Measure performance against set expectations
An established compliance program measures the organisations performance against their set expectations such as internal policies, legal and regulatory requirements, and contractual obligations. A Compliance Program gives senior management the assurance to inform stakeholders that the business is on track to deliver on its goals.
Improve resource allocation and maximise growth.
Having a risk management framework in place delivers improved resource allocation and prioritisation. Resources can be prioritised to maximise growth and value to the organisation, with risk management in mind.