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Regulatory and Compliance
Regulatory compliance covers the requirements for ensuring products and their associated materials comply with both external and internal rules and regulations. It covers regulatory and requirement...
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Documents related to » benefits of compliance strategy needs


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

benefits of compliance strategy needs  and service. The competitive benefits of compliance are driving these companies to attain greater levels of inter-process integration and use the investments in compliance to take on the more difficult integration and process redefinition tasks. Twenty-eight percent of companies are leveraging their spending in compliance to deliver greater levels of product quality. In the auto industry specifically, product quality is such a critical product attribute that any given model''s reputation is made or broken Read More...
The Age of Audit: Identity and Access Management in Provision and Compliance
Organizations are overwhelmed with how to begin implementing identity and access management (IAM) solutions. They are scratching their heads and asking

benefits of compliance strategy needs  Identity Management While the benefits of IAM are clear and potentially substantial, they do not come without challenges. In fact, the specific challenges will depend on your IAM season. Before you decide to adopt IAM, you are in IAM winter. You have little visibility into who is doing what. Access rights management is balkanized, potentially leaving gaps and inconsistencies. You are never completely certain if the right people have access to the right data. Worse, you are not certain if the wrong peo Read More...
The Challenges of Defining and Managing Governance, Risk Management, and Compliance
A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to

benefits of compliance strategy needs  GRC areas. Some potential benefits of a comprehensive GRC approach might include better protected brand and reputation; optimized risk-and-return portfolios (owing to transparency and insight for selecting and rejecting projects based on risk impact and probability relative to potential return); reduced GRC costs and freed resources for innovation; improved business performance and predictability (due to improved visibility—a systematic process for anticipating, monitoring, and controlling risks, and th Read More...
The Importance of Component Event Management in a PLM Strategy
Component event management promises an answer. Component event management is a methodology to systematically detect and resolve component events in the most

benefits of compliance strategy needs  to achieve tangible business benefits, and serves as the PLM Specialist for Technology Evaluation and the related PLM Evaluation Center. Contents   Executive Overview Contents Product and Component Lifecycles - The Disconnect The Impact of Component Events The Fuses Have Been Lit The Windows of Opportunity Are Closing Enter Component Event Management Implementing Component Event Management Recommendations Conclusion About the Author Searches related to The Importance of Component Event Management in a PL Read More...
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

benefits of compliance strategy needs  such as payroll, employee benefits, HR and expense reporting entrusted to experienced third-party vendors. And it’s not just large companies that are leveraging this kind of expertise and economies of scale. The mid-market embraces outsourcing Of the companies in the survey, 75% were pro-outsourcing and already outsource one or more key business processes. The most common outsourced processes were payroll and benefits. With mid-sized businesses spending on average 51% more on finance and accounting serv Read More...
Justification of ERP Investments Part Three: Costs of Implementing an ERP System
Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into

benefits of compliance strategy needs  in four parts: Quantifiable benefits from an ERP system The intangible effects of ERP Costs of implementing an ERP system Replacing or re-implementing an ERP system Reprinted with permission of McGraw-Hill. One-Time Costs Software . The cost of an ERP software package varies widely, ranging from $30,000 (USD) for micro-based packages to several million for some mainframe packages. The number of concurrent users generally drives the software costs, so that smaller systems cost less. For illustrative and Read More...
Bank of America
Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S.

benefits of compliance strategy needs  of America Bank of America is a multinational banking and financial services company. It has a retail banking footprint that covers approximately 80 percent of the U.S. population and serves approximately 57 million consumer and small business relationships at 5,600 banking centers and 16,200 automated teller machines (ATMs). Read More...
Customer Experience Management: The Value of Moments of Truth
Customers perceive value based on the experiences they receive—and many big-name companies have tuned into this because they’ve made a connection with customers

