| The threat of financial penalties and damage to corporate reputation, through non-compliance and poor corporate governance, is creating arguably the strongest impetus behind the adoption of Enterprise Content Management (ECM) technology within the construction industry.
The procedures by which a company conducts its business can have a dramatic impact on its shareholder value, whether the company is private or publicly quoted. Non-compliance can bring more than just commercial loss; increasingly criminal charges can be brought against those responsible, with catastrophic consequences.
Industry association AIIM Europe has found that one in four UK companies are concerned that their electronic records may not be accurate, accessible or trustworthy. Less than 50% feel sure that they would pass an audit. By capturing and storing all project information in an audited environment, companies can greatly mitigate against the risks posed by specific legislation.
For companies in the construction industry who understand the need to make compliance an integral part of every business process, Causeway Enterprise Content Management is the solution, enabling you to reduce risk and enhance corporate accountability by complying with industry and government regulations.
Click here to download the Causeway Enterprise Content Management datasheet.
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