The Need for Increased Agility
John Kelly 270004J7VQ email@example.com | | 0 Comments | 195 Visits
In the wake of Dodd-Frank passage, Chris McClean of Forrester Research commented that there are nearly 200 regulatory changes still on the U.S. federal agenda that span industry verticals such as finance, healthcare, and consumer protection.
As regulatory pressures continue to mount, organizations that adopt a more practical regulatory management approach across the enterprise will be able to react quicker to regulatory change and decrease costs and complexity while gaining valuable insight into the risks that could affect corporate performance in the form of legal action, fines and penalties, or a decline in company/brand loyalty.
The recently announced OpenPages 6
Policy and compliance management software is playing and increasingly important role in the business by allowing companies to easily communicate changes in laws and regulations and enable quicker reactions by the business.