When an organization’s compliance function is effective, its success is often quantified by what didn’t happen: lawsuits, damage to reputation, lost business, legal sanctions and so on. The absence of any compliance-related incident often makes management complacent about compliance.

As a result, some of the function’s budget may even be reallocated to fund activities that are perceived to have a better impact on shareholder value and earnings. However, with focus on anti-corruption laws and workplace safety policies intensifying globally, such a stance carries significant risks.

Download this white paper to learn:

• The Hidden Costs of Ignoring Contractor Management
• The Rise of the Extended Enterprise
• Offsetting Third-Party Risks to Drive Value
• Costs of In-house Contractor Compliance Management
• The Cost of Procrastination