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This highlights the importance of investing in proactive compliance controls early, helping to safeguard your business from both financial and operational risks. “The distinction between an independent contractor and an employee is critical, as it has significant legal and regulatory implications across Africa.” In fact, we have observed that organisations who implement additional controls before starting a system upgrade experience a smoother transition. By identifying and addressing compliance risks early, they’re able to make more informed decisions throughout the
implementation process, aligning the new system more closely with the needs of their business and reducing the chances of costly mistakes later on. The Importance of Governance and Compliance Controls The key takeaway is that merely implementing a new time and attendance or payroll system without addressing compliance upfront is insufficient. Adding governance and compliance controls from the start adds significant value to your business, whereas relying solely on implementing a new system overlooks critical aspects of regulatory adherence and risk management.
Your Return on Investment: 1. Operational efficiency 2. Cost-savings 3. Business protection
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