Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

IBM Services

FEBRUARY 13, 2024

While this is a cost reduction tactic for the business, a lower product or service price can translate to better prices for customers, yielding a competitive advantage. Specific types of sourcing minimize costs in different ways. Near-sourcing, in addition to lowering emissions, also cuts transportation costs and delivery times.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Akorbi

SEPTEMBER 22, 2022

To achieve this certification, Akorbi demonstrated a systematic and documented approach to protecting and managing sensitive information, including intellectual property, employee and customer data, and financial information entrusted by third parties. One of the largest U.S.-based,

Business Process Outsourcing 52

Business Process Outsourcing Regulations Reduced Costs BPO 52

AS White Global

JULY 7, 2022

From conducting business using cloud-computing platforms and developing software programs for specific needs to providing cybersecurity and employing AI for automated functions, plus a myriad of applications. In fact, based on a 2021 Deloitte study, IT is now the leading industry for outsourcing. Scalability of services.

Offshoring 52

Offshoring Service Cybersecurity Human Resources 52

SIG Speaks

NOVEMBER 30, 2021

Join your sourcing, procurement, and risk management colleagues in this two-hour interactive virtual environment to be challenged with topics related to our industries! Procurement leaders worldwide are striving to drive operational efficiency and reduce costs in the new normal. register now. . Power Hour Webinars.

Sourcing 40

Sourcing Business Process Outsourcing Automation Reduced Costs 40

Planergy Software

SEPTEMBER 10, 2021

As with contract and negotiation costs, the need for specialized staff and a significant time commitment for complex or especially large transactions must be carefully weighed against the pricing and terms offered by the supplier. Inventory brokerage costs are associated with outsourcing inventory management.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59

Obobo

DECEMBER 17, 2021

Stakeholders are able to estimate whether their cost-reduction and saving tactics are effective once they have this information at their fingertips. To be successful with savings tracking, most businesses have to do four things: Reduce costs Risk management Creation of new services or products to increase turnover Increase cash flow.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They don’t just lead the finance team or spearhead initiatives to reduce costs. The result?

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Metasource

MARCH 1, 2022

Facilitating transformation in the truest sense, today’s solutions incorporate e-forms, workflow automation, and content management platforms to eliminate manual tasks, enhance public service responsiveness, and create measurable internal operational efficiencies. Risk management. Human resources and accounts payable .

Government 52

Government Robotics Process Automation Human Resources Automation 52

Planergy Software

DECEMBER 16, 2021

The most effective spend management plans offer real-time analytics and data insights to make it easier for you to make better decisions, so you can reduce costs, but still produce value. How Spend Management Improves Procurement. Using automation can help make this easier because it can help eliminate duplication.

Management 52

Management Inventory Management Supply Chain Management Finance 52

Planergy Software

SEPTEMBER 12, 2023

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52