Imagine a scenario where a company decides that it needs a proprietary app to better engage with customers. It hires an outside developer to create the app but the developer fails to deliver on time or as specified. The...
Archive - September 2020
Michael AllensonThe FinCEN Files: What Can We Learn?
“Never let a good crisis go to waste.” This quote by Winston Churchill has been used often as we all have struggled to deal with the effects of COVID-19. While the leak of the FinCEN Files pales in significance to COVID...
Carol BeaumierThe FinCEN Files: Where Is the News?
There has been widespread media coverage of the release by the International Consortium of Investigative Journalists (ICIJ) of the so-called FinCEN Files earlier this month. In the world of anti-money laundering (AML)...
Provider Relief Fund — Post-Payment Reporting Requirements
On September 19, 2020, the U.S. Department of Health and Human Services (HHS) released a notice related to post-payment reporting requirements for Provider Relief Fund (PRF) recipients who received payments of $10,000...
Richard Williams
Darrell SandeenHigh Stakes: Evolving Trade Rules Require Solid Third-Party Risk Management
Of all the difficulties that the coronavirus pandemic has imposed on U.S. organizations, replacing offshore suppliers and vendors that have temporarily or permanently closed their doors ranks high on the list. Finding...
Christopher Monk
Tony AbelCounting on Cycle Counts? A Re-Think May Be in Order
As anyone involved with inventory knows, cycle counts are a great way to stay on top of inventory throughout the year without the disruption and extensive cost of the annual physical count. By simply counting different...
Mark Boheim
Andy FlachHard Times Bring Out the Best in People – Well, Not Always
Thankfully, the stories we have all heard about the selfless acts of so many people, from front-line workers to caring neighbors, during the pandemic greatly outweigh the reports about people who have sought to profit...
Beyond Supply Chain Stopgaps: How Strategic Sourcing Can Drive Resilience in Today’s Market
Across the global economy, supply chains have been hammered by the pandemic, forcing businesses to restructure their procurement operations in order to build in resilience. Such restructuring often comprises a broad...
John F. WeberThe Critical Importance of Employee Wellbeing in the Time of COVID-19
In the best times, leaders know that people – or human capital – are the heart of a successful organization. In challenging times, this concept is even more magnified; it’s the key to survival. The global Coronavirus...
Kathie Topel
Kimberly Lanier