SirionLabs

AUGUST 22, 2022

But are organizations truly well positioned to preempt and mitigate potential contracts risks before they negatively impact the bottom line? The Disconnect Between Contracting and Risk Management. Surprisingly, knowledge of contract risk is limited among enterprises. Rooting Risk Management in Smarter Contract Management.

Risk Management 52

Risk Management Risk Management Management Analytics 52

Perficient Digital Transformation

OCTOBER 24, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Cybersecurity 52

Perficient Digital Transformation

AUGUST 3, 2023

Highly regulated industries, such as the financial services industry, are especially interested in generative AI’s capabilities surrounding how it can support ever-transient regulatory and data governance demands.

Risk Management 19

Risk Management Risk Management Service Insurance 19

Risk Guide

FEBRUARY 7, 2022

Volumes have been written on the cause of the crisis the world is in, surveys have been done and many fingers are pointing in every direction—a couple of these are pointing straight at us, the Risk Professionals. It is time to renovate risk management. The basic Risk Management process cycle is one of those.

Risk Management 52

Risk Management Risk Management Management Banking 52

Automation Anywhere

NOVEMBER 17, 2020

GRC stands for governance, risk, and compliance. It’s a strategy for integrating an organization’s management of its governance, risk, and compliance initiatives with regulations. Ultimately, GRC allows a company to run efficiently by synchronizing people, data, and activities across divisions and departments.

Robotics Process Automation 97

Robotics Process Automation Regulations Government Risk Management 97

Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

Risk Management 40

Risk Management Risk Management Management Insurance 40

31 West

SEPTEMBER 24, 2024

Compliance with Data Protection Regulations Given the modern world’s reliance on computers and the internet to keep data, it is particularly important to follow data protection regulations. HIPAA regulates the use and disclosure of PHI in the U.S., Stringent data protection measures and timely reporting of breaches are needed.

Retail 130

Retail Regulations Insurance E-Commerce 130

Obobo

JANUARY 12, 2023

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.

Risk Management 40

Risk Management Risk Management Automation Management 40

Perficient Digital Transformation

OCTOBER 30, 2024

Artificial intelligence (AI) is poised to affect every aspect of the world economy and play a significant role in the global financial system, leading financial regulators around the world to take various steps to address the impact of AI on their areas of responsibility.

Regulations 52

Regulations Service Banking Advisory 52

inDinero

AUGUST 21, 2024

A Construction CFO is a financial expert specializing in the building sector’s nuances, combining traditional financial management skills with in-depth knowledge of construction processes, regulations, and industry-specific challenges. Regulatory Compliance : Ensuring adherence to financial regulations and industry standards.

Regulations 104

Regulations Finance Accounting Jobbing 104

SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Some highly regulated sectors have had to learn what works and what does not.

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

NoonDalton

APRIL 1, 2024

As companies face growing pressure to innovate faster and operate more efficiently, tech solutions outsourcing emerges as a key enabler, offering access to cutting-edge technology and top-tier talent while managing costs effectively. As the new millennium unfolded, the landscape of tech outsourcing expanded further.

Efficiency 52

Efficiency Outsourcing Cybersecurity Right-Sizing 52

IBM Services

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

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

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. This allows companies proof of sustainability to drive customer loyalty and comply with regulations.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

IBM Business Partners

MAY 28, 2024

It supports the same security measures as data security but also covers authentication, data backup, data storage and achieving regulatory compliance, as in the European Union’s General Data Protection Regulation (GDPR). Data risk management To protect their data, organizations first need to know their risks.

Cybersecurity 81

Cybersecurity Regulations Government Out-Tasking 81

Amzur

SEPTEMBER 10, 2024

In today’s rapidly evolving business landscape, CIOs and CTOs face significant challenges in meeting the demands for innovation, efficiency, and exceptional customer experience. It’s crucial to understand how and where to implement AI tools across the organization to drive productivity and success while managing costs effectively.

Robotics Process Automation 95

Robotics Process Automation Cybersecurity Analytics Government 95

inDinero

SEPTEMBER 21, 2024

As regulations and organizational needs change, updating your policies guarantees ongoing compliance and operational effectiveness. Utilizing accounting software can further aid in this process, automating tasks, reducing errors, and improving overall efficiency in financial reporting.

Management 98

Management Accounting Collaborations Finance 98

Airswift

SEPTEMBER 19, 2024

Managing offshore projects necessitates a thorough understanding of regulatory compliance, predominantly maritime and aviation rules. These regulations ensure safety, operational efficiency, and environmental protection in challenging offshore environments.

