The Global Small Business Blog

SEPTEMBER 30, 2024

©iStock/Suphanat Khumsap What's affecting me, my clients, my colleagues and other global small business owners: The world has undergone a transformation in the structure of the global economy – known as "globalization." This commentary examines the why and how behind it all. The global economy's 200-year growth spurt – and what comes next. Quote of the week: “Globalization for a startup is exciting; you have to learn so fast about the different cultures of the world." – Adam Neumann Marriott Int

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Groove Technology

OCTOBER 1, 2024

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.

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Software Reduced Costs Outsourcing Infrastructure Costs 130

Everest Group

SEPTEMBER 30, 2024

In recent years, Global Capability Centers (GCCs) / Global In-house Centers (GICs) have experienced a remarkable surge in popularity amongst enterprises worldwide, with headlines frequently highlighting the establishment of new GCCs across various regions. In 2023 alone, over three hundred GCCs were set up in offshore and nearshore locations, and this trend is expected to continue in the near future.

Supply Chain Management 59

Supply Chain Management Collaborations Advisory Nearshoring 59

The Global Small Business Blog

OCTOBER 2, 2024

©iStock/Pharrel Williams WOW, lots happening in New York for small businesses interested in competing in the global marketplace! The Empire State Development (ESD) recently announced an expansion of Global NY's international presence, growing from 9 to 15 markets, with OCO Global hired to manage these offices. This expansion includes new representation in Australia, Japan, South Korea, Singapore, the United Arab Emirates, and Taiwan.

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Facing a hiring surge that feels like conducting a complex orchestra? Our guide is your roadmap to harmonious high-volume hiring. In it, you’ll learn: Strategies to maintain quality while hiring at scale The real math behind agency vs. in-house recruiting Secrets to a stellar candidate experience during hiring spikes Resource optimization techniques for stretched TA teams Don't let resource constraints or market pressures derail your hiring goals.

Resource Optimizing

Groove Technology

OCTOBER 1, 2024

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

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Nearshoring Software Outsourcing Offshoring 130

Airswift

SEPTEMBER 30, 2024

How to prepare for a virtual interview? Due to the global COVID-19 pandemic and social distancing measures, many industries are hiring online. According to research by Handshake, 89% of employers are conducting their job interviews online.

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The Global Small Business Blog

OCTOBER 4, 2024

©iStock/RightFramePhotoVideo Check out Broadway show tunes from the 1950s to the present at AccuRadio. The selections feature your favorite Broadway songs by legendary performers and today’s stars. Chill. For the world to enjoy. Many of the songs are curated by Bob Marovich (e.g., 2020s Broadway).

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Groove Technology

OCTOBER 1, 2024

Outsourcing software development for startups involves contracting external companies or professionals to handle software creation tasks. This strategy has become increasingly popular in the tech industry. The global software development outsourcing market is projected to reach $1.06 trillion by 2027, growing at a CAGR of 7.7% from 2020 to 2027. This approach offers numerous benefits for startups, including cost savings of up to 70%, access to specialized skills, accelerated time-to-market by up

Software 130

Software Outsourcing Nearshoring Offshoring 130

Amzur

OCTOBER 3, 2024

Automation has become essential for improving efficiency, reducing errors, and streamlining daily tasks. With the right tools and platforms, businesses can simplify complex processes and focus on what truly matters. In this context, NetSuite’s Scanned Vendor Bill feature emerges as a standout tool for businesses managing vendor transactions, drastically cutting down the manual effort traditionally needed for entering vendor bills into the system.

Efficiency 70

Efficiency Data Entry Out-Tasking Advisory 70

Premier BPO

OCTOBER 1, 2024

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.

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Management BPO Co-Sourcing Government 70

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

Payroll

The Global Small Business Blog

SEPTEMBER 28, 2024

©2024 Laurel J. Delaney. All rights reserved. "Candy is childhood, the best and bright moments you wish could have lasted forever.

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Groove Technology

SEPTEMBER 30, 2024

Many companies, especially SMEs and large enterprises, face increasing demand for software solutions to support their business operations. However, building and maintaining an in-house software development team can be costly and time-consuming. Software development outsourcing offers a flexible and cost-effective alternative. Despite its advantages, navigating the world of software development outsourcing can be daunting.

