By Brandon Chen
Senior Product Marketing Manager
August 13, 2024â˘2 min read
When it comes to shielding the company from risk, privacy teams often have to be the voice of reasonâwhich can often mean saying âNoâ to other business units when they ask for approval on projects that wonât meet regulatory standards.
One way privacy teams can flip this paradigm â shifting from being seen as a cost center to driving clear business value â is to deploy comprehensive consent management in order to increase the amount of compliant data the business can use. But you might be asking: why (beyond the obvious) is compliant data collection important?
With first-party, fully-consented data, your business can better understand user behaviors, leading to higher ROI marketing campaigns, better insights from holistic analytics, and insight-driven product development. Imagine, for example, the additional revenue marketing and privacy can collectively drive by confidently sharing compliant user data across sub-brands or running email campaigns without needing to reconcile preference lists from multiple tools.
Transcend supports industry leaders like Eventbrite, GoCardless, and other Fortune 500s to leverage trusted user data to grow their businesses. In fact, Kat Vetrakova, Head of Privacy & Security at GoCardless, noted that:
âTranscend has saved us from countless hours of manual datapoint labeling, missing systems in privacy requests, and downstream gaps in consent preference management. Their dedicated partnership gives us confidence that we can continue to manage privacy projects efficiently and handle new requirements. Privacy is no longer a cost center â with Transcend, we are driving value to the business."
Transcend Consent Management improves compliant data collection in three key ways:
This next-generation approach to compliant consent management and data collection benefits the business by:
With Transcend Consent Management, youâll also be able to support your brand identity through fully customizable displays and tailor preferences shown based on the userâs local regime.
By Brandon Chen
Senior Product Marketing Manager