Red Oak Compliance Solutions, a leader in the financial advertising compliance industry, has announced the release of Smart Review(SM), an enhancement designed to provide faster approvals, fewer touches, increased efficiency and reduced regulatory risk for marketing and compliance professionals.
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Smart Review(SM)Â allows compliance professionals to effectively build and maintain a single source repository of disclosures, including an audit trail for disclosure updates and changes. This disclosure library allows firms to streamline their advertising review process, increasing accuracy and confidence in disclosure management, while reducing the risk of disclosure errors and omissions.
While the software supports compliance efforts, Smart Review(SM)Â is also designed to streamline efforts of marketing teams and increase their efficiency in getting materials to market. Knowing which disclosures are needed, then finding the most up to date version in a timely manner can be an ongoing struggle. Smart Review(SM)Â reduces the pain points marketers experience during the review process through both its disclosure repository and the implementation of business intelligence rules to flag potential missing, outdated or unneeded disclosures on material.
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“In today’s fast-paced digital environment, marketing teams need the capability to move quickly and take advantage of opportunities and market trends,” said Stephen Pope, Chief Executive Officer for Red Oak Compliance. “The development of Smart Review(SM) is another example of how Red Oak focuses its development on listening to clients, incorporating their suggestions into our product, and strengthening our core value proposition of delivering faster approvals, fewer touches, and 100% books and records compliance.”
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