As businesses increasingly rely on technology to manage data, it`s important to ensure that sensitive information is protected. This is where data processing agreements (DPAs) come into play.
A concur data processing agreement is a legally binding contract between Concur (a software company that provides travel and expense management services) and its customers. The agreement outlines the steps Concur takes to protect customers` data and comply with data protection regulations.
One of the key features of a concur data processing agreement is that it outlines the specific types of data that Concur will process on behalf of its customers. This might include personal information such as names, addresses, and payment details.
The agreement also details the security measures that Concur uses to protect this data from unauthorized access or disclosure. This might include measures such as encryption, access controls, and regular security audits.
In addition to outlining Concur`s security practices, the agreement also specifies the responsibilities of the customer. This might include ensuring that only authorized personnel have access to the software, and following best practices for data protection.
Another important aspect of a concur data processing agreement is that it outlines the circumstances under which Concur is permitted to share customer data with third parties. For example, Concur might share data with a payment processor to process expense reimbursements.
Overall, a concur data processing agreement is an essential tool for ensuring that sensitive data is protected when using Concur`s software. By outlining the specific security measures and responsibilities of both Concur and its customers, the agreement helps to mitigate the risk of data breaches or other security incidents.