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Stay Ahead of the Curve: Top 5 TPRM Initiatives to Prioritize

Audit Board

AuditBoard and RSM’s new ebook, Third-Party Risk Management: Trends and Strategies to Help You Stay Ahead of the Curve, translates current TPRM trends and lessons learned into actionable ideas to help your organization identify, reduce, and monitor third-party risk. banking disruptions, ESG, new regulations, etc.),

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How to Overcome Three Major Auditing Obstacles in Financial Services by Adopting Agile

Audit Board

Adding to the challenge, traditional internal audit processes and outdated technology limit real-time visibility into risks and stifle flexibility needed to address changes. Challenge 3: Relying on Dated Tools and Technology Another challenge internal auditors must overcome is the use of dated or homegrown audit tools and technology.

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Hyperautomation in Action: Purchasing and Payables

Audit Board

Process-level automation — also known as hyperautomation — involves the orchestrated use of multiple technologies to automate as many business and IT processes as possible. According to predictions from Gartner , McKinsey , and Deloitte , hyperautomation is one of the top technology trends of 2022. . Operating cost.

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Strengthening Financial Services Risk Management Through Collaboration-Based Solutions

Audit Board

On the heels of several history-making bank collapses in the first quarter of 2023, financial institutions must fortify their internal controls programs to respond to greater scrutiny from federal regulators. Areas where banks are expected to face stricter rules and supervision include: Stress test models and contingency planning.

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ESG Regulations Guide: Decoding the US, UK, and EU Climate Rules

Audit Board

Regardless of location, every organization should get its house in order ASAP, putting in place the processes, controls, and technologies needed to support accurate, reliable, up-to-date, accessible, and auditable ESG reporting from a single source of truth. How Can Technology Help With ESG Compliance?