The Global Small Business Blog

NOVEMBER 7, 2023

©iStock/frikota Economic impacts on global trade date back a few years, suggests Anthony Landry, a Wharton adjunct full professor of finance and deputy vice dean of the Wharton MBA program.

Finance 272

Finance Efficiency 272

31 West

FEBRUARY 3, 2023

Here is a list of 6 Autotask features that can improve your business’ efficiency. Efficient Service Desk RMM Capabilities Mobile App Seamless Integration Knowledgebase Smart Dashboard 1. A fast and efficient help desk ensures that your SLA targets are met, and your clients are satisfied with your service.

Efficiency 130

Efficiency Software Automation Accounting 130

V-Soft Consulting

JUNE 1, 2023

Robotic process automation (RPA) has emerged as a crucial tool in the finance and accounting sector, playing a strategic role in streamlining operations. Ultimately this leads to improved work productivity, enhanced efficiency, higher ROI, and reduces costs and efforts.

Finance 98

Finance Accounting Robotics Process Automation Streamline Operations 98

Groove Technology

NOVEMBER 15, 2024

These projects support businesses in managing operations more efficiently and meeting their digital transformation goals. Cost Efficiency: Outsourcing software development offers significant financial benefits. Cost Efficiency: Companies report saving 30-40% on app development costs by outsourcing platform-independent projects.

Software 100

Software Outsourcing Cybersecurity E-Commerce 100

The Hackett Group

MARCH 14, 2023

Finance Looks to Technology to Mitigate Productivity and Efficiency Gaps MIAMI & LONDON, March 14, 2023 – Corporate finance leaders expect to remain focused on digital transformation in 2023 to address recession, inflation, geopolitical turmoil and talent shortages, according to the 2023 CFO Agenda research from The Hackett Group , Inc.

Finance 97

Finance Robotics Process Automation Advisory Research 97

The Hackett Group

JULY 13, 2023

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

Operational Costs 97

Operational Costs Finance Research Advisory 97

Premier BPO

MAY 30, 2024

Empires Outsource for Efficiency Outsourcing can be traced back to ancient civilizations. Similarly, in the burgeoning railway industry, companies would outsource the production of specific components like wheels or rails to specialized firms, ensuring faster and more efficient production.

Outsourcing 246

Outsourcing BPO Business Process Outsourcing Manufacturing 246

IBM Services

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 87

Finance Banking Regulations Advisory 87

Everest Group

APRIL 17, 2023

LIVE WEBINAR Continuous Modernization in an Era of Cost Efficiency: Perspectives for BFS Firms in APAC April 18, 2023 | 11 a.m. IST | 1:30 p.m. SGT | 2:30 p.m. JST | 3 p.m.

Efficiency 130

Efficiency Banking Outsourcing Sales 130

The Hackett Group

APRIL 13, 2023

NASDAQ: HCKT) today announced that its Market Intelligence Service has launched a new research project that will evaluate and rank finance and accounting outsourcing solutions providers. MIAMI & LONDON, April 13, 2023 – The Hackett Group, Inc. Over the last few years, the landscape has changed,” said Janssen.

Finance 96

Finance Research Accounting Outsourcing 96

Automation Anywhere

JUNE 15, 2022

Finance and accounting is one of the many corporate functions that is undergoing a digital transformation. Intelligent automation in the form of a Digital Workforce is not only enhancing the productivity and efficiency of finance professionals but also improving accuracy and increasing cash flow.

Accounting 145

Accounting Robotics Process Automation Finance Automation 145

IBM Services

DECEMBER 4, 2023

By implementing Oracle , one of the world’s leading enterprise resource planning (ERP) tools, organizations can transform their business processes and significantly increase operational efficiency. Using automation , Oracle can simplify routine tasks to increase operational efficiency.

Efficiency 77

Efficiency Supply Chain Management Human Resources Reduced Costs 77

Redial

SEPTEMBER 26, 2024

In an era where efficiency and innovation drive success, the automotive industry has found a strong ally in Business Process Outsourcing (BPO). Outsourcing key processes allows automakers and automotive suppliers to focus on core competencies while improving efficiency, cost management, and customer service.

