Process-based Governance, Risk Management, and Compliance
P.J. Jakovljevic - March 14, 2007

For the Last Time, It's All about Process!

It is apparent that as global regulatory mandates multiply and become more stringent, manual approaches to control activities are inevitably becoming untenable. By embedding a rationalized set of automated controls into companies' cross-enterprise business processes, users can move away from resource-intensive, manual control activities to address critical business risks. Although the idea here is to ensure that every organization meets compliance mandates in the most timely and cost-effective fashion while optimizing operational efficiency, compliance will remain a mix of automaton and people for a long time to come...