Businesses today are under increased pressure to cut costs, optimize performance, and reduce risk. The need to meet these challenges is particularly apparent in the area of regulatory compliance. Historically, businesses responded to emerging regulatory requirements by assigning a dedicated team to handle every new mandate, each with its own specific team, mission, and project scope. But as regulations continue to proliferate and evolve, this approach is directly at odds with business requirements to improve performance, reduce costs, and more effectively manage risk. But what is the alternative, given the amount of effort required to manage compliance in a rapidly changing and increasingly complex regulatory landscape?
This white paper examines in depth the need for continuous compliance, describes how automation enables continuous compliance, and explores the cost saving benefits and operational benefits of an approach that aims to achieve a state of constant, uninterrupted compliance.
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