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Are your internal stakeholders engaged with Procurement – early and consistently? American Financial Group won’t tout a best in class procurement organization, but we have celebrated some modest...

In addition to traditional core bank processing and information technology services, financial institutions1 outsource operational activities such as accounting, appraisal management, internal...

Original Source: Federal Reserve

"During recent years, the Federal Reserve has increasingly emphasized the importance of sound risk management processes and strong internal controls when...

Several years ago, I addressed a small audience of about 100 senior procurement executives. I asked them two questions. The first was, "who believes that procurement should take ownership of...