31 West

JANUARY 12, 2023

Already, analysts project that by 2025 19% of adult citizens in the US will be Neobank customers. Digitalization also lowers operating costs, making financial institutions more profitable over time as artificial intelligence and automation processes, among other things, have reduced the need for a large workforce.

Banking 130

Banking Finance Automation Human Resources 130

Groove Technology

OCTOBER 1, 2024

Outsourcing has emerged as an effective solution, helping businesses save significantly on costs through access to cheap human resources, reducing operating costs and increasing work efficiency. According to a study by Deloitte, companies can save up to 60% of operating costs through outsourcing.

Software 130

Software Reduced Costs Outsourcing Infrastructure Costs 130

Amzur

JULY 18, 2024

of expenditures on application software by 2025, up from 57.7% By moving applications and infrastructure to the cloud, organizations can streamline their operations, reduce costs, and respond more quickly to market changes, thereby gaining a competitive edge. Identify key performance indicators (KPIs) to track progress.

Risk Management 111

Risk Management Risk Management Design Cost Control 111

Everest Group

DECEMBER 2, 2021

Along with this richness in thinking come tangible financial benefits beyond lower operational costs. Company initiatives – Accenture is making progress toward its goal of having a “gender-balanced” workforce by 2025 and Mphasis is creating an Alumni Club to gradually integrate second-career women back into their offices.

Impact Sourcing 130

Impact Sourcing BPO Sourcing Business Process Outsourcing 130

The Scalers

NOVEMBER 20, 2024

Getting great value for money Offshore software development is a hiring and engagement model known for its cost-effectiveness. Organisations that go offshore not only reduce operational costs but also hire high-quality talent for a fraction of what they’d pay in their home countries.

Offshoring 82

Offshoring Software Engineering Nearshoring 82

Hyland

JUNE 23, 2022

million in 2025. million in 2021 to 4 million in 2025 — an explosive 185% increase in the need for developers. The worldwide shortage of full-time developers will increase from 1.4 million in 2021 to 4.0 IDC [link]. Citizen development.

Robotics Process Automation 98

Robotics Process Automation Finance Human Resources Out-Tasking 98

IBM Services

DECEMBER 21, 2023

According to studies quoted by Deloitte , it is estimated that AI and machine learning will contribute to a 37% increase in labor productivity by 2025. Boston Consulting Group estimates reshoring will add 10-30% in costs versus offshoring.

Manufacturing 84

Manufacturing Automation Out-Tasking Jobbing 84

Capgemini

SEPTEMBER 4, 2024

The market for sustainable technology is experiencing unprecedented growth, driven by several compelling factors: Economic benefits : Sustainable technology delivers cost savings and operational efficiencies. McKinsey reports that companies adopting sustainable practices can reduce operating costs by up to 60%.

Operational Costs 52

Operational Costs Regulations Research Reduced Costs 52

IBM Services

MAY 12, 2023

Its aggressive sustainability goals included achieving net zero emissions by 2050, making all packaging reusable or recyclable by 2025 and investing more than USD 3 billion globally over several years to drive momentum.

Right-Sizing 78

Right-Sizing Managed Services Design Accounting 78

Paysquare

NOVEMBER 15, 2024

The Global Payroll Management Institute also states that outsourcing payroll can bring down the administrative cost by 18%. Businesses that outsource payroll save an average of 18% annually in operational costs, EY says. Payroll outsourcing companies in India offer cost-effective solutions according to businesses of all sizes.

Payroll 52

Payroll Management Out-Tasking Administrative 52

Paysquare

NOVEMBER 15, 2024

The Global Payroll Management Institute also states that outsourcing payroll can bring down the administrative cost by 18%. Businesses that outsource payroll save an average of 18% annually in operational costs, EY says. Payroll outsourcing companies in India offer cost-effective solutions according to businesses of all sizes.

Payroll 52

Payroll Management Out-Tasking Administrative 52

Paysquare

NOVEMBER 21, 2024

High Operational Costs: Any manual process takes more manpower to manage. Overhead costs for that increase as well. Gartner Finance states that manual financial operations increase labor costs by 40%. Savings in Cost: The manual tasks automated help companies decrease labour and error-related cost increases.