benefits of compliance strategy needs  Experience Management: The Value of Moments of Truth Customers perceive value based on the experiences they receive—and many big-name companies have tuned into this because they’ve made a connection with customers that transcends the basic functional value they offer. In this first part of a two-part series, learn how traditional customer relationship management (CRM) has often failed in this respect, and how managing customer experiences can drive your revenues. Read More...
The ERP Warehouse Module versus Best-of-breed WMS
Every supply chain professional must consider certain factors when comparing enterprise resource planning (ERP) and best-of-breed warehouse management system

benefits of compliance strategy needs  ERP Warehouse Module versus Best-of-breed WMS Every supply chain professional must consider certain factors when comparing enterprise resource planning (ERP) and best-of-breed warehouse management system (WMS) solutions for warehouse management. Effective management of warehouse, fulfillment, and distribution operations is key to business success. With so much riding on your decision, you need to thoroughly compare ERP warehouse modules and best-of-breed WMS. Read More...
Segregation of Duties and Its Role in Sarbanes-Oxley Compliance Issues
The Sarbanes-Oxley Act (SOX) requires publicly traded firms to demonstrate that their accounting and reporting practices are in compliance with regulatory

benefits of compliance strategy needs  of Duties and Its Role in Sarbanes-Oxley Compliance Issues In the aftermath of some highly publicized cases of corporate fraud, the US government announced legislation designed to implement compliance and financial-reporting standards. The most notable of these laws is the Sarbanes-Oxley Act (SOX) of 2002. The primary goal of SOX is to enforce a higher level of transparency into organizations'' business processes, financial transactions, and accounting methods, to ensure that known and accepted Read More...
University of Kentucky Leveraging SAP HANA to Lead the Way in Use of Analytics in Higher Education


benefits of compliance strategy needs  of Kentucky Leveraging SAP HANA to Lead the Way in Use of Analytics in Higher Education Read More...
Oracle Further Orchestrates Its SOA Forays Part Two: Strategy
Oracle''s vision of a complete collaborative e-Business solution requires a database strategy, an application server strategy, and an e-business strategy. Will

benefits of compliance strategy needs  Further Orchestrates Its SOA Forays Part Two: Strategy Database Strategy In light of Oracle Corporation ''s (NASDAQ: ORCL) recent acquisition of PeopleSoft and its growing appetite for the competition, its easy to see how one might underestimate Oracle''s internally-developed, product strategy. However, this California-based (US) company has heeded the calls of its customers and the market by beginning a product strategy that focuses on open and flexible business processes. Ease of integration, the Read More...
Proactive IT Triage for Sarbanes-Oxley Compliance
When it comes to Sarbanes-Oxley compliance, most IT organizations do not lack measurement data—in fact, they’re buried in it! What they need are effective ways

benefits of compliance strategy needs  IT Triage for Sarbanes-Oxley Compliance When it comes to Sarbanes-Oxley compliance, most IT organizations do not lack measurement data—in fact, they’re buried in it! What they need are effective ways to put these measurements into the context of critical business services, establish baselines for every layer of every component, and proactively communicate which layer of which component is the root cause of any abnormality. Read More...
Wipro Point of View: Changing Nature of the Wealth Management Industry
The slump in the wealth management industry has its roots in the financial crisis in America and Europe. This has led to high-net-worth individuals (HNI

benefits of compliance strategy needs  Point of View: Changing Nature of the Wealth Management Industry The slump in the wealth management industry has its roots in the financial crisis in America and Europe. This has led to high-net-worth individuals (HNI) getting increasingly attracted to low risk, low management investments. Dr. Ashok Hegde, Global Head of Financial Services, Business Analyst Practice, Wipro, shares his expertise on the current challenges faced by and opportunities available to wealth managers. Read more. Read More...
In Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business
Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required

benefits of compliance strategy needs  Defense of Data Centers: The Positive Role IT Can Play in the Greening of Business Corporate concern for the environment is no longer just an issue of compliancy. Businesses are becoming increasingly concerned about how much energy is required by their IT operations, especially by their data centers. Greening IT starts in the data center: find out how data center consolidation—and other solutions—can help you reduce energy consumption, and even increase productivity and efficiency. Read More...

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