Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 52

Risk Management Risk Management Management Cybersecurity 52

Perficient Digital Transformation

NOVEMBER 10, 2023

When they need to change direct deposits, clear checks, or open new accounts at a bank, their funds often remain untouched. Transaction Accounts Regulators classify transaction accounts under the Monetary Control Act of 1980 and the Federal Reserve Regulation D for federal reserve requirements on deposit liabilities.

Accounting 52

Accounting Banking Retail Risk Management 52

Intugo

DECEMBER 6, 2023

Outsourced Accounting Services vs. In-House [Pros and Cons] Effective accounting is essential for the smooth functioning of any successful business. As companies navigate the complex landscape of financial management, a key decision arises – whether to opt for outsourced accounting services or maintain an in-house team.

Accounting 59

Accounting Outsourcing Service Nearshoring 59

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

Paysquare

AUGUST 7, 2023

Outsourcing accounts have gained popularity because of several factors. It allows businesses to focus on core competencies while delegating non-core accounting functions to specialized experts. Outsourcing provides access to advanced accounting technologies and expertise that may be otherwise difficult to obtain in-house.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

SIG Speaks

SEPTEMBER 17, 2021

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Brown discusses the value proposition and responsibilities for the key players in an effective third-party risk management program. Each business unit owns the risks associated with the contracts they decide to enter into.

Risk Management 40

Risk Management Risk Management Management Shared Services 40

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

inDinero

MARCH 23, 2023

Introduction In today’s competitive private equity (PE) landscape, portfolio companies (portcos) frequently confront significant obstacles in managing their finance and accounting functions. High Operational Costs Managing finance and accounting functions can be costly, especially for smaller portcos.

Finance 52

Finance Accounting Data Entry Analytics 52

IBM Business Partners

JUNE 23, 2023

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 61

Finance Accounting Out-Tasking Risk Management 61

Planergy Software

JUNE 1, 2023

How better management in AP can give you better flexibility for cash flow management. What Are the Functions of Accounts Payable? What Are Internal Controls for Accounts Payable? What Is an Accounts Payable Write-Off Policy? What Is an Accounts Payable Policy? What Are the Functions of Accounts Payable?

Accounting 52

Accounting Automation Out-Tasking Risk Management 52

The Hackett Group

APRIL 13, 2023

(NASDAQ: HCKT) today announced that its Market Intelligence Service has launched a new research project that will evaluate and rank finance and accounting outsourcing solutions providers. Over the last few years, the landscape has changed,” said Janssen.

Finance 96

Finance Research Accounting Outsourcing 96

Sourcing Advisors Group

OCTOBER 27, 2020

Tier 1 suppliers) and most have virtually no visibility into the remaining base, which typically account for 90%+ of all suppliers and at least 50% of the total vendor spending. Fourth : manage performance with proactive reporting, gap analysis and corrective action plan focused on both business users and vendors.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

AS White Global

OCTOBER 6, 2022

Here are some tips to help you build an efficient remote team for offshore accounting services. Future-proof your offshore accounting services by finding talent with certified Xero, MYOB, SAP expertise and other popular software programs. Start out by delegating small projects to the offshore accounting team.

Offshoring 64

Offshoring Accounting Out-Tasking Payroll 64

31 West

JUNE 5, 2023

Fortunately, Microsoft 365 has built-in automated security solutions that are designed to protect your emails, Microsoft accounts, apps, and devices from unauthorized access. Security Information and Event Management: Microsoft’s Sentinel is a robust security tool, which offers clear visibility into an organization’s security operations.

Risk Management 130

Risk Management Risk Management Accounting Event Management 130

Perficient Digital Transformation

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period.

Retail 52

Retail Banking Accounting Risk Management 52

Risk Guide

SEPTEMBER 2, 2022

In this special episode , Alexander Larsen speaks to Mykhailo Rushkovskyi about the need for more Risk Governance at a governmental level in the form of for example a Government Chief Risk Officer which will bring accountability and visibility to how societal and country risk is managed and how risks are considered in decision making. .

Government 78

Government Risk Management Risk Management Banking 78

Redial

JULY 5, 2023

Typically, the objective is to meet vendor risk management requirements that customers may request surrounding security. ISO-9001 (International Organization for Standardization): ISO-9001 certification is a globally recognized quality management system standard.

Cybersecurity 130

Cybersecurity Risk Management Risk Management Insurance 130

Paysquare

APRIL 30, 2024

AI automates tasks such as risk assessment, data analysis, and regulatory changes and allows businesses to proactively identify and fix potential compliance problems before they escalate. AI-driven analytics provide real-time visibility into compliance status, which enables proactive risk management and continuous improvement efforts.

Government 52

Government Payroll Cybersecurity Regulations 52

inDinero

MAY 13, 2024

How to Do Payroll Yourself Benefits of Outsourcing Payroll Conclusion Want to familiarize yourself with essential accounting terms and concepts for business owners? Download our accounting alphabet for entrepreneurs. Since the IRS holds employers responsible for managing payroll tax, it’s important to understand the details.

