Remove de credit-risk-management
article thumbnail

GRC Tuesdays: Internal Control is Not Only for Listed Companies

SAP Credit Management

If they do not publish these, they will usually risk a fine. It’s the cornerstone of corporate governance and can protect the organizations from a wide range of risks: operational, reputation, legal, financial, etc. But internal control is much more than compliance. Personally, I very much like COSO’s definition of Internal Control.

article thumbnail

Case Study – European Electronics Retailer

TreviPay

Economic factors stemming from the financial crisis in 2008, and more recently, because of the global pandemic, heightened the retailer’s adversity to risk. This caused them to adopt a defensive risk posture, reduce credit lines previously extended to business customers and reduce their customer base by 50%. Why TreviPay?

DSO 52