RBC | AArete

Every large organization has internal audit, oversight, and governance policies that are in place to extensively manage the vast majority of vendor financial processes. RBC set out to uncover the remainder that potentially fell between the cracks of even the most effective governance policies through a combination of payment review and contract compliance analysis. In so doing, they realized that even their best supplier practices have possible vulnerabilities. By identifying those that impact cost and expense management, this could contribute to supplier and contract development while also improving management best practices.

Contributors: AArete, Various
Categories: Summit Presentations
SRC Type: Nearshoring, Outsourcing