Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Sort by: Relevance Date Filter Search Sort by RelevanceDate Order AscDesc Blog March 26, 2021 Trends in Credit Reserves Reflect Economic Optimism Many financial institutions reacted quickly in March 2020 to bolster credit loss reserves and incorporate anticipated near-term and longer-term impacts of the COVID-19 pandemic on loss reserve estimates. This came on the heels of adopting one of the most significant accounting changes for financial institutions in decades, the Current Expected Credit Losses (CECL) accounting standard. The CECL… Blog November 1, 2018 Trends in Tech: What Emerging Technology Firms Must Keep an Eye On What’s driving leaders of emerging technology companies and the venture capitalists (VCs) who back them? Here’s a look at three trends that were hot topics for discussion at the recent TechCrunch Disrupt SF 2018 conference: Trend #1: The shortage of skilled tech talent is prompting a search for new markets. Highly skilled technology talent is hard to find in today’s tight hiring environment —… Blog November 2, 2018 Recognizing the People Element in Data Security Implementations Implementing information security technology and creating related policies is relatively easy. Getting the organization to better manage risks through the use of that technology and embrace those policies is quite a bit harder. In a recent survey by ESI ThoughtLab, co-sponsored by Protiviti, untrained staff was seen as the greatest cyber threat by businesses because it can provide a conduit for… Blog November 5, 2018 Highlighting Recent Cyber-Related Financial Losses, the SEC Urges Public Companies to Revisit Internal Accounting Controls Even the best-intended internal controls are only as effective as the degree to which they are designed and executed. According to a recent FBI report, failure to adhere to payment and reconciliation controls has cost companies more than $5 billion over the past five years. In addition, a recent cyber threat investigation by the U.S. Securities and Exchange Commission (SEC) found widespread… Blog November 6, 2018 Finance Trends: RPA Paves the Way for Process Improvement 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 Could Your RPA Implementation Team Be on Board Already? 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 Pecans in Peril: A Supply Chain Lesson From Hurricane Michael 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 Ready for RPA? Five Implementation Risks to Keep in Mind 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 Why Organizations Should Consider a Cybersecurity Program Office 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 Hamstrung by Technology: What Organizations Can Do Now to Address Technical Debt 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… Load More