Enterprise risk management software implementation can be very complex, especially when you consider the large number of third-party integrations that are commonly required. Without these integrations, your enterprise risk management (ERM) platform may fall short of reaching its full potential, especially when it comes to return on investment (ROI). The complexity and broad scope of… Continue reading Enterprise Risk Management Software Implementation Best Practices
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Category: Agnostic
Key Highlights of IBM OpenPages with Watson v9.0.0 Release
IBM’s OpenPages with Watson stands out as a highly integrated governance, risk, and compliance platform, empowering businesses to address their risk and compliance challenges effectively. IBM OpenPages with Watson v9.0.0 comes with exciting new capabilities and enhancements. Such as the integration of custom machine learning models and notable updates in workflows and dashboards of individual… Continue reading Key Highlights of IBM OpenPages with Watson v9.0.0 Release
AI can Help You Turn Digital Risk Management into Strategic Advantage
In any organization, digital risk has rapidly emerged as one of the most pervasive and rapidly growing risks. A recent survey by Gartner indicates that digital risk is the foremost strategic business priority for corporate directors in 2022 and 2023. The dependence on digital technologies has accelerated, driven by investments made during and after the… Continue reading AI can Help You Turn Digital Risk Management into Strategic Advantage
How to Build a Business Case for Implementing Enterprise Risk Management Software?
Enterprise risk management software can be a challenging sell when it comes to convincing company leadership, stakeholders, and other decision-makers to make an investment in this technology. You’re dealing with a threat or vulnerability that, to date, hasn’t caused any major issues and so, there is the hope that the status quo will prevail and… Continue reading How to Build a Business Case for Implementing Enterprise Risk Management Software?
How to Evaluate the Return on Investment for ERM?
Enterprise risk management software — or ERM — has gained an ever-increasing amount of popularity amongst companies in all industries and business sectors in recent years. Many point to the COVID-19 pandemic as the primary impetus for the rise of enterprise risk management software, alongside technologies such as the cloud, machine learning, artificial intelligence, and… Continue reading How to Evaluate the Return on Investment for ERM?
How to Budget for Enterprise Risk Management Implementation?
Enterprise risk management software has seen increasing popularity in recent years and for good reason. Many business leaders seriously re-evaluated their company’s risk management strategy amidst the COVID-19 pandemic — an event that laid bare countless vulnerabilities and risk factors. Before the days of the COVID-19 pandemic, these risks, vulnerabilities, and threats were unrealized or… Continue reading How to Budget for Enterprise Risk Management Implementation?
The Link Between ESG Performance and Financial Performance: A Data-Driven Analysis
Recent years have seen a dramatic increase in the number of companies that are placing great emphasis on ESG — environmental, social, and governance issues. It’s a mainstream movement that showcases a company’s commitment to and alignment with socially progressive and pro-environment ethics and values. But simply implementing and deploying ESG initiatives within your organization… Continue reading The Link Between ESG Performance and Financial Performance: A Data-Driven Analysis
How to Identify and Prioritize Risks in Business Continuity Management
An ever-increasing number of business leaders are placing increased emphasis on risk management as part of their overall business strategy. It’s a trend that we’ve seen since the COVID-19 pandemic — an event that revealed the true fragility of success in the business world. The pandemic left many company leaders and stakeholders shaken as they… Continue reading How to Identify and Prioritize Risks in Business Continuity Management
Streamlining Banking Risk Management: The Benefits of Implementing a Risk Management Software
Of all business sectors and industries, business leaders in the financial sector and banking space are confronted with some of the most complex risk management considerations. Banks, credit unions, lenders, and other financial service providers are frequently targeted by criminals — especially cybercriminals — due to the many areas of vulnerability that exist within banks… Continue reading Streamlining Banking Risk Management: The Benefits of Implementing a Risk Management Software
The True Cost of Non-Compliance
The cost of non-compliance can be crippling for an organization. Legal and regulatory non-compliance have become very real risk management concerns for companies in a broad range of industries, from healthcare, to finance, manufacturing, and beyond. In fact, the COVID-19 pandemic has brought the entire risk management landscape into much clearer focus for business leaders… Continue reading The True Cost of Non-Compliance