Archive for January 2023
Why CROs are Embracing Digital Auditing Tools: A Look at the Benefits of Digital Inventory Auditing
For those responsible for risk management, one of the primary responsibilities is to identify, assess, and manage the risks to which the bank is exposed. This includes ensuring that the bank’s overall risk management strategy is aligned with the bank’s business objectives and regulatory requirements. For automotive floorplan funders, having accurate inventory information is key,…
Read MoreThe Power of Hindsight: Lessons from the 2008 Financial Crisis and How to Improve Funder-Dealer Communication
For those in the automotive funding industry, the lessons from the 2008 financial crisis serve as a reminder of the importance of being prepared for any eventualities in the economy. The recession highlighted the need for better communication and collaboration between funders and dealers in order to navigate an uncertain financial landscape. In this article,…
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