Everest Group

MAY 24, 2023

Mobile technology and User Experience (UX)/User Interface (UI): To meet customers’ increasing desires to access services on the go, intermediaries need to provide access to policies and the ability to submit claims and pay bills available via mobile devices and applications.

Insurance 130

Insurance Risk Management Risk Management Analytics 130

Automation Anywhere

NOVEMBER 17, 2020

It’s a strategy for integrating an organization’s management of its governance, risk, and compliance initiatives with regulations. As stated in a CIO article, “ Think of GRC as a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements.”

Robotics Process Automation 97

Robotics Process Automation Regulations Government Risk Management 97

TMS

MARCH 7, 2023

One of the most important tasks that a project manager must handle is assessing risks. There are pre-set risk management processes that most managers apply in order to run the projects smoothly, without encountering any problems. The basic risk management process contains five core steps.

Risk Management 52

Risk Management Risk Management Management Finance 52

Everest Group

NOVEMBER 16, 2022

Fast-evolving consumer awareness about social, political, and environmental values, emerging regulations, and increased demand for sustainable financial products are pressuring BFS firms to prioritize ESG goals in operations and employment. Let’s explore the significant role GBS units can play in enabling ESG for enterprises.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

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

Everest Group

SEPTEMBER 14, 2023

This occurs due to factors such as complex multi- and hybrid cloud environments, inefficient cloud resource management, lack of governance guardrails, and gaps in consumption visibility and management Conflicting objectives: Senior stakeholders from various departments often view cloud migration from different lenses and have disparate objectives.

Government 162

Government Finance Risk Management Risk Management 162

IBM Services

FEBRUARY 8, 2024

Similar to GDPR for privacy, the EU AI Act has potential to set the tone for upcoming AI regulations worldwide. The EU AI Act aims to meet the challenge to develop and deploy AI responsibly across industries including those that are highly regulated such as healthcare, finance and energy. million euros or 1.5%

Government 77

Government Regulations Risk Management Risk Management 77

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 9, 2023

There are 3 main reasons why organizations struggle with adopting AI: a lack of confidence in operationalizing AI, challenges around managing risk and reputation, and scaling with growing AI regulations. Users can manage models through dynamic dashboards that track compliance status across defined policies and regulations.

Government 74

Government Regulations Automation Design 74

Groove Technology

SEPTEMBER 3, 2022

This manual describes the function of an employer of record (EoR), how to use an EoR , and the advantages of working with a global EoR to meet your international expansion objectives. Maintaining current knowledge of the numerous tax tables and labor regulations that their legal entities are subject to is one of EOR’s key services.

Payroll 130

Payroll Out-Tasking Administrative Accounting 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

Premier BPO

NOVEMBER 6, 2024

Companies usually call the product to protect customers and avoidstringent regulations that can cause strict action by the monitoring authorities. Food and Drug Administration (FDA): A Class I recall involves a product or a service that poses a reasonable risk of causing severe health consequences or death.

Outsourcing 130

Outsourcing Pharmaceuticals Customer Support Manufacturing 130

IBM Services

APRIL 4, 2024

The cloud represents a strategic tool to enable digital transformation for financial institutions As the banking and other regulated industry continues to shift toward a digital-first approach, financial entities are eager to use the benefits of digital disruption. Most of these new technologies are born-in-cloud.

Service 59

Service Banking Cybersecurity Regulations 59

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. Investigate Security and Compliance Features Question: How does this tool ensure data security and compliance with regulations like GDPR, HIPAA, etc.?

Robotics Process Automation 104

Robotics Process Automation Cybersecurity Analytics Government 104

inDinero

SEPTEMBER 21, 2024

As regulations and organizational needs change, updating your policies guarantees ongoing compliance and operational effectiveness. This approach not only helps in meeting your strategic objectives but also strengthens your financial stability. Start by providing regular financial updates during board meetings.

Management 97

Management Accounting Collaborations Finance 97

Magellan Solutions

NOVEMBER 5, 2015

The rigorous audit process entailed thorough interviews with various departments such as Operations, Network Operations Center, Quality Assurance, Human Resources and Finance, as well as investigation on risk management, physical security, access controls, and security best practices.

Call Center 81

Call Center Data Entry BPO Human Resources 81

Groove Technology

MARCH 14, 2022

Only then can the organization begin scanning the landscape for a partner who meets all or most of the task or project requirements. Outsourcing allows for unrivaled flexibility in meeting your business’s demands without the hassles of hiring and other legal difficulties. It enables effortless scaling up or down at any time.

