Navigating through regulations or industry standards poses challenges for businesses, regardless of their size, due to the dynamic and diverse nature of these requirements. Sustaining up-to-date compliance with such standards is a demanding task for existing systems, incurring substantial costs for implementation and adherence. Conversely, failure to meet these regulations can lead to financial penalties and the erosion of stakeholder trust. For small businesses operating on limited resources and tight margins, these penalties can significantly dent their profitability.*
Besides, it affects their business because they cannot concentrate on providing their clients with excellent service on time. So there is a need for an effective and efficient solution that can help businesses comply with regulations without affecting customer service. Qoodo is a quality management and data tracking application that utilizes the latest innovative technologies like blockchain, AI, and cloud to help business owners remain compliant safely, reliably, and comfortably.
Qoodo is a multi-functional app that will cater to multiple industries as well as to individual users but with an emphasis on global food safety and labor standards. Besides facilitating continuous regulatory compliance, Qoodo strives to eliminate mandatory inspection and make data tracking easier, safer, and transparent.
This White Paper explains Qoodo, its functioning, and its utility in detail to help businesses manage their regulatory compliance and other data management tasks to save compliance costs, build stakeholder trust, and improve productivity as well as their brand image. It also explains how personal use of the Qoodo ecosystem would be a huge benefit for daily efficiency.
*You can find our glossary at the end of this whitepaper.