Accounting 52

Accounting Automation Finance Data Entry 52

Capgemini

OCTOBER 7, 2024

Capgemini is at the forefront of this effort with a net-zero strategy, which includes transitioning our global data centers to 100% renewable energy by 2025. For example, Capgemini helped a global retailer reduce carbon emissions by 40% by migrating to the cloud and optimizing IT infrastructure, saving $80 million in operational costs.

Reduced Costs 52

Reduced Costs Retail Design Operational Costs 52

VXI

JANUARY 11, 2022

While e-commerce requires a devoted team, web development, and additional operational costs, Social Commerce is considered more start-up friendly as it is more economical and engaging for consumers. The Statista Digital Market Outlook also estimates that by 2025, retail commerce revenue will increase to 563.4

E-Commerce 52

E-Commerce Retail Business Process Outsourcing Operational Costs 52

Influx

AUGUST 18, 2022

billion USD between 2020 and 2025. Businesses choose to outsource for a number of benefits including the opportunity to focus on core competencies, save time and effort, lessen operational risks when expanding or scaling, and cut labor and operational costs.

Outsourcing 52

Outsourcing Business Process Outsourcing Call Center Sales 52

3Pillar Global

JANUARY 4, 2024

Second, technological inefficiencies drive inefficiencies in human processes, which then increase operating costs. First, it impedes your organization’s ability to receive and process payments, thereby limiting the impact of new revenue streams.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Paysquare

FEBRUARY 22, 2025

Also Read: Union Budget Update: 1st February 2025 Advantages of Automating Payroll Processing 1: Improved Accuracy and Error Reduction Manual payroll calculations are prone to errors, leading to incorrect salary payments and tax deductions. This reduces compliance risks and enhances employee satisfaction.

Payroll 52

Payroll Regulations Automation Administrative 52

Magellan Solutions

AUGUST 19, 2021

Artificial intelligence and technological advancements will render better management of banking services executed at lower operational costs. On average, a digital bank with decent technological processes is operating at a 10-15% lower cost-to-income ratio as compared to traditional incumbent banks. AI for Data Analytics.

Banking 52

Banking Retail BPO Finance 52

Globalization Partners

APRIL 8, 2022

The ultimate goal of the agreement is for nearly all tariffs to be lifted by 2025. Your company will need to make adequate profits to cover the costs of new office spaces, transportation, equipment, and professional services. You might research operating costs in several countries, as prices differ depending on location.

E-Commerce 52

E-Commerce Pharmaceuticals Manufacturing Research 52

CDS

OCTOBER 26, 2021

This underutilized space, and cost burden, ultimately hits the bottom line and organizations are increasingly focused on data center consolidations and associated relocations to realign data center strategy with the new workload reality. “By

Right-Sizing 52

Right-Sizing Automation Out-Tasking Reduced Costs 52

Premier BPO

MARCH 20, 2025

The Revenue Growth Challenge in 2025 Economic uncertainty and rapid industry shifts in 2025 require businesses to remain flexible and cost-efficient. However, managing in-house back-office operations presents challenges, from high overhead expenses to talent shortages and outdated processes.

Outsourcing 130

Outsourcing Service E-Commerce Reduced Costs 130

31 West

DECEMBER 18, 2024

Cost Efficiency Not at the Expense of Quality Outsourcing allows companies to reduce operational costs without compromising the quality of services. The post Type Of Call Centers For Businesses in 2025 appeared first on 31West:

Call Center 130

Call Center Outsourcing Customer Service Customer Support 130

Groove Technology

MARCH 14, 2025

When searching for the best PaaS providers, organizations often struggle to determine which platform best suits their specific needs, how different providers compare in terms of features and pricing, and how to evaluate the total cost of ownership across various options.

Engineering 130

Engineering Flexibility Right-Sizing Efficiency 130

Groove Technology

MARCH 14, 2025

This comprehensive analysis demystifies the advantages of IaaS cloud computing, examining nine key benefits that directly impact business operations and growth, including comparisons with SaaS and PaaS models. IaaS also enables rapid deployment of AI models, driving innovation and reducing operating costs.

Flexibility 100

Flexibility Regulations Efficiency Marketing 100

Groove Technology

MARCH 14, 2025

This comprehensive analysis demystifies the advantages of IaaS cloud computing, examining nine key benefits that directly impact business operations and growth, including comparisons with SaaS and PaaS models. IaaS also enables rapid deployment of AI models, driving innovation and reducing operating costs.

