https://simplecast.com PaymentWorks Presents: Risky Business Risky Business presents conversations with experts and practitioners in the world of payments, risk, vendor management and compliance. Topics include: ACH payments, social engineering fraud, business email compromise, vendor management, insurance and all risk related to payments fraud and compliance issues. 2020-2021 PaymentWorks, Inc. en Thu, 7 Mar 2024 15:40:00 +0000 Thu, 7 Mar 2024 18:21:10 +0000 https://paymentworks-presents-risky-business.simplecast.com PaymentWorks Presents: Risky Business https://image.simplecastcdn.com/images/87ad95a9-91fe-443d-a243-924118003fdb/806e11de-b9b1-4e26-aaf6-834425614943/3000x3000/paymentworks-presents-risky-business-logo-final-72-2.jpg?aid=rss_feed https://paymentworks-presents-risky-business.simplecast.com episodic Risky Business presents conversations with experts and practitioners in the world of payments, risk, vendor management and compliance. Topics include: ACH payments, social engineering fraud, business email compromise, vendor management, insurance and all risk related to payments fraud and compliance issues. Angela Sarno, PaymentWorks, Taylor Nemeth no https://feeds.simplecast.com/FafIl35T risk, ach, insurance, payments security, paymentsfraud, vendor management PaymentWorks angela.sarno@paymentworks.com c78fc5de-8887-4e7a-ba22-396b59ef0e51 Top Trends in Vendor Management Thu, 7 Mar 2024 15:40:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/top-trends-in-vendor-management-fMahBflG Top Trends in Vendor Management Angela Sarno, Taylor Nemeth 00:36:14 In our latest episode of Risky Business, we sat down with Tom Rogers of Vendor Centric to discuss the evolution of vendor management and its progression from an administrative focus to a strategic one. Top Takeaways on the Top Trends in Vendor Management #1: Vendor risk mitigation is moving from compliance to value creation #2: Vendor management has evolved from admin to strategic quarterback #3: The importance of a strategic vendor “analyst” is growing #4: AI ***may*** help create value in vendor management In our latest episode of Risky Business, we sat down with Tom Rogers of Vendor Centric to discuss the evolution of vendor management and its progression from an administrative focus to a strategic one. Top Takeaways on the Top Trends in Vendor Management #1: Vendor risk mitigation is moving from compliance to value creation #2: Vendor management has evolved from admin to strategic quarterback #3: The importance of a strategic vendor “analyst” is growing #4: AI ***may*** help create value in vendor management vendor risk, vendor management no full 14 3 5bde6e0a-a59c-4951-9896-89996781b0c6 The Supplier File and Your ERP Fri, 6 Oct 2023 12:05:00 +0000 angela.sarno@paymentworks.com (Taylor Nemeth, Angela Sarno) https://paymentworks-presents-risky-business.simplecast.com/episodes/the-supplier-file-and-your-erp-oBJDad5n The Supplier File and Your ERP Taylor Nemeth, Angela Sarno 00:26:21 Jens Brown from Huron teaches our host Angela Sarno a few things about ERP migrations, the expectations organizations have on their human vendor managers, and what AI has in store for vendor data. Jens Brown from Huron teaches our host Angela Sarno a few things about ERP migrations, the expectations organizations have on their human vendor managers, and what AI has in store for vendor data. supplier file, ai, erp, vendor management no full 13 3 8532be51-6c13-4a5f-ae24-2611d2ad4031 Breaking Down Silos Fri, 8 Sep 2023 12:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/breaking-down-silos-Gw99GyR5 Breaking Down Silos Angela Sarno, Taylor Nemeth 00:34:51 Jenn Glassman has spent a lot of time thinking about optimizing payments strategies for public organizations. In this episode she shares how securing vendor onboarding allows an organization the peace of mind to move to electronic payments for vendors, without fear of fraud. Jenn Glassman has spent a lot of time thinking about optimizing payments strategies for public organizations. In this episode she shares how securing vendor onboarding allows an organization the peace of mind to move to electronic payments for vendors, without fear of fraud. vendor onboarding, payment security, payment strategy, procurement no full 12 3 e063c0ae-5e0e-43f7-8d51-245446c48546 There Hasn't Been a Good Day Yet
  • "The workload that we currently have is enough to keep four people busy full-time for months and months without even being able to catch up...I've been given half of a person." (~16:47)
  • "This is not a basic data entry. You actually have to have brains to analyze what you're doing. It's almost to the level of an analyst...to dissect something and to understand how important it is to do it right from the very beginning." (~20:31)
  • "If I could get [leadership] to understand that implementing a better workflow not only benefits them, but keeps people happy and possibly keeps employees obviously too. Once I did empty out my office and I said, "'I'm done, I'm leaving.' And they begged me and said, 'No, things are going to change.'" (~26:02)
  • "Let me do the job of AP manager and not be the AP specialist, the clerk, the admin, the chase it down, drive things to FedEx. I can't even name everything that I do." (~27:52)
  • "I actually have hope...that this is not at the end of my life struggling, that there is actually a better thing out there. And you guys [PaymentWorks] I think are the answer to it. I just need to convince other people to see how beautiful things could be with better software and a better understanding of the job."
    (~32:12)

