Software compliance is crucial for organizations to abide by industry and security best practices in a digitally-driven world.
Noncompliance can result in regulatory audits, fines, and damage to trust, money, and the future of an organization.
Key questions for assessing software compliance include protection against fraud, adherence to privacy regulations, accessibility standards, mitigating cyber risks, and navigating future changes.
Software should support fraud prevention, privacy regulations, accessibility, and cybersecurity best practices to ensure compliance and protect stakeholders.
Compliance with privacy laws not only avoids legal issues but also enhances constituent relationships through transparent data usage.
Accessibility compliance ensures inclusivity for individuals with disabilities and aligns with global standards like the Web Content Accessibility Guidelines.
Mitigating cyber risks involves supplier partnerships, cybersecurity best practices, and employee training to enhance data security.
Software suppliers should assist in navigating future compliance changes and adapting to evolving regulatory landscapes, such as those related to analytics and artificial intelligence.
Choosing purpose-built software for social impact organizations can support compliance efforts and keep pace with evolving industry standards.
Blackbaud highlights key areas of focus for compliance, including data privacy, cybersecurity, payments security, accessibility, and intelligence for good.