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The risk management process for startups that you mustn’t skip

TMS

One of the most important tasks that a project manager must handle is assessing risks. There are pre-set risk management processes that most managers apply in order to run the projects smoothly, without encountering any problems. The basic risk management process contains five core steps.

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What Is Payroll Tax? A Breakdown for Business Owners

inDinero

It’s money collected from employee wages and used to fund Social Security, Medicare, unemployment insurance, and other government programs. Medicare Tax Medicare tax is another component of FICA; it supports the Medicare health insurance program. These vary by location and include income tax, disability, and unemployment insurance.

Payroll 52
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The Battle Unfolds: MGAs as the Next Frontier for InsurTechs, Services, and Technology Providers

Everest Group

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

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Top financial services trends of 2024

IBM Services

From reshaping the customer experience to bringing forth wealth management tools, the financial services sector will be at the helm of managing the lasting impact artificial intelligence (AI) will have on organizations and people. One example of this is in insurance.

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Data protection strategy: Key components and best practices

IBM Business Partners

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.

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50+ RPA use cases

Hyland

It’s tempting, when considering use cases for a new investment, to zoom out and look at everything the solution could possibly handle — “Imagine the ROI!” And while this approach may work to get a new implementation approved, it’s not the best way to roll out said implementation. Look to robotic process automation (RPA) as an example.

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Generative AI use cases for the enterprise

IBM Services

Automate tedious, repetitive tasks. This data is fed into generational models, and there are a few to choose from, each developed to excel at a specific task. While advanced models can handle diverse data types, some excel at specific tasks, like text generation, information summary or image creation. Garbage in, garbage out.