Ethics and compliance professionals often confront the misperception of compliance as a cost center - a function that is sometimes viewed as utilizing precious resources without providing clear financial value. Compliance executives, however, are learning how to convert detractors into supporters by demonstrating the value of the compliance function and a positive “return on investment” (ROI) for the company.
A new RANE checklist, produced in partnership with Dow Jones Risk & Compliance, lays out five practical ways to calculate ROI on compliance.
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