Centralized data governance is essential for meeting both global and local regulations. Stibo Systems Platform standardizes data policies across departments, reducing compliance risks and addressing local regulatory requirements. This approach ensures uniform data standards and simplifies policy management and audits with clear, accessible data records.
The platform also improves regulatory adherence through comprehensive data visibility. It enables you to track and audit data throughout its lifecycle.
This transparency facilitates compliance and streamlines audit preparation, enhancing efficiency. It also supports data privacy and security regulations, such as GDPR and CCPA, with advanced encryption to protect data, role- based access controls and regular security audits. Continuous monitoring helps identify and mitigate vulnerabilities, ensuring ongoing adherence to data protection standards.
Stibo Systems Platform ensures that suppliers meet compliance and quality standards, enabling your organization to facilitate better procurement decisions and foster strong, reliable supply chain relationships.
The platform enables you to track and monitor compliance-related data, such as certifications, licenses and adherence to ethical standards. It integrates compliance checks to monitor suppliers' adherence to relevant regulations and automatically updates the status to inactive for suppliers found to be non-compliant.
This ensures your company only engages with suppliers who meet both regulatory and internal compliance requirements.
Stibo Systems Platform centralizes data governance, ensuring consistent compliance with industry regulations and internal policies across all departments. This provides you with coordinated control over global and local regulatory requests regarding master data.
Centralized data governance ensures that consistent data standards and policies are applied across all departments, reducing the risk of compliance violations. At the same time, you can localize and manage data context to ensure the proper management of local attributes or data requests. This support for multiple regulatory frameworks enables you to operate seamlessly across different regions and industries without the risk of non-compliance.
A centralized framework also simplifies the management and enforcement of data policies, making it easier to stay aligned with regulatory requirements. It enables you to provide clear, accessible records of data practices, facilitating smoother and more efficient audit processes.
Stibo Systems Platform ensures comprehensive data visibility, enabling your organization to track and audit data throughout its lifecycle. With a transparent view of data flow and tools for maintaining comprehensive audit trails, your company can demonstrate accountability and adherence to regulatory requirements.
Comprehensive data lineage simplifies the process of preparing for audits, reducing the time and effort required to gather and present necessary information. Clear audit trails also support internal compliance reviews and continuous improvement initiatives, ensuring ongoing regulatory compliance.
Ensuring data privacy and security helps your organization comply with data protection laws, safeguarding it from hefty fines and reputational damage associated with data breaches. Robust security measures also build trust with customers and partners, as they can be confident that their data is handled responsibly. This trust can lead to stronger customer relationships and a competitive advantage in the market.
Stibo Systems Platform ensures that data privacy and security measures are upheld, complying with data protection regulations like GDPR, CCPA and others. Its consent management features ensure that data processing activities are compliant with user preferences and legal requirements.
Advanced data encryption techniques safeguard data both in transit and at rest, ensuring that sensitive information is protected against breaches. The platform’s role-based access controls further ensure that only authorized personnel can access or modify sensitive data, maintaining compliance with privacy regulations.
Continuous security audits and monitoring help identify and mitigate vulnerabilities, ensuring ongoing compliance with data privacy standards.
Stibo Systems Platform enhances data accuracy and consistency, enabling your organization to meet stringent regulatory standards while reducing the likelihood of compliance violations. Its tools for data profiling, cleansing and enrichment ensure that data is accurate, complete and consistent.
High-quality data ensures that reports and filings are accurate, which is crucial for passing audits and avoiding penalties. Moreover, consistent data across the organization supports better operational efficiency and decision making, leading to improved business performance.