Sure, a company can put together an elegant suite of best-in-class solutions for governance, risk, and compliance, but before investing in dedicated solutions, don’t overlook what you might have in place already—an enterprise resource planning suite that may be well suited to cover your GRC needs. Any entity large or regulated enough to look into […]
Dann Anthony Maurno
Posted inInternal Controls
ERP Systems Have Come a Long Way on GRC Solutions
Sure, a company can put together an elegant suite of best-in-class solutions for governance, risk, and compliance, but before investing in dedicated solutions, don’t overlook what you might have in place already—an enterprise resource planning suite that may be well suited to cover your GRC needs. Any entity large or regulated enough to look into […]
Posted inRegulatory Enforcement
Why Some Compliance Processes Are Going ‘On-Demand’
Companies have long sought to automate transaction monitoring, yet setting up a comprehensive process can be expensive and daunting, taking several months and often needing lots of tweaks and fixes. Now some are finding what could be a simpler way: the on-demand model. Not only can transaction monitoring help companies spot fraud in the early […]
Posted inTechnology
Some Growing Pains, but No Stopping BYOD
Are companies souring on the bring-your-own-device policies that allow employees to connect their own smartphones and tablets to the company network? According to a new survey on BYOD, they might not have been as enthusiastic about the practice as once thought. Despite the “puff and promise” of BYOD, adoption is quite low, found Azzurri Communications, […]
Posted inInternal Controls
Getting a Grip on Investigations & Data
One of the more promising applications of Big Data is getting better insights and more accurately targeting employees who might be involved in a matter during internal investigations. A typical investigation can pull thousands and even millions of documents into its nets, a nearly impossible volume for investigators to manage, particularly considering data privacy restrictions […]
Posted inAnti-Bribery
7 High-Risk Areas for International Employers
As U.S. companies employ more workers beyond the borders, keeping up with employment law and other compliance issues that arise on faraway shores can be quite a chore. It’s true that the European Union is growing more homogeneous, but member countries still retain a patchwork of employment laws and regulations. Some employment practices that are […]
Posted inTechnology
Anti-Bribery Efforts Turning to Technology
The Justice Department and the Securities and Exchange Commission released their “Resource Guide to the Foreign Corrupt Practices Act” more than six months ago, and compliance executives have been poring over its 120-plus pages of case studies and “what not to do” advice ever since. Nowhere in the guide, however, will you find the words […]
Posted inFrom the Archive
The Latest Fraud-Finding Tools
As companies continue to advance Big Data projects, they are realizing that sophisticated data analytics that combine structured and unstructured data might give them their best chance yet to pinpoint fraud, waste, and abuse by employees. The hybrid approach “builds a better mousetrap,” said Samir Hans, an analytics principal with Deloitte’s financial advisory services. “Just […]
