article thumbnail

Third-Party Contract Benchmarking in Outsourcing: Going Beyond Cost optimization to Drive Transformation | Blog

Everest Group

This ensures that the organization is getting the best value for money, without compromising on quality or strategic alignment Informed decision-making : Outsourcing contracts often involve complex and multi-faceted arrangements. Reach out  to discuss this topic in depth. The reason was a provider-biased cost of living (COLA) clause.

article thumbnail

Buyer Reality Check: Are Your Outsourcing Suppliers Bringing You Value? | Blog

Everest Group

Over years of tracking outsourcing demand patterns and service provider performance, Everest Group has noted a persistent trend: value from outsourced services often falls short of organizations expectations. Despite long-term engagements, organizations frequently find inadequacies in services delivered by their suppliers.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Mega Deals to Micro Wins: The Changing Face of IT-BP Deals | Blog

Everest Group

The market was buzzing with large deals and, occasionally, mega deals, signaling a period of confidence in large-scale outsourcing. Our analysts explore the driving forces in this latest blog: Reach out to discuss this topic in depth. This dip has prompted enterprises to rethink their outsourcing strategies. in 2021 to 4.8

article thumbnail

Payments BPS for Conventional and Emerging Buyers: Meeting Evolving Needs in a Real-Time Payments World | Blog

Everest Group

Simultaneously, new buyer segments ranging from healthcare providers to travel platforms are emerging, bringing fresh opportunities and unique outsourcing requirements. Historically, much of this outsourcing centered on Financial Crime Compliance (FCC) processes (e.g., KYC, AML, sanctions screening), but the scope is widening.

Banking 130
article thumbnail

Medical Billing Outsourcing: Is It the Solution to Rising Costs?

Premier BPO

Outsourcing firms specialize in medical billing and coding, ensuring compliance with ever-evolving healthcare regulations like HIPAA. This blog explores whether medical billing outsourcing can effectively address these pressures and what healthcare leaders should evaluate when considering this shift as part of a broader financial strategy.

article thumbnail

The Great Debate: Global Business Services Versus Outsourcing | Blog

Everest Group

During Shared Services & Outsourcing Week (SSOW), March 20-23, in Orlando, “The G6 BPO Debate” tackled thought-provoking and challenging questions associated with BPO’s impact on GBS. Are you entrenched in the ongoing battle between Global Business Services (GBS) and outsourcing? Reach out to us to learn more.

article thumbnail

Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 162