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Glossary definition: Compliance Automation

Compliance Automation: Streamlining Your Business Processes

Compliance Automation is the process of automating the management of regulatory compliance requirements. It involves the use of software and other technology to automate the tracking, reporting, and enforcement of regulatory standards. Compliance Automation helps organizations reduce the costs associated with manual compliance management processes, while also helping them remain compliant with applicable laws and regulations. This can be accomplished by automating the collection and analysis of data, the creation of reports, and the enforcement of policies and procedures. In addition, Compliance Automation can be used to streamline the process of meeting legal and regulatory requirements, such as ensuring data privacy and security, as well as ensuring that the organization meets its obligations under applicable laws and regulations.