Modernise your compliance programme
Trace help businesses comply with global Data Protection regulations like the GDPR, and the CCPA through intuitive, secure software and services. And it’s not just about compliance for its own sake, it’s about enabling you - as a modern business - to sustain good habits and put the right governance foundations in place for your information. To achieve that, you need to think holistically across your processes, people and technology.
Most data governance initiatives start with discovery: assessing your maturity, and auditing your information. Through the audit, you know what data you have, that it’s legal, where it is, that’s in in a safe place, how long you can keep it, and that you have the right contracts and assurance in place with your suppliers and cloud partners. From this place of understanding, you can address risks and gaps, and ultimately unlock greater value for your business, moving your data strategy and digital transformation on.
A baseline for trust
To do the advanced data initiatives, you need the right baselines: of good governance, data quality and a risk-based framework. Strong foundations will help set you up to build a resilient, future-fit organisation which in turn your customers, clients, people can trust to look after their information.
So how do you comply with Data Protection regulations, where do you start?
Well you could go down the the traditional route and rely on disconnected multiple excel sheets, word documents, manual surveys. Wading through hundreds of pages of regulations and reading policies. This way has proven to be expensive and error prone with 57%* of UK global business with major gaps, despite significant investments into compliance programmes (source: *Thompson Reuters research).
With Trace, we understand that people and expertise is needed - this stuff is hard - but we think it should be well directed and enabled with the right tool to consistently support best practice. When the wider organisation see compliance as dry, painful and a process which adds no value - this leads to disengagement - which has consequences for legal and safe processing of personal data. That erodes trust, costs business reputations, and ultimately impacts individuals.
Modern compliance for the forward thinking business: Trace.
Why Trace’s platform beats old compliance:
No one likes to manage disconnected paperwork. With Trace, it’s one platform with all of your key data governance to do’s smart documents, resources, audits and smart assessments together, on demand and easy to share and update. Shifting you from compliance as a complex project with a pack of hard to update static documents, to easy to update Privacy by Design
No one likes to waste time - focus your expert legal, data security and compliance expert resources on analysing, acting, championing best practice in the business. Trace streamlines what’s traditionally done over multiple excels and processes into a logical single flow for significant efficiencies and cost savings for your business
The regulations are weighty and complex, and excel fields are limited. There are major gaps when using excel for audits - instead the Trace method is built on logical workflows, with in built expert guidance to help you decode compliance rules and get it right
Modern business have shifted their manual processes away from static documents and red tape toward secure cloud software and systems right across their operations, for a good reason. Automation, on demand systems, enabling collaboration and working from anywhere. Trace is smart compliance software when you need it with built in collaboration functions, and streamlined flows - helping you govern data, and make sure your other cloud vendors are doing the right thing and not exposing you to liabilities.
Find out how Trace’s platform or expert Professional Services can modernise your approach to data governance.
Sign up for a free demo or tour the features.