Compliance - uninvited helper guest
Compliance is definitely an uninvited guest - it lingers in your day-to-day operations however, it can help you in these area:
a. Your strengths and weaknesses - gone are those days where you would informally run processes over phone/email which could lead to potential miscommunications and unintentional malpractices. You can identify which areas are formal and which areas are not and fix them.
b. Potential areas of automation: Access granting and terminations, workflows and dashboards
c. Streamline areas of service continuity - Think about it - did we streamline our processing starting from building software through delivering them to production and managing them before? Probably not. Now, we are forced to.