BPO 130

BPO Supply Chain Management Call Center Reduced Overhead 130

Perficient Digital Transformation

NOVEMBER 29, 2023

The Core of Efficiency: Choosing the Right ERP Choosing the right Enterprise Resource Planning (ERP) system is critical for ensuring optimal efficiency and future growth of your business. The goal is to find an ERP system that seamlessly fits into your current operations and feels like a natural extension of your team’s workflow.

Finance 115

Finance Efficiency Manufacturing Software 115

Redial

MAY 30, 2024

The Impact of AI AI is everywhere—from virtual assistants like Siri and Alexa to more advanced applications in healthcare, finance, and education. In healthcare, AI aids in diagnostics, treatment planning, and personalized medicine, while in finance, it enhances fraud detection and algorithmic trading.

Business Process Outsourcing 130

Business Process Outsourcing Data Entry Healthcare BPO 130

Perficient Digital Transformation

OCTOBER 1, 2024

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. Why The Surge Now?

Finance 52

Finance Automation Analytics Administrative 52

Everest Group

DECEMBER 14, 2022

Looking back at the downturn in 2008, new FinTech trends emerged, including personal finance management (PFM), insurance aggregators and marketplace, robo-advisors, crowdfunding, challenger/neo/digital-only banks, and cryptocurrencies. Let’s explore the following FinTech trends on the horizon for 2023: Investors will push for profitability.

Banking 182

Banking Insurance Finance Advisory 182

Everest Group

JANUARY 2, 2024

Lending IT Services The lending industry is currently undergoing a significant transformation, propelled by the increasing demand for technological integration to enhance operational efficiency, user experience, and cost-effectiveness.

Service 147

Service Finance Banking Flexibility 147

Everest Group

FEBRUARY 2, 2023

The banking industry is redefining itself through emerging technology that is improving products, customer services, and operational efficiencies. Blockchain also is being used through Decentralized Finance (DeFi) and Decentralized Apps (DApps). Legacy banks and nations are now following the wave.

Banking 246

Banking Service Right-Sizing Automation 246

Premier BPO

JULY 16, 2021

Outsourcing Financial services is the process of moving certain Finance & Accounting functions within an organization to a specialized third-party vendor. are some of Outsourcing in Finance and Accounting services that can be sublet. Cost-Efficiency. F&A Outsourcing Benefits vs. Risks. Higher Quality and Standardization.

Outsourcing 130

Outsourcing Service BPO Finance 130

Mattsen Kumar

AUGUST 27, 2024

In the ever-evolving landscape of business finance, efficient account receivables management (ARM) remains crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. Conclusion Innovative account receivable management strategies are essential for transforming your business finances in 2024.

Finance 52

Finance Accounting Management Analytics 52

Intugo

NOVEMBER 27, 2024

Markedly, international markets are highly demanding environments that seek greater operational efficiencies than most types of business structures, which is one of the reasons Global Delivery Centers (GDCs) are becoming an increasingly attractive option for companies looking to optimize their service delivery.

Reduced Overhead 40

Reduced Overhead Nearshoring Efficiency Labor Costs 40

Automation Anywhere

MAY 6, 2022

The back office provides vital support and administration to the business and can help create service differentiation with business functions such as IT, HR, and finance. They can have a significant impact on back-office functions to bring about operational efficiencies: reduced cost, faster turnaround times, and increased productivity.

Automation 144

Automation Out-Tasking Human Resources Finance 144

Everest Group

MAY 14, 2024

The other two supports leverage best-in-class technology for efficient service delivery and workforce skill enhancement, contributing to its operational success. The company’s leadership has effectively instilled an ethos recognizing AI as an enabler.

Impact Sourcing 162

Impact Sourcing Sourcing E-Commerce Jobbing 162

inDinero

SEPTEMBER 25, 2024

In this article, you will learn the fundamentals of invoice factoring and accounts receivable financing. We will look at what is invoice factoring, what is accounts receivable financing and their key differences. We will also look at some of the benefits and drawbacks of both invoice factoring and accounts receivable financing.

Finance 52

Finance Accounting Banking Sales 52

Groove Technology

DECEMBER 16, 2024

Cost Efficiency One of the most compelling reasons for outsourcing agile software development is the significant cost savings it offers. Improved Operational Efficiency: With external teams managing high-quality software development, companies can streamline their internal operations, focusing on innovation and growth.

