Is this a consulting service?

No, this is a free, interactive software tool that calculates your potential liability under the DPDP Act 2023 in 30 seconds. It provides an instant risk score and automated action plan.

What are common DPDP violations in Finance Team DPDP Readiness Audit?

Common violations include: Retaining old customer or vendor bank details and tax records beyond their necessary retention period without a legal basis., Sharing customer PAN or bank details with unauthorized third parties for purposes not explicitly consented to., Lack of secure access controls for financial databases, allowing broad internal access to sensitive payment and tax information..

The DPDP Audit Tool

Compliance for Finance Team DPDP Readiness Audit

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Finance Team DPDP Readiness Audit
Liability Check

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Your finance team handles highly sensitive personal data. Invoices, bank details, and tax records are prime targets for DPDP violations, carrying penalties up to ₹250 Crore for mishandling this PII.

Why Finance Team DPDP Readiness Audit is at Risk

Your finance department, from processing vendor invoices to employee payroll, is a **treasure trove of personal data**. This includes names, addresses, bank account numbers, PANs, and GST details – all falling under DPDP's definition of **Personal Data**. Without proper consent, robust security measures, and defined data retention policies, every transaction becomes a potential liability. Think of the data held by major payment processors like Razorpay or PhonePe, or within your internal SAP/Oracle systems. The **Data Protection Board (DPB)** will rigorously audit how this sensitive financial PII is collected, stored, processed, and deleted.

Common Violations

1.Retaining old customer or vendor bank details and tax records beyond their necessary retention period without a legal basis.
2.Sharing customer PAN or bank details with unauthorized third parties for purposes not explicitly consented to.
3.Lack of secure access controls for financial databases, allowing broad internal access to sensitive payment and tax information.

The Immediate Fix

Map all personal data collected and processed by your finance team, including invoices, payroll, and vendor payments. Categorize this data and establish a clear data retention policy aligned with DPDP and other statutory regulations like GST or Income Tax. Implement strict, role-based access controls to financial systems immediately.