A manual KYC process is time-consuming. Many companies experience this every day. Automating this important process is therefore regularly high on the agenda. The goals are to save time, improve output and reduce risk factors. But did you know that in addition to these benefits, there are more unexpected benefits when you automate your KYC process?
In today's fast-paced and highly competitive business environment, it's more important than ever to stay ahead of the competition. One way to do this is by leveraging the power of data-as-a-service (DaaS).
At a time when trends in digitalization are following each other at a rapid pace, it is important that you as an organization can keep up with this. It can make or break the future of your company. To keep up with this, you need to pay attention to your Digital Operational Excellence, also known as DoX.
Identifying UBOs is a fundamental legal obligation. However, uncovering and monitoring UBOs can pose tremendous challenges. So what is the most efficient way of organizing this process? Read on to discover our tips.
The real ultimate stakeholder is often hidden behind layers of complex ownership structures. It may just be that the UBO is a person in a sanctioned country or is in a criminal network. Failure to identify the UBO can have serious consequences. Five tips for identifying the UBO.
To find an effective credit risk management solution, it is important to consider three questions: In which countries do you operate? How scalable is the solution? And how good is the quality of the data the tool uses? We'll help you further.
Businesses face another challenging year in 2023 due to continued slow economic growth, increased complex regulations and rising operating costs. One of the most effective ways to build resilience in businesses is to be proactive and prepared for an unpredictable environment.
What causes bad data? Bad data is a result or manifestation of a series of events that cause it. We list the events, along with the causes and possible steps for quick resolution.
Sinterklaas had an immense Master Data problem, but of course we didn't leave this good man out in the cold. Looking for a more efficient way of working this busy festive month? Find out how we helped Sinterklaas get his data in order.
The classic approach to credit risk management consists of looking at a company's profitability, liquidity and solvency. More and more you read that ESG does have an impact on credit risk assessments and investments. Laws and regulations regarding ESG are also taking shape and expanding.
Managing supplier risk starts with supplier onboarding. For the Know Your Supplier process, you need a lot of information about the new supplier.
A total of 156* bankruptcies were declared in September 2022 (reference date 7-10-2022). This is 11 fewer than the number of bankruptcies last month, August 2022 (167), 20 more than in the same period in 2021 (136). Read all survey results here.
