Organizations need resilience in the face of an increasingly broad and unpredictable risk landscape. This is especially true when it comes to energy and sustainability.
Investors and customers alike recognize the effects of climate change and other factors that increase volatility. And the pressure these and other groups are applying to drive change can no longer be ignored.
As our unpredictable world becomes more complex, interdependent and dangerous, it’s becoming harder to manage third-party risk. Traditional financial and operational risks seem like the good old days. Now procurement has to manage, mitigate and avoid risks as disparate as conflict minerals, cybercrime, natural disasters, resource depletion and many others.
Tight schedules, cost challenges and lack of visibility can strain relationships in the Architecture, Engineering and Construction (AEC) market. As new technologies raise owner expectations, you need to respond rapidly to customer needs with on-target solutions. You need to know how to anticipate and exceed owners’ expectations. You need to deliver on multiple fronts, including:
• Be a partner not just a supplier: Owners are looking for irreplaceable partners who transparently deliver value.
• Achieve more predictable outcomes: Partnerships build from developing plans, mitigating risks and delivering.
• Deliver on time and on budget: Firms must meet expectations precisely and avoid costly waste and delays.
• Be involved from day one: Owners now expect visibility and involvement across the project.
• Deliver something unexpected: AEC firms need to deliver unique, surprising solutions.
Download your targeted industry analysis to learn more.
When was the last time you thought about your disaster recovery plan? Natural disasters, such as earthquakes, tsunamis, hurricanes, fires, or floods can occur anytime and disable your data center, with little to no warning. Hacker activities like a denial of service attack can also take down your systems unexpectedly. Then you have the more mundane risks such as human error and hardware or software failures. The only predictable thing to say about these risks is that at some point, on some scale, you’ll have to recover your data center from downtime. When it comes to disaster readiness, proactive planning is the key to success. Every business, regardless of size, needs to have a well-tested disaster recovery plan in place. Every minute your systems are down, the financial implications grow.
Take the assessment to see where your disaster recovery plan ranks. Then learn about next steps and more information.
This solution brief explores how companies can transform the efficiency of their STO and solve business challenges in six key areas with Oracle’s Primavera Shutdown, Turnaround and Outage Solution. Understanding STO events are a core part of business. Oracle’s Primavera Shutdown, Turnaround and Outage Solution has been developed to support the transformation of your customers/prospects STO business by providing a predictable solution that supports scope, cost, schedule, risk and change throughout the STO event lifecycle.
What's in the white paper?
Like all areas of the finance team, the accounts payable department is tasked with working smarter and doing more with less. The challenge is that many organizations are drowning in paper invoices, spreadsheets and manual AP processes.
A digital transformation can create more automated workflows, easier tracking of payments, and more overall accountability and visibility. In addition, the data collected can support a more predictable cash flow and a stronger negotiating position with vendors.
This white paper will examine AP’s role in reimagining the entire finance process as part of the purchase-to-pay cycle, including:
• Avoiding costs of processing paper invoices and payments
• The role of the CFO in mitigating risks of manual processes
• The value of AP integration with e-payable solutions
This white paper describes five practical steps that you can take to make your development process more predictable and reliable. By following his five steps, Paul maintains that you can build better software more quickly with less cost and less risk.