- The business environment is complex and global, with fragmented and heavily regulated legislation.
- Compliance has become essential for companies to ensure adherence to regulatory frameworks, including ethics and values.
- Compliance as a Service (CaaS) is a solution that allows companies to outsource and automate regulatory compliance, reducing workload, costs, and simplifying requirements.
- CaaS is integrated through automation and requires digitalization, but offers cost savings, improved efficiency, and scalability.
- Proactive compliance is necessary to anticipate and identify changes and risks.
- CaaS can also assist with electronic invoicing compliance, which is mandatory in many countries worldwide, and a growing demand for CaaS solutions among companies.
- CaaS providers can offer services related to the implementation and management of electronic invoicing, ensuring compliance with legal and fiscal requirements.
- CaaS allows companies to manage their compliance efforts from start to finish, automating processes and managing compliance-related information.
Source Edicom