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  • Blog
    November 6, 2018
    Improving processes is a top priority for finance organizations, outside of data security and analytics, according to Protiviti’s 2018 Finance Trends Survey. Robotic process automation (RPA) offers one of the best ways to do that. And yet, judging from the results of the survey, many finance executives are either not aware of or are not ready to commit to this relatively low-cost, non-intrusive…
  • Blog
    November 8, 2018
    Robotic process automation (RPA) is rapidly gaining adoption due to its potential to make routine work more efficient, thus saving companies money and streamlining operations. Leaders recognize the benefit of freeing up skilled resources to focus on tasks requiring intellectual discernment and critical thinking. We have discussed the benefits of RPA in various parts of the organization, including…
  • Blog
    November 12, 2018
    Natural disasters may be local and short-lived, but the devastation they cause can reverberate through the global supply chain for years. The time to be thinking about business continuity is long before a disaster strikes. Consider the recent case of Hurricane Michael. The Category 4 storm, which came ashore in the Florida panhandle, cut a swath through Alabama and the heart of Georgia,…
  • Blog
    November 13, 2018
    Heralded as a “tech light” way to quickly eliminate repetitive work and reduce cost, robotic process automation (RPA) has been gaining wide acceptance and has been deployed by giants like Walmart, AT&T, Walgreens and American Express to automate both front-office and back-office processes. But RPA is not a cure-all. RPA, aka “bots,” while good at handling highly manual and repetitive rules-…
  • Blog
    November 15, 2018
    As part of our Cybersecurity Webinar Series, we presented a webinar recently, discussing the value of establishing a program office dedicated to cybersecurity. Cyber crime is now considered one of the top three risks to an enterprise. Many organizations seek to build security by adding tools and processes on top of their established operations. We explore whether a different approach results in…
  • Blog
    November 16, 2018
    The issue of technical debt – outdated technologies at the core of an organization's IT infrastructure – is becoming increasingly urgent as new digital technologies and emerging players unburdened by legacy systems reshape the competitive landscape. The problem is especially acute in the financial services industry, where mainframe technology supports key customer interfaces, and replacing it…
  • Blog
    November 19, 2018
    The merger and acquisition (M&A) fairytale goes like this: “I’m going to combine these companies and achieve great economies of scale – lower costs, less complexity.” The M&A reality is more like this: “Disentangling key dependencies takes longer than expected, the best people leave at the worst time, processes don’t align to system changes in a few client-facing areas, security…
  • Blog
    November 20, 2018
    At the  SIFMA Internal Audit Society Annual Conference earlier this month in Nashville, Protiviti sponsored a breakout session of future-minded internal auditors talking about innovation in the profession. The panel was moderated by my colleague, Protiviti Managing Director Michael Thor, and featured Michael Bidun, Executive Director in charge of internal audit innovation at Morgan Stanley;…
  • Blog
    November 26, 2018
    As part of our Cybersecurity Webinar Series last month, we presented a webinar on enhancing security strategy for cloud-based technology. Here is a summary of the topic discussed. For the full discussion, including questions from the live audience, click on this link to listen to the archived version of the webinar. State of the Industry Digital innovation is a double-edged sword: while it…
  • Blog
    November 27, 2018
    Until fairly recently, companies rarely took public positions on anything but their products or services. That’s changing, particularly in the technology industry, as customers, shareholders and employees demand corporate social responsibility (CSR). Companies that want to build strong brands need to address CSR issues or face the prospect of losing investors, employees, and even the ability to…
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