Offshoring 52

Offshoring Management Regulations Risk Management 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

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

JANUARY 30, 2024

Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus. Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management.

E-Commerce 77

E-Commerce Manufacturing Analytics Flexibility 77

Automation Anywhere

APRIL 27, 2022

Your external customers, regulators, consultants, and experts are the ones who understand the direction of the market. Your need to be effective and efficient in the transformation effort requires comprehensive data and insights into how your bank operates.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

Groove Technology

FEBRUARY 5, 2022

Companies that use or outsource DevOps processes have demonstrated that its principles can result in improved project visibility, increased development efficiency, simplified system configuration, optimized resources, and strengthened data security. Additionally, CI/CD enables the rapid deployment of new code with fewer risks.

Outsourcing 130

Outsourcing Collaborations Software Automation 130

IBM Services

FEBRUARY 13, 2024

Healthcare, insurance and education are more hesitant due to the legal and compliance efforts to which they must adhere—and the lack of insight, transparency and regulation in generative AI. Experienced developers are leaning on generative AI to advance complex coding tasks more efficiently.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

Groove Technology

SEPTEMBER 26, 2024

This is especially true for companies balancing operational efficiency with digital transformation. This cost-efficiency can significantly reduce operational and development costs in several ways: Lower labor costs: Outsourcing allows companies to take advantage of lower labor rates in regions with decreased living costs.

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

IBM Services

SEPTEMBER 18, 2023

At the same time, we are increasingly seeing regulators more closely monitor the industry’s relationship with non-traditional players (such as fintechs and neobanks), aimed at mitigating the introduction of potential risks into the financial services ecosystem.

Banking 75

Banking Regulations Design Risk Management 75

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. “Foundation models make deploying AI significantly more scalable, affordable and efficient.” ” Are foundation models trustworthy?

Government 75

Government Management Risk Management Risk Management 75

Paysquare

SEPTEMBER 4, 2023

In between these important activities, it not possible for the HR team to manually calculate payroll, dispatch salaries, and manage deductions. Even regulations and laws are modified and incorporating these changing rules in your payroll structure is complicated. Cost-Efficiency Let’s face it, as a small or medium organization.

Payroll 95

Payroll Out-Tasking Managed Services Insurance 95

Magellan Solutions

AUGUST 6, 2023

Fraud Detection and Risk Management Solutions AI tools designed for fraud detection can analyze datasets and detect anomalous transactions or patterns. Surprisingly, their Autopilot feature, integrating AI into various aspects of the invoicing process, becomes seamless and efficient.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

Everest Group

JULY 17, 2024

In the first half of 2023, there were over 1,715 adjustments to the US state insurance regulations, many of which address climate issues. A notable example is the California Climate Risk Disclosure Survey, which requires insurers to disclose how they are managing climate-related risks.

Insurance 69

Insurance Risk Management Risk Management Regulations 69

Perficient Digital Transformation

SEPTEMBER 7, 2022

In my previous post, we looked at what the Three Little Pigs taught me about risk management. This requires faster, more efficient, and more intimate knowledge of our products and the risk benefit paradigm. That also means understanding and complying with the regulations for the full life cycle of our products.

Regulations 64

Regulations Call Center Healthcare Analytics 64

Paysquare

JUNE 30, 2024

PEO and EOR services work together to simplify HR procedures and guarantee lawful and efficient international business growth. The PEO service provider manages a variety of employee-related tasks on behalf of the firm. Compliance and Risk Management – Staying compliant with employment laws and regulations is crucial and complex.

Payroll 52

Payroll Administrative Right-Sizing Regulations 52

Paysquare

MAY 27, 2023

An EOR can take on the employer responsibilities for a company, managing all aspects of migration, joining and on-boarding, benefits administration, payroll management, compliance and risk management, employee query resolution, and exit management.

Management 52

Management Payroll Administrative Regulations 52

Automation Anywhere

MAY 18, 2022

Similar guidance has been rolled out by the Prudential Regulatory Authority, Financial Conduct Authority, and other regulators. The principles cover topics ranging from governance and operational risk management to business continuity planning and cybersecurity, including activities performed for third parties.

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90

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

Intugo

JANUARY 23, 2024

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Ensure the outsourcing company adheres to international data protection regulations, maintains strict security protocols, and undergoes regular security audits.

Outsourcing 59

Outsourcing Nearshoring Call Center Flexibility 59