IBM Business Partners

MAY 17, 2024

  In the context of this rapid advancement, generative AI and automation have the capacity to create more fundamentally relevant and contextually appropriate buying experiences. Meanwhile, 43% are using the technology to inform strategic decisions. AI models analyze vast amounts of data quickly and accurately.

E-Commerce 58

E-Commerce Order Management Retail Automation 58

Obobo

JANUARY 12, 2023

What is an Automated Vendor Risk Assessment? Vendor risk management is an important part of any business’s operational processes, and it’s essential for organizations to ensure that their vendors are compliant with industry standards. One way to do this is through an automated vendor risk assessment (AVRA).

Automation 40

Automation Reduced Costs Risk Management Risk Management 40

IBM Services

FEBRUARY 13, 2024

For example, organizations can use generative AI to: Quickly turn mountains of unstructured text into specific and usable document summaries, paving the way for more informed decision-making. Automate tedious, repetitive tasks. Streamline workflows with personalized content creation, tailored product descriptions and market-ready copy.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

31 West

JANUARY 31, 2023

It’s right there at our fingertips, but with so much information, we’d drown in data unless we use a smart way to detect the important information, analyze and use it. If you feel like there’s too much information right now, only imagine what will happen in a few years. The total volume of data was calculated at 64.2

Risk Management 130

Risk Management Risk Management Sourcing Regulations 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

Perficient Digital Transformation

OCTOBER 12, 2022

This includes measurement of risk, assessment, retention, monitoring, and identification. Compliance : Ensuring that activities within an organization operate in a way that is aligned with laws and regulations. ServiceNow GRC helps transform inefficient processes across your extended enterprise into an integrated risk program.

Risk Management 111

Risk Management Risk Management Government Automation 111

IBM Services

FEBRUARY 22, 2024

With our long history of working with clients across the globe—and especially in highly regulated industries—we understand the unique requirements enterprises are facing and are prepared to help them address their emerging regulatory demands. In just a few years, we have helped some of the world’s leading banks transform.

Regulations 78

Regulations Cybersecurity Design Banking 78

Magellan Solutions

AUGUST 6, 2023

AI tools for accountants can automate repetitive tasks, enhance fraud detection, enable predictive modeling, and simplify compliance procedures. Automation of Mundane Tasks AI can automate repetitive and time-consuming accounting tasks like consolidating accounts payable and accounts receivables, data entry , and bookkeeping.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

IBM Services

APRIL 20, 2023

Banks and their employees place trust in their risk models to help ensure the bank maintains liquidity even in the worst of times. This trust depends on an understanding of the data that inform risk models: where does it come from, where is it being used, and what are the ripple effects of a change?

Banking 71

Banking Government Risk Management Risk Management 71

IBM Business Partners

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Notably, DORA also applies to some entities typically excluded from financial regulations.

Cybersecurity 80

Cybersecurity Regulations Flexibility Banking 80

Amzur

JUNE 7, 2023

Technology and Automation Technology empowers CFOs with data-driven insights that were previously inaccessible or time-consuming to obtain. By embracing technology-driven data analytics, CFOs can make informed and data-backed decisions that drive financial performance and create a competitive edge.

Finance 52

Finance E-Commerce Analytics Risk Management 52

NoonDalton

APRIL 29, 2024

The integration of Artificial Intelligence (AI) in accounting and finance is revolutionizing the industry by automating complex processes and enhancing efficiency. By recognizing intricate patterns, AI enables firms to forecast future financial trends and market dynamics, which are crucial for strategic planning and risk management.

Finance 52

Finance Accounting Cybersecurity Data Entry 52

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

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Most of today’s largest foundation models, including the large language model (LLM) powering ChatGPT, have been trained on information culled from the internet. But how trustworthy is that training data?

Government 75

Government Management Risk Management Risk Management 75

Automation Anywhere

MAY 18, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ The Covid-19 pandemic has exacerbated operational risks while increasing economic and business uncertainty. Yes, FortressIQ maps and documents the people, processes, technologies, and information behind every process.

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90

IBM Services

FEBRUARY 5, 2024

Envisioned to comprehensively address information and communications technology (ICT) risk management in financial services, DORA aims to harmonize existing regulations across EU member states.

Administrative 72

Administrative Risk Management Risk Management Out-Tasking 72

Everest Group

MAY 24, 2023

Reach out directly to discuss or for more information. Real-time insurance quotation and comparison tools: Using innovative technologies that automate the insurance underwriting process will allow intermediaries to deliver real-time insurance quotes and pricing comparison tools. Read on to learn more.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

Akorbi

SEPTEMBER 22, 2022

Any entity that stores or transmits medical, financial, or sensitive information can be a tempting target for data thieves and ransomware. While securing other forms of accreditation can be a strong first step, these do not necessarily guarantee full and complete compliance with risk management for private data.

