Velocity Global

OCTOBER 29, 2020

M&A activity dropped during the first two quarters of 2020 after COVID-19 created economic conditions not seen since the Great Depression. Companies and private equity firms closed $1 trillion in M&A deals during the third quarter of 2020—an 80% increase from the second quarter. Non-financial corporations in the U.S.

Payroll 52

Payroll Regulations Government Company Focus 52

Groove Technology

AUGUST 10, 2022

This cumbersome and time-consuming procedure is restricted by a number of restrictions and regulations regarding the positions that foreigners may hold. Local regulations. The GEO will adhere to all national and local labor regulations, taxes, and work licenses. However, employing a foreigner in Vietnam is difficult.

IT Outsourcing 130

IT Outsourcing Outsourcing Payroll Administrative 130

Velocity Global

MARCH 11, 2020

and UK tech executives this year, according to Velocity Global’s forthcoming 2020 State of Global Expansion Report: Technology Industry. In 2020, 43% of tech firms only operate in their home market. The 2020 State of Global Expansion Report: Technology Industry identifies executives’ key motivators for going global.

Regulations 40

Regulations Marketing Efficiency 40

IBM Services

DECEMBER 1, 2023

To align with key imperatives and transform their companies, insurers need to provide digital offerings to their customers, become more efficient, use data more intelligently, address cyber security concerns and have a resilient and stable offering. It is difficult, requires intensive labeling and takes months of effort.

Insurance 103

Insurance Automation Regulations Reduced Costs 103

VXI

NOVEMBER 11, 2021

Nevertheless, 2020 has proven that no health crisis can stop certain M&A activities. According to a Capstone Partners study , mergers and acquisitions activity in the BPO & Contact Centers industry exhibited resilience through the pandemic with 27 deals announced or closed in 2020. Post-Pandemic Mergers and Acquisitions.

BPO 94

BPO Call Center Business Process Outsourcing Outsourcing 94

Automation Anywhere

NOVEMBER 19, 2020

Life sciences companies began the year 2020 with significant challenges, including COVID-19. And they can keep employees from focusing on higher-value work to enhance a company’s efficiency and productivity. Add to that challenge the increasing pressure on life sciences companies from generics.

Automation 98

Automation Robotics Process Automation Supply Chain Management Data Entry 98

VXI

NOVEMBER 11, 2021

Nevertheless, 2020 has proven that no health crisis can stop certain M&A activities. According to a Capstone Partners study , mergers and acquisitions activity in the BPO & Contact Centers industry exhibited resilience through the pandemic with 27 deals announced or closed in 2020. Post-Pandemic Mergers and Acquisitions.

BPO 90

BPO Call Center Business Process Outsourcing Outsourcing 90

IBM Services

FEBRUARY 7, 2024

Companies are investing in renewable energy projects and implementing energy-efficient technologies and practices. Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events.

Government 95

Government Software Regulations Sourcing 95

Velocity Global

SEPTEMBER 24, 2020

Successfully onboarding and managing a global workforce while maintaining compliance with different local laws and regulations is not easy. 2020 M&A Trends. The post Webinar: Finding HR Operational Efficiencies That Shorten Time to ROI in M&A Transactions appeared first on Velocity Global. Watch the webinar here. .

Efficiency 52

Efficiency Administrative Payroll Out-Tasking 52

IBM Services

OCTOBER 30, 2023

Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. The following questions are required for all Form 8-K incident reporting under the new regulations: When the incident was discovered and whether it is ongoing. increase from 2020.

Cybersecurity 78

Cybersecurity Regulations Risk Management Risk Management 78

Groove Technology

OCTOBER 1, 2024

According to Deloitte's 2020 Global Outsourcing Survey, 70% of companies cite cost reduction as a primary reason for BPO adoption. Outsourcing can help small businesses reduce operational costs, increase efficiency, and focus on core competencies.

Software 130

Software Outsourcing Nearshoring Offshoring 130

Immedus

NOVEMBER 11, 2021

As they see it, paying people before a designated pay date offers employees access to this resource in a way that is cost-efficient. billion in 2020 and is projected to reach $48.68 As it becomes more commonplace, we can expect to see more regulations is the view of some. Rising numbers locked out of banks. from 2021 to 2030.

Payroll 105

Payroll Banking Accounting Regulations 105

IBM Services

MAY 6, 2024

Successful clinical studies hinge on efficiently recruiting and retaining diverse participants. Recognizing this gap, regulators emphasize the importance of greater diversity. For instance, the FDA released guidance in November 2020 titled, “Enhancing the diversity of clinical trial populations.”

