Calculating the Cost of Compliance

The Alacra Compliance Remediation Calculator is available to help compliance executives determine the best use of resources to tackle a group of entities. Using the Remediation Calculator is easy. You fill your assumptions into the yellow cells in the spreadsheet and the calculator gives you an estimate of the cost and duration of the project. But like any estimator, the quality of output is dependent on the quality of your assumptions. So you will need to spend some time first gathering information on your project. The types of details you will need for a quality estimate include:

Further instructions and the Excel® file can be found here: http://www.alacra.com/blog/how-to-budget-a-compliance-remediation-project

*The Calculator is intended to help you determine budget costs and time frames, however, it is reliant on your assumptions and data.