Users of Oscar, the industry leading software for managing all aspects of corporate housing, will be able to comply with the latest EU directive on General Data Protection Regulation (GDPR). Software Answers, the maker of Oscar, has announced the release of a software update which includes GDPR Compliance features.
From May 25, 2018, companies doing business transactions within the EU member states are supposed to comply with the new privacy guidelines. Software Answers, the top provider of technology solutions to the global Corporate Housing market, has therefore released the software update to include GDPR Compliance Features.
Among the updates to Oscar, some features now specifically address the GDPR minimalization principle. The minimalization principle requires companies to use and retain only such personal data as is required at a given time and for a given purpose. All other unnecessary data not required for the given intended purpose or duration must therefore be deleted. Moreover, customers also have the right to withdraw consent and ask for their personal data to be deleted. Upon receiving such a request, companies must remove all traces of that customer’s data from its repositories, including repositories downstream that share or store the data.
“We are excited to provide this new feature as a value-added service to our clients. These new features built into Oscar will automate the replacement of any Personally Identifiable Information (PII) preventing the need for manual replacement of data.”, said Christopher P. Couture, Vice President & Chief Operating Officer for Software Answers.
Software Answers is recognized as the top provider of technology solutions to the global corporate housing market, including serviced apartments, apart-hotels, and residential apartment businesses. Its flagship software, Oscar Property Management System, is employed by hundreds of companies to manage all aspects of corporate housing, serviced apartments and other related properties.
For more information, please visit http://www.softwareanswers.com