Compliance protects against financial or reputational damages. The implementation of Compliance only after occurrence of damage is more expensive, disrupts the
ongoing business and therefore has a negative impact on turnover and profit. Prevention is always the more favorable alternative.
Compliance midterm will contribute to cost reduction. Targeted use of suitable Compliance software and reduction in premiums for D&O liability
insurance are only a few examples.
Compliance makes an organization a preferred business partner. To better protect themselves companies increasingly request effective
Compliance structures from the opposite party.
Compliance can be a competitive advantage and can result in an increase of reputation. Public opinion expects from all players taking
measures to guarantee Compliance – why not be proactive and also use Compliance as a marketing instrument?
Compliance makes lending money easier. To more efficiently mitigate their own risk banks increasingly reflect on Compliance when it comes to
Compliance makes expansions more predictable. To as far as possible rule out bad surprises it became an important aspect in mergers &