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Decoding the EU AI Act: What it Means for Financial Services Firms | Blog

Everest Group

However, this unprecedented growth has also raised concerns about the potential risks associated with the unchecked use of AI, prompting the need for regulations to ensure the responsible development and deployment of these powerful technologies.

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How to build a successful risk mitigation strategy

IBM Services

It’s important to hit every aspect of the supply chain and address risk throughout the entire business. Types of risk While risks will vary greatly from one industry to the next, there are a few commonly identified risks worth noting.

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Business Values and Adoption of ServiceNow BCM

Perficient Digital Transformation

By improving their ability to respond to disruptions, organizations can make sure the people are safe, minimize the impact on their operations and customers, reducing the risk of financial losses, reputational damage, and legal liability. Plan exercises can be planned, executed, monitored, and documented.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy Software

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.

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11 Cost Reduction Strategies in Procurement

Obobo

In this blog post, we are going to examine 11 effective cost reduction strategies in procurement. These platforms are equipped with features like document management , supplier discovery, and automated workflows. It allows for joint problem-solving, better communication, and shared risk management.

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The EU’s Corporate Sustainability Reporting Directive explained

IBM Services

CSRD will be mandatory for all large European companies and companies listed on the EU regulated markets, including EU subsidiaries of non-EU parent companies. CSRD is mandatory for all large European companies and those listed on the EU-regulated markets, including EU subsidiaries of non-EU parent companies.