Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

Risk Management 40

Risk Management Risk Management Management Insurance 40

IBM Services

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

Sourcing 69

Sourcing Out-Tasking Collaborations Research 69

TMS

MARCH 7, 2023

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.

Risk Management 52

Risk Management Risk Management Management Finance 52

SIG Speaks

DECEMBER 8, 2022

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.

Risk Management 40

Risk Management Risk Management Management Design 40

Everest Group

APRIL 28, 2022

Sharing sensitive data with outsourcing providers in today’s interconnected digital world has increased organizations’ vulnerability to cyberattacks, making it more important than ever to have an effective supplier cyber risk management strategy. Not having a formal supplier cyber risk management strategy can cause compliance issues.

Risk Management 52

Risk Management Risk Management Management Cybersecurity 52

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 59

Strategic Sourcing Sourcing Risk Management Risk Management 59

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Sourcing Risk Management Risk Management 52

Sourcing Advisors Group

OCTOBER 27, 2020

The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams. In fact, most firms generate no Strategic Sourcing bottom-line results, as Vendor Spending is increasing as fast, or faster, than Revenue growth. Shortcuts Do Not Work.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

Obobo

JULY 1, 2022

What Is Source-To-Pay (S2P)? Source-To-Pay Vs Procure-To-Pay. What Is Source To Pay (S2P)? An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. What Is The Source to Pay Process? Source to pay process: 1.

Sourcing 52

Sourcing Accounting Software Automation 52

Sarah Holliman

DECEMBER 19, 2018

With so many avenues for entry, managing risk has become everyone’s job , and the sourcing organization is front and center as their direct relationship with third parties increasingly puts them in the driver’s seat. Consistency. This includes a consistent strategy, message and framework.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. Typically, interfaces are where the most significant risks are in any system.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Capgemini

SEPTEMBER 21, 2021

Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Notably, solar and wind power are already cheaper than conventional sources in almost all regions.

Sourcing 52

Sourcing Design Risk Management Risk Management 52

SIG Speaks

JANUARY 5, 2022

SIG University Certified Supplier Management Professional (CSMP) program graduate Gicela Isla-Richter breaks down the importance of the selecting the correct sourcing business model and the levels of supplier management. Supplier performance management - the supplier is managed by a specific KPI. The GRC Tool.

Sourcing 40

Sourcing Government Right-Sizing Risk Management 40

Everest Group

OCTOBER 14, 2021

It may seem at times that the IT and procurement departments can be on different planets when it comes to IT sourcing services spend. Anyone who has set up a new procurement department at a firm with large volumes of untracked indirect spend knows they first need to target the IT department and get involved in their sourcing projects.

Sourcing 52

Sourcing Cybersecurity Right-Sizing Risk Management 52

Sourcing Captain

SEPTEMBER 21, 2021

For anyone who is into sourcing, it is essential to understand the difference between purchasing and procurement. Risk management is another factor that differentiates purchasing from procurement. There are several supply chain risks such as operational risks, financial risks etc. Purchasing.

Manufacturing 130

Manufacturing Sourcing Research Risk Management 130

Everest Group

JUNE 1, 2023

You’ll learn how to integrate technologies across the supplier management lifecycle and choose the right tools to enhance your supplier management function. Which activities can be impacted by technology under supplier lifecycle management? What questions will the webinar answer for the participants? Who should attend?

Management 52

Management Risk Management Risk Management Cybersecurity 52

31 West

JANUARY 31, 2023

Understanding Data Discovery Data discovery is the collection and analysis of data from different sources. Often linked to business intelligence, data discovery informs the decisions of companies by bringing together large chunks of data from siloed sources and extracting the important information. Let’s go through them here: 1.

Risk Management 130

Risk Management Risk Management Sourcing Regulations 130

Everest Group

NOVEMBER 16, 2022

Proactive ESG risk monitoring – Build on their roles in supporting enterprises in managing various risk types such as liquidity, credit, and operational so GBS can be leveraged as specialist ESG risk management centers by enterprises.

Sourcing 52

Sourcing Banking Global Business Services Impact Sourcing 52

Everest Group

OCTOBER 10, 2023

Leading providers are also investing in developing capabilities and solutions in emerging areas such as sustainability, risk management, and direct spend management.

Outsourcing 75

Outsourcing Service Sourcing Payroll 75

IBM Services

FEBRUARY 19, 2024

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Intelligent Sourcing

SEPTEMBER 2, 2022

When it comes to enterprise telecom, cloud, and other IT expenses, today’s procurement departments must balance mandates for operational efficiency, cost reduction, and supply chain and risk management. The post TEM: A Strategic Opportunity for Procurement appeared first on Intelligent Sourcing.

