Governments across the world provide different mechanisms for companies to help with their compliance management processes. Australia has the Product Information Form for the F&B sector for this purpose. It has replaced the dated Excel sheet way of documentation, and its current version (V6) has made compliance that much easier. However, the process is still an exhaustive one, requiring software like BizCaps PIF manager which offers a comprehensive solution.
The introduction of PIF heralded a new era of sorts in Australia’s F&B industry. It served to remove the challenges plaguing this industry in terms of compliance for a long time. A measure created by and for the industry, its simple fill-up not only streamlines compliance but also provides a document of data verification by acting as the single source of truth.
There is no more filling of separate forms, like with PIF V5, for country of origin designation and other pertinent information. With added support for automation and better tech integration, there is no need to copy-paste relevant information from one Excel sheet to another manually every time a change occurs.
Information You Must Have About Your Information Form Manager
PIF V6 is a big step in the right direction towards easy compliance regulation because it details every piece of the necessary information. This feature is a double-edged sword, as it also means continuous management of a lot of data.
PIF V6 gets managed best using a software solution like BizCaps PIF manager. Understanding some crucial aspects of such solutions is necessary to get yourself the best one.
Data theft is a big problem in today’s tech-dependent world. Hackers are always on the prowl looking for their next target. An F&B company’s valuable data-laden compliance documents make for a very juicy target. Withholding and threatening to destroy those is sure to give them what they want.
Such a situation is preventable by using a PIF management solution that prioritizes security at every step. It will have end-to-end encryption so that only those whom you want can read them. Its cloud-based feature allows for added security.
It Integrates Seamlessly
You don’t have to modify your existing IT infrastructure merely to access this solution. Vendors go to great lengths to ensure that their solution is compatible with a wide range of hardware configurations. They also work to have their product integrate smoothly with a customer’s existing business management solutions.
Such integration also ensures that there won’t be any discrepancy when two businesses mutually interact for PIF exchange purposes. Those on a SaaS model can easily access the solution on a regular web browser.
Easy Data Accessibility
PIF V6 allows the setting up of a central data repository containing all the relevant data. Any authorised person can access the stored data using a multitude of mechanisms like smartphone apps and browsers.
A PIF manager can help with the setting up of this PIF portal and become the go-to channel for data access and management. Its cloud-based roots further add to its location-agnostic demand fulfilment.
Regulations can change on a whim, making compliance that much harder. A technological solution like BizCaps PIF manager that can stay with is the need of the hour, every hour for accurate and secure PIF management.