Perficient Digital Transformation

APRIL 12, 2024

Strict Data Privacy Considerations (HIPAA/PHI) : Payers must navigate complex data privacy laws, which add an extra layer of complexity to their operations. Need to Maximize Operational Efficiency : Inefficiencies in administrative processes, such as manual paperwork and redundant tasks, can drive up operational costs.

Healthcare 59

Healthcare Administrative Out-Tasking Operational Costs 59

Perficient Digital Transformation

OCTOBER 11, 2023

Strict Data Privacy Considerations (HIPAA/PHI) : Payers must navigate complex data privacy laws, which add an extra layer of complexity to their operations. Need to Maximize Operational Efficiency : Inefficiencies in administrative processes, such as manual paperwork and redundant tasks, can drive up operational costs.

Healthcare 59

Healthcare Administrative Out-Tasking Operational Costs 59

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

Perficient Digital Transformation

DECEMBER 14, 2023

One of the examples is managing the 12-b1 fees, which are marketing and distribution costs in mutual funds. These fees are often unclear and fluctuating, creating significant administrative burdens for firms managing multiple funds. This results in stronger supplier relationships, enhanced compliance and audit, and timely payments.

Automation 52

Automation Data Entry Out-Tasking Sourcing 52

Perficient Digital Transformation

DECEMBER 14, 2023

One of the examples is managing the 12-b1 fees, which are marketing and distribution costs in mutual funds. These fees are often unclear and fluctuating, creating significant administrative burdens for firms managing multiple funds. This results in stronger supplier relationships, enhanced compliance and audit, and timely payments.

Automation 52

Automation Data Entry Out-Tasking Sourcing 52

Magellan Solutions

MAY 23, 2022

Aside from the time and money saved, there are many perks in outsourcing, especially for small businesses like yours. Have professionals handle your day-to-day business tasks to reduce risks and save more than money. Time Saving. When your outsource staff, operational costs are included in the rates offered.

Outsourcing 40

Outsourcing Out-Tasking Reduced Overhead Administrative 40

NoonDalton

NOVEMBER 6, 2023

This could include completing online training, participating in virtual team meetings, or managing administrative duties remotely. For example, a retail worker might spend part of their time on the shop floor and part of their time handling online customer service inquiries.

Outsourcing 52

Outsourcing Flexibility Retail Jobbing 52