Dennis Frio

Dennis facilitated the creation of a global third-party risk consortium working directly with four global investment and wealth management companies and a selected operating company.  In addition, Dennis has deep expertise in optimizing a firm’s Finance, Source to Pay and 3rd Party Risk management operations within the Financial Services and Pharmaceutical industries.  More specifically, he has experience managing a broad array of initiatives designed to reduce costs, improve efficiency or manage risk:

  • 3rd Party Risk Management & Remediation
  • Third Party Systems Implementations
  • Expertise in third-party regulations (OCC, FRB, FDIC, CFPB)
  • Source to Pay and Finance process optimization
  • Full lifecycle procure to pay and system implementations
  • Shared Service and Outsourcing assessments

Dennis was with a global banking and wealth management company, where he was responsible for the strategic direction of their Source to Pay technology, Travel and reporting data warehouses.  He led the selection and implementation of the firm’s T&E tool and vendor risk management solutions including on-boarding procedures integrated with newly instituted risk management protocols.  Dennis developed and executed a global shared service center strategy reducing operating costs by 50%. He also established one Procure to Pay operation with defined accountability under Finance leadership.

Prior to Grant Thornton,  Dennis worked for 14 years at Price Waterhouse providing expertise to Fortune 500 companies throughout the United States, Europe and Asia-Pacific across a broad range of business and technical disciplines including both shared service and outsourcing assessments, finance and supply chain process and organizational redesign and full lifecycle Source to Pay system implementations.

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