The modern global economy encompasses a wide variety of businesses and companies. Businesses differ greatly in their method of operation and definition of success. Businesses range from small local companies to international corporations. Given this wide variance, business regulation is a very complex topic. There is no one-size-fits-all method of regulation. A method that will work well in one...

Œe ever-increasing obligations of regulatory compliance are presenting a new breed of challenges for organizations across several industry sectors. Aligning control objectives that stem from regulations and legislation with business objectives devised for improved business performance is a foremost challenge. Œe organizational as well as IT structures for the two classes of objectives are o‰en ...

Modern goal-oriented requirements engineering frameworks use modeling as a means of better understanding a domain, leading to an overall improvement in the quality of the requirements. Regulations and laws impose additional context and constraints on software goals and can limit the satisfaction of stakeholder needs. Organizations and software developers need modeling tools that can properly ad...

In this paper, we explore the effectiveness of supervised learning methods in predicting the short-term viability of retail pharmaceutical businesses. We use data mining techniques such as linear discriminant analysis, k-nearest neighbour (k-NN) and the C4.5 Decision Tree to classify retail business units from the Greek pharmaceutical sector into viable and non-viable classes, while operating i...

Process compliance deals with the ability of a company to ensure that its business processes comply with domain-specific regulations and rules. So far, compliance issues have been mainly addressed for intra-organizational business processes, whereas there exists only little work dealing with compliance in the context of cross-organizational processes that involve multiple business partners. As ...

Compared to business-to-consumer (B2C) e-commerce, business-to-business (B2B) e-commerce is larger, growing faster and has less unequal geographical distribution globally. In this paper, we examine the current stage of B2B e-commerce development across four global regions and propose a model to explain the magnitude and global distribution of B2B e-commerce activities. Our analysis indicates th...

Today’s enterprises demand a high degree of compliance in their business processes to meet diverse regulations and legislations. Several industrial studies have shown that compliance management is a daunting task, and organizations are still struggling and spending billions of dollars annually to ensure and prove their compliance. In this demonstration, we present, BP-MaaS (Business Process Mon...

Recently, many organizations are investing a great amount to revamp their business policies in order to comply with the new regulations related to Sarbanes-Oxley. For organizations with large-scale business processes, maintaining those processes to meet the changing policies is a non-trivial problem. In this paper, we present an innovative process mapping methodology named Policy-Driven Process...

In recent years compliance has emerged as one of the big IT challenges enterprises are faced with. The management of a multitude of regulations and the complexity of current business processes are problems that need to be addressed. In this paper we present an approach based on so-called compliance templates to develop and manage compliant business processes involving different stakeholders. We...

The ever increasing obligations of regulatory compliance are presenting a new breed of challenges for organizations across several industry sectors. Aligning control objectives that stem from regulations and legislation, with business objectives devised for improved business performance, is a foremost challenge. The organizational as well as IT structures for the two classes of objectives are o...