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Software Outsourcing Nearshoring Offshoring 130

Zinnov

OCTOBER 4, 2024

100 million users in just two months. This unprecedented rate of adoption isn’t describing the latest social media craze or mobile app phenomenon—it’s the astounding speed at which AI has permeated our digital landscape. Among the many use cases spread across Healthcare, Retail, and BFSI, Artificial Intelligence (AI) is emerging as an influential force in software development, with the potential to transform how we create, deploy, and maintain software.

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Software Cybersecurity Engineering Retail 52

Everest Group

OCTOBER 4, 2024

Artificial intelligence is evolving faster than a quarterly earnings report, and just when we’ve started to master generative AI , a new breakthrough is emerging: agentic AI! This isn’t just another buzzword to add to your corporate lexicon either—it’s a game-changer that’s set to redefine AI’s capabilities. Reach out  to discuss this topic in depth.

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Banking Out-Tasking Service Automation 52

Advertiser: Paycor

Diversity and inclusion are crucial for building a strong and innovative workforce. Discover how AI technology can revolutionize your hiring process and drive diversity in your organization. Explore over 10 ways AI recruiting tools can help you identify a wider pool of candidates, enhance communication strategies, and eliminate unconscious bias. Embrace the future of recruitment and create a more diverse and inclusive workplace with AI technology.

The Global Small Business Blog

OCTOBER 3, 2024

©iStock/aerogondo OpenAI announced a new advance from GPT-4 that signals a shift in approach—a model that can “reason” logically through many difficult problems and is significantly smarter than existing AI without a major scale-up. The new model, dubbed OpenAI o1, can solve problems that stump existing AI models, including OpenAI’s most powerful existing model, GPT-4o.

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Perficient Digital Transformation

OCTOBER 4, 2024

It’s 1099 season – is your ERP ready? It only takes a few simple steps to verify your data and make sure you are fully prepared to meet the IRS deadline to publish your 1099’s. Step 1: Validate that your “Reporting Entities” are setup, and that they have assigned “Balancing Segments” A reporting entity contains the federal reporting number.

Finance 52

Finance 52

SPD Load

OCTOBER 4, 2024

As of 2024, there are over 478 million websites powered by WordPress, making it the go-to content management system worldwide. With so. The post What Affects Your WordPress Plugin Development Cost: A Comprehensive Guide first appeared on SpdLoad.

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Everest Group

OCTOBER 4, 2024

Webinar Contingent workforce trends: The evolution of Services Procurement October 24, 2024 Join Everest Group’s Krishna Charan for an insightful discussion on the future of services procurement. The expert panel will explore how innovative companies are leveraging advanced vendor management system (VMS) capabilities to transform their SOW management, mitigate risks, and unlock significant value.

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The first report from Gallagher’s 2024 US Workforce Trends Report Series, includes data from 3,500+ employers who participated in the 2024 US Benefits Strategy & Benchmarking Survey. The report provides benchmarks for benefits, HR and people strategies to help organizations thrive. Organizations continue to rank retention as the top priority for HR, and second highest for operations.

Healthcare

Offshore India Data Entry

OCTOBER 4, 2024

The Philippines has gained recognition in recent times as a leading Offshore Business Process Outsourcing destination. Its energetic manpower, hospitable environment, and dedication to service quality have made the Philippines a place of convenience for operators planning to improve operations while minimizing costs. In this blog, we will explore the reasons behind the Philippines being the one-stop shop for outsourcing. 1.

Offshoring 52

Offshoring BPO Business Process Outsourcing Service 52

Microsourcing

OCTOBER 4, 2024

Hospitals and healthcare providers face a unique challenge in their mission to optimize costs – they must do so without compromising care. While all businesses should take the impact on quality into account when looking to save money, there is extra pressure for healthcare executives given the serious ramifications for their ‘customers’. Unlike a retailer, a decline in standards or increase in wait times can result in patients suffering physical harm or even death and, consequently, reputational

Healthcare 52

Healthcare Offshoring Efficiency Retail 52

SPD Load

OCTOBER 4, 2024

Booking a doctor’s appointment shouldn’t feel like a hassle, but for many, it still is. Nowadays, we expect convenience and simplicity in. The post Doctor Appointment App Development: Step-by-Step Success first appeared on SpdLoad.

