Everest Group

AUGUST 25, 2023

Integrating Generative Artificial Intelligence (GAI) into Source-to-Pay (S2P) processes can reshape procurement operations. By seamlessly integrating advanced algorithms and machine learning, GAI has the power to transform Source-to-Pay (S2P) processes, taking procurement to unprecedented heights of efficiency, accuracy, and innovation.

Analytics 52

Analytics Sourcing Out-Tasking Efficiency 52

IBM Services

MAY 1, 2024

Here are some ways generative AI is transforming supply chain management: Sustainability Generative AI helps to optimize companies’ supply chains for sustainability by identifying opportunities to reduce carbon emissions, minimize waste and promote ethical sourcing practices through scenario analysis and optimization algorithms.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

Everest Group

MARCH 17, 2023

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Everest Group

FEBRUARY 26, 2024

If the Capital One merger clears antitrust regulations, the combined entity would become the sixth-largest US bank by assets and a leading card issuer and network provider for the US payments market. Merged entities must swiftly adapt their operational models, delivery strategies, and sourcing decisions to excel in the evolving landscape.

Banking 59

Banking Risk Management Risk Management Marketing 59

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. ESG is creating new opportunities for BFS Global Business Services organizations.

Sourcing 52

Sourcing Banking Global Business Services Impact Sourcing 52

Perficient Digital Transformation

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time.

Accounting 52

Accounting Banking Retail Risk Management 52

IBM Services

SEPTEMBER 15, 2023

Globally, there has been an uptick of landmark regulations forcing companies to address sustainability issues like climate change, and to disclose the work they are doing to address these issues. For example, the regulated disclosures could be anything from estimates around Scope 3 emissions, to investor-grade data.

Regulations 77

Regulations Analytics Government Automation 77

Amzur

JUNE 7, 2023

From advancements in technology and data analytics to evolving regulatory landscapes and changing stakeholder expectations, this blog equips CFOs with the knowledge and strategies needed to thrive in the year ahead. Conducting a comprehensive risk assessment is another vital step.

Finance 52

Finance E-Commerce Analytics Risk Management 52

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 71

Banking Government Risk Management Risk Management 71

IBM Services

DECEMBER 15, 2023

Recycling programs, renewable energy sources, waste reduction and energy efficiency—all these things in theory can contribute to better environmental footprint. Improving efficiency of energy management Organizations can start to build their sustainability efforts through adopting more efficient energy sources.

Manufacturing 71

Manufacturing Advisory Regulations Sourcing 71

IBM Services

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. In addition, Well-developed prompts and inputs direct generative models to output creative content for emails, blogs, social media posts and websites.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Open-source projects, academic institutions, startups and legacy tech companies all contributed to the development of foundation models.

Government 75

Government Management Risk Management Risk Management 75

IBM Business Partners

JUNE 29, 2023

This blog explores the significance of IBP in today’s modern business landscape and highlights its key benefits and implementation considerations. Data integration and analytics IBP relies on the integration of data from different sources and systems.

Supply Chain Management 83

Supply Chain Management Analytics Collaborations Human Resources 83

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

IBM Services

MARCH 4, 2024

Financial/criminal: Violations of existing and emerging data and AI regulations. An AI+ enterprise empowers architects to confidently source, prepare, transform, protect and deliver data to the required locations for AI.

Government 104

Government Co-Sourcing Engineering Risk Management 104

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Administrative 70

Administrative Sourcing Collaborations Strategic Sourcing 70

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

Obobo

OCTOBER 25, 2022

It can help you manage and track your supplier relationships, ensuring that you’re getting the best possible products at all times. In this blog post, we will explore the five major benefits of using supplier management software. But what are the benefits of using SMS? Let’s take a closer look.

Software 52

Software Management Risk Management Risk Management 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor analysis is crucial for risk management. In this blog post, we’ll explore vendor analysis, its underlying processes and types, and best practices when implementing this critical tool in your organization.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Obobo

SEPTEMBER 29, 2022

In this blog post, we will provide you with an overview of what supplier due diligence is and why you should conduct it. In this blog post, we’ll explain what supplier due diligence is, describe the different types of checks that can be performed, and provide a step-by-step guide on how to conduct an effective SDD process.

Co-Sourcing 59

Co-Sourcing Software Supply Chain Management Right-Sizing 59

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. Contracts have a far-reaching impact that extends throughout an organization, affecting functions as diverse as risk management, compliance, procurement, sales, and finance.

