Everest Group

OCTOBER 10, 2023

Procurement Outsourcing (PO) – Services Procurement Outsourcing (PO) providers are seen as strategic partners by organizations and are playing a critical role in helping them navigate the challenges posed by macroeconomic uncertainties and inflationary pressures by driving cost reduction and enhancing efficiencies.

Outsourcing 189

Outsourcing Service Sourcing Payroll 189

Everest Group

JULY 17, 2024

In personal lines, companies have begun offering green property insurance, which covers eco-friendly materials and energy-efficient upgrades following a loss, as well as discounts for hybrid or electric vehicle owners to encourage sustainable transportation choices.

Insurance 173

Insurance Risk Management Risk Management Regulations 173

Everest Group

MAY 21, 2024

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. These trends reflect the industry’s commitment to staying ahead in a competitive market. Contact us to learn more.

Insurance 162

Insurance Outsourcing Flexibility Risk Management 162

Everest Group

AUGUST 14, 2024

Herein, we delve into the current state of the private equity market, identify the strategic priorities reshaping PE firms’ approaches, and explore the transformative role of technology and service providers in this sector. The last 18 months presented a significant period of recalibration for the private equity market.

Collaborations 162

Collaborations Advisory Regulations Marketing 162

The Hackett Group

SEPTEMBER 10, 2024

Potential 63% Improvement in Procurement Operational Efficiency Revealed Miami, FL – September 10, 2024 – The Hackett Group, Inc. Optimizing and aligning CLM with processes like sourcing and risk management is critical to the successful operation of businesses of all sizes.

Software 116

Software Management Advisory Risk Management 116

Infosys Consulting

SEPTEMBER 25, 2023

As financial services institutions continue to seek a competitive advantage and strive to increase market share, the ability to leverage and monetize data has become a necessity in today’s hyper-competitive environment. References Markets and Markets. Data Monetization Market – Global Forecast to 2027.

Risk Management 52

Risk Management Risk Management Management Service 52

Groove Technology

NOVEMBER 15, 2024

Long-Term Cost Efficiency For companies planning extensive, ongoing development, investing in an in-house team may reduce the overall costs associated with recurring outsourcing fees. In markets with high demand for skilled developers, companies may face stiff competition and higher salary expectations.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Everest Group

MAY 24, 2023

Partnering with service providers will help insurers overcome barriers and improve efficiencies. The overall intermediary market is vast with nearly 500,000 licensed intermediaries registered in the US, according to the National Association of Insurance Commissioners (NAIC), and 12,000 insurance brokers registered in the UK.

Insurance 130

Insurance Risk Management Risk Management Analytics 130

Everest Group

MARCH 17, 2023

MGAs also are qualified to underwrite and bind coverage as well as perform customer support services, including policy issuance and claims management. Overall, more than 1,000 MGAs are in the US, and 250-plus operate in the UK, covering nearly 5-10% of the overall insurance market.

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

Everest Group

OCTOBER 4, 2024

These AI agents can analyze market trends, make rapid trading decisions, and adapt investment strategies in real time based on economic data and news events. Beyond trading, agentic AI could enhance risk management by autonomously identifying potential market disruptions or regulatory changes and adjusting exposure accordingly.

Banking 130

Banking Out-Tasking Service Automation 130

Everest Group

FEBRUARY 26, 2024

This deal holds the potential to significantly impact the banking and financial services (BFS) IT services market and providers. Read on to learn the looming risks and what to pay attention to. Discussions about increased regulatory scrutiny are emerging, as even the regional banking market is at the cusp of such transactions.

Banking 147

Banking Risk Management Risk Management Marketing 147

Perficient Digital Transformation

AUGUST 3, 2023

Institutions can use their data to tailor LLMs and maintain an acute pulse on their numbers, giving them an invaluable awareness of where they stand in the market against competitors.

Risk Management 19

Risk Management Risk Management Service Insurance 19

Perficient Digital Transformation

AUGUST 4, 2024

Azure Integration Services provide the scalability required to handle varying workloads, ensuring businesses adapt quickly to changing market conditions without compromising performance. Cost Efficiency Financial organizations can reduce IT overhead costs by integrating existing systems and leveraging cloud-based services.

