IBM Services

OCTOBER 16, 2023

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. AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities.

Government 75

Government Management Risk Management Risk Management 75

Paysquare

APRIL 30, 2024

Through advanced algorithms, AI systems can analyse large volumes of data and documents quickly and accurately, reducing manual effort and time-consuming tasks. This automation not only enhances efficiency but also reduces the risk of human error and confirms greater accuracy in compliance activities.

Government 52

Government Payroll Cybersecurity Regulations 52

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

Offshore India Data Entry

NOVEMBER 16, 2023

Technology and Infrastructure Outsourcing partners will be geared with the latest and advanced automation software specially designed to carry out their processing operations. This enables businesses to save time and attention in managing repetitive tasks. They implement robust control measures throughout the whole process.

Outsourcing 52

Outsourcing Out-Tasking Regulations BPO 52

Automation Anywhere

MAY 18, 2022

Similar guidance has been rolled out by the Prudential Regulatory Authority, Financial Conduct Authority, and other regulators. The principles cover topics ranging from governance and operational risk management to business continuity planning and cybersecurity, including activities performed for third parties.

Service 90

Service External Service Provider Out-Tasking Cybersecurity 90

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. Why Choose an Employer of Record Service?

Management 52

Management Payroll Administrative Regulations 52

Infosys Consulting

NOVEMBER 6, 2023

Now is the time to reimagine your regulatory change management (RCM) operating model. Organizations worldwide—regardless of industry—are facing a growing number of regulations from financial reporting, capital calculations, and cybersecurity to operational resilience.

Management 52

Management Regulations Government Cybersecurity 52

Akorbi

SEPTEMBER 22, 2022

To achieve this certification, Akorbi demonstrated a systematic and documented approach to protecting and managing sensitive information, including intellectual property, employee and customer data, and financial information entrusted by third parties.

Regulations 52

Regulations Business Process Outsourcing Reduced Costs Risk Management 52

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. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

IBM Business Partners

JULY 27, 2023

The oil and gas industry remains an integral part of the energy landscape, but it faces a number of modern challenges, including volatile market conditions, expanding environmental regulations and the growing need for operational efficiency. It can also significantly increase uptime and lifespan.

Inventory Management 60

Inventory Management Risk Management Risk Management Regulations 60

3Pillar Global

JANUARY 4, 2024

Often, however, these efforts are impeded by inefficient technology that, in turn, drives human inefficiencies within the organization. Let’s walk through the connection between technology and revenue cycle optimization, then walk through two examples of how we have made this work for our clients. Increased denials or rejections.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Magellan Solutions

AUGUST 6, 2023

The finance and accounting world is undergoing a technological revolution. Fraud Detection and Risk Management Solutions AI tools designed for fraud detection can analyze datasets and detect anomalous transactions or patterns. Blue Dot This AI accounting tool is a pioneering force in market and technology domains.

Accounting 98

Accounting Finance Data Entry Out-Tasking 98

Capgemini

NOVEMBER 22, 2023

Model validation verifies that the models used to combat financial crime operate as expected, according to the business uses and objectives for which they were designed; how they are governed; their integration with the risk assessment of the institution; operational and conceptual soundness; and data quality.

Banking 52

Banking Regulations Finance Risk Management 52

inDinero

JUNE 29, 2023

Since then, GAAP has evolved in response to changing business practices, new technologies, and a need for consistent financial reporting. Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting. Sincerity : documents should disclose the full, objective truth.

Accounting 98

Accounting Regulations Payroll Finance 98

Automation Anywhere

APRIL 27, 2022

However, to remain relevant (or merely survive), you must adapt your bank to the technological and social changes that have created our new normal. Your external customers, regulators, consultants, and experts are the ones who understand the direction of the market.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

Perficient Digital Transformation

MARCH 27, 2023

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.

Out-Tasking 64

Out-Tasking Healthcare Risk Management Risk Management 64

Zinnov

AUGUST 25, 2023

Fueled by advancements in digital technologies, these centers have not only increased their output but have also enhanced their value proposition from being mere cost arbitrage centers to driving innovation and enabling business continuity. GCCs can retain valuable expertise by capturing and documenting tacit knowledge.

Government 52

Government Offshoring Right-Sizing Regulations 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. What is due diligence? Still, until recently, it's not been a formal process. Learn more. .

Risk Management 40

Risk Management Risk Management Government Collaborations 40

Paysquare

AUGUST 7, 2023

Outsourcing provides access to advanced accounting technologies and expertise that may be otherwise difficult to obtain in-house. Overall, outsourcing accounts is significant as it enables businesses to streamline operations, reduce costs, access specialized skills and maintain compliance with accounting standards and regulations.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Zinnov

OCTOBER 30, 2022

Leaders must therefore alter and improve their business processes, technology, and employee responsibilities to reduce redundancies and effort that are hindering productivity. Process Intelligence is a technology which can help enterprises in this situation. This integration promoted continuous improvement at the grassroots level.