    • www.paymentworks.com

    ]]>     Thu, 27 Jul 2023 01:00:00 +0000 angela.sarno@paymentworks.com (Taylor Nemeth, Angela Sarno) https://paymentworks-presents-risky-business.simplecast.com/episodes/there-hasnt-been-a-good-day-yet-ZFvPrxiV
  • "The workload that we currently have is enough to keep four people busy full-time for months and months without even being able to catch up...I've been given half of a person." (~16:47)
  • "This is not a basic data entry. You actually have to have brains to analyze what you're doing. It's almost to the level of an analyst...to dissect something and to understand how important it is to do it right from the very beginning." (~20:31)
  • "If I could get [leadership] to understand that implementing a better workflow not only benefits them, but keeps people happy and possibly keeps employees obviously too. Once I did empty out my office and I said, "'I'm done, I'm leaving.' And they begged me and said, 'No, things are going to change.'" (~26:02)
  • "Let me do the job of AP manager and not be the AP specialist, the clerk, the admin, the chase it down, drive things to FedEx. I can't even name everything that I do." (~27:52)
  • "I actually have hope...that this is not at the end of my life struggling, that there is actually a better thing out there. And you guys [PaymentWorks] I think are the answer to it. I just need to convince other people to see how beautiful things could be with better software and a better understanding of the job."
    (~32:12)

    • www.paymentworks.com

    ]]>     There Hasn't Been a Good Day Yet Taylor Nemeth, Angela Sarno 00:32:35 The role of vendor desk manager is largely undervalued and underfunded at almost all organizations of all sizes. Our podcast guest shoulders the burden of too much responsibility coupled with manual processes. She agreed to guest on our podcast anonymously so she could tell you what your vendor desk manager isn't telling you. The role of vendor desk manager is largely undervalued and underfunded at almost all organizations of all sizes. Our podcast guest shoulders the burden of too much responsibility coupled with manual processes. She agreed to guest on our podcast anonymously so she could tell you what your vendor desk manager isn't telling you. vendor risk, supplier information management, vendormanagement no full 11 3     20c7d5f8-5044-432d-b382-7f353b43be6b The Risk and the Reward Tue, 9 Nov 2021 13:25:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/the-risk-and-the-reward-PRPN0UOS The Risk and the Reward Angela Sarno, Taylor Nemeth 00:19:04 Kristen Drobnis is passionate about managing corporate risk. She sees the risk team as instrumental to cost avoidance and helping the bottom line. Interview recorded in August 2021. Kristen Drobnis is passionate about managing corporate risk. She sees the risk team as instrumental to cost avoidance and helping the bottom line. Interview recorded in August 2021. third party risk, cyber insurance, risk, vendor master no full 10 2 3e5409fd-f7e6-4fd0-867d-e3b4996d2624 Risky Business: The American Rescue Plan Act: A Primer Intro 0:00- 4:33

