ways of working.
Human resources is one of them from where employee related various process like on boarding procedures, code of conduct policies any incident reports or training sessions are managed. This is applicable for both large and small organizations.
To make your staff members complaint to all procedures and policies of the organization, it is important to have standard compliance and regulations in place to remain in business.
Ctrl F by Core Integra is a SaaS-based comprehensive Labour Law Compliance platform, has a strong presence in India especially in northern and southern markets. The company is looking to broaden its presence in the ever-evolving Eastern market and recently opened a new branch in Kolkata expanding in eastern markets.
Ctrl F has a strong presence in key metro cities like Mumbai, Pune, Bangalore, Chennai, Hyderabad and New Delhi. With the set-up of the new office in Kolkata, Core Integra intends to create job opportunities for the city’s talent pool in the areas of Operations, Business Development and Technology.
As an organization Core Integra has subject matter expertise in labour law compliance catering to over 500 Clients across 30 industries for the last 15 years. We have a strong research and operations team which is well networked and continuously updates Ctrl F with the latest regulatory changes and requirements.
Mahesh Krishnamoorthy, Managing Director of Core Integra, who also specializes in establishing and re-engineering business/operating units as profit centers by designing unique value propositions for Clients using lean processes, low cost-high impact solutions, and innovative technology.
Mahesh is a chartered accountant with over two decades of experience in the Financial Services, HR, and KPO/ITES industries.
He has successfully performed leadership roles with functional expertise in Business Development, Advisory, Project Management, Technology, Operations, Risk, Finance and Compliance. He has earlier been with leading brands such as ICICI Bank, ICICI Lombard, IDBI Bank, Angel Broking, Ambit Capital, and Mahindra & Mahindra before taking over the leadership of Core Integra.
Core Integra is into Labour Law Compliances and HR engagements, including Talent Acquisition, Payroll, Employee Benefits and Staffing solutions. It also offers proprietary technology solutions and is into RPA & AI through its subsidiary Core Integra Global. Core Integra is headquartered in Mumbai, with other offices in Pune, Solapur, Bengaluru, Chennai, Delhi and Kolkata.
Mahesh is passionate about developing Tier 2/3 locations in India in the space of BPO/KPO/ITES and mentoring Entrepreneurs/Startups in the areas of managing finances and marketing for growth.
While speaking to SMEVenture Mahesh Krishnamoorthy elaborated the concept of a SaaS based solution, which is user friendly. A decade ago when we initiated Ctrl F software which is also the first SaaS based full scale labour law compliance platform in India.
Mahesh says when Core Integra started operations, in those times compliances especially in the labour law domain was largely supported by regional or local players whereas Core Integra had the aspiration to be a national level player catering to all States in the country.
Manual and paper based processing would be a significant challenge to our growth aspirations hence we ventured into developing technology in this domain which was non-existent when we initiated the build and also advised as a non-starter by many practitioners in this space.
Today, the platform is offered under the services and SaaS model with over 7000 enterprise users across 30 industries using it for their regular compliance tasks.
CtrlF a SaaS based Comprehensive Compliance platform
Ctrl F is multi-faceted, on one hand it is a comprehensive execution platform for labor law compliances while on the other hand it offers complete coverage of all Acts, Laws, Notifications, and Circulars in its integrated e-library going beyond the labor law compliances. Ctrl F also has an integrated compliance management tool for enhanced governance and control.
Ctrl F easily tracks the ever changing environment of labor compliances and brings a centralized Compliance monitoring framework with a complete checklist of all applicable central, state and industry-specific laws says Mahesh.
The SaaS-based plug-and-play tool gives free access to 40,000 pages of the Indian labour laws; 1000+ Laws and Acts, 10,000+compliances, 20000+ legal updates, 1000+ register and return formats including approx. 200 bi-lingual formats and more.
Being an integrated governance, risk and compliance software, it manages contracts, litigation, risks, controls and audits. The software also tracks policies, procedures, SOPs etc. With automated alerts and triggers supporting the comprehensive dashboards and reports, the intuitive and easy-to-use modern design interface is designed for an enhanced visual experience.
In addition to this ‘we at Core Integra offers technology solutions in the areas of HRMS, Payroll, and Employee Benefits including Provident Fund Trust. In true sense, Core Integra, today, is already the largest RegTech platform with ability to integrate with third party software and subscribed to in a modular manner’. This kind of comprehensive yet flexible platform is not provided by anyone else in the Indian market as on date as per Mahesh Krishnamurthy.
Large Corporations to MSME’s, CtrlF catering to requirements of all sized Orgs
Ctrl F ensures all compliances are fulfilled, the process is transparent and record keeping is intact over multiple years. From an Employers perspective, real time information processing, 100% compliance adherence and reduced cost of compliance would be the key benefits.
Ctrl F can be used to monitor process and report all labor law compliances and the MIS can be used for any kind of analytics and insights which helps organizational decision-making process with higher transparency and reduced turnaround time. Ctrl F is suitable and can be adopted by organizations of any scale and size, whether a start-up or a large enterprise spread across all States of the country.
Future expansion plan at Core Integra
We have large expansion plans for the current financial year at Core Integra and the first priority is to increase the penetration of Ctrl F in the domestic markets say Mahesh.
We will be increasing our presence in at least 4 new locations every quarter of this year. There are a good number of product enhancements, new modules along with introduction of new age technologies like RPA and AI over the next 6-12 months. The aim is to enhance relationships with our existing 500+ Clients across product lines and also achieving 300% growth in new logos for which the teams on the technology and services side are being scaled.
On the international front Core Integra has some ambitious plans, but will take small steps at a time and this financial year we could look at expanding presence in 2-3 geographies as per Mahesh. We are also exploring inorganic growth opportunities with synergized product and services companies.