OurRecords, Inc. Company Profile

Background

OurRecords, Inc. is a compliance management solutions provider specializing in assisting organizations across highly regulated industries to streamline their compliance processes. The company's mission is to reduce risk and liability exposure by offering a real-time SaaS platform that integrates seamlessly into business operations, thereby enhancing productivity and expediting time to market.

Key Strategic Focus

OurRecords focuses on delivering comprehensive compliance management solutions tailored to the unique needs of various industries. The platform automates the collection and management of compliance records for suppliers, vendors, and staff, including documents such as W9 forms, insurance certificates, state registrations, and policy acknowledgments. By providing an end-to-end workflow, OurRecords enables organizations to monitor compliance across internal assets and operations, ensuring adherence to quality standards and regulatory requirements.

Financials and Funding

As of the latest available data, OurRecords has an estimated annual revenue of approximately $507,500, with a revenue per employee of $72,500. The company operates with a lean team of seven employees. Specific details regarding funding history, recent funding rounds, and notable investors are not publicly disclosed.

Technological Platform and Innovation

OurRecords' platform is designed to provide secure, certified, and 24/7 available management tools, ensuring that compliance records are handled with the utmost care and confidentiality. Key features include:

Supplier and Vendor Compliance: Automates the collection of all supplier and vendor compliance records, including W9 forms, insurance certificates, state registrations, and policy acknowledgments.

Operational Compliance: Manages compliance of internal assets and operations to quality standard goals and metrics.

Staff Compliance: Monitors compliance of staff prerequisite programs, including integrated background checks, training, policy agreements, and other requirements.

Digital Documentation and Data Collection: Collects discrete data regarding any internal or external quality document, asset, organization, or individual.

Intelligent Reporting: Leverages industry-leading business intelligence tools to parse, filter, and report on any aspect of compliance and digital data collected.

Leadership Team

Specific details about the leadership team of OurRecords, Inc. are not publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The compliance management software market is characterized by a growing demand for solutions that streamline regulatory compliance processes, reduce administrative burdens, and mitigate compliance risks. Organizations across various industries are seeking platforms that offer secure management and access to verified credentials, ensuring adherence to industry standards and regulations.

Competitor Analysis

Key competitors in the compliance management software market include:

MasterControl Quality Management System: Provides QMS software solutions enabling regulated companies to expedite product market entry while reducing costs and increasing internal efficiency.

SafetyChain: Offers food safety and quality management solutions designed to help companies reduce risk and control costs while ensuring compliance and audit readiness.

osapiens: Delivers a multi-tenant HUB technology platform offering various solutions that integrate, process, and analyze big data to enable automated and simplified supply chain management.

Mapal Culture Suite: Provides tools for improved training, career planning, engagement, feedback, compliance, and more, helping operators close gaps between workplace performance and staff development ambitions.

Icicle ERP: An all-in-one ERP system designed specifically for food and beverage manufacturers, offering comprehensive compliance and quality management features.

Strategic Collaborations and Partnerships

Specific details regarding strategic collaborations and partnerships involving OurRecords, Inc. are not publicly disclosed.

Operational Insights

OurRecords differentiates itself by offering a user-friendly platform that automates compliance processes, reducing administrative burdens and mitigating compliance risks. The company's commitment to providing secure, certified, and 24/7 available management tools ensures that compliance records are handled with the utmost care and confidentiality.

Strategic Opportunities and Future Directions

OurRecords is well-positioned to capitalize on the growing demand for compliance management solutions across various industries. By continuously enhancing its platform's features and expanding its industry-specific solutions, the company can further strengthen its market position and drive future growth.