Legal and compliance are two interconnected yet separate functions. Legal focuses on the legal framework defined by a set of rules established and regulated by the government. Compliance concentrates on adhering to these rules.
Legal and compliance concepts commonly cause confusion, particularly in a business where one team handles both.
What is compliance?
Compliance is a term used to describe being in accordance with established guidelines or specifications, or the process of becoming so. Compliance can also include efforts to ensure a business is following both industry regulations and government legislation.
What is legal?
Law is a set of rules that are created and are enforceable by social or governmental institutions to regulate behaviour.
Difference between legal and compliance
Compliance teams work on following the law, and legal teams focus on if there is any breach of the law, regulation or restriction either by external or internal forces.
Confident compliance with Wise
Compliance can be confusing, but we make it simple!
- Contract review / creation – Our specialist compliance team is on hand to review and enhance your contracts or even create a tailored, compliant contract for your business.
- SLA reminders – The Wise Platform has been created to make being compliant as easy as possible, our software sends automatic notifications to your drivers every 10 months to resign their Service Level Agreement
- Audit packs – All documents that have been uploaded by taxi drivers can be downloaded into an audit pack for carriers or HMRC.
- Document storage – The Wise Platform enables you to store documents with limitless capacity, you can never run out of space! This means, drivers’ right to work, insurance documents, driving licences etc can all be stored safely and securely in one place, with easy access.
How to get started?
To get started with Wise, it’s pretty easy! Contact us here.