by Doug Sabanosh | Finance
As demand for governance, risk and compliance (GRC) automation rises, many organizations are realizing there are relatively few automation options on the market to choose from. On one end of the spectrum, there’s Microsoft Excel and/or SharePoint, which is...
by Doug Sabanosh | Finance
We find that Treasuries justify weak practices because they assume that the default risk is small and they trivialize the consequences, thinking only that their friendly lenders would be forgiving of any technical default. These assumptions could cost Treasurers and...
by Doug Sabanosh | Finance
A primary treasury objective is to maintain and maximize access to the capital and debt markets at the lowest cost – which means consents before the fact rather than waivers after the fact. And since “stuff happens,” treasury needs to pro-actively talk to the lenders...
by Doug Sabanosh | Finance
Let’s face it, CFOs, CAOs and financial teams, in general, have a lot of responsibilities for the financial functions and health of an organization. And while the CFO and CAO roles and responsibilities vary greatly, they have a lot in common – responsibility for...
by Doug Sabanosh | Finance
Creating consistent GRC data standards and communicating them effectively is challenging for many organizations. Often, source data from multiple locations is incompatible, creating unclear controls visibility and stifled communication. Add to that, the difficulty of...
by Doug Sabanosh | Finance
Did you know companies today are defaulting at more than twice the rate of 2015? In fact, there were more corporate defaults in the first nine months of 2016 (150 total), than there were in all of 2015. (Standard & Poors) Global corporate defaults reached 104 in...