Service 110

Service Banking Risk Management Risk Management 110

Everest Group

NOVEMBER 28, 2023

The Managing General Agent (MGA) sector is a bright spot in a turbulent insurance market. Technology investments and strategic partnerships will be key to redefining risk and driving innovation for these specialized insurance agents/brokers. The data provides a compelling sense that MGAs have a bright future ahead.

Insurance 147

Insurance Service Co-Sourcing Analytics 147

Groove Technology

MAY 7, 2024

India stands out as a premier choice for IT outsourcing Advantages of IT Outsourcing in India A Large Talent Pool of Professionals India's IT outsourcing market is bolstered by its vast reservoir of tech talent, making it a top destination for IT services outsourcing. Statista reports that out of the 27.7 million developers globally, 5.4

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Software 130

Obobo

JANUARY 12, 2023

What is Automated Vendor Risk Management? The use of technology to simplify and streamline vendor risk management processes has become a necessary part of business operations. Automated Vendor Risk Management (AVRM) is the practice of using technology to identify and mitigate third-party risks.

Risk Management 40

Risk Management Risk Management Automation Management 40

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. More information on The Hackett Group’s Market Intelligence Service is available at [link]. According to Ted A.

Finance 96

Finance Research Accounting Outsourcing 96

31 West

DECEMBER 1, 2022

ServiceNow ITBM (Information Technology Business Management) module is a set of tools that give the IT teams a clear view of their projects, investments, and finances. The data analytics reports allow you to cut costs, improve operational efficiency, and align your IT operations with organizational goals. ServiceNow SecOps Module.

Finance 130

Finance Software Risk Management Risk Management 130

NoonDalton

APRIL 1, 2024

As companies face growing pressure to innovate faster and operate more efficiently, tech solutions outsourcing emerges as a key enabler, offering access to cutting-edge technology and top-tier talent while managing costs effectively. As the new millennium unfolded, the landscape of tech outsourcing expanded further.

Efficiency 52

Efficiency Outsourcing Cybersecurity Right-Sizing 52

Everest Group

JULY 26, 2022

To measure the value delivered by a software product in a standard way, enterprises need to gauge the incremental improvement in efficiency (effort reduction, quality improvement), stakeholder experience (customer, partner, employees), and trust (security, compliance, ethics). Capturing trends through partners and market shifts.

Software 130

Software Right-Sizing Efficiency Collaborations 130

SIG Speaks

MAY 11, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Nathan Coffet discusses the process of updating a Third-Party Risk Management program and the benefits it can have. Could a different structure reduce duplication and increase efficiency?

Risk Management 40

Risk Management Risk Management Management Out-Tasking 40

Everest Group

AUGUST 25, 2023

Our survey of procurement professionals found the technology holds great potential to transform spend analytics and cost optimization while increasing efficiency and saving time. Almost all the procurement professionals surveyed stated that increased efficiency of procurement processes is seen as the major benefit of using GAI in procurement.

Analytics 130

Analytics Sourcing Out-Tasking Efficiency 130

Everest Group

NOVEMBER 16, 2022

Capital market firms are embracing green underwriting, while asset and wealth managers are steadily moving toward ESG investing. This has created a big opportunity for GBS organizations to move from being measured for their labor arbitrage and cost efficiency to the value they can deliver to enterprises.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

inDinero

SEPTEMBER 26, 2023

The Evolution of the CFO Role in SaaS Historically, CFOs were primarily responsible for financial reporting and risk management. By analyzing market trends and financial data, SaaS CFOs contribute to strategic planning, helping companies adapt and thrive in a competitive environment. SAAS Consultant or CFO?

Finance 98

Finance Risk Management Risk Management Analytics 98

Groove Technology

OCTOBER 1, 2024

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 McKinsey, adopting Agile methods can reduce software development costs by 20-30% while improving time to market by 20-25%.

