THE PROBLEM
Many industries use document management systems, and these systems rely on correctly organized document schemas. These are typically user owned and managed, but, at some point, it becomes unwieldy to use and so confusion and misorganization set in causing the previously strict hierarchy to be misused.
In the case of regulated industries, specific legislation regarding data management (content, security, ownership, retention/disposal) are in place in most western countries. Therefore, the ability to scan data based on a template applying the relevant regulatory requirements and report on compliance and non-compliance on a regular basis would be both a risk-management tool and a regulatory reporting time-saver.
OUR SOLUTION
Ai Smart Data Processing alleviates this by scanning data based on the predefined policy demands (created on the requirements of the relevant regulation regarding data management) and reports on the compliance and non-compliance level and the specific elements that need remediation and the action required.