Intelligent automation: The new backbone of corporate governance in India

By Vibhore Goyal, Founder, OneBanc

Introduction

If you can automate payments, why is compliance so complex and tedious?
In an economy racing towards real-time finance, seamless tax filings, and AI-driven decisions, corporate governance cannot remain stuck in manual mode. With over 1,536 Acts and 69,233 compliance requirements in India alone (TeamLease RegTech, 2024), relying on human memory, trackers, and emails, no matter how optimised, is no longer sustainable. Intelligent automation—through AI, machine learning, and advanced process automation—is no longer a luxury. For CHROs, CEOs, and CFOs, it’s a lever for risk reduction, cost optimisation, resilience, and strategic advantage.

From Paper Trails to Intelligent Systems

India’s compliance evolution began with MCA21 and GSTN digitisation efforts in the 2000s, but most progress remained surface-level. The real shift came with firms like JPMorgan Chase, using COIN, saved 360,000 hours of legal review time ...