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Regulation, Governance and Controls: Taking control

Financial Responsiveness

It’s hard to imagine a more challenging environment when it comes to regulation, governance, and controls than the one most organizations face today. The dawn of the extended enterprise has resulted in a control environment that is increasingly complex, hard to understand, and difficult to manage. Acquisitions. Disposals. Restructuring. Today, anything is possible. At the same time, control-related projects are losing support as companies tighten their belts.

All this occurs as regulatory bodies are increasing their requirements and administering harsher penalties with fewer experienced hands to drive controls systems. Plus, many organizations are struggling to manage costly, time-consuming manual processes. And they’re having to account for a wider variety of issues subject to regulation, from data security to tax compliance and investment strategies. Simply put, regulation, governance, and controls will remain a major headache for CFOs, at a very difficult time.

This isn’t a part of your business where you can just drop in technology and achieve the results you need.
It takes a clear view of broader business goals and finance capabilities to drive real value. That’s where Deloitte can help.

Negotiating today’s environment of regulation, governance, and controls
Too often, regulation, governance, and controls becomes a priority only when there’s already a problem. The most effective organizations have a more disciplined approach, one that helps them steer clear of emergency situations in the first place. Here are a few of the lessons Deloitte has learned from our experience helping organizations improve their capabilities in the area of regulation, governance, and controls:

Think beyond technology
Process and cultural change are key components of any regulation, governance, and controls improvement initiative. And technology has a big role to play. But it’s only in conjunction with people and process improvement that you’ll see the benefits you want. Plan accordingly.

Count on automation
Compliance is primarily a reactive process unless you have the right technologies and processes in place to increase the level of automation.

Many organizations know the right things to do, but have no clear sense of which should take priority. Do you know where regulation, governance, and controls sit on the list of priorities? If the answer is “no,” most likely it’s at the bottom of the list.

How Deloitte can help
Deloitte’s Responsive Finance framework recognizes the importance of combining deep technology experience with practical business strategy. We also know the importance of good business conduct when it comes to operating within today’s regulatory frameworks. Our firm offers an unmatched range of capabilities across consulting, financial advisory services, tax, and risk management worldwide. This integrated approach means Deloitte can effectively help organizations in their efforts to understand how technology solutions targeting regulation, governance, and controls can be designed and implemented to deliver even more value across their businesses. Our services include:

Risk management
We can help organizations establish a vision for risk intelligence and match it with implementation capabilities. From specific risk expertise in areas such as security, finance, and supply chain, to advanced risk data analytics capabilities, Deloitte can help.

Controls and compliance
Deloitte has experience with industry-specific controls, assessment, and design, as well as their implementation. We also have in-depth knowledge of SAP solutions, including SAP BusinessObjects Access Control and SAP BusinessObjects Process Control. And with a regulatory controls database and fraud and forensic capabilities, Deloitte offers a complete package.

SAP solutions

  • SAP BusinessObjects Governance, Risk, and Compliance solutions
  • SAP BusinessObjects Access Control
  • SAP BusinessObjects Process Control

“Deloitte stands as the leader in information security consulting as well as a leader in IT Risk Consulting, due to its depth and breadth of services, and, most importantly, because Deloitte is able to seamlessly integrate its understanding and knowledge of the business with its delivery capabilities in the security business.”

— Forrester Wave™: Information Security and IT Risk Consulting, Q1 2009

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms.


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