Regulations 52

Regulations Business Process Outsourcing Reduced Costs Risk Management 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

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

Immedus

MAY 3, 2023

The report notes that, ultimately, application leaders must “balance hyper-automation, integration, emerging technology trends, and risk management” in their selection process. And also by 2025, 65% of all international payroll operations will be automated with zero manual interventions.

Payroll 52

Payroll Marketing Cybersecurity Robotics Process Automation 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. The specific requirements and timelines of these regulations will likely be clearer next year.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

IBM Services

MARCH 4, 2024

For instance, when automating password change requests, do you need a 175 billion parameter public foundation model, a fine-tuned smaller model, or AI orchestration to call APIs? Financial/criminal: Violations of existing and emerging data and AI regulations. When should you prompt-tune or fine-tune?

Government 104

Government Co-Sourcing Engineering Risk Management 104

Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Automation Anywhere

APRIL 27, 2022

FortressIQ is now part of Automation Anywhere, and its offering is now our process intelligence product FortressIQ. Your external customers, regulators, consultants, and experts are the ones who understand the direction of the market. The lines between banks and banking are blurring more and more.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

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. No outsider should get access to your data under any circumstances.

Payroll 95

Payroll Out-Tasking Managed Services Regulations 95

Offshore India Data Entry

NOVEMBER 16, 2023

Technology and Infrastructure Outsourcing partners will be geared with the latest and advanced automation software specially designed to carry out their processing operations. This enables businesses to save time and attention in managing repetitive tasks. This results in faster processing times and a smoother experience for borrowers.

Outsourcing 52

Outsourcing Out-Tasking Regulations BPO 52

IBM Business Partners

JUNE 29, 2023

IBP brings together various functions, including sales, marketing, finance, supply chain, human resources, IT and beyond to collaborate across business units and make informed decisions that drive overall business success. Create a culture that values collaboration, information sharing, and collective decision-making.

Supply Chain Management 83

Supply Chain Management Analytics Collaborations Human Resources 83

Paysquare

MAY 25, 2023

Managing payroll efficiently and ensuring compliance with ever-changing regulations are crucial aspects of running a successful business. However, the complexities and intricacies of payroll processing can be overwhelming, leading to increased risks and potential compliance issues.

Payroll 52

Payroll Outsourcing Regulations Banking 52

Avasant

APRIL 8, 2021

Meanwhile, the regulatory environment is increasingly complex, particularly for multinational companies , as they struggle to comply with sometimes conflicting regulations across regions. Risks have changed with a growing cloud environment and increasingly diverse IT service portfolio.

Service 52

Service Regulations Risk Management Risk Management 52

inDinero

MARCH 23, 2023

Regulatory Compliance Challenges As financial regulations and reporting standards grow increasingly complex, portfolio companies may find it difficult to maintain compliance. Streamlining Processes Through Automation Embracing automation can significantly improve the efficiency and accuracy of finance and accounting functions.

Finance 52

Finance Accounting Data Entry Analytics 52

inDinero

MARCH 23, 2023

Regulatory Compliance Challenges As financial regulations and reporting standards grow increasingly complex, portfolio companies may find it difficult to maintain compliance. Streamlining Processes Through Automation Embracing automation can significantly improve the efficiency and accuracy of finance and accounting functions.

Finance 52

Finance Accounting Data Entry Analytics 52

Perficient Digital Transformation

JULY 10, 2023

But, as one of the most regulated and notoriously untrusted industries, the financial services industry is among the most vulnerable to being impacted by negative digital media, driving up its vulnerability to reputational risk. However, these reputational risk management (RRM) frameworks are still widely underdeveloped.

Service 40

Service Banking Risk Management Risk Management 40

Obobo

OCTOBER 25, 2022

From reducing risk to improving communication, read on to learn more about the benefits of supplier management software. The Role of Supplier Management Software in Risk Reduction Supplier management software can play a pivotal role in risk reduction for businesses. What is Supplier Information Management?

Software 52

Software Management Risk Management Risk Management 52

3Pillar Global

JANUARY 4, 2024

By enhancing and even replacing legacy technology with faster, more efficient alternatives—as well as automating manual processes—healthcare organizations can both reduce costs and even open additional revenue streams. Revenue cycle inefficiencies can make it challenging to forecast revenue and make informed, strategic decisions.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

SirionLabs

JULY 6, 2022

Nearly every aspect of the industry is overseen by multiple regulatory bodies and programs enforcing a broad array of complex regulations. But, at the same time, they must also consider the security risks, given that healthcare data contains confidential financial and personal information.

Healthcare 52

Healthcare Management Regulations Analytics 52

SirionLabs

JULY 6, 2022

Nearly every aspect of the industry is overseen by multiple regulatory bodies and programs enforcing a broad array of complex regulations. But, at the same time, they must also consider the security risks, given that healthcare data contains confidential financial and personal information.

Healthcare 52

Healthcare Regulations Analytics Automation 52