Software 130

Software Reduced Costs Outsourcing Infrastructure Costs 130

Offshore India Data Entry

MAY 21, 2024

AI is being leveraged to automate repetitive tasks, enhance customer service, and provide valuable insights through data analytics.This is having a profound impact on the operational efficiency of BPO companies. Companies started outsourcing business tasks to BPO services providers to save costs and increase efficiency.

BPO 105

BPO Offshoring Data Entry Business Process Outsourcing 105

Perficient Digital Transformation

OCTOBER 24, 2024

As noted at the time by the OCC, advances in computing capacity, increased data availability, and improvements in analytical techniques have significantly expanded opportunities for banks to leverage AI for risk management and operational purposes. The evolution of electronic trading provides a valuable case study to consider.

Regulations 52

Regulations Service Banking Cybersecurity 52

Everest Group

JULY 7, 2023

With the increasing pressure from regulatory authorities, customers, employees, shareholders, and other market participants, insurance enterprises are striving to incorporate various aspects of sustainability into their business.

Insurance 130

Insurance Government Analytics Risk Management 130

Premier BPO

NOVEMBER 6, 2024

Strategic crisis management in such a situation safeguards the brand’s integrity and ensures long-term market relevance. Sometimes, internal pressure to innovate and speed up time to market can result in initially efficient shortcuts thatmay later reveal hidden flaws.

Outsourcing 130

Outsourcing Pharmaceuticals Customer Support Management 130

Amzur

JULY 18, 2024

By moving applications and infrastructure to the cloud, organizations can streamline their operations, reduce costs, and respond more quickly to market changes, thereby gaining a competitive edge. Risk Management Objective: Identify potential risks and develop mitigation strategies.

Risk Management 111

Risk Management Risk Management Cost Control Flexibility 111

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. The integration of generative AI in supply chain management holds immense promise for businesses seeking to transform their operations.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

Groove Technology

FEBRUARY 5, 2022

Companies that use or outsource DevOps processes have demonstrated that its principles can result in improved project visibility, increased development efficiency, simplified system configuration, optimized resources, and strengthened data security. Additionally, CI/CD enables the rapid deployment of new code with fewer risks.

Outsourcing 130

Outsourcing Collaborations Software Automation 130

Immedus

JULY 19, 2023

Globalization trends , such as hybrid work, clash with complications like geopolitical tension and shifting financial markets. Risk Management And Cybersecurity Global payroll providers can centralize and streamline data by moving it onto the cloud. Interested in learning more? We’d love to chat!

Payroll 52

Payroll Marketing Cybersecurity Risk Management 52

Offshore India Data Entry

FEBRUARY 19, 2024

BPO focuses on delegating specific back-office tasks, like payroll processing or customer service, with the goals of reducing costs and improving efficiencies. Objective and Focus Business Process Outsourcing (BPO) and Business Process Management (BPM) are distinct strategies with divergent objectives and focus.

BPO 111

BPO Outsourcing Business Process Outsourcing External Service Provider 111

Groove Technology

SEPTEMBER 26, 2024

Many businesses today, from SMEs to large enterprises, are under increasing pressure to deliver innovative software solutions that meet market demands and customer expectations. Software development is key to business success, but managing this process internally often comes with significant challenges in terms of cost, time, and resources.

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

Amzur

SEPTEMBER 10, 2024

In today’s rapidly evolving business landscape, CIOs and CTOs face significant challenges in meeting the demands for innovation, efficiency, and exceptional customer experience. It’s crucial to understand how and where to implement AI tools across the organization to drive productivity and success while managing costs effectively.

Robotics Process Automation 104

Robotics Process Automation Cybersecurity Analytics Government 104

Everest Group

APRIL 3, 2024

Conduct an internal risk assessment: This can help identify and prioritize assets most impacted by a quantum computer cryptographically, thus exposing the organization to greater risk. How can service providers help enterprises navigate the PQC era effectively and efficiently?

Cybersecurity 182

Cybersecurity Research Banking Collaborations 182