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. Cost optimization: Actuarial outsourcing optimizes costs by using offshore resources and the specialized expertise of external partners.

Insurance 162

Insurance Outsourcing Flexibility Risk Management 162

Perficient Digital Transformation

OCTOBER 25, 2024

Reduce costs associated with legacy technologies and systems.” Our solutions are uniquely tailored to reduce costs associated with maintaining legacy systems, helping businesses optimize their IT budgets while focusing on growth. Gain access to technical and transformational skills and capabilities.

Managed Services 64

Managed Services Management Service Reduced Costs 64

Everest Group

MAY 22, 2024

These providers bring a high degree of domain expertise and understand customer’s problems, and therefore, are best placed to deploy solutions using the latest technologies. I strongly believe that CXM service providers can thrive in this new market but need to embrace a new reality, which includes working hard in a number of areas.

Robotics Process Automation 173

Robotics Process Automation Right-Sizing Call Center Sourcing 173

Everest Group

MARCH 19, 2024

The research and innovation put into these architectures deliver solutions to problems that previously could not be solved due to classical computers’ limited computing capabilities. These issues highlight the ongoing hurdles in quantum computing’s path to widespread commercialization.

Supply Chain Management 147

Supply Chain Management Research Collaborations Reduced Costs 147

Everest Group

FEBRUARY 2, 2023

The banking industry is redefining itself through emerging technology that is improving products, customer services, and operational efficiencies. This can save money on transaction processing, leading to lower operating costs. Legacy banks and nations are now following the wave.

Banking 246

Banking Service Right-Sizing Automation 246

Influx

JANUARY 19, 2023

No matter the size of your business, you can benefit from operational efficiency in a myriad of ways. Topics of discussion: What is operational efficiency in business? How can small businesses benefit from improved operational efficiency? How can large businesses benefit from improved operational efficiency?

Efficiency 52

Efficiency Sales Reduced Costs Customer Support 52

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Everest Group

APRIL 10, 2024

These issues have reduced margins and escalated providers’ workloads. Research indicates that nearly 50% of providers witnessed an overall increase in denials in 2023 compared to the previous year, while patient collections sharply dropped to 47.8% in 2022 and 2023 from 54.8%

Management 147

Management Healthcare Robotics Process Automation Analytics 147

Premier BPO

MAY 8, 2023

As a result, many are proactively seeking ways to streamline their operations and reduce costs to avoid being caught off guard by a potential business crisis. By doing so, businesses can optimize costs, saving as much as 50% on in-house efforts.

Outsourcing 130

Outsourcing Business Process Outsourcing BPO Reduced Costs 130

Everest Group

JULY 13, 2023

From our analysis, the following key takeaways emerge: Product Development : GAI’s integration with data, analytics, and customer preferences empowers product development in retail and CPG, propelling innovative and efficient design processes. Use case : Walmart is harnessing GAI to develop efficient and sustainable supply chains.

Retail 130

Retail Inventory Management Sales Streamline Operations 130

The Hackett Group

MAY 30, 2024

Despite significant ongoing investment by service providers, AI and Gen AI services are still yet to reach their full potential in driving efficiency and enhancing user experiences within the MPHRO framework. MPHRO Digital World Class Matrices are part of The Hackett Group’s full 67-page research report.

Human Resources 52

Human Resources Research Outsourcing Reduced Costs 52

Magellan Solutions

APRIL 19, 2023

According to the HubSpot Research Trust Survey , companies with excellent customer service will have a 93% chance of getting repeat business. The benefits of hiring external customer service in insurance include reduced costs, increased efficiency, access to industry experts, and focus on the key duties of the company.

Insurance 98

Insurance Customer Service Outsourcing Service 98

Groove Technology

OCTOBER 1, 2024

According to a report by Grand View Research, the global KPO market is expected to reach $124.29 A report by Research and Markets predicts that the global professional services market will reach $8.5 Outsourcing can help small businesses reduce operational costs, increase efficiency, and focus on core competencies.

Software 130

Software Outsourcing Nearshoring Offshoring 130

Perficient Digital Transformation

JANUARY 24, 2025

From clinical decision support and real-time intelligence to operational excellence and resource optimization, GenAI can unlock previously unattainable levels of efficiency, accuracy, and personalization. This not only enhances operational efficiency but also reduces burnout and improves staff satisfaction.

Healthcare 52

Healthcare Supply Chain Management Resource Optimizing Research 52

Amzur

AUGUST 27, 2024

By combining these technologies, healthcare organizations can accelerate drug development, reduce costs, and improve patient outcomes. For instance, a leading pharmaceutical company reduced their protocol development time by 30% using a low-code solution.

Healthcare 103

Healthcare Automation Pharmaceuticals Reduced Costs 103

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

Perficient Digital Transformation

MARCH 21, 2023

Organizations that meet this demand are experiencing a range of benefits, but how does a company pivot to an inclusive approach successfully and efficiently? The report states, “A compelling inclusive design business case aligns to four categories of benefits: 1) increase revenue, 2) reduce costs, 3) improve resilience, and 4) build trust.”

Design 22

Design Right-Sizing Reduced Costs Research 22

Groove Technology

SEPTEMBER 27, 2024

Outsourcing software development has emerged as a powerful strategy for businesses seeking to enhance efficiency and innovation. Survey and Evaluate Potential Outsourcing Partners Researching potential outsourcing partners is a critical step in the process. Navigating these complexities requires a careful and strategic approach.

Software 130

Software Outsourcing Offshoring Right-Sizing 130

Groove Technology

JULY 2, 2023

Here are some key benefits: Increased Efficiency and Cost Savings Partnering with a business development outsourcing company allows organizations to tap into a pool of experienced professionals who possess a deep understanding of market dynamics, customer behavior, and industry trends.

