Compliance can prove to be a stressful task for many companies, especially if you own or operate a smaller business. Between staying on top of regulation changes and ensuring all your systems are up to snuff, it can be tough to keep everything straight.
The cost of non-compliance has risen nearly 50% in the last decade, with businesses losing an average $5.87 million to a non-compliance issue. Aside from the financial motivation, effective IT compliance management can build customer trust and help prevent cyber incidents.
Luckily a managed service provider can help make compliance less stressful—an MSP can take care of compliance management for you so you can focus on running your business. Here are five ways an MSP can make your life easier when it comes to IT compliance management:
1. Stay On Top of Regulation Changes
If there is one constant when it comes to government and industry compliance standards, it’s change. MSPs make it a priority to stay up-to-date on all the latest IT compliance regulations, so you don’t have to. They can help ensure your systems are compliant with whatever changes come down the pipeline, giving you one less thing to worry about.
2. Help With Certification
You might be compliant with your industry standard, but do you have a certificate to prove it? Many insurance agencies are now requiring documentation that proves your company is compliant; they won’t just take your word for it!
Some MSPs can help you get certified for various compliance standards, proving to clients, insurance agencies, and regulatory bodies that your business is secure. This can be a valuable asset to have, as it can even help you win new business and shows that you take IT compliance seriously.
Envision Consulting is one such MSP—we’ve been in business for more than two decades and have the experience under our belt to keep your business compliant. This experience helps our clients not only feel confident that their data is secure with us, but also shows their customers that they are working with a company that takes IT compliance seriously.
While it’s always good to give employees a challenge, regulatory compliance is not the place to experiment! Rather than straining internal resources or asking an internal employee to tackle compliance, an MSP can do it—and they have the expertise for a fraction of the price!
This frees up your employees to work on other tasks and can save you money in the long run, ensuring you follow regulations right the first time! MSPs also often have access to the latest innovations and compliance-related software and services, which they can pass on to you.
4. Crisis Management
MSPs are the friend you want in a crisis—they know how to get stuff done in a tough situation! Managed service providers are pros at knowing how to handle a data breach or catastrophe that threatens or breaches your compliance standards. They won’t just fix the issue—they’ll ensure your company still has a bright future ahead.
MSPs that offer compliance-as-a-service tackle every aspect of your cybersecurity structure, business continuity plan, and data backup strategy through a compliance lens—it will be an integrated part of your technology. This comprehensive approach helps give you peace of mind knowing that your systems are always compliant, up to date, and secure.
IT Compliance Management Is Easier with Envision Consulting: Schedule a Consultation Today!
Start reaping the many benefits of outsourcing IT compliance management to a managed service provider today! Envision Consulting can handle all your IT compliance management and ensure you have certificates to prove it.
We offer certifications in less than a year for:
- PCI DSS SAQ
- PCI DSS Level 1
- NIST 800-53/ NIST 800-171
- SOC 2 Type 2
- ISO 27001
Start your compliance journey and schedule a consultation today!