Articles
By Morae’s Compliance Experts Fergus Allan and Anna Groebe
February 10, 2025
The integration of technology, specifically AI tech stacks, into legal departments and corporate compliance programs has become an important piece of pulling successful and fruitful processes together. The Complete Compliance and Ethics Manual 2025 is a go-to resource for program guidance, practical tools, policies, and procedures. The latest edition features a chapter which takes a deep dive into the critical role AI technology plays in enhancing compliance programs and mitigating risks.
Why Technology Matters in Corporate Compliance
There are many who will argue the pros and cons of incorporating AI technology into professional processes. It is crucial to educate yourself and think of these technologies as silent partners there to help streamline processes, giving you back time to do other tasks. A few benefits that technology can bring to your compliance process include automating manual projects, organizing data, streamlining reporting, and providing tools for engaging employees and stakeholders. It also introduces new levels of compliance program maturity and business risk considerations. Compliance professionals must stay abreast of emerging technologies to guide companies in ethical decision-making and ensure that compliance programs are both effective and efficient.
Compliance Key Insights
By understanding and leveraging compliance technological advancements, all industries, including legal, can enhance their business goals, ensure their clients’ compliance programs are robust and effective, and stay ahead of regulatory changes. Embracing technology in compliance not only improves efficiency but also strengthens the overall integrity and resilience of compliance programs, ultimately benefiting your business and clients.
Inside the manual, the Morae team provides an in-depth analysis and key points on how technology can be leveraged to improve various aspects of compliance, including:
AI adoption by legal professionals continues to trend upward, with more legal professionals than ever embracing changing technology. According to the ninth edition of the Legal Trends Report, the usage of artificial intelligence by legal professionals skyrocketed from 19% in 2023 to 79% in 2024.
Morae’s Fergus Allan, one of the contributing authors, highlights the value of AI in compliance: “AI technology is transforming the compliance landscape by providing deeper insights, automating complex processes, and enabling more effective risk management. Embracing AI is essential for any organization looking to stay ahead in today’s regulatory environment.”
Making space for compliance tech solutions in your process not only optimizes your operations but can also help reduce costs. Knowing where to start and how to customize the solutions to your business could make all the difference.
Read The Full Manual and Transform Your Compliance Program
Check out The Complete Compliance and Ethics Manual 2025 and gain valuable insights and practical advice from the chapter authored by Morae’s leading experts, “The Relationship between Technology and Compliance.“
Speak to Fergus and Anna, or their colleagues Robin Snasdell, Mary Jummati, or Murtuza Vohra if you want to discuss compliance technology selection, configuration and implementation.
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