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Many sales-focused businesses share the misconception that a face-to-face visit is always worth more than an online interaction. This may have been the case in the past but it’s not today, and not just because of the post-pandemic world. Business was well on its way to online engagement before COVID-19.
Many countries have adopted Free Trade Agreements (FTAs) which provide preferential access to certain markets for goods originating from those countries or regions that signed on to the agreement – an attractive prospect for businesses looking to stay competitive in an increasingly global market.
However, just 23% of businesses interviewed by Thomson Reuters for its annual global trade survey reported they had taken advantage of all available FTAs, which can open new markets and lead to significant cost savings. Wider export markets. And of those that do, often these companies use manual processes to manage their compliance.
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AuditBoard’s new ebook, T he InfoSec Survival Guide: Achieving Continuous Compliance , explores how organizations can best report on their compliance processes and gain support from the Board for critical areas. Increase in total addressable market if pursued vs. cost of certification. Cost of continued reporting.
Review success outcomes of completed and obtained compliance projects to support the value of ongoing maintenance Leverage technology to ease the burden. Technology can also help compliance teams communicate the value of assurance work to their stakeholders.
Each set of disclosure requirements has its own set of considerations and thresholds, including where you operate, whether you’re listed on regulated markets, your organizational structure, the number of employees within entities or groups, and your balance sheet total, turnover, and public float. The 12 draft ESRS are organized as follows.
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