Business Development 100

Business Development Outsourcing External Service Provider Sales 100

Groove Technology

OCTOBER 18, 2021

Learning must happen and be accessible anywhere for all learners to use a multilingual user interface that can be translated into any language, allowing you to focus on learning, researching and developing specific content tailored to the needs of the target country or market. The tools used during this time are prompt and convenient.

E-Commerce 200

E-Commerce Flexibility Analytics Right-Sizing 200

Magellan Solutions

MARCH 5, 2023

However, keeping up with the demands of digitization can sometimes lead to a sacrifice in productivity and efficiency, particularly when employees are reliant on traditional methods. Healthcare The healthcare industry is constantly evolving to meet the increasing demand for better and more efficient healthcare services.

E-Commerce 98

E-Commerce Out-Tasking Healthcare Administrative 98

Magellan Solutions

FEBRUARY 14, 2024

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. Improved customer service – Outsourced centers handle high call volumes extremely efficiently, reducing hold times.

Call Center 98

Call Center Healthcare Outsourcing Insurance 98

Groove Technology

JULY 27, 2023

With a rapidly growing demand for custom software development, outsourcing has proven to be a game-changer for companies looking to expand their technical capabilities, reduce costs, and accelerate time-to-market. Offshore development centers in countries with lower labor costs offer competitive rates without compromising quality.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

31 West

SEPTEMBER 26, 2022

Everyone seeks optimized productivity, increased efficiency, reduced costs, and enhanced profits. Digital transformation and cloud-based services have enhanced business efficiency, but at the same time, increased the need for cyber protection. We can notice a massive transformation in business processes these days.

Managed Services 130

Managed Services Management Service Sales 130

Amzur

SEPTEMBER 17, 2024

By leveraging low-code, healthcare organizations can accelerate development cycles, reduce costs, and increase agility in response to evolving patient needs. This approach could help increase access to mental health services and reduce the stigma associated with seeking mental health care. How Does Low-Code Development Work?

Healthcare 103

Healthcare Right-Sizing Reduced Costs Flexibility 103

Hyland

FEBRUARY 2, 2023

Today’s consumers demand fast and efficient digital channels to conduct financial transactions. BAI , a nonprofit that provides research, training and thought leadership in financial services, recently discussed key industry trends with Steve Comer. How can intelligent automation bring efficiency to the mortgage lending process?

Banking 91

Banking Automation Robotics Process Automation Insurance 91

Metasource

JUNE 22, 2021

Even small snags in timing on a day-to-day basis can cost significant amounts in lost revenue. In fact, according to the IDC market research firm , corporate revenues decrease by 20 to 30 percent each year due to inefficiency. The post 4 Ways to Lower Operational Costs and Increase Efficiency appeared first on MetaSource.

Operational Costs 52

Operational Costs Efficiency Software Automation 52

Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. MGAs are moderately capital efficient due to low setup cost, no legacy platform burden, quick monetization opportunity, and lean team setup. Read on to learn more.

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

Velocity Global

SEPTEMBER 24, 2020

Fielding expects continued economic uncertainty as markets try to recover from the impacts of COVID-19 and quoted research from companies such as PwC. The post Webinar: Finding HR Operational Efficiencies That Shorten Time to ROI in M&A Transactions appeared first on Velocity Global.

Efficiency 52

Efficiency Administrative Payroll Out-Tasking 52

Magellan Solutions

MARCH 13, 2024

Did you know companies embrace offshoring and outsourcing to improve efficiency and cut costs? Maximize cost savings and efficiency with this guide on strategic offshoring or outsourcing for small businesses and big players alike. By outsourcing, Amazon could access exceptional engineering talent at competitive costs.

Offshoring 105

Offshoring Outsourcing Out-Tasking Labor Costs 105

Influx

JUNE 3, 2022

According to a survey conducted by Pew Research Center, the majority of employees who quit a job in 2021 say low pay (63%), no opportunities for advancement (63%), and feeling disrespected at work (57%) were reasons why they quit. Reduce Costs. A record 4.5

Outsourcing 98

Outsourcing Jobbing Flexibility Reduced Costs 98

Groove Technology

AUGUST 7, 2023

By outsourcing their software development needs, businesses can leverage the expertise and experience of these companies while reducing costs and time-to-market. This expertise ensures that your custom software development project will be executed efficiently and according to industry best practices.

Software 130

Software Outsourcing Offshoring Nearshoring 130

NoonDalton

DECEMBER 13, 2021

So, we spend a lot of time figuring out each company’s pain points and processes to maximize the efficiency of the teams we put in place. . It could be significantly less expensive than expanding office space, and it is also more efficient and cost-effective than relocating. Established Company Types That Need Virtual Teams.

E-Commerce 97

E-Commerce Out-Tasking Outsourcing BPO 97

Influx

NOVEMBER 8, 2022

6 simple ways to cut eCommerce costs . If tasks have a high volume at scale or are repetitive, automating these tasks can help to avoid human error, save time, and reduce costs. while bringing down marketing costs by 12.2%. . Spend marketing funds efficiently . Reduce packaging costs.

Efficiency 52

Efficiency Out-Tasking Outsourcing Reduced Costs 52

Magellan Solutions

JUNE 21, 2023

By doing so, you can identify the strengths and weaknesses of your operations to enhance efficiency, productivity, and customer satisfaction. Step 2: Research And Identity Suitable AI-driven Outsourcing Opportunities Explore the landscape of AI technologies and outsourcing providers. Don’t hesitate to do this.

Outsourcing 98

Outsourcing Robotics Process Automation Selective Outsourcing Analytics 98