The General Data Protection Regulation (“GDPR”) is a new legal framework that came into effect on the 25th of May 2018.
The GDPR represents a significant change to the ways in which accountants run their practices and work with clients. Seen as a trusted source of advice and guidance, particularly for small to medium-sized businesses, accountants have an opportunity to take the lead with their clients to help them manage their GDPR compliance.
Research undertaken by Sage ahead of the GDPR enforcement showed that 57% of UK businesses lacked awareness surrounding the GDPR, whilst 60% didn’t understand what it meant for their business.
At Sage, we recognise that this level of uncertainty among accountants and their small to medium-sized business clients, means you may feel unprepared to deal with the impact of the GDPR.
With GDPR enforcement applying from 25 May 2018, now is the time to put a practical plan in place for compliance with the new regulation.
We’re here to help you manage your GDPR responsibilities. We understand the challenges you face and we’re committed to compliance across our range of products. Working together, we can help turn GDPR from a challenge, to an opportunity.
Sage has produced this GDPR guide to help you understand the impacts of being GDPR-ready for your practice and your clients.
It covers:
