Remove Compliance Remove Economics Remove Forecasting Remove Risk Analysis
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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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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." One such risk is increased regulatory scrutiny and more stringent compliance requirements backed by expensive fines, added other participants.