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Establishing a Third-Party Risk Management Program

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Lois Peric shares the essential components for building a third-party risk management program. There are essential components when establishing a third-party risk management program in an organization where none exists.

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Generative AI use cases for the enterprise

IBM Services

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. Garbage in, garbage out. Imagine training a generative AI model on a dataset of only romance novels.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Services

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. Using AI for certain business tasks or without guardrails in place may also not align with an organization’s core values.

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AI-Powered Statutory Compliance Solution Revolutionizing the Relationship Between Government and Business

Paysquare

By implementing AI-powered tools like natural language processing and machine learning algorithms, compliance processes have become manageable, precise, and streamlined, and also save resources and time for both. It revolutionizes traditional processes by automating tasks and enhancing accuracy.

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Leveraging user-generated social media content with text-mining examples

IBM Business Partners

With nearly 5 billion users worldwide—more than 60% of the global population —social media platforms have become a vast source of data that businesses can leverage for improved customer satisfaction, better marketing strategies and faster overall business growth. How does text mining work?

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What is a Procurement Project Management Software? – Definition

Obobo

By automating their procurement processes, organizations can save time and resources that would otherwise be spent on manual tasks. The different types of procurement project management software. There are a few different types of procurement project management software out there.

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All About Business Process Management

Mattsen Kumar

Employees tend to view one part or step of a process at a time, and only a few, experienced ones can scan out and see the complete consequences of a process, including where it begins and finishes, and identify any bottlenecks and inefficiencies. These issues can be solved with Business Process Management (BPM) software.