The High Costs of Non-compliance for Manufacturers

What manufacturers must realize is that through efforts to comply with regulatory standards, they can make their manufacturing operations more competitive. Indeed, compliance is transforming the companies that have taken the time to re-architect the many processes used for managing suppliers, channel partners, resellers, and customers. For manufacturers that ignore compliance, on the other hand, the costs can be steep.
  • Written By:
  • Published On:
  • (Originally Published On:) )
 
comments powered by Disqus


Featured publications:

Cliff Notes for the Resource Management MBA

Since human capital makes up the majority of costs for service providers, effective management of resources truly is the high water mark in the services industry. With a strategic focus on the right resource skills, training and availability, services organizations can improve project quality, timeliness, and cost-effectiveness while managing human capital and resource management more holistically. Download this white paper to learn more.
  • Written By:
  • Published On:

Non-Traditional Hours: Key Strategies for Creating Flexible and Productive Work Schedules

Enabled by technology, more and more companies are now allowing—and, in some cases, requiring—employees to work flexible schedules. In this era of VoIP, Skype, cloud apps, and mobile devices, some employees really can be as productive (or more so) working off-site. The advantages for companies begin with more engaged, productive workers, and lower overhead costs. So know what you need to consider for flexible work arrangements and the golden rules for developing flexible work policies.
  • Written By:
  • Published On:

So You Think You Don’t Owe Sales Tax

Manufacturers, wholesalers, distributors, resellers, governments, and charitable organizations are some of the business types that do not expect to pay sales tax. The burden of proof is on the seller, however, should the state express concern about exempt sales. The smartest strategy is to be aware of where you might have tax compliance obligations and how it impacts your business. This white paper explains the four most common tax compliance obligations and what you can do to make compliance easier.
  • Written By:
  • Published On:

You may also be interested in these related documents:

Mid-market CFO Benchmark Survey: The Changing Face of Sales and Use Tax Compliance

When it comes to transaction tax management, midsized companies haven’t much choice. They can either stay the course—increasingly complex and risky—or they can change direction and embrace outsourcing as a way to achieve compliance. Per this survey, only 14 percent are satisfied with their present course. As a viable outsource offering for mid-market tax compliance now exists, such a shift seems inevitable. Learn more.
  • Written By:
  • Published On:

Governance, Risk, and Compliance for Life Sciences Companies: Institutionalize Compliance to Reduce Costs and Increase Productivity

Issues of governance, risk, and compliance (GRC) affect nearly everything life sciences companies do. But you shouldn’t approach GRC in an ad hoc manner—implementing point solutions one after another in response to regulatory demands as they arise. This is inefficient and costly—and may result in non-compliance, due to lack of transparency. Learn how an enterprise-wide GRC approach to compliance management can help.
  • Written By:
  • Published On: