By Joan Honig, DocuWare – In 2020, privacy concerns intensified and regulatory requirements followed suit. Keeping up with the changes can be daunting. It’s much easier if you’ve built a flexible foundation that adjusts easily to new regulatory requirements. Cloud-based document management can be a significant contributor to the success your compliance efforts. If it’s not part of your compliance plan today, there are many reasons why it should be.
In an article, 4 Forecasted Trends for 2021 Security and Compliance Strategies, security consultant Jody Paterson confirms that use of cloud technology will continue to be important next year and beyond, “It will have a larger role than most anticipated in 2021 due primarily to the rise in remote work and also the need for better agility and less cost associated with on-premises solutions,” he says.
Paterson notes that compliance audits are likely to become more rigorous “the surge of remote workers, the conditions for potential growth in fraud cases and unsteady revenue growth,” he explains.
Simplifying audits at Criterion Tool & Die
Criterion Tool & Die Inc. manufactures precise components for highly regulated industries such as medical, airspace, and photonics. The company builds and supplies parts for several hundred customers and develops prototypes based on specific requests.