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4 Ways Your Privacy Policy Could Compromise Your Business

Fundera

Well-drafted privacy policies that work in tandem with your website and product terms of service can help accomplish this if you collect data from your customers online. Borrowing privacy policy language from other companies’ websites, however, isn’t the best route to accomplishing this. .

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Indian DPDP Act’s Impact on SAP Customers: Navigating Data Privacy Compliance

SAP Credit Management

The Digital Personal Data Protection Act, 2023 (DPDP Act) marks a significant step forward on the ever-evolving landscape of data privacy and protection. California Consumer Privacy Act (CCPA) and Health Insurance Portability and Accountability Act (HIPAA) are two of many state and sector-specific laws that govern data protection.

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How Much Customer Data is Too Much Data?

SAP Credit Management

While this can lead to significant benefits, it also raises important questions about privacy, security, and ethical considerations. In this blog, we’ll explore the delicate balance between collecting valuable customer data, leveraging artificial intelligence, and respecting individuals’ rights to privacy.

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3 Benefits of a Business Data Fabric

SAP Credit Management

Improved Data Governance and Security Data governance and security are critical concerns for businesses, especially in an era of increasing data privacy regulations and cyber threats. It allows businesses to define and enforce data policies, ensuring compliance with regulatory requirements and internal data governance standards.

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Debt Collection Mistakes Can Prove Costly

Your Virtual Credit Manager

Photo by krakenimages on Unsplash ) For these reasons, you need to have a credit policy that balances your credit analysis efforts with your collection efforts. Late payments and non-payment are inevitable challenges, necessitating a well-thought-out credit and collections policy.

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Summer SAP Cloud Security Articles You May Have Missed

SAP Credit Management

Yet, infosec is filled with well-intended advice and policy requirements that require perfection: fix all the vulnerabilities, misconfigurations, and code dependencies, and configure everything with least-privilege.

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Misalignment Between Credit and Sales Spells Trouble

Your Virtual Credit Manager

Internal Friction : Sales teams often blame credit for lost opportunities due to overly strict credit policies, while at the same time credit may blame sales for demanding credit terms for high-risk customers that become bad debts.