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Why Vendor Management Systems Are Essential In Finance?

Daffodil Software

Traditional financial institutions still rely on manual tracking when it comes to the vendor management component of their workflow. They make use of spreadsheets, email, and shared files on online drives instead of a dedicated vendor management platform.

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Grand Bank's Success Story: Enhancing Vendor Management with Ivanti's External Attack Surface Management Solution

Ivanti

Forrester highlights that EASM is crucial for thorough due diligence, especially during mergers and acquisitions, where uncovering hidden vendor assets is vital for assessing risk. It offers an automated, comprehensive vendor management approach that continuously monitors vendors' attack surfaces, assesses and mitigates risks.

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How to know a business process is ripe for agentic AI

CIO

The firm says some agentic AI applications, in some industries and for some use cases, could see actual adoption into existing workflows this year. The IT department uses Asana AI Studio for vendor management, to support help-desk requests, and to ensure its meeting software and compliance management requirements.

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SaaS startup Stimulus closes oversubscribed $2.5 million seed round

TechCrunch

Stanard established the company after her own experiences as a buyer and vendor manager. She also hopes the company will introduce establishments to a more diverse set of vendors, in a boost to minority-owned businesses often excluded from the shelves of retailers. It’s going from discovery to matching in real time.”.

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Workday to acquire external workforce management startup VNDLY for $510M

TechCrunch

“VNDLY is at the forefront of the vendor management industry with an innovative and intuitive approach. Folding that capability into the Workday platform expands their capabilities with an offering that customers will need in the future.

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Cost, security, and flexibility: the business case for open source gen AI

CIO

According to Baris Sarer, who leads the AI division of Deloittes technology, media, entertainment and telecommunications industry practice, Metas Llama model is the one that shows up most in industry deployments, followed by Mistral. And on-prem is actually still quite prevalent in certain industries.

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Case in point: taking stock of the CrowdStrike outages

CIO

But, as of January 28, the companys stock price was over $400, an all-time high, helped by a perfect score on an industry test for ransomware detection. According to the Cybersecurity and Infrastructure Security Agency, its hard for vendors to invest money in security if customers arent asking for it.