Vendor compliance has moved well beyond checked boxes and printed contracts in filing cabinets. In today’s interconnected and complex landscape, organizations need to manage vendor relationships with an eye toward reducing unneeded spending and [...]
By Andrea Brody, Chief Marketing Officer, Riskonnect Chokepoints in industry parlance are critical points or bottlenecks that constrain the flow of goods, services, or information. These bottlenecks pose significant risks – and costs – to [...]
By Jim Wetekamp, CEO of Riskonnect | Published by Spend Matters, January 10, 2024 | Risk Management Will Evolve with Emerging Risks Businesses are bracing for another challenging year ahead as an influx of [...]
Why do some businesses crumble under the weight of unexpected challenges while others emerge stronger? The answer often lies in fragility. A fragile risk process makes your business susceptible to severe consequences — including financial [...]
Risk management programs are not made of set-it-and-forget-it processes that you can establish once. They can grow stale over time and fail to reinforce your organization’s agility and decision-making. Your practices need to be [...]
The business insurance renewal process can feel like a never-ending stream of data collection. An enormous amount of information must be collected from numerous sources. It can take dozens of phone calls, emails, and spreadsheets [...]
Three out of four companies (73%) are updating their business continuity plans to prepare for a crisis. However, just 5%, feel prepared to assess, manage, and recover from a future unknown and unpredictable risk event. [...]
DOWNLOAD THE CASE STUDY When Israel was attacked in early October, Purdue University tapped into Riskonnect to see exactly how many Boilermakers were in the area, check on their safety, and offer travel assistance. Purdue [...]
