Everest Group

NOVEMBER 16, 2022

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. These organizations are also focusing on workplace diversity , pay equity, and good governance structure to meet their ESG aspirations.

Sourcing 130

Sourcing Banking Global Business Services Out-Tasking 130

SIG Speaks

MAY 4, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate William Chanto Castro shares the tricks to overcoming the obstacles to meeting risk regulations and requirements. 9). The information required by the Regulator may come from different sources depending on the company.

Risk Management 76

Risk Management Risk Management Outsourcing Management 76

Obobo

DECEMBER 13, 2022

What is Third Park Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. By identifying risks early on, you can take steps to avoid them or mitigate their impact. Definition.

Risk Management 52

Risk Management Risk Management Management Insurance 52

Perficient Digital Transformation

OCTOBER 14, 2024

In today’s fast-paced business environment, efficient procurement processes are essential for maintaining a competitive edge. Organizations must manage a myriad of products and services, ensuring that they are sourced, purchased, and delivered efficiently.

Pharmaceuticals 52

Pharmaceuticals Manufacturing Strategic Sourcing Sourcing 52

SirionLabs

AUGUST 22, 2022

But are organizations truly well positioned to preempt and mitigate potential contracts risks before they negatively impact the bottom line? The Disconnect Between Contracting and Risk Management Surprisingly, knowledge of contract risk is limited among enterprises. We’d love to hear from you!

Risk Management 52

Risk Management Risk Management Management Analytics 52

SirionLabs

AUGUST 22, 2022

But are organizations truly well positioned to preempt and mitigate potential contracts risks before they negatively impact the bottom line? The Disconnect Between Contracting and Risk Management. Surprisingly, knowledge of contract risk is limited among enterprises. Rooting Risk Management in Smarter Contract Management.

Risk Management 52

Risk Management Risk Management Management Analytics 52

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 59

Strategic Sourcing Sourcing Risk Management Risk Management 59

Everest Group

AUGUST 14, 2024

Data analytics, artificial intelligence (AI), and machine learning are enhancing deal sourcing, portfolio management, and risk assessment. Digital transformation is enabling PE firms to improve operational efficiency, enhance decision-making, and drive value creation.

Collaborations 162

Collaborations Advisory Regulations Government 162

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. Companies large and small are increasingly digitizing and managing vast troves of data.

Efficiency 77

Efficiency Supply Chain Management Human Resources Reduced Costs 77

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

Everest Group

MARCH 17, 2023

According to a McKinsey report, 43% of top 100 Property and Casualty (P&C) insurers have at least one MGA relationship to source new premiums. MGAs are moderately capital efficient due to low setup cost, no legacy platform burden, quick monetization opportunity, and lean team setup.

Insurance 130

Insurance Robotics Process Automation Risk Management Risk Management 130

Everest Group

AUGUST 25, 2023

Integrating Generative Artificial Intelligence (GAI) into Source-to-Pay (S2P) processes can reshape procurement operations. Our survey of procurement professionals found the technology holds great potential to transform spend analytics and cost optimization while increasing efficiency and saving time.

Analytics 130

Analytics Sourcing Out-Tasking Efficiency 130

Perficient Digital Transformation

AUGUST 4, 2024

Cost Efficiency Financial organizations can reduce IT overhead costs by integrating existing systems and leveraging cloud-based services. By automating repetitive tasks and processes, financial organizations can increase efficiency, reduce errors, and allow employees to focus on more strategic activities that add value to the business.

Service 110

Service Banking Risk Management Risk Management 110

Obobo

AUGUST 31, 2022

How Does Strategic Sourcing Work? The aim of strategic sourcing is to ensure the timely delivery of goods and services in line with an organisation’s business objectives, while reducing supply chain risks and costs. How Does Strategic Sourcing Work? The benefits of strategic sourcing. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Sourcing Risk Management Risk Management 52

Obobo

DECEMBER 13, 2022

What is Third Party Risk Management? First, let’s start with understanding what risk management is. Risk management is the process of identifying, assessing, and controlling risks. Now that we have a general understanding of risk management, let’s talk about third party risk management (TPRM).

Risk Management 40

Risk Management Risk Management Management Insurance 40

Obobo

JULY 1, 2022

What Is Source-To-Pay (S2P)? Source-To-Pay Vs Procure-To-Pay. What Is Source To Pay (S2P)? An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. What Is The Source to Pay Process? Source to pay process: 1.

Sourcing 52

Sourcing Accounting Software Automation 52

Everest Group

MARCH 19, 2024

Adequate resources are crucial to ensure scalability, allowing Gen AI systems to manage increasing workloads efficiently. These can play a pivotal role in easing the efficient deployment, orchestration, and monitoring of AI models. Gen AI can generate content that is low in authenticity.

