BOSTON, MA--(Marketwire - October 14, 2008) - In the newly released benchmark report
"Continuously Compliant: Ensuring Proactive, Comprehensive Compliance,"
Aberdeen Group, a Harte-Hanks Company (
NYSE:
HHS), found that Best-in-Class
organizations realized a 17% increase in the efficiency of compliance
tracking and reporting as a direct result of proactively incorporating the
right blend of targeted GRC and compliance enabling tools, technologies,
and services into a structurally sound, holistic, and business-prioritized
internal framework; an average increase more than 7.5 times greater than
Laggards. To obtain a complimentary copy of the report, visit:
http://www.aberdeen.com/link/sponsor.asp?cid=5289.
The purpose of this report is two-fold. First, it identifies the strategic
actions, internal capabilities, technologies, and services Best-in-Class
organizations are employing to transition from reactive, fragmented, and
manually intensive compliance activities to proactive, comprehensive, and
automated continuous compliance. Then, it provides a roadmap of actionable
analysis and recommendations for companies seeking to: (1) ensure accurate
and auditable compliance with all relevant governmental, industry-specific,
and internally mandated regulations; (2) streamline, automate, and optimize
operational processes; and (3) secure the integrity of company image and
brand value.
Considered an integral part of their compliance strategies, establishing
and enforcing an enterprise-wide, consistent approach to the achievement of
compliance objectives allows the Best-in-Class to more effectively identify
process breakdowns and inefficient controls, thus enabling valuable
internal resources to be re-allocated towards core business activities. As
a result, Best-in-Class companies were able to increase the detection of
weaknesses in internal compliance processes and controls by 13% and improve
their flexibility to adjust to changing regulatory requirements by 15%; an
average increase over 3.5x greater than all other organizations.
"By fostering an ethical and compliant company culture and embracing an
internal framework that emphasizes communication, accuracy of information,
and collaboration across channels and roles, Best-in-Class companies allow
employees to structure a work-plan and timetable that ensures compliance
objectives are met within specified timeframes while providing both
compliance managers and business unit heads with visibility into the status
of compliance activities; facilitating dramatic improvements in both the
speed and accuracy at which business-critical decisions are able to be
made," said Stephen M. Walker II, GRC specialist, Aberdeen. "Ensuring
effective, efficient, and on-going compliance with external regulations
while reaping internal operational benefits is dependent on pairing the
right blend of targeted, scalable tools and technologies with clearly
defined internal processes, controls, and organizational buy-in."
A complimentary copy of this report is made available due in part by the
following underwriters: Oracle, and SAI Global. To obtain a complimentary
copy of the report, visit:
http://www.aberdeen.com/link/sponsor.asp?cid=5289.
To access all of Aberdeen's complimentary research please visit
http://research.aberdeen.com.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence that delivers demonstrable results. Having benchmarked more
than 30,000 companies in the past two years, Aberdeen is uniquely
positioned to educate users to action: driving market awareness, creating
demand, enabling sales, and delivering meaningful return-on-investment
analysis. As the trusted advisor to the global technology markets,
corporations turn to Aberdeen™ for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical and independent view of the "customer optimization" process of
Harte-Hanks (Information - Opportunity - Insight - Engagement -
Interaction) extends the client value and accentuates the strategic role
Harte-Hanks brings to the market. For additional information, visit
Aberdeen
http://www.aberdeen.com or call (617) 723-7890, or to learn more
about Harte-Hanks, call (800) 456-9748 or go to
http://www.harte-hanks.com.
© 2008 AberdeenGroup, Inc., a Harte-Hanks Company
451 D Street, Suite 710
Boston, Massachusetts 02210-1928
Telephone: (617)854-5200
Fax: (617) 723-7897
www.aberdeen.com
Contact Information: Media Contact:
Stephen Walker
Aberdeen Harte-Hanks
(617) 854-5349
Stephen.walker@aberdeen.com