Remove Adjustments Remove Business Continuity Remove Mitigation
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The Role of Digital Payouts In Mitigating The Insurance Industry’s Business Continuity Risks

PYMNTS

The insurance industry is all about risk mitigation, and not only when it comes to underwriting policies. Yet even the most advanced risk mitigation efforts can’t entirely avoid the threat of disruption. The P&C insurance business has faced some unique challenges as it responds to the shifting nature of claim filings.

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HIPAA Disaster Recovery Planning

VISTA InfoSec

Service Continuity : Ensures essential healthcare services remain operational. Financial Stability : Mitigates the financial impact of disasters, including costs from data breaches or loss of revenue. Regular testing and adjustments are essential due to changes in ePHI applications. It’s not as complicated as it sounds!

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J.P. Morgan: Treasurers Are Critical To Helping Firms Plan For Business Resiliency

PYMNTS

With the global pandemic tossing many organizations into a digitization crash-course, business continuity has remained top of mind for the C-suite. It will continue to be a focus, too, as businesses gradually reopen and as employees begin to return to the office. Mitigating Risk. Asking the Right Questions.

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6 Benefits of AI Insurance Claims Processing

Nanonets

#1: Increased Accuracy and Reduced Errors AI in insurance claims processing plays a pivotal role in enhancing accuracy and reducing errors by automating various tasks and mitigating the risks associated with manual processes. This includes addressing areas lacking expertise and implementing strategies to mitigate potential challenges. #6:

AI 102
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Tipalti CEO: Helping Finance Teams Make Today’s Decisions With Tomorrow In Mind

PYMNTS

Businesses continue to make tough decisions to cope with volatility fueled by the coronavirus pandemic. Supply chain challenges that have forced businesses to cancel vendor orders or extend payment terms are sometimes unavoidable. Adjustments to corporate roadmaps will be an inevitability for many firms, Tipalti included.

Finance 75
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Treasury Departments' Data Strategy For Future-Proofing The Enterprise

PYMNTS

As companies adjust their business models and prioritize risk mitigation, the corporate treasury offers a valuable, forward-looking view into financial futures.

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FIS: Prepare To Be Caught Off-Guard

PYMNTS

However, an organization can still prepare itself to mitigate the impact of the potential disaster by having dedicated teams and services in place to see it through the tough times. However, when talking with my own leadership team and addressing my organization as a whole, I like to adjust the saying to “preparation is 9/10 of the law.”

Laws 63