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A New Reality For Supplier Risk Management

PYMNTS

According to Lori Frank, president and CEO of Argos Risk , COVID-19 is the black swan event for supplier relationship management and supply chain risk analysis. “Before, companies would think they needed to assess risk once a year,” Frank said. ” A Dramatic Shift. ”

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Rootstock Teams With Nagarro To Enter Cloud ERP Market

PYMNTS

Wes Gillette , vice president of Product Management at insightsoftware , told PYMNTS that the legacy ERP solutions no longer fit every business model, as modern, specific problems in financing, cash flow forecasting and risk analysis often require new solutions.

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Supplier Risks And Confronting Supply Chain Unknowns

PYMNTS

Sure, a corporation with complex international supply chains can never exactly forecast the socioeconomic or environmental factors that could impact business. But sophisticated data management does offer some predictability to vendor risk mitigation and supply chain management. .

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CFOs, Treasurers Are The One-Two Punch Against FX Risk

PYMNTS

More than half of treasury departments surveyed by the firm, however, say that a lack of visibility into their corporations’ exposure to this risk, as well as unreliable FX forecasts, are their top challenges. At the same time, a continued dependence on manual analytics can similarly mean a weak grip on FX risk mitigation.

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The Risk Of Banks Hitting The Panic Button On Fraud

PYMNTS

Analysis from PricewaterhouseCoopers (PwC), published earlier this year, emphasized that internal fraud can be traced back to both full-time and part-time workers, and can appear in different ways, including insider trading, theft or cyber vandalism. “It’s a sensitive topic,” said Pozza.

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