You are probably aware of the new data protection regulation, which places higher demands on how you process personal data. May 25 is the time and then your organization needs to comply with the regulation. If not, there could be hefty fines equivalent to up to four percent of your global turnover or 20 million euros. The highest amount will apply.
You need to draw up a personal data processing agreement
One of the requirements placed on your organization is that you have a personal data processing agreement with providers of cloud services where you store personal data. It can be e.g. business system, CRM system, case system, diary system or, in our case, contract management system.
You must document in which systems your organization processes personal data, why you do it and if you really have to do it.
We at MultiNet, who develop the Contract Management service, have e.g. a standardized personal data assistant agreement that is adapted to the services we offer and that is always signed when you start using one of our web services.
DealManager helps you with the inventory
With MultiNet's web service for contract management, you make the inventory work considerably easier, as the service keeps track of suppliers and which contracts you have with them in a structured way.
You can easily document compliance, contact details for personal data controller, personal data assistant, sub-assistant and if, for example, data is transferred to a country outside the EU and that the provider's service meets "privacy of design", which means that the service e.g. is developed so that individual users cannot make mistakes or deviate from the data protection regulation.
You need to act now
Although time is short, it does not have to mean that it is complicated and advanced to get started with digital contract management!
Contact us, and we'll show you how you can easily increase the pace and finish the GDPR work.
Call us on +46 8 528 022 80, or fill in our contact form and we will help you.