$185 million fine : Is this price sufficient for poor Sales Process Compliance and lack of Transparency in the world’s largest Bank ?

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Frauds in big Corporate houses and Organizations have been making headlines since last decade and as you read this, world’s largest bank Wells Fargo has been charged $185 million fine for illegal sales practices that included opening of 2 million fake customer accounts. Following the allegations, the bank fired over 5,300 employees who engaged in…

Rice Energy Succeeds With Force.com And AppExchange Partner Confident Governance’s Governance as a Service Platform To Enable Their Risk And Compliance Governance As a Competitive Advantage

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At Confident Governance, world’s number one Company specializing in Cloud Governance, we have a mission to Democratize Governance Worldwide and we strive ahead with this vision through successful Partnership with the robust Salesforce.com platform. There has been no looking back since the inception and our innovative Governance as a Service module has been utilized and appreciated by…

Developing Innovative Risk Management Strategies For Non-Profit Organizations

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A lot has been talked about Risk Management and effective ERM Strategies. While Companies worldwide, whether Public or Private, are customizing ERM processes to suit their requirements and achieve Business goals, there is an obvious void between achieving Project goals by aligning Risks in Non-profit Organizations. Risk Management is a rapidly developing discipline with varied views.…

Fostering Agility in Compliance : Need of the hour for Global Organizations

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In most global discussions today, we frequently hear words like Emerging Technologies, Cross-generational workforce, Changing international economies and so on and so forth. If we ever had to summarize all of these topics in just one word , what would be that word ? Yes, it’s “Agility”. In this dynamically changing Business market Agility is no…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 5

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In this concluding post of ConfidentNow blog series  the top 5 ways Internal Audit will be transformed in next decade , we will discuss about the last but not the least element of Transparency in Internal Audit. At the 75th Anniversary of IIA , Confident Governance Chairman Bhavesh Bhagat is going to share his insights on the Emerging Trends in Internal Audit and how…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 4

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In our series of the top 5 ways Internal Audit will be transformed in next decade , today we will discuss about a very vital aspect of Internal Audit, that’s Reporting. As GRC has evolved over last decade, Internal Audit too has witnessed some dynamic changes in it’s Processes and one of them is being equipped with Robust Reporting/Dashboarding tools. This…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 3

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Focussing on how Integrated Platform Technology can leverage your Audit processes, we carry forward the conversation on the top 5 ways Internal Audit will be transformed in next decade. To have a deeper insight on how Internal Audit departments can leverage Emerging Technologies and gain Agility, we can have a look at how the use of Technology in Internal Audit has…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 2

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Continuing our discussion on the top 5 ways Internal Audit will be leveraged in next decade, today we will discuss about the Automation of Internal Audit Processes using Emerging Technologies. This year IIA will be celebrating it’s 75th year of Establishment, and so it becomes even more relevant to gain insights on the dynamic changes brought…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 1

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As we are drafting this post, our social media handles are buzzing with news on Brexit, Chilcot Report and many more International Current affairs. At this time when International economy is getting transformed and Technology is reaching new forefronts, it becomes imperative to gain insights on how Businesses around the globe are going to be impacted. In an environment where…

2016…Leap Forward with Agility and Confidence

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Year ends are a time to introspect and to plan the upcoming year. Above all this is the time to Thank all those who have touched you in the past year and have helped you thrive against all ups and downs of life. This year I want to Thank all of our Confident Ecosystem of Customers, Partners…

Millennials : Next Level Of Leadership ?

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An Expert once said “Every Generation’s fundamental job is to prepare the place for the next Generation”. In terms of Business, this quote translates as aligning the Cross-Generational Workforce for achieving Business Excellence. While working through this objective it becomes vital to know what are the defining characteristics of the various Generations and how to Align them. In…

Leveraging Cutting-edge Technology To Gain Agility In Compliance

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We live in an Era where Efficiency is no longer an option, it is a Necessity. What are the ways we can achieve Efficiency? You guessed it right, through Modern Technology. Technological Advancements have re-vamped the Business Processes Globally in the areas of Medical Science, Astronomy, Media ,Biological Sciences,etc… However, only a few have written/spoken…

Agility in Risk Management Strategies – Why? , How? and Where?

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We reviewed the importance of Innovative Risk Management Strategies in the previous post. But there are more than one dimensions to Effective Risk Management. Risk Management is a rapidly developing discipline with varied views. Moreover, there is no “one-size-fits-all” approach for ERM. So, what is the other dimension we need to add to Effective Risk…

Augmenting Organization Value Through Innovative Risk Management Strategies

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The big “R” in the avant garde Business community is the word “Risk”. But how many of us actually invest our Efforts/Resources for Effective Risk Management ? In a recent Webinar presented by our Chairman Bhavesh Bhagat, we conducted a Poll, whose results are Revealing (again the big “R”) and Intriguing. Before we discuss more into…

