Most companies know that they must have a comprehensive risk approach, and strategy. But, where should they start?
Financial risk is a well-known threat that CFOs factor into their decision making and trying to mitigate that risk through a manual approach of emails, spreadsheets and binders is an ineffective defense.
In today’s business world, there continues to be a steady uptick in instances of financial risk that can impact both companies and their customers. To combat the most visible risk of fraud, regulators have implemented more stringent rules and companies must be prepared to meet growing compliance demands.
Download this eBook to learn the four major steps you should take to implement a solid risk management strategy with financial process automation to ensure your company is prepared for adherence to the ever-growing compliance demands:
- Assess your Automation Needs
- Build your Risk Strategy
- Achieve Standardization and Visibility
- Prepare to be Audited