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Reducing Operational Risk of IT Service in Finance
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New

risk factor  Corporate Risk | Corporate Risk Management | Cost of Poor Quality | Cost of Poor Quality Copq | Critical Analysis | Critical Factor | Critical Factors | Critical Management | Critical Operational Factors | Critical Performance Factors | Critical Strategic Factors | Critical Succes Factors | Critical Success Factor | Critical Success Factors | Critical Success Factors CSF | Critical Success Factors Analysis | Critical Success Factors Defined | Critical Success Factors for Implementing | Critical Success Read More

Process Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as...
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Documents related to » risk factor


Reduce IT Procurement Time And Risk
All one has to do to get with the best product at the best price is to identify every requirement, find a product that meets all of the criteria, negotiate the

risk factor  so much uncertainty and risk as is involved in the selection of a new technology product. The list of questions is seemingly endless: Do I have all of the customer requirements? Have I identified a good set of suppliers? Do the suppliers really understand my needs? Am I asking the right questions? Do I really understand the answers that I am getting? Which factors should drive my decision? Do we have consensus around the decision? Am I getting the best price? Note : This note first appeared in a column Read More
Successfully Managing Contract Risk
Contractors and subcontractors are both exposed to risk within a project. Thus, it is equally important to both parties that formalized risk management be

risk factor  backed up by a risk analysis determining why the work (hence the higher bid) is high risk, will often be the difference between a winning and loosing bid. More importantly it can be the deciding factor when determining whether to enter a bid or not. Additionally, when negotiating incentives and bonuses, being able to determine whether the proposed schedule is realistic or not is key. The most lucrative bonuses are irrelevant if they can never be realistically reached. If the schedule is not realistic, Read More
Has SAP Become a PLM Factor to Be Reckoned With?
You have probably heard of SAP’s recent blockbuster acquisitions, but did you know about the vendor’s fervent in-house innovation and newly developed products

risk factor  compliance processes, reduce the risk for noncompliance by leveraging experience, and leverage information from the enterprise to support decision making. According to SAP’s survey, market leaders have 20 percent lower quality costs for new products, compared with the laggards. In summary, the #1 goal for manufacturing companies around the world is to reduce the “time to profit” for new and enhanced products. Thus, Portfolio Optimization capabilities help with boosting open innovation, freeing up Read More
Security Risk Assessment and Management in Web Application Security
Corporations are at risk because Web applications and servers make them susceptible to hackers and cyber crooks. However, companies can perform security risk

risk factor  attacks. A thorough security risk assessment on your organization's internal and external Web applications can reveal what, if any, actions need to be taken. 3. Encryption It is a sad fact that although modern encryption algorithms are virtually unbreakable, they are underutilized. In years past, performance considerations were cited as a factor in limited usage of encryption. However, today's high-performing computer processing unit (CPU) and specialized cryptographic accelerators have broken down the Read More
The ROI of ERP: Proven Implementation Methodology Is the Determining Factor
Successful implementation of an extended enterprise resource planning system (ERP) is the result of knowledgeable and dedicated people working together. It

risk factor  ROI of ERP: Proven Implementation Methodology Is the Determining Factor Successful implementation of an extended enterprise resource planning system (ERP) is the result of knowledgeable and dedicated people working together. It entails company-wide commitment, openness to change, good planning, and experienced guidance. Learn about the three primary criteria of recognizing return on investment (ROI) from an ERP system and how using them during the system selection process and subsequent implementation Read More
Understanding and Managing Supply Chain Risk
As supply chains continue to grow in size and complexity, companies are focusing more of their energies on managing supply chain risk. While the topic is

risk factor  and Managing Supply Chain Risk Understanding And Managing Supply Chain Risk If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. The current economic downturn, combined with an increasingly complex global business and regulatory environment, has left international businesses more vulnerable than ever to supply chain risk , and it is imperative that they find better ways to manage that risk. Source : SAP Resources Related to Understanding Read More
Effective GRC Management: Strategies for Mitigating Risk and Sustaining Growth in the Tough Economy
Compliance is crucial in establishing new grounds for business. It is important to leverage governance, risk, and compliance (GRC) initiatives toward corporate

