Innovation Archives

Understanding and Implementing Third-Party Vendor Risk Management

May 23, 2024May 23, 2024 by Thomas Canova

Effective Vendor Risk Management (VRM) is crucial for mitigating risks and protecting your business’s reputation. This involves identifying potential third-party vendors, conducting thorough assessments, and continuously monitoring their performance. What is Vendor Risk Management? Vendor risk management is an ongoing process of due diligence carried out before and after engaging with third-party suppliers. It aims … Read more

AI Can Support Third-Party Vendors and Supplier Risk Management Challenges

March 4, 2024February 29, 2024 by Thomas Canova

Although Artificial Intelligence (AI) has been around for quite a while, the adoption and evolution of AI-related technologies has dramatically improved over the past year. AI can provide organizations with an easier way to manage third-party vendors and supplier risks and ensure compliance in this complex regulatory environment. Third Party Vendors: Opportunities and Challenges Organizations … Read more

Generative AI Will Become a Powerful Tool to Support Data Analysts

December 1, 2023 by Thomas Canova

Data analysis may seem like a technical role on a surface level, but the reality of the job is nuanced and vital to most business and technical operations. The analysis process involves more than crunching numbers; it requires an understanding of the human elements behind the data. Whether it’s analyzing customer behavior or detecting fraudulent … Read more

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