Remove Efficiency Remove Finance Remove Regulations
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5 Best Areas for Automation in Finance

Automation Anywhere

Regardless of the industry, company size, or geography, every organization’s finance processes have a lot in common. Every company is responsible for ensuring the integrity of the financial reports, managing cash flow, and performing other basic finance functions to remain in business.

Finance 145
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6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient Digital Transformation

In the fast-paced realm of finance, the significance of regulatory risk and compliance management practices cannot be overstated. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

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IBM Connected Trade Platform helps power the digitization of trade and supply chain financing

IBM Services

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 87
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How to improve your finance operation’s efficiency with generative AI

IBM Business Partners

While you may have learned about generative artificial intelligence (AI), you may not know what it means for the future of Finance and Accounting (F&A). Tailoring to different stakeholders : Financial reports serve various stakeholders, including investors, analysts, regulators and employees.

Finance 58
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6 Ways to Improve Process Efficiency With Automation

Frevvo

However, these processes can become inefficient or redundant for various reasons — new industry regulations, increased market demands, changing customer expectations, etc. Achieving process efficiency helps your company meet these challenges. So how can you make your processes more efficient? What Is Process Efficiency?

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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. Process mining is particularly valuable in industries like healthcare and finance where strict regulatory requirements and compliance are especially critical.

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What are the biggest challenges for the Fintech Industry?

Redial

Industry regulation. Finance, being one of the most regulated sectors, naturally, because of the very sensitive data and transactions it holds, raises a lot of standards and processes to secure safety and good practices. As mentioned, users appreciate some privacy in their finances. The opportunities? Data security.