Shoeb Javed is chief product officer at iGrafx.
Navigating the intricacies of compliance and risk management can seem overwhelming for businesses, especially those operating in heavily regulated industries. The rules are complex and the stakes are high, and the old ways of managing compliance aren’t enough anymore. By using smart tools and clear processes, businesses can handle tasks more efficiently, reduce risks and make audits less stressful.
Many organizations face a daunting array of compliance requirements, both external and internal. Regulatory demands vary across industries such as financial services, healthcare, manufacturing, retail and technology. Businesses may also have to contend with regulations that differ by country and even by region.