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6 best practices for better vendor management

CIO Business Intelligence

In addition, vendor evaluations should include such basics as vetting the vendor’s experience, reputation, financial status, and so on, says Brooke Vemuri, vice president of business transformation and engineering at insurance firm Legal & General America. Ensure their services and future services align with your strategy,” Vemuri says.

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PODCAST: Making AI Real – Episode 3: Empowering HR Organizations with Automated Business Surveillance Systems

bridgei2i

And hence, real-time business performance monitoring, proactive risk identification and dynamic alerts for business anomalies would definitely enable businesses for faster and more informed decisions. It allows you to assign action to your colleagues to mitigate any risks. So, what’s your take on this? SERIES: Making AI Real.

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Fact-based Decision-making

Peter James Thomas

The above is a somewhat simple metric, in a section of Using historical data to justify BI investments – Part I , I cover some actual Insurance industry metrics that build on each other and are a little more convoluted. Is New Business Growth something that is even worth tracking; what will we do as a result of understanding this?

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