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...
Archive - July 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...
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...
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...
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...
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...
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)...
Experiment. Learn. Repeat. What a World Tour of Internal Audit Reveals About Next-Gen Transformation.
A critical mass of factors has led internal audit functions to a watershed moment: They must disrupt or be disrupted. At Protiviti, we refer to the innovation and transformation internal audit functions must pursue as...
Financial Action Task Force Set to Rate Hong Kong “Compliant” in Anti-Money Laundering Evaluation
According to a press release by the Hong Kong government, Hong Kong is set to receive an overall rating of “Compliant” in what will be its Fourth Financial Action Task Force (FATF) Mutual Evaluation. The Mutual...
Programs, Policies, Principles and People Can Move “Ethical AI” From a Nebulous Concept to a Meaningful Practice
Competitive pressures and the inherent desire to disrupt markets through innovation have technology companies moving fast to invest in advanced artificial intelligence (AI). As they do, many of these businesses —...