The True Cost of Compliance: A Benchmark Study of Multinational Organizations
THE COST OF NON-COMPLIANCE CAN BE MORE EXPENSIVE THAN INVESTING IN COMPLIANCE ACTIVITIES
While the average cost of compliance for the organizations in our study is $3.5 million, the cost of non-compliance is much greater.
The average cost for organizations that experience non-compliance related problems is nearly $9.4 million. Thus, investing in the compliance activities described in this study can help avoid non-compliance problems such as business disruption, reduced productivity, fees, penalties and other legal and non-legal settlement costs.