Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog July 15, 2019 No Stone Unturned: Key Considerations for Finalizing CECL Model Implementation and Validation With a December 31st deadline looming for SEC reporting financial institutions under the Financial Accounting Standards Board's (FASB) new Accounting Standard Update (ASU) on Current Expected Credit Loss (CECL), institutions are in various stages of finalizing their models and model documentation, performing model validation and testing, performing parallel runs and updating processes and… Blog July 16, 2019 Energy and Utilities Companies Can Build an On-Ramp to the AI Fast Lane With Intelligent Automation Like many organizations today, energy and utilities companies are trying to understand advanced artificial intelligence (AI) and identify practical use cases for the technology that will benefit the business and its customers. And like their counterparts in other industries, many of these firms are running short on time - not only to get out of the starting gate with AI but to move their AI… Blog July 17, 2019 How Artificial Intelligence Can Add Value to the Supply Chain Artificial intelligence (AI) and machine learning (ML) are revolutionizing business in what is being called “the Cognitive Age.” Protiviti recently teamed with ESI ThoughtLab to survey more than 450 organizations around the globe about ways this technology is currently being applied, and how that is likely to change over the next two years. One of the key finding of the survey was that the… Blog July 19, 2019 Accelerating RPA Maturity: 3 Ways Consumer Products and Retail Companies Can Step Up Their Game The number of organizations turning to robotic process automation (RPA) for process automation is growing fast. So, too, is the number of RPA leaders looking to expand their use of bots to almost every function in their organization. Despite these trends, and the fact that use cases and tools for building bots are plentiful — consumer products and services companies, including retailers, lag in… Blog July 25, 2019 SOX Compliance Survey: One Decade of Insights “The more things change, the more they stay the same.” Future corporate archeologists may very well reach that conclusion after excavating and poring over early 21st-century evidence of Sarbanes-Oxley (SOX) compliance activities. Given the law’s extensive requirements, there will be no shortage of documentation to unearth. As Protiviti developed its 10th annual Sarbanes-Oxley Compliance Survey… Blog July 29, 2019 New Staffing Strategies Can Help Finance Leaders Address Business Challenges Keeping up with new technologies and new compliance obligations are two of the greatest pressures finance leaders face, according to the results of a recent Robert Half Management Resources survey. This is driving private companies to change the way they get work done so they can more effectively address these and other pressures. This includes adopting new staffing strategies, scaling their… Blog July 30, 2019 Cyber Risks Drawing Increased Scrutiny in Public Company Transition As everyone who reads the news knows by now, cyberattacks can be expensive. In addition to the risk of direct loss of revenue and intellectual property, there are the potential costs of remediation, legal expenses, brand erosion and urgent cybersecurity improvements. Public companies face the additional risk of a drop in stock value, and the added responsibility of publicly disclosing not… Blog August 1, 2019 FASB Proposes Delaying New Lease Standards for Private Companies, But There’s No Time to Waste At the start of 2019, the implementation deadline for the Financial Accounting Standards Board’s (FASB) new lease accounting standard passed for most public companies. FASB has proposed postponing the effective date for privately held organizations to the beginning of 2021, but the pressure remains on those organizations that have been struggling to meet the deadline. Read more: FASB… Blog August 5, 2019 Compliance 2.0: Transforming SOX Practices With Technology Organizations have been getting better and more efficient at Sarbanes-Oxley (SOX) compliance practices for the past 17 years since SOX was implemented. Nonetheless, with control counts rising and external auditor expectations increasing, compliance hours are growing, too. The results of Protiviti’s 2019 Sarbanes-Oxley Compliance Survey suggest that while a reduction in hours is still possible,… Blog August 8, 2019 RPA or AI? To Achieve Most Automation Goals, You Need Both Discussions of robotic process automation (RPA) and artificial intelligence (AI) tend to follow separate tracks. This has been a function of the way these technologies have been marketed and sold. This is changing as companies realize that both RPA and AI are required to achieve any significant degree of end-to-end process automation. For example, even a company that is not ready to delegate… Load More
