Spreadsheets. Email chains. Shared drives. For many financial services firms, this is still how branch audits are managed — and the hidden costs are adding up.
Our latest white paper, The Hidden Cost of Manual Branch Audit Management, quantifies what manual processes are really costing firms in time, money, and risk exposure.
Among the findings:
- 49% five-year ROI, with payback in the first year
- Up to 50% reduction in audit-related risk exposure
- 3,792+ hours lost annually to manual audit workflows
- $1.47M in net present value savings achievable over five years through automation
If your audit program still runs on manual processes, the cost of inaction is greater than you think.
Download the full white paper for more insights.
About RegEd
RegEd is the market-leading provider of RegTech enterprise solutions with relationships with more than 200 enterprise clients, including 80% of the top 25 financial services firms.
Established in 2000 by former regulators, the company is recognized for continuous regulatory technology innovation with solutions hallmarked by workflow-directed processes, data integration, regulatory intelligence, automated validations, business process automation and compliance dashboards. The aggregate drives the highest levels of operational efficiency and enables our clients to cost-effectively comply with regulations and continuously mitigate risk.
Trusted by the nation’s top financial services firms, RegEd’s proven, holistic approach to RegTech meets firms where they are on the compliance and risk management continuum, scaling as their needs evolve and amplifying the value proposition delivered to clients.