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Healthcare 52

Perficient Digital Transformation

SEPTEMBER 30, 2024

Rich text editors are essential for many web applications, allowing users to format text, add links, and even insert media directly into their content. Quill.js is a powerful, customizable open-source editor that integrates seamlessly with modern frameworks like Vue.js. This tutorial will walk us through the steps to set up and integrate Quill.js in a Vue.js project to create a dynamic rich text editor.

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Advertiser: ZoomInfo

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

Marketing

Amzur

OCTOBER 3, 2024

Automation has become essential for improving efficiency, reducing errors, and streamlining daily tasks. With the right tools and platforms, businesses can simplify complex processes and focus on what truly matters. In this context, NetSuite’s Scanned Vendor Bill feature emerges as a standout tool for businesses managing vendor transactions, drastically cutting down the manual effort traditionally needed for entering vendor bills into the system.

Efficiency 52

Efficiency Data Entry Out-Tasking Advisory 52

Microsourcing

OCTOBER 4, 2024

Here is a statistic that shows how much the world has changed since we first heard the term ‘COVID-19’ – in early 2020, telehealth or telemedicine services accounted for less than 1% of outpatient encounters 1. While there were plenty of headlines about the future of healthcare, very few hospitals and health services had invested in technology that allowed patients to access care without commuting to a physical location.

Healthcare 52

Healthcare Accounting Service Cybersecurity 52

Metasource

OCTOBER 3, 2024

Accounts payable (AP) departments are under constant pressure to ensure timely and accurate payments, comply with policies and regulations, and safeguard against fraud. Many AP team’s best efforts to achieve these goals are hindered by manual data entry, frequent errors, and inefficiencies, leading to increased costs and delayed payment processing. Enter artificial intelligence (AI)-powered invoice processing automation: a game-changer for AP operations.

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Accounting Data Entry Automation Efficiency 52

Perficient Digital Transformation

OCTOBER 3, 2024

In today’s world, automation and self-service is all around us. From self-order tablets at restaurants to self-checkout lanes at grocery stores and self-check in kiosks at airports, the ability to complete tasks without requiring additional human assistance is incredibly valuable, saving both time and resources. For organizations utilizing ServiceNow as their IT Service Management (ITSM) platform, the ServiceNow Virtual Agent offers a powerful solution to streamline support and enhance the self-

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Service Out-Tasking Automation Analytics 52

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Can you guess why top-tier companies place such a high emphasis on diversity? Because a successful business mirrors the world around it. Diverse companies create empowering environments and are 35% more likely to financially outperform their peers. This new guide offers strategic insights to build a vibrant, diverse, and innovative workforce. Learn to assess your current workforce, understand demographics, and identify barriers to inclusivity.

Everest Group

OCTOBER 3, 2024

LinkedIn Live One Voice, Many Languages: Exploring Language Translation & Accent Neutralization Tech October 3, 2024 | 11:30 AM CDT | 12:30 PM EDT | 4:30 PM GMT | 10:00 PM IST An increasing demand for native language support and a growing volume of interactions is leading many enterprises to seek out innovative solutions for customer services. Prior approaches have included sourcing multilingual agents and setting up multilingual contact center hubs, but this is likely to be a costly method

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Customer Service Sourcing Marketing Service 52

V-Soft Consulting

OCTOBER 3, 2024

One of the most important departments in every business is the Human Resources (HR) department, which makes sure that their resources work towards the common goals of the company. However, regardless of the firm or industry, every employee is essential to accomplishing organizational objectives.

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Globalization Partners

OCTOBER 2, 2024

As your company expands across borders and boundaries, keeping track of employee performance can be challenging. Understanding your company’s Full-Time Equivalent (FTE) is key to evaluating how part-time and full-time employees are performing, allocating resources, and creating accurate project timelines.

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Perficient Digital Transformation

OCTOBER 3, 2024

The Evolving Landscape of Automotive QA In today’s automotive industry, QA is no longer an afterthought—it’s the foundation of everything we do. Vehicles have evolved far beyond simple machines into complex ecosystems of hardware, software, connectivity, and automation. With the rise of autonomous driving and electric vehicles, the intricacies of these systems have reached new heights, making quality assurance more critical than ever.

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Advertiser: G-P

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.

Global Hiring