Confusion over Sarbanes-Oxley requirements may be a reason companies struggle to reduce compliance to a set of ongoing, automated processes.
Compliance goes more smoothly when companies take a holistic approach. Only about 60 percent of companies say compliance processes run smoothly. Those that say so typically comply with regulations in an integrated rather than a piecemeal way, in part by creating a point person for corporate compliance. But even these companies are struggling to turn compliance into a set of fully automated processes. Confusion over Sarbanes-Oxley requirements may be why. The bottom line: Compliance is still more of a project than a process, but companies are getting closer to compliance a business-as-usual background activity.
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