KPMG: Regulatory Burden Driving Business Transformation
A KPMG survey reveals half of respondents say "regulatory compliance" is a burden on their abilities to plan for the future, and getting ahead of changes from Washington is in many cases as hard as combating new, disruptive technologies.
More than nine out of 10 U.S. companies are changing business models to meet customer demands and remain competitive, says Lynne Doughtie, Vice Chair U.S. & Americas Advisory at KPMG. Doughtie says the KPMG survey also revealed that half of the respondents said "regulatory compliance" imposes a burden on their abilities to plan for the future, and getting ahead of changes from Washington is in many cases as hard as combating new, disruptive technologies.
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