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The ROI of Workflow Compliance in High-Stakes Industries

Many companies still run operations on shared spreadsheets, email threads, and tools that cannot handle sensitive data. IBM's 2024 Cost of a Data Breach Reportfound that the average breach at a small business costs between $120,000 and $1.24 million, depending on severity. For many mid-sized companies, that is not a recoverable hit. But breaches are only one part of the equation. In a recent PwC survey, 86% reported that compliance obligations have grown more complex over the past three years, and 77% said that complexity has negatively impacted five or more areas that drive growth, including profitability, resource capacity, and market expansion.