By KPMG - The Compliance Investment
Many organizations now view compliance as an investment and not simply as a cost. These organizations realize that business and operational value can be derived by integrating compliance across the business and positioning it to contribute to business decisions and adapt to the changing business and regulatory environment. They are moving toward a transformation of compliance that allows the organization to derive greater value from compliance through increased effectiveness, efficiency, and sustainability.
KPMG LLP has developed a proprietary compliance program framework that consists of fundamental program components with governance and culture at the core. While many organizations understand the need to continually advance in their compliance journey, there are several actions compliance leaders can take immediately to move toward greater agility and proactive compliance management.