Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog June 19, 2019 Paving the Way for Sustainable RPA Robotic process automation (RPA) is widely touted as an easy and affordable way to improve productivity without creating a lot of work for the IT department. Companies across industries have successfully tested using bots to automate everything from payroll processing to customer and employee onboarding. Pilots have shown that bots, which can work 24/7 without a break, are capable of… Blog June 21, 2019 “P” Is for “People”– Changing the Conversation on RPA to Include More Than Automation Robotic process automation (RPA) is one of the fastest-growing technologies in the workplace today. Introduced as a fast and efficient virtual workforce capable of laboring around the clock with little configuration or training, bots were initially cost-justified through headcount reduction. However, the reality is much different than that initial sales pitch. For one thing, while bots do… Blog June 26, 2019 In SOX Compliance, Use of Data and Automation Can Help With Rising Hours and Control Counts Seventeen years after the Sarbanes-Oxley Act of 2002, SOX compliance continues to challenge many firms. Though SOX compliance expenses have edged downward during the past year, the costs remain significant for many organizations, especially with respect to the value delivered beyond financial reporting processes. These findings are according to Protiviti’s tenth annual Sarbanes-Oxley (SOX)… Blog July 1, 2019 Emerging Companies and Innovation for the Back Office In the throes of rapid growth, it isn’t always easy to see how the wrong choice of a labor model can put a young business at risk. Startups sometimes take an old-school approach to building the back-office team themselves, resulting in an inflexible and sometimes inadequately skilled staff that could limit the new business’ growth. On the other end of the spectrum, it may be tempting for the… Blog July 3, 2019 Programs, Policies, Principles and People Can Move “Ethical AI” From a Nebulous Concept to a Meaningful Practice Competitive pressures and the inherent desire to disrupt markets through innovation have technology companies moving fast to invest in advanced artificial intelligence (AI). As they do, many of these businesses — industry giants and startups alike — are racing to embrace “ethical AI.” They are acknowledging a need to demonstrate to their stakeholders and the general public that they view… Blog July 8, 2019 Financial Action Task Force Set to Rate Hong Kong “Compliant” in Anti-Money Laundering Evaluation According to a press release by the Hong Kong government, Hong Kong is set to receive an overall rating of “Compliant” in what will be its Fourth Financial Action Task Force (FATF) Mutual Evaluation. The Mutual Evaluation Report (MER) is scheduled to be released in September 2019. The expected rating represents a significant improvement over the Partially Compliant rating assigned to Hong Kong on… Blog July 12, 2019 Experiment. Learn. Repeat. What a World Tour of Internal Audit Reveals About Next-Gen Transformation. A critical mass of factors has led internal audit functions to a watershed moment: They must disrupt or be disrupted. At Protiviti, we refer to the innovation and transformation internal audit functions must pursue as next-generation internal audit. These efforts — already underway in a growing number of companies — vary. But they share an agile, holistic approach centering on new directions for… Blog July 15, 2019 No Stone Unturned: Key Considerations for Finalizing CECL Model Implementation and Validation With a December 31st deadline looming for SEC reporting financial institutions under the Financial Accounting Standards Board's (FASB) new Accounting Standard Update (ASU) on Current Expected Credit Loss (CECL), institutions are in various stages of finalizing their models and model documentation, performing model validation and testing, performing parallel runs and updating processes and… Blog July 16, 2019 Energy and Utilities Companies Can Build an On-Ramp to the AI Fast Lane With Intelligent Automation Like many organizations today, energy and utilities companies are trying to understand advanced artificial intelligence (AI) and identify practical use cases for the technology that will benefit the business and its customers. And like their counterparts in other industries, many of these firms are running short on time - not only to get out of the starting gate with AI but to move their AI… Blog July 17, 2019 How Artificial Intelligence Can Add Value to the Supply Chain Artificial intelligence (AI) and machine learning (ML) are revolutionizing business in what is being called “the Cognitive Age.” Protiviti recently teamed with ESI ThoughtLab to survey more than 450 organizations around the globe about ways this technology is currently being applied, and how that is likely to change over the next two years. One of the key finding of the survey was that the… Load More
