Remove solutions back-office compliance-audits
article thumbnail

5 Biggest Cyber-Attacks & How Much Did It Cost Companies?

31 West

Compliance. Yahoo violated the IT compliance laws by delaying state and federal data breach notification, which resulted in multiple class action lawsuits. Including forensic audit, litigation, monitoring, and business loss due to cyber-attacks account for three to four billion dollars. Compliance. Compliance.

article thumbnail

Insurance Back Office Support Tasks You Need to Outsource this 2023

Magellan Solutions

Insurance Back Office Support Tasks for 2023. Why do people get insurance back office support? Mostly because of things like old technology, changing customer tastes, and changes in regulatory standards and compliance requirements. Insurance companies need back office support for a lot of reasons.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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!” Back up … Why RPA? Improve information security, compliance and disaster recovery. These audit trails can be used to debug any errors and optimize process execution.

article thumbnail

Emerging Trends and Priorities for CFOs in 2023-2024: A Comprehensive Guide

Amzur

In the ever-evolving landscape of finance, Chief Financial Officers (CFOs) face a multitude of challenges and opportunities in their quest to drive growth and enhance organizational performance. NetSuite for CFOs offers a comprehensive suite of technology solutions designed to address the specific needs of finance leaders.

Finance 52
article thumbnail

Hiring Employees in China: 3 Options for Global Employers

Velocity Global

China has its own complex array of labor laws, and failing to comply with these laws can result in fees, back pay, or even the loss of your business license. Representative Office. Foreign companies can suddenly find themselves saddled with fees, employee back pay, and criminal penalties for misclassifying their talent in China.

Payroll 98
article thumbnail

Back office vs. front office: boost productivity between both offices

TTEC

An organisation’s front and back office functions are fundamental to any great customer experience. That’s why it’s critical to keep both front and back office operations running smoothly and effectively. What is the front office? The front office refers to the customer-facing section of a firm.

article thumbnail

Decision Focus and IBM: Changing the face of Risk & Compliance

IBM Business Partners

Back in 2004, a couple of IBMers decided to try life on the other side of the IBM Partner Ecosystem. IBM’s marketing team in particular played a critical role in bringing our solution to market. Catherine Palmer, Risk MI Officer, Hastings. Just recently, InsuranceERM awarded us ERM end-to-end solution of the year for 2022.