Now more than ever, organisations have to adhere to laws and comply with statutory, regulatory, or internal compliances. Usually set by the government agencies, these regulatory policies can range from anything between information security or process to data retention. When an organisation is unable to meet these requirements, it can lead to financial loss, heavy fines and can seriously harm the business’s reputation. That is why over the last few years, companies have started placing their trust in Document Management Solutions to reduce the risk of non-compliance.
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