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. Contracts have a far-reaching impact that extends throughout an organization, affecting functions as diverse as risk management, compliance, procurement, sales, and finance.

Healthcare 52

Healthcare Regulations Analytics Automation 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. Contracts have a far-reaching impact that extends throughout an organization, affecting functions as diverse as risk management, compliance, procurement, sales, and finance.

Healthcare 52

Healthcare Regulations Analytics Automation 52

Frevvo

FEBRUARY 9, 2022

But do you have a process in place to source vendors? Procurement plans typically include the following details: Roles and responsibilities Needs and requirements Project timelines Project constraints Vendor selection criteria Contract types Payment terms and methods Risk management. Reduces Supplier Risks. Here’s how.

Automation 52

Automation Right-Sizing Software Sourcing 52

SirionLabs

SEPTEMBER 20, 2021

Statutory compliance parameters: Safety and health regulations, labor codes, data security standards, local and international guidelines, licensing, etc. For example, a supplier audit could aim to ensure all necessary licenses, permits, insurance certificates, and other accreditation meet local and federal regulations.

Third Party Contracting 52

Third Party Contracting Regulations Analytics Automation 52

Vilmate

APRIL 27, 2022

It’s aimed at manipulating some particular source of data. Source: Simplilearn. Here are only a few instances of ML and AI applications in financial services: Risk management. Asset management. Statista , one more source common to rely on, states that AI use cases are global, diverse, and comprehensive.

Banking 52

Banking Finance Risk Management Risk Management 52

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

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll discuss the basics of a corporate travel program, why it’s important, and how to implement one successfully. How to gain visibility and control of your indirect spend.

Finance 52

Finance Reduced Costs Management Risk Management 52

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. As well as merge code changes into a “master” copy, analyze source code repositories, and compile automation.

Outsourcing 130

Outsourcing Collaborations Software Automation 130

Obobo

MARCH 23, 2023

In this blog post, we are going to examine 11 effective cost reduction strategies in procurement. Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Procurement teams can also use technology to manage purchasing more efficiently.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Groove Technology

MARCH 14, 2022

Make certain that the agency you work with adheres to strict security regulations, particularly when it comes to server placement, data storage, and so on. The majority of businesses do not rely on a single model; instead, they utilize a variety of sources to meet their company’s objectives. Communication issues. Legal concerns.

Outsourcing 130

Outsourcing Administrative Human Resources Collaborations 130

Everest Group

MAY 19, 2022

Insurers are also offering joint go-to-market (GTM) products to provide comprehensive cyber risk management solutions to enterprises. This provides an opportunity for service providers to work with carriers to provide such tools and applications to help them assess risks associated with a particular firm.

Insurance 52

Insurance Marketing Cybersecurity Engineering 52

Mercans

OCTOBER 26, 2021

Armed with this knowledge, specialists stay abreast of constantly shifting laws, regulations and reporting requirements that impact the services the PEO provides to your business. To help reduce risks for client companies, PEOs often provide: 2.1 Are PEO risk management practices certified by the Certification Institute?

Co-Sourcing 52

Co-Sourcing Payroll Insurance Administrative 52

SirionLabs

AUGUST 16, 2021

After signing, contracts typically are not stored centrally and turn into static, difficult-to-access sources of mission-critical data. This disorganization increases the risk of business disruption and can lead to frustrated partners, stakeholders, and vendors. What Happens When Businesses Lose Track of Their Contracts?

Administrative 52

Administrative Software Analytics Sourcing 52

SirionLabs

AUGUST 16, 2021

After signing, contracts typically are not stored centrally and turn into static, difficult-to-access sources of mission-critical data. This disorganization increases the risk of business disruption and can lead to frustrated partners, stakeholders, and vendors. What Happens When Businesses Lose Track of Their Contracts?

Administrative 52

Administrative Software Analytics Sourcing 52

SirionLabs

AUGUST 16, 2021

After signing, contracts typically are not stored centrally and turn into static, difficult-to-access sources of mission-critical data. This disorganization increases the risk of business disruption and can lead to frustrated partners, stakeholders, and vendors. What Happens When Businesses Lose Track of Their Contracts?

Administrative 40

Administrative Software Analytics Sourcing 40

Obobo

MARCH 19, 2023

That’s why it’s important for companies to take measures to improve contract management processes. Through proper contract management, organizations can reduce legal costs, increase their bottom line, ensure compliance with regulations and industry standards, and even strengthen customer relationships.

Management 40

Management Collaborations Automation Out-Tasking 40