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DFS500 Amendments: What You Need to Know

Perficient Digital Transformation

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence Perficient’s Risk and Regulatory Center of Excellence (CoE) remains at the forefront of evolving financial rules and regulations, ensuring readiness to tackle emerging challenges and safeguard financial institutions and its customers.

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NYSDFS Part 500 Cyber Amendments Finalized: What You Need to Know

Perficient Digital Transformation

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.

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Choosing Business Outsourcing Companies

Intugo

They understand your sector’s challenges, regulations, and best practices, ensuring more efficient and compliant service delivery. Regulatory Alignment: Proximity often means similar regulatory environments, simplifying compliance and governance. Quality Assurance Consistency in service quality is non-negotiable.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

Outside consumer demand for traceability, new regulations may make it imperative for some businesses: the FDA’s Food Safety Modernization Act (FSMA) Rule 204 requires food companies that manufacture, process, pack or hold foods on the Food Traceability List (FTL) to use traceability systems and follow new record keeping requirements. .¹

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11 Cost Reduction Strategies in Procurement

Obobo

Optimize Inventory Management: Effective inventory management can help reduce waste, minimize storage costs and prevent over-ordering of products. Proper forecasting and real-time tracking can ensure that your inventory levels stay optimal. Medium-Term Cost Reduction Strategies: 3.

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Business process management (BPM) examples

IBM Services

A purchasing agreement between a client and vendor, for example, needs to evolve and go through different rounds of approval and be organized, accessible and compliant with regulations. Business process management examples BPM can help improve overall business operations by optimizing various business processes.