SIG Speaks

APRIL 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

Risk Management 40

Risk Management Risk Management Government Management 40

Perficient Digital Transformation

NOVEMBER 27, 2023

They are shifting from an efficiency model where improvements focus on optimizing internal functions to an effectiveness model that looks at customer outcomes holistically.” Build a reliable risk management strategy using accurate estimations and predictions.

Regulations 52

Regulations Efficiency Healthcare Automation 52

Amzur

JULY 18, 2024

Risk Management Objective: Identify potential risks and develop mitigation strategies. Action Steps: Conduct a risk assessment to identify potential challenges and vulnerabilities. Develop a risk management plan, including rapid vulnerability detection, data encryption, backup solutions, and disaster recovery protocols.

Risk Management 107

Risk Management Risk Management Flexibility Cost Control 107

Automation Anywhere

MAY 18, 2022

have spiked , and the potential for operational risk events caused by people, failed processes, and disrupted systems has increased as a result of greater reliance on virtual working arrangements. It aims to make financial services institutions (FSI) better able to withstand, adapt to, and recover from severe adverse events.

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90

Automation Anywhere

APRIL 27, 2022

Your need to be effective and efficient in the transformation effort requires comprehensive data and insights into how your bank operates. The challenge for banks is to be effective and efficient in finding, implementing, and sustaining organizational improvements in effectiveness and efficiency.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

IBM Services

OCTOBER 30, 2023

Responses to the required questions that avoid intensely technical detail will allow for conversations on cybersecurity risks to be more accessible to all parties involved with the company. In fact, the Cost of a Data Breach Report 2023 found that the average cost of a breach climbed to a new high of USD 4.45 million, representing a 15.3%

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

NoonDalton

FEBRUARY 23, 2022

Business Process Outsourcing (BPO) provides firms with significant strategic advantages while also increasing their efficiency. At the same time, such a significant change in work procedures carries a slew of risks that should not be overlooked. In this manner, you can continue to operate in the event of an emergency.

Business Process Outsourcing 97

Business Process Outsourcing Outsourcing BPO Out-Tasking 97

Intugo

MAY 31, 2024

Call Center Solutions For Small Business: A Vital Guide for Operational Efficiency and Cost Savings Establishing a Business Process Outsourcing (BPO) call center is a significant strategic decision for any company. The right location can lead to operational efficiency, cost savings, and customer satisfaction.

Call Center 40

Call Center Efficiency BPO Labor Costs 40

IBM Services

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

IBM Business Partners

MAY 28, 2024

It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss. Data risk management To protect their data, organizations first need to know their risks.

Cybersecurity 81

Cybersecurity Regulations Government Out-Tasking 81

Everest Group

JULY 17, 2024

Such extreme weather events, occurring in regions where they were previously uncommon, are compelling insurers to acknowledge their responsibility in environmental protection. With this approach, we can strategize effectively, choosing paths that optimize financial gains, enhance social impact, or minimize risks.

Insurance 69

Insurance Risk Management Risk Management Regulations 69

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. In addition to natural language, models are trained on various modalities, such as code, time-series, tabular, geospatial and IT events data. ” Are foundation models trustworthy?

Government 75

Government Management Risk Management Risk Management 75

IBM Services

MAY 8, 2024

As a result, the interpretation of the varied risk signals is siloed across different events along the digital user journey. This lack of an integrated approach to managing risk along the digital user journey hinders the adoption of continuous adaptive trust principles and adds undue risk into the system.

Administrative 86

Administrative Accounting Risk Management Risk Management 86

Perficient Digital Transformation

MARCH 27, 2023

ISO 22301 is an international standard that specifies requirements for a Business Continuity Management System (BCMS) to help organizations prepare for, respond to, and recover from disruptive events. Managers can track task execution during events in a predefined order in a plan. What is ServiceNow BCM?

Out-Tasking 64

Out-Tasking Healthcare Risk Management Risk Management 64

Perficient Digital Transformation

JUNE 19, 2024

Our risk and regulatory compliance experts, Carl Aridas and Chandni Patel, have just returned from XLoD 2024 in New York. The event brought together the world’s top financial institutions and regulators to discuss the future of non-financial risk and control.

Out-Tasking 52

Out-Tasking Automation Risk Management Risk Management 52

Everest Group

DECEMBER 18, 2024

Enhanced risk management Availability of pre-vetted suppliers and solutions on these marketplaces contributed to 43% of users feeling confident about risk mitigation. These features empower businesses to optimize their spending and achieve better value for money.

Software 52

Software Service Sourcing Flexibility 52

Hyland

JUNE 13, 2022

To avoid the reduced efficiency, security and accuracy that can result from trying to tackle too many use cases too quickly, it’s important to implement RPA in the right places, in the right order. Increase accuracy and efficiency. Licensing and temporary event notices. Underwriting and risk management.

Robotics Process Automation 98

Robotics Process Automation Human Resources Out-Tasking Insurance 98

Capgemini

AUGUST 12, 2024

Data and AI are at the heart of power grids’ efficiency and security. This creates sophisticated levels of efficiency and resilience that benefit local and national energy ecosystems. Claire Gotham is a SME in Commodities Risk Management, Renewables Strategy, Energy Transition, and Public Speaking and Training.

Retail 52

Retail Manufacturing Risk Management Risk Management 52

Future of Sourcing

APRIL 27, 2023

’ Layer onto this the fact that as unexpected and unpredictable events such as a global pandemic, the invasion of Ukraine, sanctions on Russia, and resulting deep and broad supply chain disruptions, occurred, procurement is also expected to be a steward of organizational risk.

