November, 2014

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Enabling Agile Insurance Finance and Risk through Shared Services Part 2: A Global Platform for High Performance

Accenture Insurance

In my first post in this series, I looked at some of the challenges driving insurers to consider new resourcing models for their finance and risk functions. Now, I’ll look at how properly structured and implemented shared services can create a cost-effective and scalable global support platform for insurance finance and risk functions. We at…. Enabling Agile Insurance Finance and Risk through Shared Services Part 2: A Global Platform for High Performance.

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Steady Growth for Software Development in Asia Pacific

SourceFit

Asia-Pacific’s software development market is steadily growing due to strict regulations and more business processes requiring applications. The growth in software or application performance management (APM) is expected to continue as companies that use enterprise tools depend on high-quality and reliable apps. According to a study by global consulting firm Frost & Sullivan, the APM market will hit $1.4 billion in 2020, a significant increase from earned revenues of $379.9 million in 2

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Dutch Firm Partners with Philippine BPO for Game Development

SourceFit

Maata Games, a gaming company based in Arnhem, the Netherlands, is partnering with Philippine BPO (business process outsourcing) firm Next BPO Solutions Inc. (NBSI) to develop a new massively multi-player online game (MMOG). Called “Erectus,” the real-time strategy and browser-based game will be free to play by large numbers of people at the same time.

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Enabling Agile Insurance Finance and Risk through Shared Services Part 1: The Pressure is on for Insurance CFOs

Accenture Insurance

Low interest rates, increased competition, sales channel pressures, legacy technology and proliferating regulations are all putting insurers under pressure to reduce costs and increase operating efficiencies. In this blog series, I’ll examine how these challenges are creating an increasing need for insurers to access specialized finance skills and talent on a scalable, near-real-time basis.

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Navigating Payroll Compliance: Future-Proofing Payroll in an Evolving Regulatory Landscape

Speaker: Jennifer Hill

Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.

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Philippines Still the Fastest Growing Economy in ASEAN

SourceFit

This year, the Philippines is expected to be the fastest growing economy among the countries in the ASEAN, even as its collective GDP has slowed down from 5.2 percent in 2013 to 4.7 percent in 2014. The International Monetary Fund (IMF) maintained its 6.2 percent growth forecast for the Philippines in 2014 due to robust demand for goods and favorable policies. .

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Philippine Outsourcing Growth Drives MLA Office Market Gains

SourceFit

The growth of business process outsourcing in the Philippines and the expectation of rent increases in Singapore are the main drivers for the gains in the Manila office rental market according to CBRE’s latest regional office market report for Asia-Pacific (APAC). . The report showed that Manila’s Office Rental Index increased to 6.5 percent quarter-on-quarter.

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Global Healthcare IT Outsourcing to Reach $50B by 2018

SourceFit

The global healthcare information technology (HCIT) outsourcing market is expected to reach $50.4 billion in revenues by 2018 and a compound annual growth rate (CAGR) of 7.6 percent. According to the study, the healthcare systems, pharmaceutical and insurance segments are driving the growth and looking to reduce costs, access IT expertise, share risk, adopt new technologies and focus on their core business.

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US IT-BPMs Urged to Consider Outsourcing to the Philippines

SourceFit

Philippine ambassador to the United States Jose L. Cuisia urged information technology and business process management (IT-BPM) companies in America to consider outsourcing to the Philippines. During a networking event hosted by the Seven Seven Corporate Group and the Philippine Consulate General in New York, Cuisia told Fortune 500 and Wall Street executives in the tri-state area that the Philippines is an ideal location for contact and technical support services.

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Global Payroll Offshoring Expected to Grow 3.91% Until 2018

SourceFit

The global payroll offshoring and outsourcing industry is expected to hit 3.91 percent compound annual growth rate (CAGR) from 2013 to 2018, according to a recent analyst study published by Research and Markets. The report said that businesses all over the world see payroll outsourcing as a key strategy to stay relevant and competitive in an ever evolving market. .

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Next Wave Cities to Drive Philippine BPO Growth

SourceFit

“Next wave cities”? will drive the growth of the Philippines’ Information Technology-Business Processing Management (IT-BPM) and offshoring sector, according to Department of Science and Technology (DOST) secretary Mario Montejo. The so-called Next Wave Cities are expected to boost the industry’s revenue to $18 billion by the end of 2014.

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5 Ways You Can Win Faster with Gen AI in Sales

Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.

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Great Prospects for Global Healthcare IT Outsourcing

SourceFit

Information technology (IT) outsourcing and offshoring in the healthcare sector is going to accelerate amid regulatory and healthcare reforms, according to global management consulting firm Everest Group. Companies in the healthcare industry are being forced to reinvent their IT initiatives and processes due to consumers taking greater responsibility for health outcomes.