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14-May-2010
Tags: Document Management (ECM), Asia-Pacific Marketplace, Marketplace at Large, Finance
Alan and I recently wrote this piece (requires free registration) for CFO Connect, a thought-leadership magazine for CFOs and other senior finance professionals operating in India. The idea was to introduce people to Compliance and how an ECM technology platform can help companies meet their compliance needs.
To quote from the article,
Most businesses assume that compliance costs money and does not improve their bottom line. Because of this, there is often a reluctance to invest in compliance initiatives. While it is indeed true that it does cost money, you should also remember that by being compliant, you can improve your processes, make you business not only more agile, but also more consistent. So despite the initial pain, compliance initiatives can make a positive impact to your bottom line as well as top line. Companies here in India sadly tend to lag behind their global counterparts when it comes to implementing compliance initiatives. However, to be more competitive, they will have no choice in the future but to invest in compliance.
With the Satyam and IPL scandals rocking India, there couldn't be a better time to think about Compliance. As for how ECM technologies can provide a platform for your compliance-related initiatives, maybe we can help...
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