Without clear guidelines and objectives, it’s easy for the lines of responsibility to become blurred, resulting in compliance officers taking on too many tasks without the necessary resources to get their jobs done efficiently and accurately, and ultimately, losing sight of their key objectives.
When companies offer cloud solutions it’s an understandable concern of business owners to wonder where their confidential data is being stored, and what measures are in place to ensure its privacy? As a supplier of cloud based auditing compliance solutions we get these questions all the time, so I thought I’d share how we protect our clients’ data.
The world is more giving today than at any time in history, in great part due to the awareness that has been raised by the internet and social media. This increase in awareness and giving allows huge opportunities for social outreach and growth for nonprofits.
In the same way that the information age has given visibility to global needs, it has also enabled potential donors to more carefully review organisations before donating. Most nonprofits are rated for their good, as well as bad, practices and ratings are exposed to the world at large.
Improved compliance – transparency and accountability – are vital today for securing donor loyalty.