I am a small business owner. How GDPR will affect my efficiency?
Business benefits from being compliant with GDPR include a more targeted communication with costumers, avoiding the loss from tracking uninterested users, hence having a strong impact on your business’ efficiency. GDPR, in fact, ensures to your business easier-to-use data, letting your company identify areas where users needs are unfulfilled.
According to a recent survey, 42% of companies declared that satisfying new GDPR norms is increasing innovation standards thanks to deeper data control.
41% of them, moreover, mentioned a competitive advantage due to the better cataloguing of data.
Do I save money with GDPR?
Complying with the GDPR will give your business the chance to cut costs of storing data, legacy applications and inventory software both in silos and inconsistent formats.
Your business will also be released from data maintenance expenses, whose funding can be redirected to innovation resources and infrastructures management.
Does it have a role in consumer confidence?
The GDPR’s aimed security will reinforce your brand’s reputation, giving your business the possibility to show to your customers a reliable data governance system as explained here.
Under GDPR requirements, in facts, costumers have the right to revoke consent anytime. You have the chance to demonstrate that your costumers agreed to a specific operation, for example, to receive a newsletter.
I am the owner and work on my own, do I have to hire extra help to make sure I am compliant?
For the past two years, the SMOOTH consortium has been developing a cloud-based platform that will allow micro businesses to receive a GDPR compliance report in a simple, constructive, and reliable format.
This summer and autumn take your business to the next level by becoming a tester for the beta and market pilots of the SMOOTH platform, the new cloud-based tool that helps micro businesses to become GDPR compliant.
What can you get in return?
1. A free GDPR compliance report.
2. A one-year free SMOOTH platform subscription (6 reports).
3. Be compliant, avoid potential fines.
4. Receive additional rewards on a first come first serve basis.
Interesting, how do I join?
You can register as a member of the SMOOTH Community on FundingBox, a member of the project’s consortium, and express your interest to be a market pilot tester as soon as the applications will open in autumn 2020.
Applications for the ongoing beta testing are also open, so you can also apply to join this test!
Register at https://smooth.fundingbox.com/