By Pickledip January 23, 2018
Rude lady answers the phone. Hard to get in touch with. Have to make an appointment to get your vehicle back. I did mention rude !!!!! Just pay your car note to AVOID these people. They act like they mad cause you paid to get your vehicle back. ...read more
By Elizabeth Monroy April 20, 2016
I had an experience with Key Schoen I gave him the $500.00 . When I came back to collect on every thing he had promised me he told me to get out of town and leave my brother alone. He counted our telephone conversation as my free consultation and the time he told me to get out of town the other "hour" her billed me at $250.00 WATCH OUT FOR THIS SLICK AS SNOT LAWYER!!!!! ...read more
By Elizabeth Monroy April 20, 2016
I had an experience with Key Schoen I gave him the $500.00 . When I came back to collect on every thing he had promised me he told me to get out of town and leave my brother alone. He counted our telephone conversation as my free consultation and the time he told me to get out of town the other "hour" her billed me at $250.00 WATCH OUT FOR THIS SLICK AS SNOT LAWYER!!!!! ...read more
After the financial crisis of 2007, many changes have been implemented in the field of banking regulation. The phenomenon seems far from halting, given the technological innovations that are transforming the operating systems of banks on the one hand, and the changing global socio-economic context, and the vigilance of financial regulators. Banking regulations in full change Over the past decade, banks and their clients have had to deal with a complete change in the regulatory environment governing the work methods and products and services offered by these financial institutions, and their relationships with them. with their customers on the other hand. The figures put forward by the results of the study conducted by the Boston Consulting Group are, to say the least, staggering. Between the crisis of 2007 and 2015, 51,600 changes were made in the field of banking regulation. The phenomenon is gaining momentum since 6 years ago, that number was still 14,000. A quick calculation gives us 37,600 reshuffles between 2011 and 2015. Given the constant movement of rules governing banking operations and services, but also the emergence of dematerialized banks and new technologies applied by financial institutions, the comparison of banks is an operation that may be particularly complex. Increasingly severe regulators Most of the changes are imposed by the financial regulators who closely monitor the banks' working methods. They concern both the territorial dimension of the regulation and the technical aspects of the texts in force or those which are not yet applied. The digitalisation of services, which is currently revolutionizing the banking sector, is also one of the areas on which regulators keep an eye. All institutions whose practices are judged to be non-compliant with the standards devised by regulators and financial constables are then penalized. Between 2009 and 2016, $ 321 billion in penalties were paid by banks to regulators and their customers. And the Boston Consulting Group adds that this amount could increase in the coming years, especially for European and Asian banks. Regulatory Change management in business Whether it's a new project requiring the creation of a new team or the grouping of people, the end of a project requiring a new distribution of resources, a move or the replacement or dissemination of a tool throughout the company, the implications for employees can be numerous. These changes in habits, tools or even the workplace are not anecdotal and often have a strong impact on those involved. An error all too often encountered is to take into account only the technical aspects, to the detriment of human aspects. If any technical problem can be solved or at worst bypassed, this is not the case for human problems. Resistance to change is natural, and without support and regulatory change management, it can quickly turn into a blockage. From a situation A to a target situation B requires special management. A situation of dissatisfaction is often at the origin of a process of change or evolution in a company. The goal of corporate change management is to take into account the origins of dissatisfaction and eliminate them in order to end up with an improvement. It may be to strengthen a team with the arrival of additional resources, accompanied for better integration, or to move an entire company spread over several geographical locations to gather all staff on a single site. Whether the project is big or small, requires small changes or big changes, change management is there to make sure everything goes smoothly. Why set up a change management in business? Regulatory change management software not only overcomes resistance, but also detects upstream needs. The feedback of the dissatisfaction of the teams and their taking into account is an important step. Setting up organizational, localization or tool changes can not be improvised. Imagine that a company employing several hundred employees decides for technical or financial reasons to change its messaging software. It can not be done overnight. Users have taken habits, they like or not the solution in place, have been able to create mail filters, have a history, contacts, archives ... It is imperative to inform them upstream, to carry out tests, to set up drivers, to think about tools and methods for recovering data, emails and contacts of the previous software in order to be able to reintegrate them into the new and if possible in a simple and transparent way ... This poorly managed change will inevitably lead to a rejection of the tool to put in place and feelings of frustration and dissatisfaction. ...read more
By 360factors August 30, 2019
Enterprise Risk Management is a major part ofrisk management frameworkwhich organizes, plans, controls and leads the functions of an organization in order to reduces the possible risks that may affect the organization. Many organizations claim that they find ERM easy and implements it in the easiest way but it’s not the actual story. It requires a rare combination of organizational hierarchy and strong executive management. The most explicit concerns that generally a company faces are normally not related to the industry, geography or regulations. By analyzing common ERM challenges, management would be able to better develop and revamp their own enterprise risk management programs. Risk Consistently Risk may vary from vendor to vendor and department to department. What your vendor management department thinks of risk might not be a risk for and IT department. One of the biggest challenges would be maintaining a consistent and commonly applied risk terminologies. The most challenging thing that would come across anything would be defining risk itself. It is to ensure that each risk must be consistent and backed by correct instructions along with the clear guidance of laws and regulations that defines