Innovative Risks And Digital Business Frameworks

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A couple of weeks back, as I was looking out of the window , I saw the usual panorama of tall and architecturally Innovative buildings, digitally equipped cabs, the Financial news flashing on the big screen, and of course the People passing by with all their latest gadgets. This has been the usual view through many years…

Chatter Topics – Using Hashtag To Simplify Official Collaboration

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Influx of Salesforce Chatter has led to efficient Collaborative means of communicating within Organizations of all sizes. Chatter has given a whole  new dimension to Business Collaboration by giving it’s  Users instant access to Content and Expertise they need in their work area. This is not all, Chatter enables the savvy Organization to Centralize all forms…

Facilitate Creative And Co-ordinated Teamwork With Chatter Groups

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With all our previous posts on Chatter, you might have deciphered by now that the role of any Collaboration Tool is not just enabling Collaboration, but also to leverage Business, to enable making swift Business decisions and to achieve Optimum Results with Minimum Resources. This infers that a Collaboration Tool with the right Governance methodology that automatically…

Sharing On A Robust And Secure Platform : Chatter Files

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For ages, sharing Official Documents internally in an Enterprise  (and in some cases externally with Partners/Clients) has been a part and parcel of everyday Corporate routine. It’s a customary ritual now, but wait…it is equally critical, as in , the Platform used to share your Vital and Confidential Official documents should be robust enough, for three big reasons…

The Two Constants Of Governance And Risk Management Automation

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Recently I was having a conversation with one of my colleagues in Washington DC and a Chairman of a Board, when, amidst the discussion of Global Trends and Technologies, a very interesting subject came through. It was regarding the Amazon CEO Jeff Bezos, who recently revealed the Success of his Company. According to Bezos, if you want…

Propelling Towards Global Governance And ICT (Information Communication Technology) Innovation With India-US Strategic Partnership

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On the day I write this, India is celebrating it’s 66th Republic Day with the US President Barack Obama as the Chief Guest. It is like “icing on the cake” at the time when India-US Business Relations have already achieved new heights. The Republic Day is the day of the Constitution and in simple language , Constitution is a…

A Business Directory Inside Your Salesforce Organization – Chatter Profiles

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Chatter provides an array of Collaboration features and capabilities to any application built on the Force.com platform. These Collaboration features include real-time Feed Updates, User Profiles, and Feeds that allow Users to see changes that are important to them. For a Developer, this Social Platform opens up endless possibilities for Customization. Particularly in this excerpt, we will focus…

Accelerating Corporate Collaboration With Salesforce Chatter “Feeds”

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In the previous post we saw the significance of Collaboration and Collaboration tools in an Enterprise. We also saw the reasoning behind the Emerging popularity of the Enterprise Collaboration Tool, Salesforce Chatter. Moving on further in our Confident Now Blog Series we will understand more about one of the amazing feature called “Feeds” of Salesforce Chatter and also understand some…

Turbocharge Your Business Processes With Salesforce Chatter

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As Companies aim to succeed and evolve in the fast paced Social Media driven world, Collaborating effectively with their internal and external stakeholders becomes the make or break difference between success and failure. The old paradigm for Collaboration that people need to be effective communicators to Collaborate internally has been replaced by the new state…

Stand Up Tall Against Information Security Breaches – Cloud Governance Is The Need Of The Hour

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The Internet is becoming the town square for the modern global village and Cloud Computing is the new Industry buzz. Numerous Enterprises big and small are getting inclined towards the Cloud to leverage efficiency, reduce cost and augment expediency to the end-users by making the services and resources available wherever there is an internet connection.…

Communicating Emerging Technologies And Trends To The Board Of Directors

The Emerging Trends and Technologies are of tremendous importance to the Board and to the CEO. These trends and technologies allow them to survive and endure the competitive market. Hence the focus has shifted from not “whether” a company should adopt it or not, but to “how” it should be implemented in a reliable way. This…

Emerging Technologies @ CES 2014 – exciting for Consumers yet Challenging for Risk Practitioners…

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Each year there are trade shows around the world that showcase new Technologies and new Innovations that will blow your mind away. Each year we get to see amazing gadgets and cool products. There are some that never go beyond the prototypes but then again there are some that end up flooding the shelves for…

Happy 2014: Spend Time, Love and Sweat on things that you love!

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Happy 2014…”Spend Time, Spend Love and Spend Sweat” on things that matter most to you…those three parameters are under your control…everything else will follow. As we wrap up a wonderful year and I write my annual last blog of the year.  This year it’s what my seven-year old mentioned to me this week over Holidays which…

Change is the only constant. Say Hello to Version 2.4

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Constant change for improvements is one thing that businesses strive for. Change brings in new perspectives, new approaches, new attitudes, and new prospects. Take for example Salesforce1. With an improved interface and user friendliness, Salesforce1 announced right after Dream force conference, which itself deserves special write ups, is another change that the cloud professionals were…

Did You Make The Transition Yet?

