Tue.Oct 01, 2024

article thumbnail

Understanding the Different Types of Outsourcing for Custom Software Development

Groove Technology

Many companies face significant challenges in developing custom software in-house. These challenges include limited access to specialized talent, high costs associated with maintaining an internal development team, and the need to scale resources up or down quickly based on project requirements. Additionally, staying current with the latest technologies and best practices can overwhelm businesses focused on their core competencies.

Software 130
article thumbnail

The Role of Database Management in Becoming a Data-Driven Organization

Premier BPO

It is estimated that poor data management costs businesses, on average, $15 million in losses. 1 Most losses come from unproductive time correcting errors, like purging bad data. A company’s bottom line could be significantly boosted if it used its time better. The exponential rise in data has posed a significant challenge in handling such volumes.

professionals

Sign Up for our Newsletter

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

article thumbnail

A Complete Guide to Nearshore Software Development Outsourcing in 2024

Groove Technology

Nearshore software development outsourcing , a key component of software development outsourcing, involves delegating software development tasks to teams in neighboring countries. This approach offers a balance between cost-effectiveness and operational efficiency, typically saving companies 20-30% on development costs compared to onshore options. The model provides significant benefits, including real-time collaboration due to time zone alignment, cultural affinity, access to skilled talent poo

article thumbnail

CMO Leadership Summit – Fall 2024

SEBPO

CMO Leadership Summit Total 0 0 0 0 October 6-8, 2024 Chicago, IL CMO Leadership Summit At the CMO Leadership Summit , attendees will explore critical strategies for driving business success. A few of those include enhancing customer experiences, leveraging AI to optimize marketing efforts, utilizing data and analytics to deepen engagement, and creating scalable, high-performing revenue operations teams.

article thumbnail

The HR Leader’s Workforce Management Guide

In today’s fast-paced business world, effective workforce management (WFM) isn’t just an option—it’s a necessity.

article thumbnail

How to Reduce Software Development Costs: Proven Strategies for Cost Optimization

Groove Technology

Reducing software development costs is a top priority for many businesses in the context of increasingly fierce competition. 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
article thumbnail

Maximizing Value in Finance Transformations with S/4HANA | Webinar

Everest Group

Live Webinar Maximizing Value in Finance Transformations with S/4HANA October 1, 2024 | 9 a.m. CDT | 10 a.m. EDT | 3 p.m. BST | 7:30 p.m. IST With the forthcoming SAP support end deadline of December 2027, as well as the increasing promise of AI-driven technologies, enterprises have been moving rapidly from legacy to cloud solutions. In particular, SAP S/4HANA adoption could prove a game-changer for enterprise finance functions, given its central role in managing and analyzing financial data for

Finance 52

More Trending

article thumbnail

How to attract and retain green energy talent in remote areas of Australia

Airswift

Australia is on the cusp of a renewable energy revolution, with billions of dollars being poured into clean energy projects such as wind, solar, and hydrogen. However, as the clean energy sector grows, so too does the demand for skilled professionals. Attracting and retaining top talent, particularly in remote areas, is a challenge the industry must address head-on.

article thumbnail

Unlocking Global Talent: How Professional Services Firms Can Overcome Hiring and Compliance Hurdles

Globalization Partners

As professional services firms increasingly adopt global expansion to drive innovation, many encounter a host of challenges in new markets, including complex compliance regulations. Fortunately, all these challenges can be addressed by leveraging the strategic benefits of an Employer of Record (EOR).

Service 52
article thumbnail

AI Adoption in Finance Functions Soared in 2024

Perficient Digital Transformation

The buzz around AI’s potential to save time and boost efficiency has led many companies to quickly implement it in the workplace. While administrative functions like HR, legal, and procurement were early adopters, finance initially lagged behind. However, that’s no longer the case. “The adoption of finance AI by finance functions has increased significantly in the past year with 58% using the technology in 2024 – a rise of 21 percentage points from 2023 – according to a s

Finance 52
article thumbnail

Role of AI in Revolutionizing Customer Experience in the Utility Sector

Mattsen Kumar

In an era where customer expectations are soaring and technology is evolving at a breakneck pace, the utility sector stands at a pivotal juncture. Traditionally characterized by its essential yet somewhat static nature, the industry is now embracing a wave of innovation driven by Artificial Intelligence (AI). This transformation is not just about keeping up with technological trends; it’s about fundamentally reshaping how utilities interact with their customers and deliver services.

article thumbnail

We’re Here to Help! How to Navigate Your Top HR Priorities

Are you helping your people proactively plan for retirement? How are you prioritizing the mental health of your HR team? These are a few of the questions that HR professionals are seeking answers to today. Luckily, Gallagher’s consultants came together with four robust articles (and one infographic) that help address these pain points and provide you with proactive planning tips to help you simplify, personalize and create flexibility in your benefits offerings to help ensure your people thrive

article thumbnail

10 Best Practices for Implementing Salesforce CPQ in Your Organization

Perficient Digital Transformation

Imagine you’re leading a sales team, and every time a customer asks for a quote, your team has to dig through countless spreadsheets, emails, and product lists just to generate a simple price. Sounds stressful, right? That’s where Salesforce CPQ (Configure, Price, Quote) comes to the rescue! This tool is a game-changer for organizations looking to streamline the entire sales process.

Sales 52
article thumbnail

Application Management Services for Mid-market Enterprises PEAK Matrix® Assessment

Everest Group

Application Management Services for Mid-market Enterprises PEAK Matrix® Assessment Mid-market enterprises are increasingly outsourcing Application Management Services (AMS) due to macroeconomic uncertainty, accelerated competition, and growing IT complexities. They are turning to third-party providers to minimize the cost of maintaining application landscapes and increase productivity and business resilience through next-generation technologies such as generative AI and hyperautomation.

article thumbnail

Unlock Efficiency: How Salesforce CPQ’s Renewal and Amend Features Simplify Your Business

Perficient Digital Transformation

Imagine running a business where you offer subscription-based products. As your customer base grows, you begin to notice something slipping—renewal deadlines, contract complexities, and your sales team being bogged down with manual updates. Enter Salesforce CPQ (Configure, Price, Quote), a powerful tool designed to help businesses streamline the often-complex process of managing quotes, pricing, and contracts.

article thumbnail

Dreamforce 2024 Session Recap: Salesforce Success Roundtable

Perficient Digital Transformation

The Salesforce Success Roundtable at Dreamforce 2024, led by Chelsea Monda, Director of Salesforce Global Consulting , focused on strategies to maximize return on investment (ROI) and drive innovation using Salesforce. Here are the key highlights and insights shared during the session: Networking and Collaboration The session opened with an emphasis on networking, encouraging attendees to connect with industry peers, exchange best practices, and discuss common challenges in Salesforce implementa

article thumbnail

Why (and How) to Switch to a New HR & Payroll Platform

Speaker: Speakers:

HR and payroll impact every aspect of your business. Choosing the right provider is one of the most important decisions you’ll make. Before you decide, hear first-hand customer accounts in Paycor’s webinar to learn: The three most important things to look for when switching. How to begin your search. What are some of the red flags?

article thumbnail

FDIC Digital Sign Requirement Deadline Fast Approaching – Part 1 of 2

Perficient Digital Transformation

Just before Christmas in 2023, December 23, 2023, to be precise, the Federal Deposit Insurance Corporation (“FDIC”) Board of Directors gave a Christmas gift that was the equivalent of coal in their stocking. Since the 1930s, when the FDIC was founded as part of the New Deal, the black and gold official sign (shown below) displayed at bank branch teller windows has given bank customers confidence that their deposited funds are safe.

Banking 45