Compliance and business leaders must continuously improve their compliance activities in pursuit of greater effectiveness, efficiency, agility, and resiliency.
As market pressures encourage organizations to further cut costs, compliance and business leaders must continue to strategically invest in compliance activities that will expand their risk coverage, embed compliance enterprise-wide, and support business goals and objectives.
Compliance automation, operational integration, refinement of compliance risk assessments, and measures to reinforce accountability of employees, contractors, and third parties, are all ways to accomplish this. By continuously improving, organizations can methodically position their organizations for the future.
Compliance innovation is now an imperative across all industries, and the time to embark on the journey is now. At KPMG LLP (KPMG), we help organizations enhance compliance, integration and automation for a stronger risk management approach.