The Intersection of BPM and Risk

In a 2008 study of over 1,200 CFOs and other senior finance professionals, 62 percent of enterprises with over $5 billion in annual revenue were found to have encountered a material risk event during the past three years; of those, 42 percent admitted to not being well prepared for it. William Fuessler, global leader, financial management, IBM Global Business Services, discusses some of the best practices that can advance both BPM and risk management initiatives. See related article.