Software 100

Software Outsourcing Collaborations Flexibility 100

Everest Group

OCTOBER 7, 2023

Cost reduction has once again become the foremost reason for outsourcing, along with the pursuit of operational efficiency to achieve improved business results. Additionally, there have also been delays in decision making from key enterprise leaders for handing out transformational projects.

Insurance 162

Insurance Human Resources Payroll Outsourcing 162

31 West

JUNE 30, 2022

Employee expense management is an organized methodology for efficiently implementing an organization’s expense policy. It ensures employees receive their payments timely in an efficient manner. It ensures employees receive their payments timely in an efficient manner. Benefits of Employee Expense Management Tools.

Management 130

Management Finance Customer Support Software 130

Everest Group

MARCH 24, 2023

The provider financed licenses for CrowdStrike and Netskope, while the client financed licenses for other platforms such as Symantec and Palo Alto Networks. For more cybersecurity pricing tactics to increase contract efficiency and competitiveness, please reach out to rahul.gehani@everestgrp.com and ricky.sundrani@everestgrp.com.

Cybersecurity 130

Cybersecurity Event Management Finance Software 130

Planergy Software

MARCH 24, 2025

The wrong choice could ruin efficiency. Even those with limited computer knowledge or skills should be able to use the tool efficiently. Designed for growing organizations, it meets the needs of schools managing complex finances. Getting the staff to use it won’t be easy if it’s challenging to use.

Accounting 52

Accounting Software Payroll Administrative 52

Everest Group

FEBRUARY 9, 2023

Exploring ChatGPT trends beyond experience We were interested in understanding its impact beyond customer experience in other major areas such as back-office, content moderation, and finance and accounting , so we asked ChatGPT. Below is a summarized finding of how ChatGPT can revolutionize six key areas, according to the conversation.

Data Entry 130

Data Entry Supply Chain Management Out-Tasking Finance 130

Everest Group

FEBRUARY 27, 2024

Generative Artificial Intelligence (gen AI) is emerging as a game-changer in customer experience management (CXM) by offering the potential to personalize customer interactions, enhance operational efficiency, and provide a competitive edge. Don’t miss our LinkedIn Live, How Will Next-gen Technologies Be Financed in CXM Delivery?

Management 162

Management Out-Tasking Outsourcing Efficiency 162

Redial

AUGUST 7, 2024

These technologies streamline processes, improve efficiency, and reduce errors, enabling BPO firms to offer more sophisticated and cost-effective services. Advanced Technology Integration The adoption of AI, machine learning, and robotic process automation (RPA) is revolutionizing BPO operations.

BPO 130

BPO Robotics Process Automation E-Commerce Business Process Outsourcing 130

Groove Technology

DECEMBER 16, 2024

From improved collaboration to better resource utilisation, Agile is designed to help teams deliver high-quality products more efficiently. Efficient Resource Utilization Agile focuses on using resources more efficiently by breaking projects into smaller chunks that require fewer resources at each stage.

Right-Sizing 100

Right-Sizing Flexibility Collaborations Reduced Overhead 100

Everest Group

MAY 21, 2024

Potential impact on the GBS market: GBS encompass a wide array of activities, including IT services, back-office operations, finance and accounting, HR services, and more. Many multinational corporations leverage India’s skilled workforce and favorable business environment to establish their GBS centers in the country.

Global Business Services 162

Global Business Services Service Regulations Pharmaceuticals 162

Capgemini

NOVEMBER 4, 2024

Funding in the fast lane: How Gen AI accelerates automotive finance Matt Desmond Nov 4, 2024 Facebook Linkedin Seven ways the latest solutions in AI and machine learning revolutionize how auto dealers approach financing options A customer walks into your car dealership. Now it’s time to discuss financing options. Not anymore.

Finance 52

Finance Insurance Manufacturing Banking 52

NoonDalton

NOVEMBER 6, 2024

Managing finances can be one of the most time-consuming and challenging tasks for small to medium-sized enterprises (SMEs). Limited budgets, a lack of in-house expertise, and fluctuating operational demands can make efficient bookkeeping and financial planning seem out of reach. Ready to take control of your finances?

Efficiency 52

Efficiency Outsourcing Service Out-Tasking 52