Compliance Quotes
When you looked at the deduction versus the cars being donated, there was a discrepancy. There were some real concerns and compliance issues. There were situations where people were being told they could deduct the Blue Book value, period.
- Eric Smith
When the annual FISMA grades are released -- which could be imminently -- you have to ask yourself, what do those grades really mean? The high grades could mean a lot of compliance, but not a lot of security. The low grades could mean that there's plenty of security in place, but it just wasn't verified on paper properly.
- Bruce Brody
What most employees do not realize is that corporate rebates and incentives are enacted when the employee population reaches thresholds outlined in their vendor contracts. Meaning, while an employee thinks the actual cost of his or her airline ticket is $500, the actual cost may be much less. And in most cases preferred supplier contracts contain volume commitments that, if not met, could jeopardize an entire contract and cost the company millions in lost discounts based on non-performance. This is precisely why compliance with preferred vendors and contracted rates is critical.
- Jeff Pulver
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