Skillcast is a Business Reporter client

AI-driven compliance tools streamline processes, deliver accurate guidance and engage employees. Using them effectively can strengthen trust, resilience and regulatory confidence.

Can AI offer a safe space in compliance? Yes, but only when it is built on genuine digitalisation. Spreadsheets and siloed trackers need to give way to auditable workflows that produce executive-ready information for boards, auditors and regulators and that allow faster, evidence-based responses to emerging risks.

For many smaller firms, digital transformation is key but long overdue. The lack of investment in innovation in compliance is frustrating. Skillcast’s annual benchmarking survey shows 81 per cent of companies are still using multiple spreadsheets to monitor compliance. It’s time for them to catch up.

A modern compliance portal delivers that by unifying learning, policy management, operational registers and attestations in one system. It will include automation for enrolments, reminders and escalations, as well as controls such as two-f

📰

Continue Reading on The Independent

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →