• 31 Days to a More Effective Compliance Program: Day 29 -Strategic Considerations for Implementing AI in Compliance

  • Jan 29 2024
  • Length: 8 mins
  • Podcast

31 Days to a More Effective Compliance Program: Day 29 -Strategic Considerations for Implementing AI in Compliance

Listen for free

View show details

  • Summary

  • Implementing AI in compliance requires strategic considerations and decision-making. Understanding the impact of AI, maintaining an inventory of tools, considering cost efficiency and risk avoidance, involving all business sectors, and utilizing AI for better data usage are key factors to consider. Balancing exploration and rules, as well as selecting the right AI tools, are challenges that need to be addressed. By carefully navigating these considerations and challenges, companies can leverage AI to enhance their compliance programs and stay ahead in an ever-evolving regulatory landscape.  Three key takeaways:  1. What are the key factors that impact these strategic considerations for implementing AI in compliance? 2. Compliance professionals need to stay updated with the latest AI developments and trends, which requires continuous learning and keeping abreast of industry news and insights. 3. Understanding the impact of AI, maintaining an inventory of tools, considering cost efficiency and risk avoidance, involving all business sectors, and utilizing AI for better data usage are key factors to consider. For more information on Ethico and a free White Paper on top compliance issues in 2024, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices
    Show More Show Less
Show More Show Less

What listeners say about 31 Days to a More Effective Compliance Program: Day 29 -Strategic Considerations for Implementing AI in Compliance

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.