RISKONNECT BLOG
Welcome to Riskonnect, the place where risk and compliance professionals can find expert advice, practical tips, and useful information to do their jobs easier, faster, and more effectively.
FINANCIAL SERVICES FIRMS: 10 QUESTIONS TO ASK ERM SOFTWARE VENDORS
Enterprise risk management programs are becoming increasingly critical for financial services firms under pressure from regulators to upgrade the way risk is managed. And technology is key. Today’s ERM software can break down [...]
Vendor Risk Management Software: 5 Tips Before You Buy
In today’s digital and interconnected world, vendors and partners are more important than ever – and the vendor risk management software used to manage those relationships is critical. The consequences of not being [...]
Three Ways to Manage Third-Party Risk While Ramping Production
By Jim Wetekamp, CEO Riskonnect Manufacturers that shut down production last spring are struggling to ramp up as demand accelerates. The challenges are deep and pervasive. Suppliers are strapped for cash. There’s a [...]
Risk Management for Tomorrow: What Must Break to be Rebuilt into Something Better
By Jim Wetekamp, CEO, Riskonnect. Reprinted as published by Forbes. The past year has been full of unexpected risks, unwanted surprises, and unimaginable consequences. Organizations everywhere were caught flat-footed by a risk they [...]
The Risks of Burnout for Patients and How Tech Can Help
By Jim Wetekamp, CEO, Riskonnect Healthcare professionals around the world are experiencing higher levels of burnout than ever before due to the COVID-19 pandemic. Here Jim Wetekamp, CEO of enterprise risk management provider Riskonnect, [...]
Set It and Forget It: When Claims Auto-Adjudication Makes Sense
A classic candidate for claims auto-adjudication: A truck driver gets into an accident, resulting in a significant crack to the windshield. A claim is filed, and the driver waits to hear back. A [...]
Data Quality Is Everything: 12 Questions to Ask RMIS Vendors
By Jay Walkington, sr. director, data services at Riskonnect Your company has embarked on choosing a new RMIS solution. Researching vendors in the market to choose a comprehensive solution that meets your needs [...]
Banking Compliance: Top 5 Challenges
Banking compliance professionals continue to confront myriad regulatory requirements around the globe, as well as internally driven demands. And this frenzy of activity is not expected to slow down anytime soon. Here are five [...]
5 Work-From-Home Risks That Are Here to Stay
Businesses were exposed to new and expanded risks when employees abruptly began working from home last year. The most pressing risks – like IT security and remote accessibility – were quickly addressed. However, [...]
What is Risk Management in Healthcare – And Why Is It Important?
Risk management in healthcare is the process of identifying threats that could harm the organization, its patients, staff, or anyone else within the facility. What sets healthcare risk management apart from that function [...]
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