Norm AI

What is Norm AI?

Norm AI is an artificial intelligence-based regulatory compliance platform. Norm AI utilizes intelligent agents to help organizations identify, evaluate, and manage compliance risks. These AI agents know the rules and work together with people to make better decisions and accelerate compliance processes for organizations.

It brings together automation and intelligent risk analysis to help teams stay ahead of the regulation problem.

Key Features of Norm AI

• AI Compliance Agents – These AI agents are regulatory aware, meaning they will help you identify and navigate compliance risk.
• Risk Identification and Assessment – Automatically identifying and assessing compliance risk across your business operations either as new regulations are released or during internal reviews is a strong competitive advantage.
• Works with your business for Collaboration – Provides a means for teams of human beings and AI agents to collaborate on understanding compliance decisions in real time.
• Regulation Library – Provides a single point of access to communicate regulation and guidance for compliance and reporting.
• Automated Documentation – Reports and documentation can be automatically generated for internal reviews and audits.
• Integrations – Full integration with existing business systems will provide seamless compliance workflows.

Pros & Cons of Norm AI

Pros:

• Decreases time spent on manual compliance audits
• Increases accuracy in risk identification
• Improves collaboration between teams and artificial intelligence
• Scales to meet increasing regulatory needs

Cons:

• Teams unfamiliar with AI tools may require orientation time.
• May depend on regulatory changes and data access for usable effectiveness.

Who Can Use Norm AI?

Norm AI has a distinction of helping many varieties of professionals and industries that can include:

• Compliance Departments – the ability to automate compliance checks and automate reporting.
• Legal Departments – The ability to assess risk and maintain regulatory compliance.
• Finance and Accounting Services – The ability to maintain full compliance while being efficient.
• Healthcare Providers – The ability to keep up with constantly changing healthcare regulatory requirements.
• Facilities – The ability to manage compliance in multiple departments and multiple jurisdictions.

Pricing & Plans

Norm AI offers customized pricing scenarios, depending on a company’s size, regulatory obligations, and level of ongoing use. Pricing includes:

• Free demo: In the first assessment.
• Custom business plans: Customized pricing will depend on service level and regulatory complexity.
• Enterprise support: For larger organizations and transactions with several departments.

The simplest way to get the best pricing is to connect with the Norm AI sales team.

Conclusion

Norm AI provides businesses with better regulatory compliance with the help of intelligent AI agents. Norm AI automates complex compliance by helping teams to automate the identification of risk, reporting, and collaboration across industries. Norm AI is scalable and provides integration options for businesses that want to remain compliant with changing regulations.

FAQs