risk is supported by the regulatory directions. Qualitative and Quantitative Metrics Metrics like qualitative and quantitative arrive as challenge when it comes to assessing enterprise risk management. Qualitative method generalizes risk indicators instead of being specific to risk scores and they are less preferred. Whereas, quantitative method helps in quantifying risks which are in highest priority in order to focus on the probability in achieving set objectives and overall cost and this method of assessing enterprise risk management is highly preferred. Managing Risk throughout the Department So, here we know the enterprise risk management can help us in evaluating and identifying company’s risk, but story is not limited to it. ERM software helps organization to be able to report and visualize that how, where and what kind to risk to be shared with management, regulators, auditors and board of directors and with the help of ERM software these things are not to done manually but all is done through automated system. Risk Reporting Challenge that originations usually faces is while reporting two kinds of risks which are what kind or information should be discussed with internal and external management or vendors and how it should be communicated. Handling external risks are not that difficult since external management or public is limited to share certain information only. For example, financial statements, annual meetings, public presentations, quarterly announcement etc. Whereas how risk should be communicated is concerned, it is preferred to be done through board/audit committee, line management meetings and reports which are typically generate through risk database, taxonomy etc. Time Constraint The time constraint of ERM risk assessment is mainly dependent upon the willingness of an organization that how it is willing to invest in risk management. For the solution to this challenge, are preferably willing to shift from short term risk assessment to a longer term or a hybrid solution. ...read more
By 360factors August 20, 2019
Most people do not understand why organizations need dedicated erm software solutions to manage enterprise risk, but that is only because most people do not understand how vital enterprise risk management can be. Managing risks is simple in our personal lives and for small businesses, because only a few risks need to be worried about. There is no need to quantify and assess these risks, because it is easy to keep track of them all due to their low quantity and small size. However, when we start looking at bigger organizations the picture completely changes. The importance of knowing risks for businesses If you want to understand why enterprise risk management is so important an analogy will help. Think of a small business as a small boat. If you take out a small boat, there are many risks you need to worry about. You know your boat can easily capsize and you need to stick to low currents to stay safe. Now, compare it to a large business, which is basically a large ship. The large ship can withstand a lot more turbulence and will not capsize. In a way it can be said that the big ship has more protections than a small boat. However, when you look at the actual function of both boats it becomes abundantly clear that the big ship carries higher risks. On a small boat it is going to be just you and a few more people. If you are in a small boat, you will not use it for long trips which can result in you being adrift at sea. The same is true for small businesses as well. While small businesses are vulnerable, they are not very high risk because of their limited size. The risks they face are clear and immediate – they need to worry about the weather, the motor powering the boat, and they need to carry a few floats to make sure they will be safe if the boat capsizes or faces any other issue. Now, look at the risks which a big ship must manage. These ships have hundreds of employees managing everything. There are multiple engines and countless other pieces of machinery which are running the ship – all of them need to be maintained. There needs to be an evacuation route for emergencies for people working below the deck. There is an immense amount of fuel and other perishable goods on the ship that need to be protected. While the ship can withstand a lot more pressure than a small boat, a problem in a big ship can also be a lot more catastrophic than anything that can happen to a small boat. Enterprise risks are complex This is why ERM software is needed. The captain of the small boat does not need to keep track of a lot of things. They can do everything they need to do without the use of any specialized tools. They can manually look into every problem and assess all the inventory before every trip. The same is simply not possible for someone who is the captain of a big ship. There are too many things to keep track of – there is simply no way for the captain to be able to run the ship without the use of dedicated tools. They have multiple people whose sole purpose is to monitor everything. They have screens giving them data about every piece of machinery on the ship. They have sensors telling them about the external and internal environment of the ship. They have communication tools that get external data regarding weather and currents to help them chart the right course for the ship. All of this is necessary, because there are simply too many things to manage manually. This is what risk management software does for large organizations. It gives them all the information they need in a single centralized location, so the board knows what is going on within the organization. Without such a software it is possible that they may lose track of the risk related problems within the organization or they may be blindsided by an issue they should have been tracking. ERM software is now a common sight in all large organizations. Some smaller businesses have also started using these solutions. While it may not be essential for smaller organizations, there are now many inexpensive ERM solutions available in the market which are easily affordable for small businesses. Small business owners are thus utilizing these solutions at a low cost to gain access to technology which was previously only available to large organizations because it cost millions of dollars. ...read more
By 360factors August 16, 2019
Small businesses can benefit from accepting credit cards. Credit card processing companies now recognize that you may need to take a credit card while away from your office and have made that easy to do with your phone. Credit card machines come in a number of sizes, and small businesses have a variet... ...read more
Making a living from home offers independence and unlimited potential. To improve a home business strategy, explore the areas of your business that might benefit from a change. Home office organization, marketing strategies or communication with clients may be areas in need of improvement. ...read more