Managing Incentives and Rewards for Financial Compliance

Disparity of processes and internal systems are financial and operational risk points

Organizations continue to expand their focus on leveraging rewards and incentives to ensure the alignment of revenue targets, financial plans and operational objectives within sales and other operational areas as part of their performance management efforts. Unfortunately, the process and systems used to support this effort have not been streamlined. Operational planning and execution of incentive programs paid out by finance have yet to be automated efficiently. Ventana Research believes organizations that want to prepare for financial and operational review, let alone the likelihood of auditing from Sarbanes Oxley legislation, should document and automate the process with applications and information systems that mitigate operational risk.

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