Compliance department spending plateaued in 2020

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A study of 117 organizations in the second half of 2020 showed that compliance department spending was projected to plateau in 2020 after several years of rapid growth, according to Gartner. In the period from 2017-2019 total compliance spend per 1,000 employees grew more than 42%, from $114k to $162k. However, due to the widespread economic disruption of COVID-19 that figure remained the same in 2020. “Like many business functions, compliance spending has been impacted … More

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Read the original article: Compliance department spending plateaued in 2020