Remove Economics Remove Risk Analysis Remove Risk Management
article thumbnail

A New Reality For Supplier Risk Management

PYMNTS

Supplier risk management is often a resource-intensive practice and rarely a target of technological investments. As a result, corporates will often let their vendor relationship management processes fall by the wayside. ” A Dramatic Shift. . ” A Dramatic Shift. The New Normal.

article thumbnail

The Real-Time Visibility of Sage Intacct Opens New Doors for Your Family Office

https://trustedcfosolutions.com/feed/

You need the visibility to show your clients how their investments have grown over the years and be able to swiftly manage a diverse portfolio. Investment risk management. Your clients trust you with their assets, so you need to be well-equipped to perform a risk analysis and recognize the impact on their investments.

Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Uncertainty Is All Around

Fpanda Club

Various types of uncertainty can be well illustrated by the so-called Rumsfeld matrix widely used in risk analysis and risk management. Unknown knowns These are risks we intentionally ignore and don’t want to acknowledge. In the well-built risk-management system this type of risks should not exist.

article thumbnail

Reframing financial uncertainty with data and AI

Future CFO

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right? "I

article thumbnail

Turning Currency Volatility Into A Global FX Strategy

PYMNTS

According to Frey, the current economic climate is particularly affected by sudden policy shifts that may not necessarily be rooted in sound economic fundamentals. This can expose companies to risk, explained Frey — even firms that may assume they are immune to currency fluctuations.

article thumbnail

FAIR, National Institute of Standards and Technology Come Together To Publish New Resource

PYMNTS

The FAIR Institute , a nonprofit aimed at developing standard information risk management practices, announced on Thursday (Aug. ” and “What activities matter the most and should be prioritized?”

article thumbnail

Supplier Risks And Confronting Supply Chain Unknowns

PYMNTS

. “Supplier risk and supply chain risk are very important factors in the procurement world; it’s a very topical subject right now,” he said. Many of GEP’s clients have supply chains connected to developing markets that are enduring their own growing pains and economic and social overhauls.