In a time of uncertainty, an effective integrated risk management function can allow businesses to drive faster – safely; rapidly innovating, growing and developing the business to meet the challenges of the market, but doing so in a managed, controlled manner.
Yet some organizations still rely on fragmented and siloed processes to manage their risk and compliance functions. Outdated modes of managing risk and compliance may not be able to keep up, and mistakes can begin to slip through the cracks. And in the era of a new reality of working, such mistakes may prove disastrous.
Is it one or more of these commonly held reservations?
Read this paper to explore KPMG perspectives that address each of these positions and show ways that technology can actually help improve risk and compliance functions.