BOSTON, MA--(Marketwire - August 12, 2008) - In the newly released benchmark report, "Is Your
GRC Strategy Intelligent? Analytics for Accurate, Real-Time Visibility and
Decision Making," Aberdeen Group, a Harte-Hanks Company (
NYSE:
HHS), found
that Best-in-Class organizations realized a 25% increase in management's
ability to access the company's current risk status as a direct result of
incorporating analytic tools into their governance, risk management, and
compliance (GRC) initiative -- an average increase 157% greater than all
other organizations.
This report identifies the strategies, internal capabilities, technologies,
services, and methodologies that
Best-in-Class organizations employ in their GRC initiatives, and provides a
roadmap of actionable recommendations for companies seeking to either
optimize an existing implementation or begin developing a GRC initiative.
Considered a key part of their GRC strategies, supplementing consistent
monitoring of risk and compliance processes with relevant analytic tools
allowed Best-in-Class organizations to increase visibility and knowledge
into risk and compliance activities by a mean average of 34%; an average
increase 2.5-times greater than all other organizations. Additionally, by
focusing their strategies and tactically ensuring budgetary allocations
facilitate business enrichment, Best-in-Class organizations fully
capitalize on the enhanced visibility and knowledge and realized a mean
average 22% increase in the speed at which business-critical decisions are
able to be made; an average increase 2.4 times greater than all others.
"By substantially improving the visibility into risk and compliance
functions and enabling a common and consistent enterprise-wide language
through analytic-backed GRC initiatives, organizations have the opportunity
to capitalize on improved operational efficiencies stemming from the
streamlining, automation, and elimination of costly and redundant
processes," states Stephen Walker, senior research associate at Aberdeen.
"Organizations also enable upper-level decision makers to more quickly,
accurately, and confidently make business-critical decisions based on a
more complete view of the companies overall risk and compliance posture."
The report educates end users on how Best-in-Class organizations are
developing, implementing, and managing their GRC initiatives as compared to
others, and recommends clear actions to improve risk and compliance
efficiency and effectiveness and drive sustainable, business-advancing
benefits through the correct blend of capabilities, policies, processes,
technologies, and services.
A complimentary copy of this report is made available due in part by the
following underwriters: BPS and Neohapsis. To obtain a complimentary copy
of the report, visit:
http://www.aberdeen.com/link/sponsor.asp?cid=4888.
To access all of Aberdeen's complimentary research, please visit
http://research.aberdeen.com.
About Aberdeen Group, a Harte-Hanks Company
Aberdeen is a leading provider of fact-based research and market
intelligence that delivers demonstrable results. Having benchmarked more
than 30,000 companies in the past two years, Aberdeen is uniquely
positioned to educate users to action: driving market awareness, creating
demand, enabling sales, and delivering meaningful return-on-investment
analysis. As the trusted advisor to the global technology markets,
corporations turn to Aberdeen™ for insights that drive decisions.
As a Harte-Hanks Company, Aberdeen plays a key role of putting content in
context for the global direct and targeted marketing company. Aberdeen's
analytical and independent view of the "customer optimization" process of
Harte-Hanks (Information - Opportunity - Insight - Engagement -
Interaction) extends the client value and accentuates the strategic role
Harte-Hanks brings to the market. For additional information, visit
Aberdeen
http://www.aberdeen.com or call (617) 723-7890, or to learn more
about Harte-Hanks, call (800) 456-9748 or go to
http://www.harte-hanks.com.
© 2008 Aberdeen Group, Inc., a Harte-Hanks Company
451 D Street, Suite 710
Boston, Massachusetts 02210-1928
Telephone: (617)854-5200
Fax: (617) 723-7897
www.aberdeen.com
Contact Information: Media Contact:
Stephen Walker
Aberdeen Harte-Hanks
(617) 854-5349
Stephen.walker@aberdeen.com