In addition to their stewardship of the company’s financial health, CFOs play an integral role in its risk management process. While the company may have a comprehensive enterprise risk management framework in place, the effectiveness of the risk assessment process—the foundation of an ERM program—must be continuously evaluated and improved. Data analytics is necessary for today’s risk assessment process with the ever-increasing complexities of businesses, technology and external factors.
In StrategicCFO360 Senior Adviser Michael Yachnik and Managing Director Chuck Soha present critical practices CFOs should implement to integrate data analytics throughout the risk assessment process.
