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  • Blog
    January 3, 2023
    Threat actors are an ever-evolving species. Portrayed in popular advertising as guys dressed in black, probably sporting a ski mask, the harsh reality is that these bad actors are everywhere and are getting more creative by the day. Just when an organization’s security systems have been upgraded to avoid the latest threats, new challenges appear on the horizon. Staying steps ahead of these…
  • Blog
    January 4, 2023
    The first formal mention of environmental, social and governance (ESG) principles appeared some 18 years ago in the United Nations Global Compact initiative, which garnered support from financial institutions across the world. During the next decade-and-a-half, and without much notice, ESG slowly gained steam. But outcries to address climate change in recent years, as well as social and gender…
  • Blog
    January 10, 2023
    Business leaders may have heard of quantum computing, but many are not yet aware of its incipient threat to cryptography and cryptocurrency. When these machines reach a sufficient level of performance, they will be able to easily factor prime numbers, which poses a threat to RSA. Only a few realize that the time to prepare for the conundrum of post-quantum risk is now. In quantum computing, the…
  • Blog
    January 11, 2023
    In Protiviti’s recent post, Easy As CPQ: Launching A Successful Sales Cycle, we outlined the Configure, Price Quote phase of the Q2C process. The next critical step in a company’s quote-to-cash (Q2C) process, and one that helps solidify accurate revenue collection, reporting and a good customer experience, is contract creation and execution. During this phase, any prior negotiations are…
  • Blog
    September 15, 2021
    Often, companies are so focused on getting to an optimal and secured environment across their SAP business applications and information systems landscape, they overlook the importance of connecting the dots to a broader identity access strategy, establishing the appropriate governance policies and ongoing processes to meet business, legal, security, risk, compliance and other organizational needs…
  • Blog
    November 16, 2022
    Organizations are continuously working to improve their internal controls environments, increase efficiencies and reduce the cost of compliance activities. Internal controls, compliance and audit professionals are also looking to align organizations’ processes to important risk and industry trends. The Public Company Accounting Oversight Board (PCAOB) releases auditing standards that establish…
  • Blog
    December 14, 2022
    This year, our leading experts came together to address some of the most game-changing topics in the SAP space. Here are Protiviti’s most popular SAP insights from 2022 as you look ahead to the new year. By and large, these topics will remain important for your success in 2023. Read our top five most-read pieces below. #1. Case Study: Selecting a Conversion Type for SAP BW/4HANA Migration By…
  • Blog
    January 4, 2023
    I love to learn new words. Whether or not CFOs are familiar with this term, they undoubtedly know its connotation and are dealing with its effects every day. Permacrisis — named by the UK-based Collins English Dictionary as the 2022 word of the year — is defined as “an extended period of instability and insecurity, especially one resulting from a series of catastrophic events.” In essence, it’s a…
  • Blog
    January 11, 2023
    As senior leadership teams evaluate their diversity, equity, inclusion and belonging (DEIB) strategies and objectives for 2023, they might consider the Second Law of Thermodynamics. This fundamental physics principle states that the entropy of an isolated system increases over time. This concept also applies to DEIB programs that fail to become institutionalized despite being launched with great…
  • Blog
    January 12, 2023
    Findings from our latest Global Finance Trends survey reveal that environmental, social and governance (ESG) strategy and reporting are taking center stage as a top priority of CFOs today. Case in point: In 75% of organizations, the finance team has taken on ESG risks and issues as part of its role. With their unique blend of financial management fundamentals, risk intelligence and access to…
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