It is reported that CIO’s are spending 8 − 10 percent of their budgets on compliance efforts and that CEO’s and Executive Boards are telling them to "just get it done." What does this mean for your organization? How can your company meet compliance and regulatory demands with shrinking budgets and staff?

Hearing the words compliance and regulatory can bring memories of court room hearings and auditors to your minds. With the introduction of Sarbanes-Oxley organizations are forced to comply with strict record retention, retrieval and destruction policies. How information and data is stored and maintained also has rules and regulations.

Organizations today are looking to create best practices for better ROIs when implementing records management systems. They are developing standard operating procedures (SOPs) that incorporate the rules and regulations imposed on them by policies such as SOX, Part 11, and HIPAA.
 
Within these SOPs auditors can now find the checks and balances needed for the yearly audits, they are able to validate the work processes and collateral that accompanies these processes. This creates the ability for organizations to prove they are compliant.  

Consortio’s Professional Services organization has consultants who have worked in the Energy, Healthcare, Pharmaceutical, Construction, and Financial industries to create IT Governance structures. At Consortio, we have the expertise to help your organization comply with legal and regulatory requirements.