Risk Management 52

Risk Management Risk Management Collaborations Sourcing 52

Perficient Digital Transformation

DECEMBER 13, 2024

At Perficient, I’m a project manager and team leader. I manage large technology projects, often helping clients move to new systems that make their business more efficient. In 2022, I partnered with our Delivery Excellence group to develop and roll out the risk management and escalation frameworks company wide.

Out-Tasking 52

Out-Tasking Collaborations Engineering Design 52

Perficient Digital Transformation

NOVEMBER 8, 2023

Expand your CMDB ROI to the next level by integrating and automating CMDB with discovery/event sources, assets, risk management tools, security, DevOps, and ITSM processes, among others.” Do you have Service Mapping and CMDB alignment on your roadmap?

Co-Sourcing 52

Co-Sourcing Risk Management Risk Management Collaborations 52

Anexa

OCTOBER 16, 2022

The analysis of how these other sectors manage critical infrastructure could be of great benefit to the finance industry. One of the most important takeaways when comparing the risk management approaches of the various sectors, however, is the importance of resilience.

Banking 52

Banking Finance BPO Risk Management 52

SIG Speaks

MAY 23, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Dallin Ingalls shares the inherent value that is associated with a strong third-party risk management framework. Third-party risk management creates "Vault-like" security for a company when it engages with a third party.

Risk Management 40

Risk Management Risk Management Banking Management 40

Obobo

JULY 12, 2022

What Is Supplier Lifecycle Management? Managing external suppliers in an organized and transparent manner is referred to as supplier lifecycle management. In order to improve the efficiency of your supply chain, third-party suppliers play an important role. Supplier Risk Management. Supplier Development.

Management 52

Management Risk Management Risk Management Collaborations 52

Obobo

JULY 27, 2022

What Is Supplier Lifecycle Management? Managing external suppliers in an organized and transparent manner is referred to as supplier lifecycle management. In order to improve the efficiency of your supply chain, third-party suppliers play an important role. Supplier Risk Management. Supplier Development.

Management 52

Management Risk Management Risk Management Collaborations 52

Capgemini

AUGUST 12, 2024

A key use case for them will be in the event of extreme weather. Driving efficiency up and emissions down The USA is a vast country and increasing electrification in end-use sectors means the US electric power demand will only increase through 2050. The potential of AI to transform every industry is undoubtedly huge.

Sourcing 52

Sourcing Cybersecurity Efficiency Manufacturing 52

Everest Group

OCTOBER 4, 2024

Beyond trading, agentic AI could enhance risk management by autonomously identifying potential market disruptions or regulatory changes and adjusting exposure accordingly. Agentic AI is a transformative force driving exponential growth for banks by revolutionizing customer engagement, decision-making, and operational efficiency.

Banking 52

Banking Out-Tasking Service Automation 52

Obobo

SEPTEMBER 13, 2022

Procurement transformation is not a one-time event. Are our processes consistent and repeatable, and are they efficient? Improved risk Management. It is essential to monitor risk management throughout the procurement transformation process. To monitor and mitigate risk, processes must be implemented.

Co-Sourcing 59

Co-Sourcing Risk Management Risk Management Jobbing 59

SIG Speaks

JANUARY 6, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jonathan Purdon discusses the vital aspects to add to your risk management framework and the best practices for creating a risk culture. This framework could be efficiently utilized to define processes, SLAs, and more.

Risk Management 40

Risk Management Risk Management Government Banking 40

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. After the past two years, there’s a lot that we can learn from each other.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

SirionLabs

AUGUST 2, 2021

An effective contract management process is the foundation for a strong business and connects all parts of the enterprise, such as legal , sales , finance , and procurement teams , as well as risk management, IT , operations, and more. Most contract management programs include the following steps: Contract request.

Management 52

Management Collaborations Finance Automation 52

SirionLabs

AUGUST 2, 2021

An effective contract management process is the foundation for a strong business and connects all parts of the enterprise, such as legal , sales , finance , and procurement teams , as well as risk management, IT , operations, and more. Most contract management programs include the following steps: Contract request.

Management 52

Management Collaborations Finance Automation 52

SirionLabs

AUGUST 2, 2021

An effective contract management process is the foundation for a strong business and connects all parts of the enterprise, such as legal , sales , finance , and procurement teams , as well as risk management, IT , operations, and more. Most contract management programs include the following steps: Contract request.

Management 52

Management Collaborations Finance Automation 52

IBM Business Partners

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It offers a holistic view, providing critical data about asset condition, location and efficiency.

Inventory Management 55

Inventory Management Risk Management Risk Management Regulations 55

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best thing you can do is focus on a plan to tackle the internal factors – having others on the project who can step up in the event of someone’s unforeseen absence.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Planergy Software

MAY 5, 2022

With an effective and efficient procurement process, you can quickly deliver cannibal cost Improvement while enhancing supply chain agility. Improved Efficiency When it comes to purchasing, all sourcing and procurement activity is to designed to use external markets and suppliers as optimally as possible for a competitive advantage.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Everest Group

JULY 7, 2023

By integrating ESG considerations into their risk management, product design, internal operations, long-term strategies, and workforce management, many insurance firms have already started their journey toward becoming purpose-driven organizations and have begun to integrate sustainability with their core businesses.

Insurance 52

Insurance Government Analytics Risk Management 52