Meeting regulatory compliance is a complex challenge that triggers a cascade of adverse effects. The process is time-consuming, errorprone, and imposes a financial strain on businesses, increasingly pushing them into a corner.
Regulatory measures are vital for upholding ethical practices, data security, and privacy requirements; but without a clear view of user access and an effective system to govern and manage that access, organizations struggle to determine their compliance status. What’s more, comprehensive compliance strategies typically involve significant costs, including direct expenses for audits, technologies, and expert consultations. They also include indirect costs such as operational disruptions and decreased productivity.