The new EU Legislation, General Data Protection Regulation (GDPR) is a latest reform of Data Protection Rules that not only requires extensive Data Protection Security and Reporting requirements, but also surfaces the need for an end-to-end Compliance Management system. The Board, the C-Suite, the Audit & Compliance departments and the Senior Management remain responsible for Regulatory Compliance and impact a broad range of Business Processes, including Legal, Audit, HR, Finance and IT.
Conventional tools for Compliance Management and Reporting are disparate, non-centralized and are tedious to use. Inadequate or inconsistent Compliance Reporting poses a major challenge. With Compliance teams getting more dynamic, the functionality of Real time Collaboration is of great importance so that status updates are real time, the Compliance Reports/Dashboards are shared on a secure platform and relevant files are shared with the team with full version control and preview features.
Additionally, GDPR Rules and Controls need to be tested using an Agile and Automated Methodology. Tracking the Milestones, Attributes,Observations & Exceptions and providing Remediation actions are the vital processes which need to leverage Agility and Automation. Risk mapping functionality to find impact and probability of Risk is also an important part of any Compliance Management Process. Hence, there arises the need for a system which facilitates end-to-end Process Management and takes GDPR Compliance to a whole new level of Efficiency and Effectiveness, while also enabling Compliance teams to focus more on staying up to date with the latest Industry mandates.
ConfidentG Agile GDPR Compliance management leverages Artificial Intelligence powered by Wave Analytics for creating sophisticated Compliance Reports and Dashboards. Being built on the number one Cloud Computing platform Salesforce.com, it automates Governance intuitively. With years of making Governance, Risk, Audit & Compliance lifecycle Agile for our worldwide Customers and Partners, we at Confident Governance have known the dynamics and intricacies of an end-to-end Compliance Management lifecycle and we deliver that using our innovative Governance as a Service platform. Let’s Connect and Collaborate on making your GDPR lifecycle Agile and Innovative.
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