Compliance tracking is the process of organizing and monitoring compliance-related data and activities to ensure that no detail is overlooked. Compliance tracking can keep you updated as rules and standards shift, and it can also help you better understand how to prepare for projects, resources, and deadlines in the future.
Collaboration tools make it easier for people to work together. A collaboration tool's aim is to assist a group of two or more people in achieving a shared goal or objective. Paper, flipcharts, post-it notes, and whiteboards are examples of non-technical collaboration tools. Collaboration software, on the other hand, is a technological tool.
The design of systems and workflows that assist in the development of electronic documents is known called document assembly or document automation or document management. These include logic-based systems that assemble a new document from pre-existing text and/or data segments. Certain companies are gradually using this method to put together legal documents, contracts, and letters. Companies may also use document assembly to reduce data entry time, proof-reading time, and the risks associated with human error.