Lawson Report Says Compliance Costs More Than You Think
August 28, 2006 Timothy Prickett Morgan
If a study commissioned by Lawson Software is any indication, than the compliance regulations that companies in the Western economies are wrestling with are very, very expensive–and perhaps more expensive than any of us want to admit. Lawson commissioned PMP Research, a British consultancy, to poll companies in the United Kingdom to see the effect of compliance regulations on financial services firms in that country. Because they handle other people’s money, financial services firms have perhaps lots more regulations than other industries, but the lessons learned by financial firms can be applied, in a general way, to any company |