Comprehensive Regulatory Compliance Cost Assessment Diagnostic Now Available

Uncovering the hidden and true costs of regulatory compliance enterprise-wide has been problematic for a wide majority of companies. Now companies can leverage a unique and comprehensive Regulatory Compliance Cost & Opportunity Assessment Service that is announced today by RuleSphere International.

Harvard, Massachusetts (PRWEB) December 11, 2006 -- RuleSphere International today announced the availability of their new Regulatory Compliance Cost & Opportunity Assessment Service. This consulting service, available worldwide, helps companies, business units, and departments to 1.) uncover the hidden costs associated with regulatory compliance practices and 2.) address an urgent need for the creation and institution of a more effective and sustainable compliance process. A wide range of regulatory compliance practice disciplines and processes can be assessed under this comprehensive service including risk management, Information Technology (IT) governance, and the automation of internal controls by the IT organization. The Regulatory Compliance Cost & Opportunity Assessment Service is priced according to the number of sites involved and the various optional add-ons that might be needed.

Companies of any size and organizational complexity can benefit from RuleSphere's diagnostic. In addition, the RuleSphere service is "technology agnostic", meaning that the benefits that result from the service are not diminished no matter what compliance system technologies might be currently in use, or technologies under consideration for future installation. The service offering is applicable to international, federal, state, local, product, environmental, and other regulations, laws, and standards. It is highly adaptable to specific compliance mandates, enterprise risk management, and highly popular best practice frameworks commonly associated with regulatory compliance practice disciplines. The "opportunity" component of the diagnostic focuses on end-to-end regulatory compliance processes that currently span both business and technology professionals. The service can optionally be configured to develop the optimal regulatory process improvements needed for a particular compliance project or program.

"By shining a spotlight on a company's one-time and recurring compliance costs" says Phil Wilson, Founder and Chairman of RuleSphere, "we can assist management in building a business case for change. The business case that results from our work is used to optimize the client company's underlying regulatory compliance infrastructure… meaning core process improvement. The client's new cost understanding then enables executives to come to grips with a set of compliance-critical questions such as 'how much is our project-by-project (vertical) approach to compliance actually costing us?'… as well as, 'what new process or processes do we need to help us to move to a long-term horizontal approach to sustain compliance practices?' "All too often we find that companies are not aware of their true costs of compliance," says Wilson. "As most enterprise-wide compliance activities are so highly fragmented and disjointed it's hard for our customers to get their arms around the overall enterprise costs. There's strong market demand for a service that not only can uncover the hidden hard and soft costs for an entire enterprise, but to also document them as the primary foundation for building a business case to change the compliance status quo… to change the informal compliance processes that are currently in place."

RuleSphere's service offering provides a detailed assessment of both the hard and soft costs that are normally associated with compliance projects and programs. Yet, in addition to these, RuleSphere consultants document other costs that are often missed by the wide majority of compliance cost assessment services. These hidden costs can be found at all levels of an enterprise. Costs associated with risk assessment, risk management, internal controls assessment, performance management, business / IT governance, management and executive oversight, compliance project management, internal controls automation, audit management, and in a number of other key areas are scrutinized by RuleSphere for relevant costs that might not be readily apparent to management.

For additional information contact:
RuleSphere International, Inc.
North American Inquiries 1(877)438-0742 Sales Extension #1
International Inquiries 1(978)456-8253
info@rulesphere.com
www.RuleSphere.com

Founded in 2001, RuleSphere International, Inc. is the global leader in providing integrated Performance Management, Governance, and Regulatory Compliance (PGC) managed services and systems for the multi-national enterprise. RuleSphere's PGC solutions and services ensure bulletproof regulatory compliance and 360° management oversight across functions and operational practices. RuleSphere is headquartered in Harvard, Massachusetts with offices in Boston, Chicago, and Los Angeles.

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