Pharmaceuticals 85

Pharmaceuticals Research Design Administrative 85

Automation Anywhere

JULY 8, 2022

A 2020 Bain & Company survey shows that 84% of companies across all industries have accelerated their automation efforts, primarily due to the fallout from the pandemic. Because it virtually eliminates human error, intelligent automation strengthens compliance with stringent standards and increasingly complex regulations.

Automation 84

Automation Pharmaceuticals Data Entry Inventory Management 84

Perficient Digital Transformation

JANUARY 3, 2022

According to market research , the global animal health market was valued at approximately $139 billion in 2020 and is predicted to grow to more than $190 billion by 2027. High call volumes, combined with changing regulations and increased complexity of calls, can quickly overload even the most efficient call centers.

Pharmaceuticals 69

Pharmaceuticals Call Center Data Entry Customer Service 69

31 West

SEPTEMBER 7, 2022

Many firms are implementing technology like IT automation, Desktop as a Service , BYOD regulations, and more as end-user expectations and technology both develop. According to a study by Deep Instinct, the use of malware will rise by 358% through 2020, while the use of ransomware will rise by 435% over the previous year.

Managed Services 130

Managed Services Management Service Out-Tasking 130

IBM Services

NOVEMBER 10, 2023

Just in 2020, the Centers for Medicare and Medicaid Services (CMS) published a rule for healthcare systems whereby patients, providers, and payers must be able to easily exchange information. In the US, these inefficiencies contribute to an increasing healthcare system waste and challenges delivering cost-effective quality care.

Administrative 101

Administrative Healthcare Right-Sizing Insurance 101

NoonDalton

SEPTEMBER 20, 2021

In 2020, everyone was talking about finding the best way to make remote teams work. To reduce the number of people in the office at any given time, and to maintain new health and safety regulations, many managers and department heads will work from home for the most part but enter the office for meetings and check-ins. .

Reduced Overhead 98

Reduced Overhead Right-Sizing Outsourcing BPO 98

Globalization Partners

NOVEMBER 14, 2022

This was an increase of 115 percent against 2020. To accomplish this, companies need to hire talent abroad more efficiently. Compliance is always an obstacle, with companies weary of the headaches that different laws and regulations can bring. And the French indeed appear to be on track to crack this tech target.

Government 98

Government Administrative Research Cybersecurity 98

NoonDalton

FEBRUARY 14, 2022

One thing that stays constant is that it’s the most effective way for eCommerce businesses to save time, save money, and become more efficient. We can pinpoint the exact date that changed the eCommerce landscape forever: March 11, 2020. Hiring employees tends to be complicated by red tape, rules, and regulations.

Outsourcing 98

Outsourcing Out-Tasking Retail Jobbing 98

Mercans

AUGUST 16, 2021

million in 2020. As well as this, many administrative tasks can be performed more efficiently, which will also lead to cost savings for the employer company. You will need to make sure that your chosen PEO is certified in the tax laws and regulations of relevant countries and bodies. million by 2027, up from $511.5

Administrative 94

Administrative Payroll Out-Tasking Human Resources 94

Globalization Partners

MARCH 22, 2022

As of tax year 2020, companies that pay independent contractors more than US$600 in a year need to file Form 1099-NEC and give the contractors a copy of that form. Before 2020, companies gave contractors a copy of Form 1099-MISC at the end of the tax year. Is there a deadline to collect a W-9 form?

Banking 98

Banking Payroll Accounting Regulations 98

VXI

MAY 25, 2021

As most of the transactions shifted online and employees’ welfare became paramount, errands over the internet and working-at-home became the new norm in 2020 and 2021. Advanced analytics software Statistica , reported a 16% increase in sales in the US around Q2 of 2020. Information is made available almost everywhere.

E-Commerce 52

E-Commerce Sales Regulations Automation 52

IBM Services

JANUARY 25, 2024

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. trillion, up from USD 864 billion in 2019 to 2020.

Inventory Management 78

Inventory Management Supply Chain Management Energy & Utilities Manufacturing 78

IBM Services

OCTOBER 9, 2023

The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%. Regulatory Compliance : Just like healthcare organizations, medical device manufacturers must adhere to strict regulatory guidelines, such as the FDA’s Quality System Regulation (QSR).

