Issues and Challenges

Technology is now essential for effective management of legal functions, as well as for professionals in compliance and quality assurance. This is because regulations are becoming increasingly strict and are changing at an ever-faster pace. With so many action plans in place, close monitoring is essential.

In the context of these types of processes, which are often highly standardized, data security, regular monitoring, and the management of audit trails and certifications are absolutely essential for you. You need to be able to rely on a secure and simple solution that can handle all the document workflows typically associated with your business operations.

Benefits:

• A scalable and adaptable process tailored to your organization
• Monitoring of expert opinions and discussions, whether from within or outside the company
• Management of alerts regarding expiration dates, processing times, and follow-up reminders
• Management of sensitive data (excluding health data), with encryption capabilities
• Logging of all interactions
• DAMAaaS its clients in their digital transformation, as demonstrated by this use case in the compliance and quality sector.

Some examples of how our customers use our products in production: 

• Monitoring of the Quality Action Plan
• Creation and Management of a GDPR Record of Processing Activities
• Management of KYC (Know Your Customer) or KYS (Know Your Supplier) procedures and document verification
• Contract Life Management – Contract Lifecycle Management
• Collection of supporting documents in legal case management
• Monitoring of outsourced essential services or procedures related to politically exposed persons

Measuring process processing times and monitoring compliance with customer SLAs