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3 Opportunities to Improve Contract Performance By Leveraging Regulatory Compliance

Apr 18th, 2011
by mpodowitz.
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Many companies already leverage early-pay discount terms with their vendors (and those who don’t, should!), but this is just the tip of the iceberg. Within their compliance function, many companies already have the capabilities and tools in place they need to  of potential opportunities to improve performance of contracts with their customers and suppliers.

The IT Value Challenge’s author makes the case to do so and shares how to get started in a new byline article on CorporateComplianceInsights.com.

To read the article click here or visit CorporateComplianceInsights.com.

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A Value Case for FCPA Compliance

Feb 8th, 2011
by mpodowitz.
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Many companies choose to invest significant time, effort and money into Foreign Corrupt Practices Act (FCPA) compliance because they fear the consequences of failure to comply. The good news is that FCPA compliance can have an upside: creating value for the business.

In a new byline article on CorporateComplianceInsights.com, the IT Value Challenge’s author shares three ways to leverage FCPA compliance to creatve value for the enterprise and getter a better return on those frequently mandatory investments.

To read the article click here or visit CorporateComplianceInsights.com.

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Regulatory Compliance: Are You Affected?

Dec 3rd, 2010
by mpodowitz.
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In a new article in Processor Magazine, the IT Value Challenge’s author shares a value case for voluntary regulatory compliance enabled by IT as part of an overall strategy of facilitating enterprise regulatory compliance.

To read the article click here, or visit Processor.com, or see page 27 in the December 3rd print edition.

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Making the most of Continuous Controls Monitoring investments

Aug 12th, 2010
by mpodowitz.
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Despite the steep costs of implementing Continuous Controls Monitoring (CCM), AMR Research reports that it will be one of the top three GRC investment areas of 2010. GRC executives must maximize the value of this significant investment to justify increased GRC spending going forward.

Many IT departments have, or will, be challenged to make significant investments in CCM technology in 2010 and 2011. There are opportunities for IT to work with Governance, Risk and Compliance groups to maximize the return on those investments and extend the core capabilities of CCM technologies to create value elsewhere in the business. By doing so, IT can demonstrate additional value and help justify other technology-enabled process improvements as well.

To read the article click here or visit CorporateComplianceInsights.com.

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IT Value Alert: IT and Legal make strange, but potentially synergistic, bedfellows

Jun 30th, 2010
by mpodowitz.
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In a recent article on ForensicUpdate.com, author Johnny Lee shares the results of a recent survey of IT and legal professionals and points out that IT and legal departments appear to be working together even less at a time when collaboration between those two departments may be critical in protecting the company’s interests in the face of Foreign Corrupt Practices Act (FCPA) enforcement and ever-stricter eDiscovery requirements when defending the company during litigation. (more…)

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Making the Value Case for Enterprise Risk Management

May 27th, 2010
by mpodowitz.
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The challenge for executives advocating implementation of or improvements to enterprise risk management (ERM) is to look beyond risk and make the case that an efficient and effective ERM program can create a positive, tangible impact on the top or bottom line.

Many IT departments already are familiar with ERM as IT often features in enterprise risk analyses as a cause of enterprise risk. However, IT can also be a primary source of solutons — both in terms of the ERM process as well as the improvement of enterprise risk positions. Executives seeking inspiration for opportunities to increase IT value through addressing key business needs should take a close look at how they can help make the value case for ERM.

Read the full article here or visit www.corporatecomplianceinsights.com.

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New member appointed to the ISACA 2010 IT GRC Conference Task Force

Mar 12th, 2010
by mpodowitz.
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The IT Value Challenge’s author has been appointed to the Information Systems Audit and Control Association’s (ISACA) 2010 IT Governance, Risk and Controls (GRC) Conference Task Force. This task force is responsible for setting the structure, agenda and content of this pivotal annual conference for the IT GRC community. 

Matt Podowitz has also been asked to serve on ISACA’s IT Governance Forum, a leading source of thought leadership and guidance on increasing value realized from information technology investment through the effective and efficient implementation of leading IT governance practices.

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