Lowering Compliance Costs
Challenge: A client was looking for a local auditor to help lower their costs, provide additional consulting pursuant to business growth and offer advice on their credit card security practices and compliance (PCI DSS).
Solution: After listening to the client’s needs, the Audit practice connected the Advisory Services practice with the organization’s CFO. The client ultimately accepted our PCI services bid, which was 38% less than the incumbent, a large national firm. This was a win-win for the client, as they leveraged a local firm and lowered their compliance costs. With both the financial statement audit work and IT audit work, we have become the trusted advisors for the client and reduced their overall spend related to annual compliance, while focusing on their goals and growth objectives.