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No more sitting on the fence. It is time to transition from Software as a product to Software as  a  Service with Cloud. It’s no business secret anymore that cloud computing is the way forward.  Already the big corporate brands have shifted their marketing strategies and are trying to ride the Cloud wave where they…

US Saga of Shutdown and lessons for Board of Directors in Governance and Risk mitigation

As I write this blog entry I can’t help but ponder why we are where we are in the US government’s operation or rather (non) operation.  The word Governance is synonymous with Government, the act to lead and manage against a set pf objectives as deemed necessary. To function and survive and thrive.  My purpose…

GRC is DEAD or is it

Great ideas are often not populist. Take for instance what Confidence Governance® Founder and Emerging Technologies Investor and Evangelist Mr Bhavesh Bhagat (Twitter: @bbhagat) stated in a recently concluded IIA/ISACA conference. During his keynote, one of the most controversial statements, well for some who still believe that the old ways of Governance, auditing and assessing…

Are you Educated Enough on this new “Culture of Security”

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Cyber threats are more prevalent than ever before which is why cyber security must continue to be a major focus for businesses. The Internet today is much more about openness and experimentation than about safety and security and with almost everything ranging from our financial requirements to commerce and supply chain depending on it, it’s…

Will Cyber Laws Equate to having Total Security

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The Congress has passed the Cyber Intelligence Sharing and Protection Act (CISPA) and has taken a very important step to increase the nation’s cyber security posture but will CISPA protect personal information? Does having Cyber Laws mean total Security?  I found an interesting article in Roll Call by Brian Finch regarding CISPA. Here’s what he…

Keep your Eye on the Ball

As a business grows, different problems and opportunities require different solutions. In this constantly evolving environment, what worked a year ago might now be not the best approach anymore and who but the entrepreneur to bear such risks. Every entrepreneur encounters challenges while trying to get their business off the ground. We are amongst a…

Good Governance – a Constant Trend among Revolutionary Technologies

The world is changing at a rapid rate. Technological innovations are having a major impact on organizations. Entrepreneurs are constantly evaluating various aspects of IT and looking ahead at new technologies and innovative ways to operate to give them that extra push. The biggest trend I see in the industry today is towards convergence and…

When Slip Ups Cost You Credibility

The latest company that became a victim to hackers is none other than a leading software giant! These cyber-attacks are similar to those faced recently by two other very big names. A simple oversight of failing to renew their online security certificate created havoc as it prevented customers from accessing files kept in its data centers.…

Introducing ConfidentNOW! A FREE series of Webinars from leading Experts in Cloud Governance

Cloud 101- A Primer for Busy Executives

We all have busy schedules where we are trying to multi-task everything as quick as possible and where time commitment is very hard to get or give, we have designed a series of knowledge sharing webinars to be brief and to the point. In less than 45 minutes you’ll get to hear from global experts on key topics…

Techniques to evaluate Cloud and Outsourced service models using AICPA and ISACA guidance

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Recently, a user guide titled SOC 2SM User Guide for Report on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality or Privacy was released by ISACA, a global IT association with 100,000 members in 180 countries and American Institute of CPAs (AICPA). The guide is available at http://www.isaca.org/SOC2. In May 2011,…

Cloud Market Maturity–Where Are We and What Does It Mean to Cloud Users

I will be presenting a webinar tomorrow titled “Cloud Market Maturity–Where Are We and What Does It Mean to Cloud Users” with ISACA. The webinar will provide insight into the maturity of cloud computing and offers details on the adoption of cloud services among all level of professionals, including the C-suite. The Maturity of a…

ConfidentGovernance.com has a Special 50% off Discount for New Customers of DreamForce 2012

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We are very excited to announce that as part of our mission to enable better collaboration amongst enterprises and to allow secure and trusted flow of information between individuals, we are offering a limited time only 50% Discount from the list price for all new customers of Dreamforce 2012. “This is a DREAM event for…

ConfidentGovernance.com Delivers Cloud Governance on World’s Largest Commercial and Government Business Applications Platform the NEW AppExchange.com

ConfidentGovernance.com delivers patent pending innovative Cloud Security, Governance and Risk management compliance product portfolio on the world’s largest cloud computing marketplace, www.AppExchange.com developed and hosted by salesforce.com.  The brand new and revamped AppExchange acts as a transformational platform for companies to build, develop, customize and market their business driven applications and share with the rest of the world.…

Governance and Risk Management Failures at the Highest Levels in Society and its Impact on Daily Lives

India plunged into darkness due to the massive blackout in July due to a grid failure. The failure of the Northern, Eastern and North-Eastern grids forced more than 600 million people to be without electricity for hours. The largest single blackout in history of mankind. Many people ask is Governance and Risk management important for…

Assuring Smooth Compliance Internal and External

SAP recently statedthat those companies that indirectly access its software without paying for it could give rise to problems for some longstanding customers of the software vendor.  They have now tightened its norms and have become stricter in dealing with violations, like charging enterprises millions of dollars in license and support fees unlike in the…