FISMA News

Brabeion Releases ROI Guidance to Support Risk and Compliance Cost Cutting While Meeting Increasing Regulatory Demands

(Nov 13, 2008)-- Brabeion Software, a market proven provider of IT Governance, Risk and Compliance (IT GRC) Management software, today released an executive brief aimed at supporting enterprise cost cutting initiatives, while meeting increasing regulatory demands.

Faced with the 2008 financial crisis, companies are being forced to reduce costs while preparing for an impending increase in regulatory demands. As such, organizations must improve the operational efficiency of their risk and compliance initiatives while providing a scalable framework on which to build and run their risk and compliance program.

"Impact Brief: Using Risk and Compliance Management to Support Cost Cutting Initiatives" includes a Return on Investment (ROI) blueprint, guidance, and questions to assist companies in better understanding their current costs so they can identify opportunities for cost savings and improving operational efficiencies. Answers to these questions can be used as a basis for a risk and compliance technology ROI analysis.

"Companies are in a tight spot, being asked to freeze and in some cases cut Q4 2008 operational expense budgets by 10-20%, while bracing for similar budget reductions in 2009," said Julian Waits, CEO of Brabeion.

At the same time, existing regulations will become more stringent and new regulations are sure to be introduced. This impact brief is a powerful tool specifically designed to help companies create cost justification for replacing existing inefficient tools and processes by leveraging risk management and compliance technology."

For more information, visit www.brabeion.com.

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