Outsourcing 130

Outsourcing Administrative Human Resources Payroll 130

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 111

Risk Management Risk Management Cost Control Flexibility 111

IBM Services

DECEMBER 8, 2023

An organization is always changing and so are business needs; therefore, it’s important that an organization has strong metrics for tracking over time each risk, its category and the corresponding mitigation strategy.

Risk Management 72

Risk Management Risk Management Insurance Cybersecurity 72

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. Fraud detection and risk management : Generative AI can quickly scan and summarize large amounts of data to identify patterns or anomalies.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

Groove Technology

SEPTEMBER 26, 2024

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.

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

IBM Business Partners

MAY 23, 2023

As IBM Cloud services are onboarded to IBM Cloud for Financial Services® , IBM conducts a rigorous validation assuring that services meet IBM Cloud Framework for Financial Services technical, administrative and physical controls requirements. What is the Agreed-Upon Procedures report?

Service 65

Service Administrative Risk Management Risk Management 65

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. An AI governance toolkit lets you direct, manage and monitor AI activities without the expense of switching your data science platform, even for models developed using third-party tools.

Government 75

Government Management Risk Management Risk Management 75

IBM Services

FEBRUARY 13, 2024

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

NoonDalton

APRIL 12, 2022

HR personnel are now involved in recruiting, hiring, training, morale-building, policy-making, risk management, and other activities. An outside supplier might assist you in staying current and in meeting your duties. Allow Employees to be More Strategic. A single mistake might have enormous ramifications. Vertical Expertise.

Outsourcing 98

Outsourcing Human Resources Payroll Insurance 98

inDinero

JUNE 29, 2023

Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting. Components of GAAP Comprising of multiple elements and regulations, GAAP sets the standard for financial reporting by providing a framework of guidelines and requirements.

Accounting 97

Accounting Regulations Payroll Finance 97

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

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence Perficient’s Risk and Regulatory Center of Excellence (CoE) remains at the forefront of evolving financial rules and regulations, ensuring readiness to tackle emerging challenges and safeguard financial institutions and its customers.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

Inventory Management 52

Inventory Management Regulations Banking Government 52

Perficient Digital Transformation

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. The world’s leading financial institutions and regulators come together at XLoD to discuss the future of non-financial risk and control. What is XLoD Global?

Banking 52

Banking Risk Management Risk Management Regulations 52

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. We encourage employees to minimize travel and leverage virtual meeting tools wherever possible.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

IBM Services

APRIL 3, 2024

These new rules join existing regulations in both the US and around the world requiring companies to make climate-related disclosures and provide other ESG-related metrics. Explore IBM Envizi ESG Suite today The client is responsible for ensuring compliance with all applicable laws and regulations.

Regulations 55

Regulations Risk Management Risk Management Management 55

IBM Services

MARCH 4, 2024

Financial/criminal: Violations of existing and emerging data and AI regulations. An AI+ enterprise excels in delivering innovative AI applications to its customers and modernizing existing applications to meet the new demands AI presents. Embarrassing: Offensive output emerges based on the data used in AI.

Government 103

Government Co-Sourcing Engineering Risk Management 103

Groove Technology

FEBRUARY 5, 2022

This enables the efficient software development lifecycle to incorporate inputs from various application stakeholders, such as infrastructure and quality engineering, security, risk management, or users and consumers. Organizations can use this strategy to deploy system resources in a reliable, repeatable, and regulated manner.

Outsourcing 130

Outsourcing Collaborations Software Automation 130

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

Since our launch in 2017 as a full-spectrum continuous risk monitoring solution, we have continually enhanced our framework to ensure that it aligns with changing market and client needs. They also lacked visibility into how changes in the ESG risk landscape could impact their organizations.

Management 72

Management Sourcing Risk Management Risk Management 72

Obobo

SEPTEMBER 29, 2022

Supplier due diligence (SDD) is a process that businesses use to ensure their suppliers are meeting their compliance obligations. Operational checks focus on a supplier’s ability to meet contractual obligations, while financial checks look for signs of illegal activity or fraud. The main steps of an SDD process are as follows: 1.Identify

Co-Sourcing 59

Co-Sourcing Supply Chain Management Software Right-Sizing 59

NoonDalton

OCTOBER 5, 2022

The service provider is responsible for the software’s quality, meeting all deadlines, communicating with the development team, and so on. We’ll go over the three primary models that are commonly utilised and meet modern standards: Part-time model. Supervising and Management. Dedicated team. Fixed-cost model.

Outsourcing 86

Outsourcing Out-Tasking Flexibility Collaborations 86