Supply chain partnerships link businesses together as one and can play a pivotal role in a company's success. How well a company performs often lies in the strength of its connections. There is an increased market focus on supply chain partnerships. These wide-ranging relationships encompass everything from sourcing materials to delivering final products. The Renewed Focus on Supply Chains Several factors have driven businesses to ...
Case study at-a-glance Prime Therapeutics provides pharmacy benefit management services for health plans, employers and government programs. It is collectively owned by 19 Blue Cross and Blue Shield plans, subsidiaries, or affiliates of those plans. It manages the entire administrative lifecycle of pharmacy benefits, from when a member is given a prescription to when a pharmacy fills it. Ryan Sloneker is the Compliance Systems & ...
Company policies are more than just guidelines. They form the very fabric that binds an organization together. They delineate expectations, outline procedures, and ensure every stakeholder is on the same page. However, despite company policies’ pivotal role in the smooth running of a business, oftentimes, these policies remain static, trapped in a time warp of sorts, untouched and unreviewed for extended periods. For example, if ...
Audit, risk, and compliance. Frequently seen as the three pillars of governance, they create a resilient framework to safeguard companies. Let’s dig deeper: Auditing involves the evaluation of financial records, controls, and processes to verify accurate and compliant financial statements and deliver transparency to stakeholders. It offers investors and regulators a comprehensive perspective on an organization's financial well-being. Risk management involves recognizing, assessing, and mitigating potential threats ...
Navigating the maze of rules and regulations is a challenge many businesses face. Technology has presented a solution that is both efficient and effective. In this whitepaper, BethAnne Van de Voort, Director of Product Management at SAI360, provides insights into how technology can simplify the complexities of compliance. This whitepaper, which explores how technology is reshaping the way businesses approach and manage regulatory compliance, covers: ...
Thank you for your interest in 5 Ways to Enhance Regulatory Compliance through Technology-Driven Solutions Download Navigating the maze of rules and regulations is a challenge many businesses face. Technology has presented a solution that is both efficient and effective. In this whitepaper, BethAnne Van de Voort, Director of Product Management at SAI360, provides insights into how technology can simplify the complexities of ...
Expanding risk landscape requires innovative solutions SAI360, a leading provider of governance, risk, compliance (GRC) technology and learning solutions, announced today its 2023 October product Launch. AI-enabled technology and learning in the flow of work capabilities top the list of innovative solutions introduced by SAI360 to address a rapidly changing risk landscape. “Across industries and geographies, companies are encountering increased operational risk, regulatory risk, people risk, ...
Independent analyst firm names SAI360 as highest scoring risk management brand and reinforces the relevance of SAI360’s global reach SAI360 announced that Verdantix has named it a leading vendor in its inaugural ‘Global Corporate Survey 2023: Risk Software Brands Recognition’ survey. Verdantix surveyed 200 risk executives across 11 countries and 14 industries to uncover the software firms that held the highest esteem in terms ...
A Gartner® research report, courtesy of SAI360 Gartner states, "This Hype Cycle for Risk Management describes the related concepts, methods, processes and technology solutions that organizations can use to develop programs to withstand risk events or seek risk-related opportunities." At SAI360, we help more than a million users in 26 countries make sense of the variety and pace of risks today's organizations face. We understand the ...
It was a dark and stormy night. A Canadian electricity transmission company lost $24 million by bidding on unnecessary transmission routes. The reason? A simple spreadsheet error as a result of a copy-and-paste Excel mishap. Want another scary tale? You can still hear the screams from a large U.S. manufacturer who realized a spreadsheet typo led to a $11 million severance overpayment. The Frightening Reality ...