    Interview with John Wilkerson 4:34- 29:53

    Topics the four 'buckets' of allowed spend for ARPA funds, making a case for broadband and cybersecurity as infrastructure, how to use the "lost revenue" funds.

    closing: 29:54 - end

    www.paymentworks.com

    ]]>     Tue, 5 Oct 2021 14:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-the-american-rescue-plan-act-a-primer-ZcFasy3u Intro 0:00- 4:33

    Interview with John Wilkerson 4:34- 29:53

    Topics the four 'buckets' of allowed spend for ARPA funds, making a case for broadband and cybersecurity as infrastructure, how to use the "lost revenue" funds.

    closing: 29:54 - end

    www.paymentworks.com

    ]]>     Risky Business: The American Rescue Plan Act: A Primer Angela Sarno, Taylor Nemeth 00:33:28 The American Rescue Plan Act is a once in a lifetime opportunity for governments to invest in infrastructure- including SaaS platforms to bolster security. Our guest, the general counsel of the Arkansas Municipal League, breaks down the buckets of spending that are covered by ARPA, and how to calculate Lost Revenue due to Covid to give your government the maximum flexibility in spending your ARPA funds. The American Rescue Plan Act is a once in a lifetime opportunity for governments to invest in infrastructure- including SaaS platforms to bolster security. Our guest, the general counsel of the Arkansas Municipal League, breaks down the buckets of spending that are covered by ARPA, and how to calculate Lost Revenue due to Covid to give your government the maximum flexibility in spending your ARPA funds. american rescue plan act, infrastructure, risk no full 9 2     bb828d2a-42ae-4f4b-87df-ce57c25c0954 Risky Business: Email is the Start of the Problem Tue, 14 Sep 2021 04:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-email-is-the-start-of-the-problem-eBIjMDmU Risky Business: Email is the Start of the Problem Angela Sarno 00:29:35 Email is the starting point for almost all social engineering payments fraud scams. Christopher Arehart from Chubb walks through why you should have zero trust in email, and what you can do instead. Email is the starting point for almost all social engineering payments fraud scams. Christopher Arehart from Chubb walks through why you should have zero trust in email, and what you can do instead. vendor fraud, payments fraud, cyber insurance, social engineering, crime insurance no full 8 2 0172174d-fa1c-4d4a-8cd4-17caa861a283 Risky Business: Keeping it Clean Fri, 20 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-keeping-it-clean-a2AGg3Rq Risky Business: Keeping it Clean Taylor Nemeth 00:24:47 Julie-Anne White makes the case that investing in a clean vendor master has an immediate ROI. Julie-Anne White makes the case that investing in a clean vendor master has an immediate ROI. vendor risk, vendor management, payments fraud, corporate compliance no full 7 2 be9172d0-8f6f-43ec-b329-cecd3c45fc51 Risky Business: Identification, Authentication & Authorization Thu, 19 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-identification-authentication-authorization-TpqTDjU7 Risky Business: Identification, Authentication & Authorization Angela Sarno, Taylor Nemeth 00:26:31 David Birch is an author, advisor, commentator on digital financial services and is regarded by many (including everyone at PaymentWorks!) as a top money expert. But the area where he may have the most mastery is identity, a topic he believes isn't quite as complicated as some choose to believe. David Birch is an author, advisor, commentator on digital financial services and is regarded by many (including everyone at PaymentWorks!) as a top money expert. But the area where he may have the most mastery is identity, a topic he believes isn't quite as complicated as some choose to believe. payments fraud, identity, risk no full 6 2 90936cc2-969c-481b-a855-b3512edda06e Risky Business: Third Party Risk Management: A Primer Wed, 18 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Taylor Nemeth, Angela Sarno) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-third-party-risk-management-a-primer-0B_Cfdqm Risky Business: Third Party Risk Management: A Primer Taylor Nemeth, Angela Sarno 00:24:52 With 40 years of experience in financial services, covering a wide range of functions globally, including Operations & Technology, Risk Management, Audit, and Regulatory Compliance, Yakut Akman joined us to spell out a prescription for managing third parties, and the pile of risk that comes with them. With 40 years of experience in financial