Risk Management 52

Risk Management Risk Management Sourcing Efficiency 52

Perficient Digital Transformation

NOVEMBER 8, 2023

CMDB Challenges: Unraveling the Common Thread: The prevalent concerns that echo through the minds of all Configuration Management Database (CMDB) owners across our customers are: How can I maximize the value of my CMDB? Establishing trust in CMDB as a reliable source of data remains a challenge.

Co-Sourcing 52

Co-Sourcing Risk Management Risk Management Collaborations 52

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

On October 19th, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. Tags: Outsourcing Innovation Future of Sourcing Awards Awards. Region: Global

Management 72

Management Sourcing Risk Management Risk Management 72

Risk Guide

APRIL 24, 2023

Some sources report that GPT-5 is scheduled to complete training this December and that OpenAI expects it to achieve AGI. The last week open letter signed by Elon Musk, Steve Wozniak, and other tech luminaries , argues that AI systems with human-competitive intelligence pose significant risks to society and humanity.

Risk Management 52

Risk Management Risk Management Collaborations Research 52

IBM Services

APRIL 20, 2023

Mapping data movement Data lineage solutions help banks map data movement from source systems and databases through processing and transformation pipelines to end use in risk models or reports. The value of data lineage applies across all industries, but there are three key focuses when you consider it for banking use cases: 1.

Banking 71

Banking Government Risk Management Risk Management 71

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. Tags: Digital Transformation Leadership Sourcing Strategy Procurement

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

Perficient Digital Transformation

NOVEMBER 17, 2023

In our previous article, “ Transaction Accounts: Analyzing Deposit Stickiness in the Current Interest Rate Environment ,” Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE) explored the sharp decline in transaction account balances over an 18-month period.

Retail 52

Retail Banking Accounting Risk Management 52

IBM Services

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 83

Risk Management Risk Management Cybersecurity Management 83

SIG Speaks

SEPTEMBER 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Heather Frazer discusses how TCO is a great tool that will help capture the entire potential for cost savings and risk and how it is increasingly important for procurement organizations to secure reliable data. I have been with BCBST for four years.

Supply Chain Management 40

Supply Chain Management Sourcing Strategic Sourcing Risk Management 40

Perficient Digital Transformation

NOVEMBER 10, 2023

This being the first blog post in a series of blogs by Perficient’s Financial Services Risk Management and Regulatory Capabilities Center of Excellence (CoE), we will be investigating the deposit structures of non-client banks over time.

Accounting 52

Accounting Banking Retail Risk Management 52

IBM Services

MARCH 4, 2024

An AI+ enterprise empowers architects to confidently source, prepare, transform, protect and deliver data to the required locations for AI. For example, copyright laws, the European Union’s Artificial Intelligence act, Digital Operational Resilience Act (DORA), data sovereignty laws and more.

Government 104

Government Co-Sourcing Engineering Risk Management 104

IBM Business Partners

JUNE 29, 2023

Data integration and analytics IBP relies on the integration of data from different sources and systems. This may involve consolidating data from enterprise resource planning (ERP) systems, customer relationship management (CRM) systems, supply chain management systems, and other relevant sources.

Supply Chain Management 80

Supply Chain Management Analytics Collaborations Human Resources 80

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vendor analysis is crucial for risk management. The evaluation should include feedback from multiple departments or sources to ensure that all relevant data is considered. Download PDF What’s your goal today?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Forrester Digital Transformation

MARCH 16, 2023

Some of this data was sourced from Grindr; a Grindr spokesperson told the Post that “[the] company […] Last week, The Washington Post did a deep dive on how a publication used “commercially available” mobile data to out a Catholic priest as a Grindr user and visitor of a gay bar, ultimately forcing him to resign.

Sourcing 130

Sourcing Risk Management Risk Management Management 130

Amzur

JUNE 7, 2023

source Cloud-based platforms and digital tools facilitate real-time access to financial data, allowing CFOs to collaborate seamlessly with stakeholders across departments, locations, and even different time zones. Conducting a comprehensive risk assessment is another vital step.

Finance 52

Finance E-Commerce Analytics Risk Management 52

Everest Group

MARCH 17, 2023

According to a McKinsey report, 43% of top 100 Property and Casualty (P&C) insurers have at least one MGA relationship to source new premiums. Sourcing implications MGAs operate in an area requiring specialized knowledge and experience in specific insurance markets and products.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

SIG Speaks

JANUARY 13, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Kyle Smith discusses the benefits of a strong third-party risk management team and what it can do for your organization. Module 13 stresses the importance of building a solid relationship management framework.

Risk Management 40

Risk Management Risk Management Collaborations Jobbing 40