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Companies around the world have faced unprecedented business disruptions since 2020 because of the COVID-19 pandemic. However, we shouldn’t be surprised with what’s to come this 2022 in terms of compliance training, whether in-person or conducted through platforms like True Office Learning.
Check out the different compliance trends you must watch out for this coming year.
1. Data Consolidation
One of today’s major pain points is dispersed data stored in various storage. It prevents people from performing work quickly and conveniently, so they end up getting stuck among many documents and spreadsheets.
That’s why a centralized data management platform isn’t only a trend. Still, a must-have for companies to make sure data is stored correctly and can be quickly accessed, supporting organizations’ compliance requirements.
2. AI-Driven Chatbots
Automated interactions with employees and customers are one of the critical digital transformation trends that continue to grow by the year. Workplaces now adopt ML and AI-based chatbots or personal assistants, augmenting human performance while eliminating tedious manual processes.
Adopting advanced AI-driven solutions is a growing trend in compliance training, with chatbots offering compliance assistance to enhance compliance managers’ productivity levels.
3. Privacy
Since the GDPR came into effect four years ago, cybersecurity learning and data protection training conducted by platforms like True Office Learning has become more enforced.
The data privacy regulatory environment is now becoming even more rigorous, with new privacy laws coming in. that’s why we see there will not only be recent trends but challenges with differing privacy regulations, which would have global organizations adhere to a comprehensive and uniform approach to data privacy-as-a-service.
4. RPA Tools
RPA, or Robotic Process Automation, tools are advanced technologies streamlining workflow, thus reducing manual efforts. Compared to personal assistants and chatbots, these tools would perform repetitive tasks without supervision.
By taking advantage of RPA tools in compliance practices, companies can benefit from error-free and efficient automation of different routine activities. For example, RPA tools help automate email circulation, status updates, and report generation, among other asset compliance processes.
5. Holistic GRC Solutions
With cyber threats becoming more sophisticated and evolving, it’s critical to implement effective risk management processes. Organizations must actively adopt innovative governance, risk, and compliance tools to address such challenges. These tools would break down risk management-related silos, help decision-making, and improve operational efficiency. Tool-driven compliance management is now becoming indispensable for compliance, and it will most likely remain a strong trend.
6. Remote Audits
External and internal audits are required to ensure complete compliance with the ever-changing regulatory landscape. However, it’s impossible to perform the typical audit execution with auditors physically present and on-site because of travel restrictions and safety constraints from the COVID-19 pandemic.
Nowadays, advanced information and communication technologies make remote audits possible and more practical. Even in a post-pandemic world, remote auditing will stay, given its benefits such as flexibility, effectiveness, and the way it reduces costs and time.
Wrapping It Up
Keep these trends in mind as you create new compliance training strategies for the future,
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