SOURCE: OpenPages

OpenPages

August 17, 2009 10:13 ET

OpenPages to Sponsor Webcast on Why Many Compliance Programs Fall Short

WALTHAM, MA--(Marketwire - August 17, 2009) -


Who: Richard Steinberg, Founder and CEO of Steinberg Governance Advisors and Compliance Week columnist

Patrick O'Brien, Director of Product Management, OpenPages

What: Webcast: Why Many Compliance Programs Fall Short

Where: To register for this webcast, please visit: http://video.webcasts.com/events/pmny001/viewer/index.jsp?eventid=31735

When: Thursday, August 20, 2009, 2:00 p.m. EDT

Companies are facing new legal and regulatory requirements almost daily, and compliance costs are often out of control and unsustainable. While many companies have basic elements such as codes of conduct and whistleblower programs in place, simply having these elements is no substitute for a comprehensive program. For organizations, the cost of non-compliance can be extraordinarily high, and a well-designed, comprehensive compliance program provides critical benefits including:

-- Elimination of duplication of efforts

-- Reduction of overall infrastructure and related compliance costs to the organization

-- Prevention or early detection of compliance failures, reducing exposure to significant fines, penalties, and legal and settlement costs

-- Consistent and accurate information to senior management and boards of directors

-- Avoiding damage to corporate reputation and related impact on share value

A further significant benefit is that an effectively designed and implemented compliance program can serve as a solid foundation for effective Enterprise Risk Management.

In this webcast, attendees will learn steps that companies can take toward achieving an effective compliance program and will also hear specific examples of how companies have implemented a comprehensive compliance program and the benefits they are witnessing.

About OpenPages

OpenPages is the leading provider of integrated risk management solutions for global companies. The OpenPages Governance, Risk and Compliance (GRC) Platform empowers a risk-based approach to identify and manage key business risks across the enterprise. This approach enables companies to focus on what's important and to avoid unexpected outcomes while improving performance. Founded in 1996, the company is headquartered in Waltham, Massachusetts, with an international office in the United Kingdom, and regional offices throughout North America. For more information, please visit www.openpages.com.

OpenPages is a trademark of OpenPages, Inc. All other trademarks contained herein are the property of their respective owners.

Contact Information

  • Contacts:

    OpenPages
    John Kelly
    OpenPages
    781.693.5925
    Email Contact

    North America
    Jessica Sutera
    Lois Paul & Partners
    781.782.5789
    Email Contact

    Europe
    Gareth Williams
    Harvard Public Relations
    +44 208 564 6327
    Email Contact