risk factor  Management: Strategies for Mitigating Risk and Sustaining Growth in the Tough Economy Compliance is crucial in establishing new grounds for business. It is important to leverage governance, risk, and compliance (GRC) initiatives toward corporate growth, and to define GRC management in terms of enabling new marketing opportunities. To ensure success in managing GRC, one must provide decision makers with processes and tools that allow visibility and access to critical compliance and risk data. Download Read More
TEC helps Arysta LifeScience North America Reduce Risk in Enterprise Software Selection
The North American unit of Arysta LifeScience Corporation, a world leader in crop protection and life sciences, was seeking business intelligence (BI) and

risk factor  LifeScience North America Reduce Risk in Enterprise Software Selection TEC helps Arysta LifeScience North America Reduce Risk in Enterprise Software Selection Crop Protection and Life Science Company Selects Best-fit BI and BPM Solutions with TEC Methodology. Montreal, QC, December 10, 2009 — The North American unit of Arysta LifeScience Corporation, a world leader in crop protection and life sciences, was seeking business intelligence (BI) and business performance management (BPM) solutions to Read More
Risk Management with Investigation Process Design, Execution, and File Management: The BPS Server Concept
Client processes and risk control contextualization can be greatly improved through investigation process design, process execution, and file management issues.

risk factor  Concept Client processes and risk control contextualization can be greatly improved through investigation process design, process execution, and file management issues. Learn how BPS Server uses process templating concepts, separates fact management activities, and uses COSO centric mechanisms to accomplish this. This the second part to Risk, Risk Mitigation, and Functional Requirements in Dynamic Compliance Environments. This is part two of a two part white paper. Part One Risk Mitigation and Functional Read More
Coming to Grips with IT Risk
Some executives say the greatest risk to any large company is IT failure. IT applications routinely support critical processes throughout a business: customer

risk factor  to Grips with IT Risk Some executives say the greatest risk to any large company is IT failure. IT applications routinely support critical processes throughout a business: customer service, invoicing, payroll, regulatory compliance, and more. With so much depending on IT, any disruption can be ruinous. But amazingly, many companies don’t have sound IT risk management processes in place. Find out how investing in IT reduces your security risk. Read More
Aligning Risk and Finance in Banks: From Theory to Practice
After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again

risk factor  Risk and Finance in Banks: From Theory to Practice After the financial crisis, banks are changing the way that they look at risk and finance integration, and these types of projects have been prioritized again. However, the path to successful risk and finance integration is not simple, and banks face a number of technology and organizational challenges. To understand these problems better and banks' aims for risk and finance integration, read this report on a survey by Chartis Research that Read More
Risk-Free Storage for Virtual Desktop Infrastructure (VDI)
It’s easy to underestimate the performance and capacity requirements for virtual desktop infrastructure(VDI) storage, and missteps now can lead to expensive

risk factor  Free Storage for Virtual Desktop Infrastructure (VDI) It’s easy to underestimate the performance and capacity requirements for virtual desktop infrastructure(VDI) storage, and missteps now can lead to expensive problems later. In “Risk-Free Storage for VDI,” you’ll learn how Nimble Storage delivers responsive performance to handle peak VDI workloads, integrated data protection, and instant backups and restores—all for dramatically less than you’re paying now. Read More
Credit Risk in the US Energy Industry: CNRA and Its Implications
The US energy sector has experienced recent loss of counterparty confidence. To offset this, managing credit risk has become paramount. Knowing what the risks

risk factor  Risk in the US Energy Industry: CNRA and Its Implications The US energy sector has experienced recent loss of counterparty confidence. To offset this, managing credit risk has become paramount. Knowing what the risks are is just the start—risk mitigation methods must be used to reduce overall credit risk exposure and to free up capital resources. Find out three key ways to mitigate risk, and how a clearing, novation, and release agreement (CNRA) can help guarantee collateral. Read More
Exploring Ways for SMBs to Eliminate Technology Business Risk
Small to medium businesses (SMBs) need technology to survive in a competitive business environment. However, regardless of the business type, size, or industry,

risk factor  to Eliminate Technology Business Risk Small to medium businesses (SMBs) need technology to survive in a competitive business environment. However, regardless of the business type, size, or industry, incorporating technology into existing frameworks involves risk—to productivity, customer service, operations, and the bottom line! The key to reducing risk and increasing productivity is thus the selection of technologies that will accommodate change in your business. Read More
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