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How RPA Technology Facilitates Legal Compliance


Regardless of industry, location, size, and revenue, all businesses are subject to legal compliance — tax laws, PCI standards, regulation SCI rules, FISMA regulations, FCPA rules, or HIPAA privacy standards — in order to protect their operations, employees, and customers. After the 2008 financial crisis, establishing and maintaining effective compliance has grown in importance, especially in order to avoid the financial and operational consequences of non-compliance.

Even though compliance is increasingly becoming a focus point for companies around the world, maintaining regulatory compliance is still an area of risk and various challenges exist in effectively meeting all regulations on a regular basis. Many companies do not fully understand their legal obligation; continue to promote unorganized and non-compliant business processes; use unstreamlined data backup procedures; and may be unprepared for legal audits.

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