IBM Services

DECEMBER 8, 2023

While plans will vary by necessity, here are five key steps to building a successful risk mitigation strategy: Step 1: Identify The first step in any risk mitigation plan is risk identification. Bring in stakeholders from all aspects of the business to provide input and have a project management team in place.

Risk Management 72

Risk Management Risk Management Insurance Cybersecurity 72

IBM Business Partners

MAY 28, 2024

Government regulations, such as the General Data Protection Regulation (GDPR), and industry regulations, such as the Health Insurance Portability and Accounting Act (HIPAA), oblige companies to protect their customers’ personal data. Data risk management To protect their data, organizations first need to know their risks.

Cybersecurity 72

Cybersecurity Regulations Government Out-Tasking 72

Perficient Digital Transformation

FEBRUARY 15, 2024

These DFS500 amendments signal a crucial shift in the regulatory landscape, emphasizing the imperative for robust governance, risk management, and compliance frameworks across the financial industry. Issues and Findings Management: Document issues and gaps identified during risk assessments and control testing, crucial for compliance.

Inventory Management 52

Inventory Management Regulations Banking Government 52

SIG Speaks

DECEMBER 7, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jessica Mckenzie provides an exceptional and readable display of the topics covered, making this complex topic accessible for practitioners and novices, and shares her common sense advice with risk professionals.

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Risk Management Risk Management Research Insurance 40

Perficient Digital Transformation

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

Inventory Management 52

Inventory Management Regulations Banking Government 52

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. Generative AI proves highly useful in rapidly creating various types of documentation required by coders. Automate tedious, repetitive tasks.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

Risk Guide

MARCH 23, 2023

Performing cohesive risk management across different sites is never an easy task, but when the operations of those sites include a multitude of different specialists and technicians, this amplifies problems. The result was an award for best risk communication initiative at the MEA Risk and Insurance Excellence Awards 2016.

Risk Management 52

Risk Management Risk Management Out-Tasking Management 52

Planergy Software

MARCH 24, 2022

Develop a Vendor Management Policy A vendor management policy is a document that tells senior management and the board members about all of your vendor management activities. The more comprehensive your policy is, the better as it serves as the foundation of strategic and robust management practice.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

SIG Speaks

NOVEMBER 4, 2022

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jamie Huntington shares her thoughts on why Due Diligence is so essential in the third-party risk management process. These contractors' safety, insurance, judgments, and environmental practices were evaluated.

Risk Management 40

Risk Management Risk Management Government Collaborations 40

SirionLabs

MAY 2, 2022

A contract is a key document in any transaction, between individuals and/or businesses. Its legal value notwithstanding, a contract safeguards against conflicts and helps mitigate risks. In turn, it can entirely eliminate the need to trudge through email attachments and bulky files while trying to pull up relevant documents for review.

Insurance 52

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Obobo

MARCH 19, 2023

Compliance involves monitoring the compliance of the contract terms and conditions, including the delivery of goods and services, ensuring compliance with legal and regulatory requirements, and managing any changes to the contract to ensure that they are appropriately documented and communicated to all stakeholders.

Management 40

Management Risk Management Risk Management Government 40

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

Obobo

MARCH 19, 2023

key Takeaway: Effective contract management is a critical aspect of procurement that facilitates successful partnerships with suppliers, compliance with legal requirements, and risk management. Contract monitoring: This involves tracking progress, identifying potential risks, and addressing issues as they arise.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Paysquare

AUGUST 7, 2023

Clearly document accounting procedures, workflows, and reporting requirements. Implement risk management strategies like contingency plans, disaster recovery protocols, and insurance coverage.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Magellan Solutions

JULY 19, 2021

Risk management efforts for retail banks are put into the spotlight because of the pandemic. Risk management. Additionally, the need for high resolution scanned images like electronic signatures, facial biometric images, and other scanned documents helps to combat frauds. Product analytics.

Data Entry 52

Data Entry Outsourcing Analytics Retail 52

IBM Business Partners

JULY 7, 2023

Create an incident response plan , a written document that details how you will respond before, during and after a suspected or confirmed security threat. Ensuring that permissions are removed when no longer needed lessens the security risk. Manage third-party-related risks. Establish a cybersecurity policy.

Cybersecurity 40

Cybersecurity Regulations Government Healthcare 40

TMS

FEBRUARY 28, 2023

Toroleo compares prices and offers from all over the Internet and provides you with the best deals for tires, car rentals, car washes, or even insurance. Ocean Protocol Your personal data, such as the way you drive and your driving history could be very appealing to an insurance company, who would pay good money for this information.

Banking 52

Banking E-Commerce Co-Sourcing Insurance 52

TMS

FEBRUARY 23, 2023

How to insure your startup? Financial projections need to be documented so you can be realistically optimistic. How will you promote and advertise your enterprise (marketing)? What business connections do you already have and how can you use them? Will you need staff? Keep it balanced and based on provable facts.

Finance 52

Finance Right-Sizing Accounting Banking 52