Right-Sizing 52

Right-Sizing Regulations Out-Tasking Automation 52

Infosys Consulting

OCTOBER 18, 2023

We live in a world governed by data and AI technologies. This technology helped Knorr achieve its goal of zero defects globally. Finance Financial organizations can enhance risk management, fraud detection, and compliance with the aid of big data and machine learning. Clearly, from the examples above, 4.0

Healthcare 52

Healthcare Banking Finance Streamline Operations 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

Obobo

MARCH 19, 2023

The power of technology and automated systems have been embraced in almost all business areas, and contract management is no exception. A contract management system is a tool that helps streamline the review, signing, and execution of contracts. What are the benefits of using a contract management system?

Management 40

Management Automation Regulations Out-Tasking 40

Risk Guide

FEBRUARY 5, 2023

In a previous article we laid out how the Metaverse is shaping up and whilst we concluded that the Metaverse will take a while to become a reality, blockchain technology, in which much of web3 is built upon, has now risen to prominence, gaining wide spread adoption. What are Bitcoin and Cryptocurrencies? All have embraced Bitcoin, but why?

Banking 52

Banking Finance Risk Management Risk Management 52

Obobo

MARCH 19, 2023

In today’s business world, contract management software is becoming more important than ever for businesses of all sizes due to the complexity of managing contracts. With automated processes in place, businesses can reduce the amount of manual effort required to manage contracts and maximize efficiency.

Software 52

Software Management Right-Sizing Automation 52

IBM Business Partners

JULY 7, 2023

An example of the importance of data privacy is in the healthcare industry, where it’s critical to protect confidential patient information for patient trust and comply with regulations. A comprehensive data security strategy includes people, processes and technology. Manage third-party-related risks.

Cybersecurity 40

Cybersecurity Regulations Government Healthcare 40

Magellan Solutions

JANUARY 22, 2021

As they handle and manage legal documents important to the litigation process. . Law firms can outsource a clerk that assembles and organizes information for any legal documents. Outsourced Document Coder. Creation of a document database for use in litigation is quite a tedious task. Outsourced Document Reviewer.

Outsourcing 52

Outsourcing Legal Services Service Administrative 52

inDinero

JUNE 29, 2023

Since then, GAAP has evolved in response to changing business practices, new technologies, and a need for consistent financial reporting. Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting. Sincerity : documents should disclose the full, objective truth.

Accounting 52

Accounting Regulations Payroll Finance 52

Obobo

MARCH 19, 2023

Do you struggle to keep track of your contracts and related documents? If so, a contract management system might be the solution you need. A contract management system is a software platform that helps organizations manage all aspects of the contract lifecycle, including drafting, negotiation, execution, and ongoing maintenance.

Management 40

Management Automation Out-Tasking Administrative 40

Obobo

MARCH 19, 2023

Contract lifecycle management software (CLM) is a technology tool that simplifies the creation, negotiation, and management of contracts. CLM helps organizations manage contractual relationships throughout their entire life cycle – from generating contracts through execution to post-execution management.

Software 40

Software Management Collaborations Automation 40

SirionLabs

AUGUST 16, 2021

Conventional, manually-driven contract management processes, which broadly deal with paper documents and email attachments, are inefficient and expensive. This disorganization increases the risk of business disruption and can lead to frustrated partners, stakeholders, and vendors. Fully interrogatable repository.

Administrative 52

Administrative Software Analytics Sourcing 52

SirionLabs

AUGUST 16, 2021

Conventional, manually-driven contract management processes, which broadly deal with paper documents and email attachments, are inefficient and expensive. This disorganization increases the risk of business disruption and can lead to frustrated partners, stakeholders, and vendors. Fully interrogatable repository.

Administrative 52

Administrative Software Analytics Sourcing 52

Obobo

MARCH 19, 2023

The Contract Management Lifecycle involves five distinct phases: initiation, creation, execution, compliance, and renewal. The creation phase involves drafting the document, reviewing it, and obtaining approvals. One of the primary reasons is that it helps businesses mitigate legal and financial risks.

Management 40

Management Reduced Costs Efficiency Regulations 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. Document with specificity.”

Management 40

Management Collaborations Automation Out-Tasking 40

Magellan Solutions

AUGUST 26, 2021

Outdated technologies or tools. Ensure continued existence of the business through risk management and optimization. Cost reduction in some areas of data management through provision of central control mechanisms. Improved confidence in data quality and data processes documentation. Budgetary restrictions.

Government 52

Government BPO Data Entry Business Process Outsourcing 52

NoonDalton

OCTOBER 5, 2022

Advanced technological knowledge. Expert project management (including all modern methodology like Agile, etc.). It can include everyone you need for your project, such as developers, managers, analysts, scrum masters, and so on. However, these individuals function autonomously; they have their own system and regulations.

Outsourcing 86

Outsourcing Out-Tasking Flexibility Collaborations 86

Planergy Software

JANUARY 19, 2024

Vendor analysis is crucial for risk management. That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations. What is a Vendor Analysis Report?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52