Remove 2022 Remove Risk Management Remove Streamline Operations
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AI Regulations for Financial Services: OCC

Perficient Digital Transformation

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes.

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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

Conning’s analysis of statutory filings found that premiums generated by MGAs for US insurance companies grew at a startling rate of 27% in 2022. Everest Group’s research shows just about half of the major US-based property and casualty (P&C) insurers utilize MGAs to cover specialized risk.

Insurance 147
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Market Recommendations for Global Payroll in 2023

Immedus

Gartner’s 2022 report on global payroll solutions brings to light several key findings about the industry and makes recommendations for customers evaluating a global payroll provider. Current Market Trends in Global Payroll Organizations are taking greater efforts to streamline their payroll processing operations.

Payroll 52
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Leveraging Advanced Automation Technologies: Beyond RPA with AI & BPA

Metasource

There are many innovative solutions designed to streamline operations and enhance efficiency, but they’re not all created equal. According to a 2022 report by Gartner , RPA is primarily effective for rule-based, repetitive tasks. Complex Decision-Making HITL integration enhances complex decision-making within BPM.

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Finance Digital Transformation: Preparing For The Digital Future

Planergy Software

This new digital strategy also uses predictive analysis to detect patterns, and predict outcomes, while offering better risk management capability. While you may run into some roadblocks such as dealing with non-digital suppliers and customers, adopting these initiatives can help you streamline operations across your entire business.

Finance 52
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Accounts Payable: What Is It, Definition, Job Description, Process, and Software

Planergy Software

released in October 2022. QuickBooks QuickBooks is a powerful financial management software hosting a wide range of features to help businesses stay on top of their accounts. This can be done by establishing a threshold of acceptable levels of risk per contract and proactively monitoring those contracts on an ongoing basis.

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A digital edge for financial services: Navigating cybersecurity in the era of the Digital Operational Resilience Act (DORA)

Capgemini

In addition, proactive threat mitigation, robust risk management frameworks, and diligent third-party risk management are essential to DORA compliance. From this Digital Finance package, the Digital Operational Resilience Act (DORA) emerges as a pivotal legislative framework introduced by the European Union (EU).