Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog February 16, 2021 Nearly a Year Into the Pandemic, Relief Fraud and Misuse of Government Funds Continue Unabated Thus far, the federal government has spent over $3 trillion to address the COVID-19 pandemic crisis, with additional monies expected to be provided by Congress in the next month or two. The sheer number of government assistance programs and volume of funding combined with the need to distribute quickly have presented significant challenges and increased the risk of fraud and misuse of the funds… Blog February 18, 2021 FERC Order 2222 Levels the Playing Field for Distributed Energy Resources The Federal Energy Regulatory Commission (FERC) final rule Order 2222, issued in September 2020, opens the country’s wholesale energy markets to distributed energy resources (DERs) like rooftop solar, behind-the-meter batteries and electric vehicles. This new order lifts many of the restrictions and barriers to entry to the wholesale market for DERs, including allowing them to aggregate. Before… Blog June 26, 2020 Persevering and Prospering in the Time of COVID-19: Keep Accounts Receivable Turning One of the many reasons businesses are suffering during the COVID-19 pandemic is that their customers are challenged in managing their cashflow, resulting in reducing or delaying payments. In addition, the accounts receivable function is not an easy one to operate remotely; billing operations and collections/cash application teams may be slower than usual as employees work from home. For some… Blog June 30, 2020 Getting to Resilient: Reimagining Crisis Management and Business Continuity Planning in a New Reality COVID-19 has exposed glaring deficiencies in business continuity and crisis management plans at organizations across all industries. And while executives and management today are focusing the lion’s share of their efforts on responding to the day-to-day upheaval caused by the virus, they should be preparing now for the possibility of a second wave that further disrupts business. In a recent… Blog July 1, 2020 Beyond Business Continuity Management: Building Resilience for Extreme but Plausible Events in a Post-COVID-19 World The concept of an extreme but plausible event is a moving and expanding target. Over time, our thinking on what can be deemed implausible or improbable will continue to evolve. The magnitude of impact from real events will reshape our view of what today is considered extreme. It is true that organizations and their business continuity management (BCM) teams often contemplate scenarios that are… Blog July 1, 2020 New Territory: Private Equity Firms Eye the 401K Market With good reason, private equity (PE) firms are abuzz about the recent Information Letter from the U.S. Department of Labor (DOL), which permits PE firms to market PE funds as components of target date, target risk, or balanced funds. On June 3, the DOL issued an Information Letter under the Employee Retirement Income Security Act (ERISA). The letter concerns PE investments as components… Blog July 2, 2020 Effective Third-Party Risk Management During COVID-19 and Beyond Organizations that rely on third parties to perform key services or deliver critical goods have had those relationships tested in 2020 as the COVID-19 pandemic caused critical vendors to become temporarily unavailable, change how they provide services, or forced them to go out of business altogether. Exports from China and other countries have been heavily impacted as factories were taken… Blog July 6, 2020 COVID-19 Impacts on Accounting, Reporting and Internal Controls Recent guidance from the Division of Corporate Finance at the Securities and Exchange Commission (SEC), issued on June 23, 2020, reminds listed companies about their disclosure obligations in light of changes and challenges brought by COVID-19. This latest guidance builds on an earlier advisory, issued March 25, and provides the Commission’s additional views regarding operations, liquidity and… Blog July 7, 2020 Automating Revenue — Healthcare Revenue Cycle Quick Wins Amid COVID-19 If you were to walk into the administrative office of a typical healthcare provider’s revenue cycle department and observe core functions, chances are you would observe similarities between 2020 and 2005: a system inundated with static processes that rely heavily on manual intervention. Processes such as financial clearance, claim status checks, denial resolution and late charge entry all look… Blog July 13, 2020 Fintechs and Regulatory Compliance — A Happily Ever After? Ask typical fintech employees what they find energizing in their field of work, and don’t be surprised by the answers: developing cool stuff, working on the go-live, or growing the business by identifying the ideal partners in the market. Ask the same fintech employee whether their heart beats faster when working on regulatory compliance-related projects, and you can expect a less enthusiastic… Load More
