Sarbanes-Oxley Basel ii Compliance and Product Repositioning Service, from Compliance LLC

Released on = May 4, 2006, 12:45 am

Press Release Author = Compliance LLC

Industry = Small Business

Press Release Summary = Vendors, suppliers and service providers have to reposition
their products to meet the new compliance needs. After the end of a confidential
survey among IT, risk and compliance professionals, Compliance LLC announced a new
fixed fee / fixed terms consulting service: \"Sarbanes-Oxley and Basel ii Compliance
and Product Repositioning\"


Press Release Body = FOR IMMEDIATE RELEASE
5/4/2006

Sarbanes-Oxley / Basel ii Compliance and Product Repositioning from Compliance LLC

April 20, 2006 - Wilmington, DE, USA. Compliance LLC (www.compliance-llc.com), a
leading international provider of Sarbanes Oxley and Basel ii training and
consulting, announced the addition of new \"Compliance and Product Repositioning\"
consulting services for vendors, suppliers and service providers.

\"Sales teams struggle to achieve targets because they often fail to stand in the
shoes of executives and experience the business challenges their customers face\"
said George Lekatis, General Manager and Chief Compliance Consultant of Compliance
LLC. \"Sales cycles can be long, but there are some exceptions to this rule.
Compliance and internal controls are required by law. There are deadlines to meet.
Vendors, suppliers and service providers must reposition their products to meet the
compliance requirements. Compliance is a "must have". Availability, security, better
IT services, all these services are \"nice to have\".

In a survey conducted for Compliance LLC in several countries, and from the feedback
after the completion of Sarbanes Oxley and Basel ii classes, about 2/3 of IT, risk
and compliance officers try to avoid consultants because:

1. Consultants sometimes are good generalist problem-solvers but often they lack the
deep knowledge and the specialized expertise that clients are demanding.

2. Consultants are often "product-focused" rather than "solution-focused". They have
ready products to sell, whatever is your problem.

3. Some experts are very good to sell consulting services. Once the contract is
signed, these experts usually go to sell another project. Less experienced
consultants are responsible for the implementation.

4. Consultants often try to find evidence (or "killer findings") in order to cut the
loyalty bond between the client and their people. This is a way to make the client
dependent on them.

5. The fees are huge and not fixed. There are also some very creative ways that
consultants use to extract money from clients. Clients have to cover expenses that
are not reasonable.

6. Consultants are not interested in small engagements. They always try to sell
million dollars projects.

7. When a consulting firm is known to be coming into a company, one of the results
will be that many people will lose their jobs.

\"We are really different\" said George Lekatis. \"We never recommend firing your
employees. We believe that you must train them and trust them. In Compliance LLC we
have a fixed fee / fixed terms policy. You hire specific persons, not "consultants".
You know the exact final cost of any project, and everything is included in this
price (expenses, flights, tax etc.). For example, I charge $18,000 per week. I need
1 to 2 weeks for compliance assignments in Europe, Asia or in the States. Hotels,
flights, tax; everything is included in this price. A great value for money and an
absolutely honest proposal. There are different (but fixed) billing rates depending
on the seniority and experience of our other consultants\"

The new Consulting and Training Services Catalog is available at the company\'s web
site
(www.compliance-llc.com).

For further information, contact Lyn Spooner, E-mail: lyn@compliance-llc.com, Tel:
+1 (302) 342-8828 Ext 1, or George Lekatis, E-mail: lekatis@Compliance-LLC.com, Tel:
+1 (302) 342-8828 Ext 5.
Web: www.compliance-llc.com. The new Consulting and Training Services Catalog:
http://www.compliance-llc.com/ComplianceLLCConsultingTrainingServices.pdf

Web Site = http://www.compliance-llc.com

Contact Details = Lyn Spooner
1220 N. Market Street Suite 804
Wilmington , 19801
$$country

+13023428828
lyn@compliance-llc.com
http://www.compliance-llc.com

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