Payroll 52

Payroll Insurance Out-Tasking Government 52

IBM Business Partners

MAY 23, 2023

The IBM Cloud for Financial Services AUP Report is issued by a big four public accounting firm in accordance with the American Institute of Certified Public Accountants (AICPA). Contact your IBM account team to obtain a copy of the AUP report.

Service 70

Service Administrative Risk Management Risk Management 70

IBM Services

MAY 8, 2024

Orchestration solutions improve the efficacy and efficiency of risk management along digital user journeys. Identity orchestration Identity and access management projects are complex enough with many taking 12-18 months.

Administrative 81

Administrative Accounting Risk Management Risk Management 81

IBM Services

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. In sourcing strategy, blockchain technology helps track orders, payments, accounts and more.

Sourcing 102

Sourcing Supply Chain Management Strategic Sourcing Automation 102

Everest Group

APRIL 23, 2024

Additionally, with the emergence of risks associated with climate change and cyber threats, intermediaries are expanding their role beyond traditional risk placement to become strategic advisors. They leverage data-driven insights to offer proactive risk management solutions to clients.

Insurance 64

Insurance Service Finance Risk Management 64

Invedus

FEBRUARY 20, 2023

Related: 10 Essential Accounting Tips For Startups and Small Business In-house vs Virtual CFO Services Comparison The following elements can be used to compare an In-house CFO and a VCFO: Management Obligations An internal CFO manages and supervises the organisation where they are employed’s financial operations.

Finance 52

Finance Service Right-Sizing Accounting 52

Perficient Digital Transformation

JANUARY 30, 2024

As a PM in FS, I support delivery oversight of two of our biggest accounts to ensure we are meeting and beating client expectations and that our team members are supported to succeed. I also enable recruiting and onboarding for both accounts, help manage the client relationship, and support sales cycles and account strategy.

Risk Management 52

Risk Management Risk Management Collaborations Accounting 52

IBM Services

MARCH 25, 2024

Developing a risk management strategy for insurance and other financial services In recent years, financial services firms have realized that they need a decision-making strategy that accounts for the implications of climate change. As a result, pension funds and other stock market investments might suffer adverse effects.

Insurance 92

Insurance Service Accounting Risk Management 92

inDinero

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. What are Generally Accepted Accounting Principles (GAAP)?

Accounting 98

Accounting Regulations Payroll Finance 98

SIG Speaks

JANUARY 4, 2024

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Andy Ignacio describes and compares some of the related concepts he learned throughout the program to his organization's evolution from "check the boxes" to a strong risk culture and program.

Risk Management 40

Risk Management Risk Management Banking Government 40

inDinero

APRIL 4, 2024

You may need a senior expert, but it’s equally possible that you need an accountant or bookkeeper instead. During your consultation, ask about our outsourced accounting services and online bookkeeping services in addition to CFO services. Related: Bookkeeping vs. Accounting: What’s the Difference? What Does a Controller Do?

Finance 63

Finance Accounting Government Healthcare 63

Planergy Software

JUNE 21, 2022

How better management in AP can give you better flexibility for cash flow management. Cash Flow Governance Risk Management & Compliance (GRC). It is a statement accepted by the Generally Accepted Accounting Principles (GAAP) standards for financial reporting in accrual accounting. Download Free Copy.

Sales 52

Sales Finance Accounting Risk Management 52

Intugo

JANUARY 23, 2024

Risk Management: Assessing business outsourcing companies and their risk management strategies, contingency plans, and disaster recovery mechanisms is essential. Their ability to anticipate, mitigate, and manage risks safeguards your interests and ensures business continuity.

Outsourcing 59

Outsourcing Nearshoring Call Center Flexibility 59

Redial

JULY 13, 2023

If you get machine learning algorithm experts, you have more opportunities to offer personalized financial products, detect fraudulent activities, and enhance risk management capabilities. Cybersecurity and Fraud Prevention: As digital transactions increase, so does the risk of cyber threats and financial fraud.

Banking 100

Banking Cybersecurity Advisory Nearshoring 100

IBM Services

APRIL 18, 2023

On the other hand, real-time payments are complete within a few seconds, allowing for the near-instantaneous transfer of funds between bank accounts. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Banking 115

Banking Analytics Risk Management Risk Management 115

IBM Services

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 82

Risk Management Risk Management Cybersecurity Management 82

inDinero

FEBRUARY 6, 2024

You might wonder how bookkeeping vs. accounting differs when managing a business’s accounting. Bookkeepers are chiefly responsible for accurately recording and organizing transactions, while accountants add value by synthesizing that information into actionable insights and financial projections.

Accounting 98

Accounting Data Entry Outsourcing Jobbing 98

IBM Services

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

Government 83

Government Regulations Accounting Risk Management 83

Groove Technology

SEPTEMBER 3, 2022

Complying with regulations will also get more difficult as you have to take into account the legal systems of the nations where your employees are based, including social security, data protection, and compliance with tax and labor laws. Your business will be able to test this strategy out with fewer workers thanks to an EOR.

Payroll 130

Payroll Out-Tasking Administrative Accounting 130