Risk & Compliance

Setting and Meeting Risk Management Goals

Risk Management Goals
September 17, 2016
Setting and Meeting Risk Management Goals

RiskManagementStrategiesDiverse factors such as climate change, ransomware, data breaches and an evolving global business environment all highlight the need for CFOs to focus on risk. Here are five articles on risk management strategies and their impact on the finance team.

Risk Accounting and Economic Profit

If CFOs were to be asked what keeps them awake at night, their answer is likely to be “unexpected losses.” There can be no worse experience for a CFO than to have to explain to the CEO, the board, the media and, in extreme cases, in congressional or similar governmental hearings, why he or she only first became aware of the accumulation of excessive exposures to risk after those exposures had turned into losses. Read more.

Drive Business Strategy and Growth

Drive Business Strategy and Growth

Learn how NetSuite Financial Management allows you to quickly and easily model what-if scenarios and generate reports.

Don’t Let the Climate Change Your Business

CFOs are not meteorologists. Why should they care about climate change? When a disaster strikes, it doesn’t matter if it’s climate-related or not. The bottom line is at risk. Read more.

Making Cybersecurity a Risk Function Poses Challenges

Thanks to the constant stream of mega-breaches, cybersecurity has moved from the server room to the boardroom. While it’s become evident that cyber defense requires board-level input and attention, translating deeply technical cybersecurity and risk factors into business terms has been an ongoing struggle. Read more.

How to Mitigate the Threat of Ransomware 

The slow but steady rollout of mobile point-of-sale systems in retail stores, the growth of mobile wallets, and the ongoing need for stronger data security are among the major trends today in mobile payments. Read more.

Making the Connection 

Efforts to make point-of-sale transactions more secure in general are contributing to the adoption of mobile POS technology. U.S. retailers are slowly but surely migrating to new systems to align with chip-and-PIN requirements for card transactions. Read more.

Understanding Which ERP Modules Your Business Needs – And When