MBA GSBA / SUNY former SOX Process Manager, Lead Auditor QMS certification, CIA, CISA
Value at Risk (VaR) is a measure used to estimate the potential loss a bank or financial institution may face within a specific time period, typically under normal market conditions and a given confidence level. Reducing VaR requires implementing risk management practices aimed at mitigating potential losses. Here are several
eBill is a service from SIX and the infrastructure is operated by SIX on behalf of the Swiss banks. At the time being, there are about 4'000 merchant billers and over 2.7 million registered users or eBill customers. There are several benefits of the digital eBill invoice
Von allen wichtigen natürlichen Ressourcen ist Wasser wahrscheinlich die wichtigste und kritisch für unser Überleben. 1. Menschliches Überleben: Wasser ist für das menschliche Überleben unerlässlich. Unser Körper benötigt Wasser, um eine angemessene Hydratation aufrechtzuerhalten, die Körpertemperatur zu regulieren und lebenswichtige physiologische Funktionen zu unterstützen. Ohne Zugang zu sauberem und sicherem
Shipping containers and its standardization (ISO 6346) has had a significant impact on the globalization of the economy. Here are some of the ways it has changed global trade: 1. Reduced shipping costs: Standardized containers have made it easier and more cost-effective to move goods across long distances. Shipping companies
An alphabet is the visual record of a spoken language. A B C D E F G H I J K L M N O P Q R S T U V W X Y Z The latin alphabet has got 26 letters to form words and sentences and above
Effective corporate governance rules for the banking industry, including for too big to fail banks' board of directors, should be designed to promote transparency, accountability, and sound risk management practices. Here are some examples of rules that could be put in place for financial reports, risk management, and internal
The goal of Total Quality Management (TQM) for a healthcare provider like hospitals is to provide high-quality healthcare services that meet or exceed the expectations of patients and other stakeholders, while also improving operational efficiency and reducing costs. TQM is a management philosophy that emphasizes continuous improvement, teamwork, and a
Good club management involves a range of skills and responsibilities that are critical to the success and sustainability of any club. Here are some of the hallmarks of good club management: 1. Effective communication: Good club managers must be able to communicate effectively with their members, staff, and other stakeholders.
Cost-effective healthcare is critical for ensuring that everyone has access to the care they need, improving health outcomes, and promoting economic and social well-being as follows: 1. Access: Cost-effective healthcare ensures that healthcare services are available and affordable to everyone, regardless of their financial situation. This means that people are
This business process map illustrates the conventional business paradigm of doing business vs. business development to make a better business. Business development should be a constant process to identify new business opportunities and generate business resp. customer value in a sustainable way which should translate to standardized value creation at
Open posting links to my linkedin account in a new tab Linkedin posts of Peter Haenni 75 Doing Business vs. Business development 74 AI ML project to automate the Shared Service Center accoAunting processes 73 Frequently asked questions about the ProcessHorizon web app 72 Conceivable automation of banking processes by
Most Shared Service Center processes can be automated by AI Machine Learning projects as shown by the example of the SSC accounting process. The SIPOC process model highlights the importance of data quality to machine learning models, and human review in ensuring accurate and reliable accounting information. The benefits of