RightFax provides document delivery solutions for compliance with the Gram-Leach-Bliley (GLB) Act. GLB places tough privacy, security and accountability rules on business and their executives. The stakes are high if organizations do not meet the new standards for corporate compliance. To meet corporate compliance requirements, in many instances, means that organizations must find business process automation and delivery solutions that can help protect communication security and accuracy while providing fast, efficient delivery of governed business information.
RightFax Supports Gramm-Leach-Bliley Compliance
RightFax supports Gramm-Leach-Bliley corporate compliance as the market-leading digital fax solution. RightFax provides organizations with the tools to securely process, manage, track and distribute corporate data and documents required to demonstrate accountability, control and financial transparency.
RightFax supports GrammGLB compliance through:
- Automated delivery of business information to help safeguard information accuracy and security
- Provision of a centralized communications hub for corporate financial information
- Enablement of secure and encrypted electronic delivery of financial information for added security and privacy
- Facilitation of tamper-resistant information transmission by delivering information in a non-erasable format
- Improved document tracking, storage and audit trail
- Automated delivery and receipt, eliminating paper-handling and reducing opportunities for unauthorized view or usage of financial information
- Delivery of information over a secure PSTN tamper-resistant PDF or TIFF image to reduce opportunities for alteration or fraud during delivery
- Streamlined document delivery processes and eliminates error-prone, inefficient manual routines that could break security and privacy guidelines
- Provision of document tracking, storage and reporting tools for audit trail of fax communications
- Routing documents directly to a designated recipient, limiting access to only those who need the information
RightFax is a feature rich fax solution that directly supports compliance efforts through improvement of document and information management, workflow and process automation, communication and collaboration, and monitoring and reporting functions.
RightFax Benefits for Financial Institutions
RightFax provides a host of benefits to financial institutions subject to GLB regulations. However, RightFax extends further benefits to the organization outside of aiding regulatory mandates, including:
- Automated and streamlined manual processes that improve efficiency and reduces labor costs
- Facilitation of quick and accurate information processing and collaboration
- Improved end-user experience through integration with existing mail clients such as Microsoft Exchange, Lotus Notes or Google Mail
- Maintenance of confidentiality and limits viewing to authorized workflow participants
- Reduction of administrative time and cost
- Reduces lost or misrouted records
- Provision of document history
- Ability to leverage existing IT investments with proven integration with Microsoft products and other business critical systems such as SAP and Oracle
RightFax provides a Gramm-Leach-Bliley-compliant document distribution solution that protects the integrity of business data and financial information. No matter the size or scope of your organization, RightFax provides a fully customizable solution that can fully accommodate your document distribution needs while improving employee efficiency and reducing costs.