Government 147

Government Advisory Risk Management Risk Management 147

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. Enterprises: Large corporations seeking to streamline costs can utilize outsourcing to improve efficiency and reduce operational expenses.

Software 130

Software Reduced Costs Outsourcing Infrastructure Costs 130

SIG Speaks

JUNE 29, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Anna Sgro shares how adding procurement roles into third-party risk management systems can be a very effective contribution to your team.

Risk Management 40

Risk Management Risk Management Management Sourcing 40

Everest Group

FEBRUARY 26, 2024

Traditionally, acquisitions were an opportunity to enter new product lines and geographies, gain new capabilities, and achieve cost savings and operational efficiencies through technology modernization and streamlining processes and systems. BFS firms will need partners to devise modernization roadmaps to create long-term value.

Banking 147

Banking Risk Management Risk Management Marketing 147

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

NoonDalton

DECEMBER 4, 2023

Our commitment to impact sourcing isn’t just about meeting a quota or a superficial addition to our corporate social responsibility portfolio. Understanding Impact Sourcing Impact Sourcing is a transformative business practice that extends beyond the conventional boundaries of corporate social responsibility.

Impact Sourcing 52

Impact Sourcing Sourcing Government Advisory 52

Capgemini

AUGUST 12, 2024

Local energy: a source of opportunity and resilience in the US energy transition Claire Gotham Jul 4, 2024 Facebook Linkedin As we begin to move away from fossil fuels, the electrification of the US economy will be essential. This energy efficiency gain becomes particularly important when we look at the rise of AI.

Sourcing 52

Sourcing Cybersecurity Efficiency Manufacturing 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). But how is the ideation done?

Software 130

Software Right-Sizing Efficiency Collaborations 130

Everest Group

NOVEMBER 28, 2023

Increasing demand for specialized products, the need to underwrite newer business lines, and a push for efficiency are driving insurers to build relationships with MGAs – all suggesting the upcoming years could be a golden era for MGAs. Simultaneously, they are seeking to enhance operational efficiencies and carve out a larger market share.

Insurance 147

Insurance Service Co-Sourcing Analytics 147

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Capgemini

SEPTEMBER 21, 2021

Based on current trends, the International Renewable Energy Agency (IRENA) estimated that by 2050 only 20 percent of total commercial and industrial electricity demand will be addressed by renewable energy sourcing. Notably, solar and wind power are already cheaper than conventional sources in almost all regions.

Sourcing 52

Sourcing Design Risk Management Risk Management 52

inDinero

SEPTEMBER 21, 2024

Utilizing accounting software can further aid in this process, automating tasks, reducing errors, and improving overall efficiency in financial reporting. This ensures that every dollar is allocated to advance your mission and strategic objectives, enhancing overall financial management and stability.

Management 104

Management Accounting Collaborations Finance 104

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

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. For instance, if you take apart a car, you lose the ability to drive.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Premier BPO

NOVEMBER 22, 2024

Outsourcing recall management could be a smart, strategic move for modern businesses, as they can gain access to experts equipped with advanced systems and compliance knowledge. By working with a strategic co-sourcing partner , companies can mitigate risks, protect their reputation, and maintain operational continuity.

Outsourcing 100

Outsourcing Management Co-Sourcing Regulations 100

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

On October 19th, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. In today’s dynamic ESG risk landscape, data collected at a point in time is quickly stale.

Management 72

Management Sourcing Risk Management Risk Management 72

Everest Group

MAY 26, 2023

This can lower alert fatigue and improve the mean time to detect or discover (MTTD), mean time to restore (MTTR), and threat coverage, and enhance overall risk management strategies while reducing total security operations costs.

Cybersecurity 130

Cybersecurity Automation Analytics Healthcare 130

IBM Services

FEBRUARY 19, 2024

Here’s how companies are using different strategies to address supply chain management and meet their business goals. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Amzur

AUGUST 1, 2024

Example: Dropbox is a renowned cloud storage services provider that successfully transitioned from using its own data centers to AWS , which allowed it to scale rapidly and efficiently handle increasing storage demands. Frees up IT team to focus on strategic initiatives; cloud provider manages the resources.

Management 104

Management Software Flexibility Right-Sizing 104

Automation Anywhere

APRIL 27, 2022

Your need to be effective and efficient in the transformation effort requires comprehensive data and insights into how your bank operates. The challenge for banks is to be effective and efficient in finding, implementing, and sustaining organizational improvements in effectiveness and efficiency.

Banking 98

Banking Robotics Process Automation Automation Efficiency 98

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