Evidence suggests that companies deploying enabling technologies that reduce the complexity of file management can decrease the overall compliance costs
associated with the storage of unstructured information," said Larry Ponemon, chairman of the Ponemon Institute.
Using a benchmark analysis of approximately 100 organizations, Ponemon Institute researchers validated the fact that deploying enabling technologies that reduce the complexity of file management can decrease the overall compliance cost
associated with the storage of unstructured information.
This study of the extent of compliance costs
facing small businesses in New Zealand took place in three stages: a preliminary interview, a 13-week period where records were kept of the time and money spent on compliance, and a follow-up interview.
And what the public might not be aware of in terms of compliance costs
, industry experts are only too happy to share.
As a result, the installation of in-line fluxers can decrease emissions, encourage more efficient chlorine use and reduce compliance costs
In addition, she points out that a 1992 CSAB report sets the total compliance costs
, which is predominantly paperwork, at $20 billion annually.
NAM's estimate of total compliance costs
is nearly identical to the findings reported in "'The Ten Thousand Commandments," a recent paper produced by economist Clyde Wayne Crews Jr.
The conventional wisdom is that, in most cases, European industry has negotiated allowances for the 2005 to 2007 period that can be met without incurring significant direct compliance costs
Business and accounting groups have been grumbling all year about the compliance costs
of Sarbanes-Oxley, particularly the Section 404 requirements mandating companies review and report on the adequacy of their internal controls and that an independent auditor attest to the adequacy of that corporate review.
Complicated accounting rules, tax requirements, and workplace regulations may eat up billions a year in compliance costs
, but the alternative, it's assumed, is giant companies with unchecked power.
The goods and services tax has cost Canadian businesses almost $10 billion in implementation and compliance costs
, according to John Bulloch, president of the Canadian Federation of Independent Business (CFIB).
Our technology provides more than 70% reduction in compliance costs
and quick implementation of a solid security compliance program that is based on industry best practices and standards.