The collapse of Enron, WorldCom and other corporate accounting scandals of 2002 not only almost brought Wall Street to its knees; it also signaled the beginning of a new age of compliance.
The collapse of Enron, WorldCom and other corporate accounting scandals of 2002 not only almost brought Wall Street to its knees; it also signaled the beginning of a new age of compliance. Companies have been forced to adopt better governance and risk management approaches, and in large part they have responded well.
However, compliance is much more than a one-off challenge to be addressed with a point solution; it’s an ongoing concern that requires continuous monitoring and that impacts the business as a whole. And with a dazzling array of technologies and tools currently hitting the market in response to the overwhelming need for greater governance and control, companies are now presented with myriad options for tackling their compliance requirements. So how do they ensure they’re making the right decisions? Business Management caught up with a panel of top compliance solutions vendors to find out.
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