IBM Business Partners

MAY 14, 2024

Don’t be afraid to reframe accountability from simply conforming to regulations to stewarding the technology. Beyond technical requirements, you will also need to document and articulate agency-wide ethics and values regarding the creation and use of AI, which will inform your decisions about risk.

Government 84

Government Risk Management Risk Management Accounting 84

IBM Services

APRIL 11, 2024

One of the biggest challenges these organizations face is evolving regulations related to payments. To modernize, remain competitive and be compliant with regulations requires organizations to work with a “trusted” technology partner who can help to bring together their traditional payment practices and innovative solutions.

Banking 62

Banking Regulations Accounting Flexibility 62

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. Ensuring end-to-end Protection To achieve total data privacy assurance, a key component is confidential computing and cryptography.

Administrative 72

Administrative Risk Management Risk Management Out-Tasking 72

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. This solution is designed to include everything needed to develop a consistent transparent model management process.

Government 74

Government Regulations Automation Design 74

31 West

JANUARY 31, 2023

Improved Compliance and Risk Management As the collected data volume grows, compliance has moved to the top of the list of companies’ priorities. With the use of this tool, you can run data processing impact assessments to continuously fulfill the privacy laws requirements. Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

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

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 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. Traditional AI can enhance international purchasing by automating tasks such as currency conversions and tax calculations.

E-Commerce 66

E-Commerce Order Management Retail Automation 66

IBM Services

APRIL 20, 2023

Maintaining trust in data Today, large banks are implementing data governance solutions to streamline data discovery, ensure the quality of data assets and manage data privacy. To help stay compliant, these organizations need to verify the accuracy and completeness of the data elements used in risk models.

Banking 70

Banking Government Risk Management Risk Management 70

Everest Group

MAY 24, 2023

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. Insurance plans must be customized to address clients’ unique needs and risk profiles.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

IBM Business Partners

JULY 7, 2023

Data protection and data privacy Data protection , defined as protecting important information from corruption, damage or loss, is critical because data breaches resulting from cyberattacks can include personally identifiable information (PII), health information, financial information, intellectual property and other personal data.

Cybersecurity 40

Cybersecurity Regulations Government Healthcare 40

Capgemini

NOVEMBER 22, 2023

Automated transaction monitoring systems alerting for potential money laundering and sanctions screening systems are only useful if they operate properly. According to the Federal Reserve’s SR 11-7: Guidance on Model Risk Management , model validation includes: Evaluation of Conceptual Soundness. What is a Model Validation?

Banking 52

Banking Regulations Finance 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

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. Compliance risks. Platform modernization presents a solution. Revenue leakage. Here are some reasons why.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

SIG Speaks

NOVEMBER 10, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Senthil Jagadeesan shares how important it is to manage the risk associated with artificial intelligence. It provided practical tips and guidance to tackle today’s challenges from Third-party risks. Background. Challenges.

Management 40

Management Risk Management Risk Management Banking 40

IBM Services

JANUARY 16, 2024

This coming year, emerging technologies, such as automation and efficiency, are expected to come to the forefront. New technology and the growth of AI bring into question personal data and privacy concerns, which will ultimately change the regulatory requirements in financial services.

Service 51

Service Banking Risk Management Risk Management 51

Paysquare

FEBRUARY 2, 2024

Some very effective strategic solutions for payroll outsourcing are: Appropriate Risk Management One of the most crucial solutions for payroll services is risk management. Appropriate risk management is the expertise of a payroll outsourcing service and the ultimate solution to your payroll system concerns.

Payroll 52

Payroll Outsourcing Regulations Risk Management 52

Capgemini

DECEMBER 4, 2023

Proposed in May 2022, and finalized in July 2023, they will allow investors to make a more informed assessment of whether and how companies are managing their cybersecurity risks. For further information, please see our Privacy Notice. Evaluation of existing cybersecurity monitoring infrastructure is imperative 2.

Cybersecurity 52

Cybersecurity Risk Management Risk Management Government 52

Perficient Digital Transformation

MAY 18, 2023

Security & Privacy Domain : Identity management, authentication & authorization, Confidentiality, Integrity, & Availability (CIA), PII, and PHI. Portfolio Management : Manage portfolios of projects, programs, and demands.

Design 64

Design Management Collaborations Government 64

The Scalers

FEBRUARY 14, 2023

However, they’ve also introduced new vulnerabilities — increasing the risk of malicious use. It’s crucial to ensure that these technologies are properly implemented and regulated to avoid ethical and privacy concerns. Want to build your development team? KEY TAKEAWAYS: 1.

Cybersecurity 52

Cybersecurity Offshoring Regulations Out-Tasking 52

Obobo

MARCH 19, 2023

Contract management software is a type of computerized system that allows businesses to streamline the process of creating and managing contracts, as well as document storage and contract compliance. Contract management software is an application designed to help companies manage their contracts efficiently.

Software 52

Software Management Right-Sizing Automation 52

Obobo

MARCH 19, 2023

As you gain momentum in your business, chances are you will be signing contracts with vendors, partners, and customers—creating a need for contract management. Managing contracts manually can be overwhelming and can lead to errors. But what exactly is a contract management system? How does a Contract Management System Work?

Management 40

Management Automation Out-Tasking Administrative 40

Perficient Digital Transformation

MARCH 19, 2024

Risk management, data access controls, and continuous monitoring and logging are likely on your checklist. That open dialog and collaborative approach can create powerful change advocates who rally the adoption of digital investments, such as smart automation , trusted data , and connected experiences.

Healthcare 52

Healthcare Insurance Cybersecurity Collaborations 52

Magellan Solutions

JUNE 14, 2023

Testing New Technologies And Business Models A BPO company can help you explore and adopt emerging technologies, such as artificial intelligence, automation, or blockchain, without needing substantial upfront investments. Managing Risk and Security Prioritize risk management and data security when engaging with a BPO.

BPO 52

BPO Collaborations Outsourcing Flexibility 52

Magellan Solutions

MAY 19, 2023

LACK OF ARTIFICIAL INTELLIGENCE (AI) AND AUTOMATION Piled up workloads and time-consuming tasks can be challenging. Integrating automation in manual processes can level up the game for businesses. Companies should take advantage of the rise of automation and AI. With AI and automation, enhanced productivity is a given.

BPO 52

BPO Outsourcing Management Out-Tasking 52

Obobo

MARCH 19, 2023

CLM helps organizations manage contractual relationships throughout their entire life cycle – from generating contracts through execution to post-execution management. CLM software automates contract management processes, making it easier for businesses to keep track of their contractual obligations and deadlines.

Software 40

Software Management Collaborations Automation 40

Planergy Software

MAY 23, 2022

Though sustainable finance and ESG (environmental, social, and governance) finance are often used interchangeably, sustainability is a more general term that can mean anything many things including addressing climate risk, constructing a green building to creating a low-carbon footprint. Use PLANERGY to manage purchasing and accounts payable.

Finance 52

Finance Government Regulations Accounting 52

Obobo

MARCH 19, 2023

– Contract monitoring and management: This involves reviewing and monitoring the contract to ensure that the vendor is meeting their obligations. – Risk management: VCM helps identify and mitigate risks associated with vendor contracts, such as cybersecurity threats, data breaches, or financial instability.

Management 40

Management Reduced Costs Automation Accounting 40