Is it a viable option for tackling today's growing compliance challenges?
By Vishal Chawla and Thomas F. Rollauer
Compliance risks and costs are on the rise. An increasingly complex regulatory environment is stretching many corporate compliance departments to the breaking point and sending the cost of compliance through the roof. Meanwhile, the fines, lawsuits, and reputational damage that can result from non-compliance continue to grow. In extreme cases, they might even threaten an organization's existence.