June 20166 Editor-in-ChiefManaging EditorEditorial StaffSales Mailing AddressTo subscribe to APACCIOOutlookVisualizersAPACCIOOutlook44790 S. Grimmer Blvd Suite 202, Fremont, CA 94538Visit www.apacciooutlook.comShravan KashyapStephen ThomasLarry KohenRachi V SharmaCopyright © 2016 ValleyMedia Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.June 21 2016, Volume 2 SE 31 Published by ValleyMedia Inc.Madhurima RoyVanessa StewartRandy GomesDean AmbrosAshwani KumarRaksha ThimmaiahJason Jacobjason@apacciooutlook.com852-8191-6185EditorialShould compliance be viewed as a mere business requirement or can it manifest itself into being a critical competitive advantage for businesses? This debate has been going on for quite some time in the industry, but of late, the scale has been tipping in favor of compliance rendering a distinct competitive edge to businesses across the globe. Gradually yet surely compliance has moved up in the corporate sector's priority list as the advantages that firms stand to gain through being compliant are immense. Not only does it reduce the fines that a business entity has to pay but also affects the bottom line in a big way and builds a strong brand reputation in the industry.With the advent of time, the world has become increasingly digital and businesses have become more global. As a consequence regulators have intensified their attention and reach across regional, national and international borders. Companies today require staying on top of their game and being ready to deal with the ever evolving regulatory landscape. Staying proactive is also of great importance as companies must adapt to new regulations into their existing compliance program. Technology is being viewed as a major facilitator in the compliance industry as it can render efficient use of time and resources. Gone are the days when a company had to have a large dedicated workforce working in the compliance sector. Service providers have come up with solutions that can automate the process and make the process more comprehensive and convenient for organizations. The next wave of GRC solutions is here to help organizations across the globe make the most of technological trends. Do let us know your thoughts.Rachi V SharmaManaging Editoreditor@apacciooutlook.comTechnology a Major Facilitator in the Compliance Industry
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