Security and Risk Management in Payment Transactions
Alongside smaller companies, there are still many medium and largesized companies that have not yet implemented real-time monitoring of their payment processes. The result? These organizations then fail to discover missing cash until the end of the month. This is often the case despite tried-and-tested digital payment platforms that standardize and automate cash flows being readily available in the market. With such tools, corporations are provided with the necessary controlling and an uninterrupted overview of these cash flows.
For this reason, a central record of all existing accounts and payment governance are indispensable for any company. Moreover, central payment solutions not only provide protection against fraud, but also reduce costs to process payment flows. They also trigger an alarm if unusual transactions occur, making hidden bank accounts and a black economy a thing of the past.
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TIS Sanction Screening - One Tool, Greater Security
Government-imposed embargoes and sanctions on who you can trade with and how, are changing almost daily which poses a great risk to your business. How do you keep up-to-date with which payments and cash transfers are allowed?
While you may have successfully worked with many of your suppliers for a number of years — and know them well — do you have the same visibility over those working with your subsidiaries? What measures are in place to deal with invoices that cannot be paid? The penalties if you get it wrong are huge, in lost reputation a ...
Transparency, centralisation and management of international transactions
Today we see many CFOs are making progress towards creating a technology-enabled finance function, but much work lies ahead. Too many companies still rely on outdated data for key decision-making and experience challenges of consolidating numerous disparate systems. For the successful delivery of insightful analytics, the capacity in the finance function must be released by the introduction of far more automated and efficient payment processes. Underpinning all of this will be digital technologies, mobile e-enabled finance tools, leading-edge d ...
Forrester: The Future Of A Secure Multicloud Strategy Will Be Powered By Modern Applications
As companies continue to evolve in the face of global change, so too must their cloud strategies. Cloud usage is at scale, especially for large enterprises where most use multi-cloud in some form. But even if a multi-cloud strategy seems like the inevitable, a well-formed and successful multi-cloud strategy is not a given. Being “cloud-smart” means that enterprises can scale their cloud environments as their usage increases and an organization grows in size while maintaining centralized visibility, a proper governance framework, and keeping clo ...
The Business Value of Running Applications on VMware Cloud on AWS in Hybrid Cloud Environments
IDC spoke with organizations to understand the IT and business impact of running applications on VMware Cloud on AWS compared to running those on other public cloud solutions. Some of the Key findings include:
57% lower cost of migration
46% faster migration
83% less unplanned downtime
351% 3-year ROI
In addition, study participants have recorded improvements in terms of infrastructure availability, performance, and staff time requirements by running workloads on VMware Cloud on AWS.
Download the full report to discover how current ...
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