Regulation & Compliance: Page 30
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xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Five Steps to Smarter IT Vendor Management
The IT industry is notoriously successful at fueling the hype associated with the Next Big Thing. As a result, CFOs are finding themselves increasingly hemmed in by appealing, emerging, and potentially disruptive technologies, such as cloud computing, digital wallets or 3D printing. New technolog...
By Rob Livingstone • April 9, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
How to Save on Legal Costs
CFOs managing tight budgets get some help for the bottom line by taking new approaches to fee arrangements for outside legal counsel.Law firms, like companies in many industries, have struggled financially since 2008. While law-firm costs (professional salaries, rent, staff, pension obligations) ...
By Stephen P. Dunn • March 29, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Finance Chiefs Tackling Tough Insurance Markets
If there ever was a question that the CFOs working for small-to-midsize companies were heavily involved in buying property-casualty insurance to cover their firm’s risk exposures, here’s an answer: 61% of such finance chiefs directly negotiate the purchasing of corporate insurance.Asked which sta...
By David Katz • March 27, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
It’s the Regulation
Top 10 concerns of board members and C-suite executives for 2013:1) Regulatory changes and heightened regulatory scrutiny may affect the manner in which our products or services will be produced or delivered.2) Economic conditions in markets we currently serve will significantly restrict growth o...
By CFO Editorial Staff • March 21, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Employers Fear Terror-Insurance Sunset
Corporate insurance buyers and insurance companies are pushing Congress to pass a bill introduced on Tuesday that would extend the Terrorism Risk Insurance Program Reauthorization Act of 2007, which is slated to sunset at the end of 2014.The current law provides a federal reinsurance backstop to ...
By Caroline McDonald • Feb. 7, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Supply Breaks Slash Share Values 7%
Supply-chain disruptions cut about 7% of a firm’s shareholder value, according to research by Accenture cited in a recent World Economic Forum (WEF) report on supply-chain resiliency.As a “result of information dissipation, communication and speculations,” shareholder value typically starts slipp...
By David Katz • Feb. 6, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
The Cloud Success Trap
Right now, some organizations are discovering that getting their various enterprise software-as-a-service (SaaS) systems to play together nicely is far from a simple task. In fact, managing the disparate technologies, risks, and contracts that are pulled behind a wagon train of cloud providers re...
By Rob Livingstone • Jan. 30, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
At the Corner of Finance and Risk Management
John Phelps, the 2013 president of the Risk and Insurance Management Society, has a message for CFOs: they need to see risk management as a valuable tool that can help move a company toward its objectives while helping with cost containment. He would also like them to understand that risk can be ...
By Caroline McDonald • Jan. 18, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
A World of Trouble
In “The Magic Mountain” by Thomas Mann, a young businessman visits his ailing cousin in a sanatorium in Davos, in the Swiss Alps. The businessman starts to feel unwell himself. The sanatorium’s chief doctor, who also owns the place, advises him to rest. He ends up staying for seven interminable y...
By Economist Staff • Jan. 17, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
How LG, Samsung Are Leading in Energy-Efficient Electronics
Companies behind this year’s new televisions, mobile phones, appliances and numerous electronics gadgets are all trying to point out each product’s unique features and innovative characteristics. They’re competing for air time, after all.But there is one sensibility they all share this year – a m...
By Heather Clancy • Jan. 17, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
The Cost of IT Convenience
Consumer-oriented collaboration and file-sharing tools that have gained popularity as the workforce becomes increasingly mobile are customarily cheap, even free, for employees to use. But they could be costing businesses plenty, a recent study suggests.Cloud-computing and mobile devices (smartpho...
By Taylor Provost • Jan. 9, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Why Not Drop Health Insurance and Pay the Penalty?
By now, most companies are aware of the so-called play-or-pay rules under health-care reform that will be in full effect on January 1, 2014. The options for companies are well known: they can “play,” or provide an acceptable level of health insurance at an affordable cost to all employees who wor...
By Benjamin S. Lupin • Jan. 3, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Protecting Information in the Cloud
The use of highly scaled, shared, and automated IT platforms—known as cloud computing—is growing rapidly. Adopters are driven by the prospects of increasing agility and gaining access to more computing resources for less money. Large institutions are building and managing private-cloud environmen...