services, covering a wide range of functions globally, including Operations & Technology, Risk Management, Audit, and Regulatory Compliance, Yakut Akman joined us to spell out a prescription for managing third parties, and the pile of risk that comes with them. compliance, third party risk, risk no full 5 1 f13e83e2-8436-49a1-bb7e-8200e0791c67 Risky Business: Where's My Vendor? Tue, 17 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-wheres-my-vendor-WEuomJRF Risky Business: Where's My Vendor? Angela Sarno, Taylor Nemeth 00:30:00 From the front lines of vendor management at Villanova University and California State University Monterey Bay, Wendy Grayauskie and Miguel Silva dish about what keeps them up and night, and the most popular question they are asked (hint, it's the title of this episode). From the front lines of vendor management at Villanova University and California State University Monterey Bay, Wendy Grayauskie and Miguel Silva dish about what keeps them up and night, and the most popular question they are asked (hint, it's the title of this episode). supplier management, vendor management, higher education, risk, procurement no full 4 1 74c924f5-9284-4db4-88b5-266039e08501 Risky Business: The Million Dollar Question About Coverage Mon, 16 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-the-million-dollar-question-about-coverage-TRk4_nEK Risky Business: The Million Dollar Question About Coverage Angela Sarno, Taylor Nemeth 00:36:40 PaymentWorks Presents Risky Business Episode 3: Matt Klein, National Fidelity Product Leader at Willis Towers Watson breaks down the world of insurance and coverage for losses stemming from social engineering frauds. He walks us through the exacting claims process, what questions you should ask your insurance provider right now, and what business leaders will need to do to prepare for such attacks. PaymentWorks Presents Risky Business Episode 3: Matt Klein, National Fidelity Product Leader at Willis Towers Watson breaks down the world of insurance and coverage for losses stemming from social engineering frauds. He walks us through the exacting claims process, what questions you should ask your insurance provider right now, and what business leaders will need to do to prepare for such attacks. bec, payments fraud, insurance, social engineering, risk no full 3 1 1e94a070-3d2d-41ec-88f7-41d4a9238f10 Risky Business: Treasury in Higher Ed: Protect and Serve Fri, 13 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Taylor Nemeth, Angela Sarno) https://blog.paymentworks.com/treasury-in-higher-ed Risky Business: Treasury in Higher Ed: Protect and Serve Taylor Nemeth, Angela Sarno 00:43:42 PaymentWorks interviews the Treasurer at Texas State University, Valarie Van Vlack on the unique mission of treasury in higher ed, and all of the creative ways fraudsters try to scam educational institutions. PaymentWorks Presents Risky Business focuses on interviewing industry experts and front line practitioners in the world of vendor management and risk PaymentWorks interviews the Treasurer at Texas State University, Valarie Van Vlack on the unique mission of treasury in higher ed, and all of the creative ways fraudsters try to scam educational institutions. PaymentWorks Presents Risky Business focuses on interviewing industry experts and front line practitioners in the world of vendor management and risk treasury, payments fraud, higher ed, risk no full 2 1 a89ed5b5-9372-4658-85a1-09ae563b55c9 Risky Business: The Evolution of Risk Thu, 12 Aug 2021 16:00:00 +0000 angela.sarno@paymentworks.com (Angela Sarno, Taylor Nemeth) https://paymentworks-presents-risky-business.simplecast.com/episodes/risky-business-the-evolution-of-risk-Xo0UjafL Risky Business: The Evolution of Risk Angela Sarno, Taylor Nemeth 00:34:41 PaymentWorks interviews the former CEO of Boston Private bank regarding the evolution of risk management, vendor management, and the increasing threat of payments fraud for businesses. PaymentWorks Presents Risky Business focuses on interviewing industry experts and front line practitioners in the world of vendor management and risk. This is the inaugural podcast. PaymentWorks interviews the former CEO of Boston Private bank regarding the evolution of risk management, vendor management, and the increasing threat of payments fraud for businesses. PaymentWorks Presents Risky Business focuses on interviewing industry experts and front line practitioners in the world of vendor management and risk. This is the inaugural podcast. vendor risk, payments fraud, ach no full 1 1