Flexibility 100

Flexibility Regulations Efficiency Marketing 100

Groove Technology

MARCH 14, 2025

This comprehensive guide addresses these challenges by examining the top 8 PaaS tools for 2025, focusing on essential features that drive successful cloud environment development. Top 8 PaaS Tools for Cloud Development in 2025 In 2025, we will explore the leading PaaS tools for cloud development, highlighting their key features.

Service 100

Service Flexibility Engineering Analytics 100

Everest Group

FEBRUARY 27, 2025

Payments enterprisesfrom issuing and acquiring banks to PayTechs and card networksare increasingly looking to BPS providers as strategic partners to help them navigate complexity, tame operational costs, and power new revenue streams.

Banking 130

Banking Co-Sourcing Regulations Selective Outsourcing 130

Everest Group

MARCH 20, 2025

If you found this blog interesting, check out our The Top 10 Predictions That Will Revolutionize CXM In 2025 | Blog – Everest Group , which delves deeper into another topic regarding CXM. The question now is how quickly businesses will adapt and integrate these innovations into their CX strategies.

Co-Sourcing 147

Co-Sourcing Automation Efficiency Customer Service 147

Metasource

OCTOBER 28, 2024

Let’s explore the eight best practices that can help your business thrive in 2025. The post 8 Accounts Payable Automation Best Practices in 2025 appeared first on MetaSource. Doing so will allow you to streamline workflows, reduce errors, boost efficiency, and avoid being left behind.

Accounting 52

Accounting Automation Data Entry Labor Costs 52

Unosquare

FEBRUARY 4, 2025

Key DevOps Trends for 2025 Business-Level Strategy and DevOps Alignment This is not a bold prediction when we say that, in 2025, DevOps will continue it’s role as a fundamental aspect of business-level strategy, ensuring alignment between operational capabilities and overarching corporate goals.

Nearshoring 52

Nearshoring Right-Sizing Outsourcing Collaborations 52

The Hackett Group

APRIL 8, 2025

42% of GBS organizations piloted Gen AI in 2024, driving productivity and cost savings MIAMI April 8, 2025 The Hackett Group , Inc. Leaders expect to accelerate Gen AI deployment within nearly every GBS function in 2025, with the most activity in finance, information technology, human resources and procurement shared services.

Advisory 59

Advisory Human Resources Shared Services Global Business Services 59

Everest Group

FEBRUARY 25, 2025

Unexpected operational costs Many GCCs start with aggressive cost-saving targets, but later face unanticipated expenses: real estate, compliance, cybersecurity, and operational inefficiencies. Hidden costs (or underestimated costs) can also erode cost advantages within 35 years.

Government 130

Government Offshoring Right-Sizing Labor Costs 130

Groove Technology

JANUARY 15, 2025

Industry forecasts suggest that by 2025, more than 80% of development projects will incorporate AI tools, reflecting the growing demand for development speed, superior quality, and cost efficiency. By 2025, projections indicate over 80% of development projects will include AI-driven tools.

Software 130

Software Analytics Engineering Automation 130

Capgemini

FEBRUARY 24, 2025

Driving increased efficiency and business growth through data mastery with ADMnext for Data by Capgemini David McIntire February 24, 2025 Facebook Linkedin Understanding how company data strategies have evolved, as well as established a baseline of the impact of generative AI (Gen AI).

Efficiency 52

Efficiency Engineering Automation Research 52

Perficient Digital Transformation

FEBRUARY 5, 2025

In 2025, communications, media, and entertainment companies are continuing to focus on shared goals and strategies to drive innovation, improve customer experience and reduce operating costs.

Service 52

Service Advisory Research Operational Costs 52

Planergy Software

MARCH 19, 2025

Download Free Copy Supplier Management in Education: Best Practices for Success Category Vendor Management Written by Rob Biedron 15 min read Tags Education Supplier Relationship Management Last edited March 19, 2025 Download PDF KEY TAKEAWAYS The education sector has to be more strategic about procurement decisions.

Management 52

Management Out-Tasking Supply Chain Management Accounting 52

Paysquare

FEBRUARY 22, 2025

Also Read: Union Budget Update: 1st February 2025 Advantages of Automating Payroll Processing 1: Improved Accuracy and Error Reduction Manual payroll calculations are prone to errors, leading to incorrect salary payments and tax deductions. This reduces compliance risks and enhances employee satisfaction.

Payroll 40

Payroll Regulations Automation Administrative 40