By Chris Rezek and James Kaplan • Jan. 2, 2013 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
How SAP’s Sustainability Program Got Built
Less than three miles south of Stanford University, just below a slope crowned by Coast Live Oaks, sits the American office of the world’s largest business software company. From here, Chief Sustainability Officer Peter Graf directs the sustainability and corporate social responsibility efforts o...
By Liz Enochs • Dec. 26, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
It’s Their Phone but Your Risk
When the phrase bring your own device entered the corporate lexicon, the business world rushed to implement safeguards for employee-owned mobile gadgets and devise policies for their use. But according to PricewaterhouseCoopers’s 2013 Global State of Information Security survey, the rush has slow...
By Taylor Provost • Dec. 18, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Sandy Clogs the Fuel Line
Gas shortages in the wake of Hurricane Sandy have revealed weaknesses in the Northeast gas supply chain that will require fixes from the private sector and federal and state government, according to a petroleum analyst.Fuel problems that already existed, such as obsolete laws and a shortage of re...
By Caroline McDonald • Dec. 15, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Highway Robbery
Truck cargo theft is a perennial headache for Corporate America, thanks to the ease of stealing a truck and disposing of stolen goods, the omnipresence of gangs, and the relative indifference of law enforcement. Such theft amounts to $30 billion a year, according to a 2010 estimate by the Federal...
By Caroline McDonald • Dec. 15, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Looming Strike Spurs Supply-chain Angst
A labor strike that would begin December 30 could cripple East Coast and Gulf Coast ports, cost companies billions in lost revenue, and even impair the U.S. economic outlook for 2013, according to a new report.If the International Longshoremen’s Assn. (ILA) does strike — and observers are expec...
By Caroline McDonald • Dec. 11, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Do CFOs Need a Service Provider for Service Providers?
Starting your enterprise’s cloud journey is the easy part. Implementing a stand-alone cloud application is relatively painless, and almost immediately yields significant cost and productivity benefits. Given that ease, and those benefits, CFOs may be reluctant to stand in the way of further clo...
By Rob Livingstone • Dec. 11, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Company Cedes Twitter Account to Ex-Employee
Some observers were hoping that a lawsuit filed last year would help decide questions about who actually owns certain Twitter accounts. But with the case ending on Monday in a negotiated settlement rather than a legal decision, such hopes were dashed.The case involved Noah Kravitz and his former ...
By David McCann • Dec. 4, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Storm-Surge Damage Boosts Loss Estimate to $22 Billion
AIR Worldwide, a risk-modeling firm, said today that after analyzing superstorm Sandy’s characteristics and effects, it now estimates that insured losses from the storm will be between $16 billion and $22 billion. On October 30, the catastrophe-modeling firm projected insured losses of between $7...
By Caroline McDonald • Nov. 26, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Rate Expectations
Companies that have grown accustomed to coasting through their insurance renewals in a flat market are now bracing for higher premiums on some types of coverage. A long string of natural catastrophes, costing insurers more than $100 billion in 2011 and hammering their investment returns, has made...
By Caroline McDonald • Nov. 15, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Insurers Equipped to Pay $10 Billion in Hurricane Sandy Losses
Preliminary estimates of losses from Hurricane Sandy are up to $10 billion, likely making it a much more damaging event than Hurricane Irene, which had early estimated losses of $5 billion. But because the property-casualty insurance industry has enjoyed a good year financially up until now, it’s...
By Caroline McDonald • Oct. 30, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Their Business, Your Risk
Security, privacy, location of data, total cost of ownership, lack of standards, and vendor lock-in are just a few of the well-understood risks of cloud computing. A less understood, but no less important, risk is your cloud provider’s business model. By understanding your provider’s underlying b...
By Rob Livingstone • Oct. 17, 2012 -
xdfolio. "Policies Standards Compliance" [Illustration]. Retrieved from Pixabay.
Wal-Mart Saves Money, But Will It Live Better?
Wal-Mart has long had what is virtually beyond question the largest retail supply chain, as measured by number of suppliers, global reach, volume of material, and overall spend on supplier goods. That was most recently documented in a 2011 study by Kantar Research. Wal-Mart also has been touted ...
By Shawn Casemore • Oct. 15, 2012
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