Organizations spend, on average, $2.4 million annually on corporate compliance and internal control, which speaks to how vital these functions are to organizations. But are companies getting a return on this investment?
Our research, conducted in conjunction with the University of Georgia Consumer Analytics program, found alarming disconnects, including:
• Only 26% of survey participants felt their existing compliance and control management processes add significant value to the organization
• More than half indicated their current processes are adding stress to their work rather than removing it