data management
Published on : Feb 17, 2025
Sourcepoint, a leader in privacy software, has announced two key features for its Universal Consent & Preferences platform: Legal Preferences and Transaction Receipts. These new capabilities are designed to help organizations effectively manage privacy compliance while enabling the activation of first-party data. The platform allows for the detailed tracking of user consent and privacy preferences, essential as privacy regulations grow more complex in 2025.
Features and Benefits
Legal Preferences
Legal Preferences provides a centralized library of all user-facing legal policies, such as privacy policies and terms of use. With robust version control, this feature ensures that updates to policies are tracked and notices are triggered when policies change. It supports global templates with regional customization to meet local privacy laws, integrating seamlessly into consent workflows to document user acknowledgments.
Transaction Receipts
Transaction Receipts offer a searchable record of all user interactions with privacy-related content. This includes:
Adaptability to Regulatory Changes
As privacy regulations evolve, Sourcepoint’s Dialogue platform remains flexible, enabling organizations to adjust quickly to new rules around sensitive data, AI governance, and automated decision-making. This adaptability allows businesses to maintain compliance while effectively managing their user privacy data.
Vendor Management and Accountability
Sourcepoint’s platform supports detailed audit trails, ensuring that organizations can track privacy choices and consent records across their technology ecosystem. This is particularly important as U.S. state privacy laws place increasing emphasis on vendor oversight and data protection.
With privacy regulations becoming more stringent, Sourcepoint’s enhanced Universal Consent & Preferences platform offers a robust solution to help organizations manage compliance. The new Legal Preferences and Transaction Receipts features provide businesses with the tools they need to track user consent, ensure privacy compliance, and activate first-party data confidently.