Ville Somppi, VP of Industry Solutions, M-Files, discusses how classifying data with an audit trail is one of the crucial ways in which AI is helping transform compliance.

Compliance is all about controls. Data must be classified according to multiple rules, and the movement and access to that data recorded. It’s the perfect task for AI.

“Thanks to AI, organisations can automatically classify information and apply pre-defined compliance rules. In the case of choosing the right document category from a compliance perspective, the AI can be trained quickly with a small sample set categorised by people. This is convenient, especially when people can still correct wrong suggestions in the beginning of the learning process,” says Somppi.

Read the full article: 5 ways AI can transform compliance – Information Age (information-age.com)