Regulatory compliance shows up as one of the biggest challenges faced across all industry verticals. What is intimidating is the rising cost, number of resources and the time it takes to put together an effective compliance management system in any organization. It is not a ‘one size fits all’ solution so every organization has to […]
Compliance Management – Leverage Benefits, Build Trust
Why Compliance? Businesses are facing extreme cost and operational pressures as regulatory bodies are continuously increasing mandatory compliance requirements. The financial crisis of 2008 and the rising number of financial frauds being reported of late, have pushed the case for further monitoring by regulatory bodies. For businesses though, finance is just one of the areas […]
Making Compliance Work In India
The Indian economy has been on the growth path for the past few decades. This journey began with the announcement of economic reforms in the early nineties which allowed foreign direct investment in various sectors. We started slow but the main catalyst for growth was the information technology sector which became a major revenue generator. […]
What Are You Doing About These Compliance Management Challenges?
Regulatory compliance shows up as one of the biggest challenges faced across all industry verticals. What is intimidating is the rising cost, number of resources and the time it takes to put together an effective compliance management system in any organization. It is not a ‘one size fits all’ solution so every organization has to […]
What’s on Your Compliance Dashboard?
A dashboard is the first thing you see when you log in to your compliance software. At a glance, you expect it to tell you everything you think you need to know. A simple enough demand, but this could be one of the most important aspects of compliance. After all the tracking, all the alerts, […]
Not technology or sophistication or great UI. What makes a great compliance technology is good old fashioned accountability. But that isn’t easy
With the rapid increase in technology solutions, it can be easy to assume that plugging in some software will magically help an enterprise ensure compliance. However, unless the software in question enables or supports certain basic, age-old practices within the organization. Like accountability, for instance. Regulations have always been complex and many-layered. Best practices dictate […]
Five things to look for in compliance software
The question ‘do we need compliance software’ has become obsolete. Even a few years ago, companies managed to tackle regulation with large teams of compliance management professionals – operating a complex system of monitoring, updating, flagging and reporting. Not anymore. Regulations are evolving faster than teams can keep up, and with many key processes moving […]