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How to Manage Your Cloud Cost Investment: CapEx vs OpEx

Amzur

Frees up IT team to focus on strategic initiatives; cloud provider manages the resources. Risk Management High financial risk due to potential obsolescence and unforeseen disasters impacting data centers. Lower financial risk as cloud providers handle hardware failures and data center disasters.

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3 Ways Sourcing Professionals Can Proactively Address Risk

Sarah Holliman

A supplier information management portal, for example, can be a “ central source of truth ” for third party relationships and provide all stakeholders with critical information.

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50+ RPA use cases

Hyland

For example, notes a Frost & Sullivan whitepaper , “A routine regulatory audit may require large volumes of data to be pulled, categorized, summarized and reported. To conduct this through a manual process may take hours or days, and the potential for human error puts an organization at risk for regulatory compliance infractions.

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Cloud Migration Role in Digital Transformation: The Strategic Roadmap

Amzur

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.

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This Month at SIG – August 2021

SIG Speaks

As demand continues to rock supply chains, we prepare for the future of procurement and risk mitigation with a host of exciting resources, industry research and webinars to elevate you in your role. August Microlearning by SIG University: Contracting and A Holistic Approach to Risk Management. register now. . learn more. .

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This Month at SIG – September 2021

SIG Speaks

In fact, most companies struggle with ensuring that their risk management processes aren’t perceived internally as a roadblock, slowing down procurement and innovation. This whitepaper provides an overview of procurement challenges and presents an opportunity for today’s most ambitious teams to get ahead with smarter tools.

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This Month at SIG – December 2021

SIG Speaks

Join your sourcing, procurement, and risk management colleagues in this two-hour interactive virtual environment to be challenged with topics related to our industries! GEP's new whitepaper highlights the steps CPOs need to take to ensure their transformation plans don’t flop. register now. . Power Hour Webinars.