KnowledgeLeader Blog

How to Manage Your Lender Relationships

Posted by Protiviti KnowledgeLeader on Thu, Sep 20, 2018 @ 01:44 PM

Is The Treasury Function Ensuring Superior Financial Services for Your Company?

The treasury function at a company bears responsibility for managing financial transactions, safeguarding deposits, earning a return on reserves and obtaining credit. At a minimum, the staff of the treasury function selects and supervises providers of financial services, such as bankers and lenders, who will produce superior results at a fair price. In companies that apply leading practices, the treasury function staff develops relationships with bankers and lenders who provide more than simple banker-to-customer services: the relationships progress into collaborative business partnerships where the bankers help the company manage financial risk and develop the resources worldwide to meet its strategic financial objectives.

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Topics: accounting/finance, cash and treasury, performance management/measurement, credits and collections

Top 5 Blog Posts of 2018

Posted by Protiviti KnowledgeLeader on Thu, Sep 13, 2018 @ 01:22 PM

This week, we are highlighting the Top 5 Blog Posts on KnowledgeLeader so far in 2018! Take a look at the "best of the best" of our blog posts that could help you simplify your audit projects.

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Topics: KnowledgeLeader tools, KL top five

Measure Cost-of-Quality to Track Conformance and Non-Conformance Costs and Support Resource Allocation to Improve Product Quality

Posted by Protiviti KnowledgeLeader on Thu, Sep 06, 2018 @ 12:06 PM

Total quality management requires commitment and persistence. Quality will always have a cost, but many companies are demonstrating that investments in quality always provide returns. Cost-of-quality reporting essentially views costs of quality as "good" costs and "poor" costs. The "good" costs are those incurred by the company in delivering customer satisfaction. The "poor" costs arise from:

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Topics: supply chain, vendor management, performance management/measurement, KL Tools, inventory and materials management

The Process of Businesses Managing Productive Governmental Relations

Posted by Protiviti KnowledgeLeader on Thu, Aug 30, 2018 @ 01:07 PM

Business and government have long maintained an adversarial relationship. The business community objects to any government interference in commerce, and government believes it has a duty to protect the public interest with laws and regulations that promote fair competition and force the business community to be a good citizen. In recent years, government efforts to protect the public have drastically increased the cost of doing business. As a result, many companies are rethinking their government relations strategies and identifying ways to improve their relationships with government and the general public.

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Topics: laws & regulations, corporate governance, compliance, audit committee & board, performance management/measurement, KL Tools, government, nonprofit industry

Best Practices for Developing Strong Public Relations

Posted by Protiviti KnowledgeLeader on Thu, Aug 23, 2018 @ 11:30 AM

Are you using strong strategic communication processes that build great relationships between your organization and the public?

Public relations has gained importance and visibility in the recent years as our marketplaces become more competitive and the exponential growth in proliferation of media. The importance of a well-crafted public relations campaign has never been greater. This includes not just generating coverage and visibility, but also fostering meaningful relationship with customers, clients, business partners, employees and the public.

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Topics: human resources, social media risk, disaster recovery, business continuity management, performance management/measurement

Top 5 Pages from July 2018

Posted by Protiviti KnowledgeLeader on Thu, Aug 16, 2018 @ 09:22 AM

This week, we are highlighting the Top 5 Pages on KnowledgeLeader from July! Take a look at the "best of the best" of our tools that could help you simplify your audit projects.

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Topics: KnowledgeLeader tools, KL top five

How to Monitor and Manage Legal and Ethical Issues

Posted by Protiviti KnowledgeLeader on Tue, Aug 07, 2018 @ 01:05 PM

Globalization, increased transparency of business activity, pervasive media coverage, and the growing complexity of business and business relationships have increased the ethics and compliance risks for organizations. There is greater likelihood of wrongdoing being exposed by the media, watchdog groups or government agencies or through a firm's internal systems. Illegal or unethical acts can be done intentionally by people of bad character or unintentionally by people who made decisions without full knowledge of what they were doing. The damage to a firm's reputation and the huge costs associated with fines and litigation can destroy a company. Therefore, managing for legal and ethical excellence has emerged as a critical as well as morally imperative function for all organizations.

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Topics: laws & regulations, ethics, performance management/measurement

What is Sourcing Risk?

Posted by Protiviti KnowledgeLeader on Thu, Jul 26, 2018 @ 09:33 AM

Outsourcing has become a keystone of major business operations to the point that it’s almost a given that large companies will move certain expensive business processes and labor-intensive activities to a third-party. Is this always the best option?

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Topics: internal audit, supply chain, purchasing & accounts payable, vendor management, performance management/measurement, outsourcing/co-sourcing/shared services, sas 70

KnowledgeLeader's Top 10 Audit Tools: Q2 2018

Posted by Protiviti KnowledgeLeader on Thu, Jul 19, 2018 @ 12:17 PM

In our last blog post, we took a look at the most popular publications from Q2 2018. This week, we take a look at our most popular AUDIT TOOLS. This quarter's Top 10 list has variety--we see some classics, some surprises, and a lot of content that should be useful for completing your audit projects throughout 2018 and beyond. Check out the full list and enjoy!

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Topics: KnowledgeLeader tools, KL Top Ten

Top 25 Publications from Q2 2018

Posted by Protiviti KnowledgeLeader on Thu, Jul 05, 2018 @ 01:01 PM

Each quarter, we like to take a look at the most popular publications so that we can get a sense of what our readers enjoy most. Check out our top 25 publications of Q2 2018 to make sure you haven't missed any of our most popular content!

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Topics: KnowledgeLeader tools

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