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11 Key Reasons Why Your Companies Should Outsource Software Development

Groove Technology

Many businesses today, from SMEs to large enterprises, are under increasing pressure to deliver innovative software solutions that meet market demands and customer expectations. Software development is key to business success, but managing this process internally often comes with significant challenges in terms of cost, time, and resources.

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7 Risk Management Best Practices: A Guide for Global HR

Globalization Partners

Like most areas of business, global human resources (HR) teams face common risks that they must learn to navigate at each stage of the employee lifecycle – from recruitment to offboarding. We’ll start by setting out what we mean by risk management before collating a list of seven best practices. What is risk management?

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What is Automated Vendor Risk Management? – Definition

Obobo

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

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Leveraging Advanced Automation Technologies: Beyond RPA with AI & BPA

Metasource

While robotic process automation (RPA) has made significant strides by streamlining repetitive tasks, it’s safe to say it’s not perfect and often falls short when dealing with more complex and dynamic processes. This leads to faster invoice approvals, better cash flow management, and significant cost savings for organizations.

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How Process Mining Accelerates Efficiency for Highly Regulated, Customer-obsessed Industries

Perficient Digital Transformation

In the dynamic environment of highly regulated industries like healthcare and financial services, leaders often balance competing goals to delight customers while cutting costs. This has challenged many organizations to better optimize and intelligently automate business processes and experiences.

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How can a supplier management software reduce risk?

Obobo

How can a supplier management software reduce risk? Introduction Supplier management software (SMS) is one of the most important tools in any business’s toolkit. It can help you manage and track your supplier relationships, ensuring that you’re getting the best possible products at all times.

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3 Key Takeaways from XLoD 2024

Perficient Digital Transformation

The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control. Even if not fully effective initially, generative AI software will gradually reduce false positives, improving the value of risk findings over time.