Risk Management 82

Risk Management Risk Management Cybersecurity Management 82

Perficient Digital Transformation

JANUARY 24, 2023

B2B ecommerce has seen a monumental uptick since the 2020 pandemic. Today’s consumer is all about efficiency and effectiveness and when those things come with reduced costs- it seems everyone wins. Personalization in B2B means enabling each business buyer to do their job more efficiently.

Right-Sizing 69

Right-Sizing Sales Reduced Costs Manufacturing 69

Infosys Consulting

SEPTEMBER 14, 2021

trillion in 2020 to $39.9 billion in 2020, expanding at a Compound Annual Growth Rate (CAGR) of 23.9%. billion in 2020, expanding at a Compound Annual Growth Rate (CAGR) of 23.9%. Efficiency – After initiating an international transfer, funds move through multiple correspondent banks before reaching the recipient.

Banking 52

Banking Finance Regulations Government 52

IBM Services

SEPTEMBER 14, 2021

billion, up from $270 billion in 2020”. Fueled by the pandemic and changing business and customer needs, most organizations are now ready for chapter 2 , which focuses on regulated, complex and mission-critical workloads—most of which are incompatible with the cloud and require modernization. Why hybrid cloud?

Regulations 52

Regulations Sourcing Flexibility Management 52

Magellan Solutions

FEBRUARY 2, 2022

As the top call center country of the world , the Philippines continuously impress global leaders because of its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. Strong data security regulations. However, it is slower than the industry’s annual target of 8% until 2022.

Call Center 75

Call Center BPO Government Outsourcing 75

Magellan Solutions

AUGUST 19, 2021

With an expected CAGR of 45.23% between 2020 and 2027, the future of neo-banking looks very promising. . Stricter data regulations, the demand for innovation, the need for instantaneous information, optimal customer experience, and faster approvals. . The FCA in the UK is in the early stages of making the shift to Open Finance.

Banking 52

Banking Retail BPO Finance 52

inDinero

JULY 8, 2021

Also, federal and state agencies heavily regulate banks, credit unions, and other financial institutions. Regulated pot was valued at $11.3 billion in 2018 , and in 2020 nationwide sales of the herb increased 67% ($18 billion). Business banking is a relationship that should last the lifespan of your business.

Banking 69

Banking Accounting Regulations Government 69

Ivemsa

OCTOBER 19, 2021

However, working with a shelter company is one of the most cost-effective, efficient, and safest ways to get a project up and running. Tax and customs compliance are key areas where manufacturers face challenges as regulations change constantly. The language and specifics of changing regulations can become confusing and overwhelming.

Manufacturing 52

Manufacturing Administrative Regulations Out-Tasking 52

AS White Global

APRIL 25, 2022

In 2020, the global adoption rate of fintech products was 64%. The year 2020 saw an increasing shortage of fintech software engineers. To solve the recruitment and retention problems of fintech talent, companies are seeing the efficient values of leveraging offshore talent sources. Compliance to regulations.

Offshoring 52

Offshoring Cybersecurity Regulations Banking 52

IBM Services

OCTOBER 9, 2023

It can do this primarily by helping automate government services offered to citizens, as well as create greater efficiencies in how agencies communicate internally and with people who rely on public services. In this way, AI-enhanced automation and efficiency could help enable government agencies to serve as a hub for citizens.

Government 54

Government Service Call Center Regulations 54

Velocity Global

NOVEMBER 12, 2021

Between 2010 and 2020, business travelers registered an average of 450 million trips per year in the United States alone. hotel rooms in 2021, a 20% bump from 2020. However, analysts predict hotel business-travel revenue in 2021 will be $10 billion below 2020 levels. Business trips are therefore less efficient.

Payroll 52

Payroll Banking Regulations Marketing 52

Velocity Global

MARCH 18, 2021

2020 was a year of historic success for special-purpose acquisition companies (SPACs) in the United States. What is a SPAC—and Why Did They Flourish in 2020? . In 2020, SPACs secured over $83 billion in funding , surpassing the approximately $67 billion raised by IPOs. The outlook for SPACs is strong in 2021 and beyond.

Marketing 52

Marketing Flexibility Banking Finance 52

IBM Services

NOVEMBER 30, 2023

IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020. “We experienced a transformative impact on our business after implementing QRadar SIEM’s multi-tenancy solution.

Cybersecurity 70

Cybersecurity Regulations Sourcing Streamline Operations 70