Magellan Solutions

FEBRUARY 6, 2021

Need help with your finances? Filipinos are inherently smart with their finances. Meaning, Filipinos are not only capable of handling finances. But hear us out first. That is why you need to have an assistant to help you with your finances because we don’t want to spend a lot of time counting it. It reduces costs.

Finance 52

Finance Call Center BPO Banking 52

Planergy Software

AUGUST 25, 2022

Finance Digital Transformation: Preparing For The Digital Future. Digital Transformation in Finance As more businesses look to make the transition to digital transformation, CFOs know that the biggest impact will be seen in accounting and finance departments, with even small startups experiencing the benefits of going digital.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52

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 Finance Human Resources 144

Intugo

JANUARY 31, 2023

Traditionally, companies have been in charge of carrying out the entirety of their operations internally. For example, the contracting out of functions such as customer care or accounts payable has become a means by which companies can reduce their costs.

BPO 98

BPO Business Process Outsourcing Administrative Reduced Costs 98

Groove Technology

SEPTEMBER 26, 2024

Many business leaders, from CTOs to Product Managers, hesitate to embrace outsourcing due to these perceived risks, potentially missing out on significant benefits that could drive their companies forward. Software Development Outsourcing refers to the practice of hiring external companies or individuals to handle software development tasks.

Software 130

Software Outsourcing Healthcare Offshoring 130

Magellan Solutions

APRIL 28, 2023

With the rising inflation, insurance companies are looking for ways to reduce costs. By outsourcing administrative functions, insurance companies can focus on the core tasks. These tasks ensure the efficient operations of an insurance company. Outsourcing services specialists can also handle these tasks better and faster.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

Everest Group

SEPTEMBER 19, 2024

Reach out to discuss this topic in depth. These AI engines are becoming integral to business operations, automating mundane tasks, providing deep insightsand unifying disparate operational silos. When successfully implemented, they could lead to 15-25% cost savings across operations within 18-36 months.

Engineering 52

Engineering Supply Chain Management Out-Tasking Inventory Management 52

Intugo

JUNE 2, 2023

This provider must have a group of highly qualified professionals capable of carrying out the client’s tasks on time and with the highest quality standards. If you want to reduce costs and positively impact the project, access to Intugo’s rigorous contracting processes is crucial.

Nearshoring 52

Nearshoring Software Reduced Costs Out-Tasking 52

NoonDalton

SEPTEMBER 2, 2024

In this model, businesses can rely on external providers for various operational tasks while keeping their internal teams focused on core activities. How Outsourcing Can Drive Sustainable Growth Outsourcing is not just a short-term solution for managing workload or reducing costs. Here’s how: 1.

Outsourcing 52

Outsourcing Out-Tasking Healthcare Administrative 52

Premier BPO

MAY 30, 2024

Outsourcing, the practice of contracting out business processes to external providers, has a long history that spans centuries. In the early 1900s, Henry Ford outsourced parts of the automobile production process to streamline operations and reduce costs.

Outsourcing 81

Outsourcing BPO Business Process Outsourcing Manufacturing 81

Intugo

SEPTEMBER 26, 2024

Outsourcing your accounting services can be a game changer for efficiency and cost-effectiveness. Indeed, the ideal outsourced accounting service provider streamlines your finances, ensures compliance with local regulations, and provides valuable insights to help your business thrive.

Accounting 52

Accounting Outsourcing Service Out-Tasking 52

Paysquare

SEPTEMBER 16, 2024

Why Businesses Outsource Accounting Functions To improve efficiency and reduce costs, Indian firms are more frequently acquiring the accounting services of certified public accountants. If a company wishes to reduce costs, improve its efficiency and have particular financial expertise, it is best to outsource the accounting work.

Accounting 52

Accounting Outsourcing Reduced Costs Right-Sizing 52

31 West

OCTOBER 31, 2024

Though it all sounds like a dream come true, coping with enlarged commitments often turns out too much for unprepared teams. Reach out and network with them to facilitate potential alliances. To get things right, map out your customer journey first. What does this mean in practice? Seek funding opportunities for expansion.

Human Resources 130

Human Resources Engineering Marketing Research 130

inDinero

SEPTEMBER 28, 2023

This can leave a startup feeling stuck between a rock and a hard place: they need CFO-level expertise to help them manage their finances and meet their business goals, but they can’t justify the expense of hiring a full-time CFO. Learn More What Tasks Can a Fractional CFO Provide? Need Outsourced Accounting for Startups?

Outsourcing 98

Outsourcing Service Finance Accounting 98

IBM Services

APRIL 25, 2024

Benefits: Improved efficiency Reduced cost Enhanced transparency Customer relationship management (CRM) BPR is a pivotal strategy for organizations that want to overhaul their customer relationship management (CRM) processes. In all, agents’ pre-and-post-call workloads were reduced by 30%.

Supply Chain Management 59

Supply Chain Management Finance Robotics Process Automation Human Resources 59

Magellan Solutions

FEBRUARY 14, 2024

The partnership enabled Cigna to scale its operations and reduce costs while maintaining quality. Case Study 2: Maxicare Healthcare Corporation Maxicare, a leading HMO in the Philippines, partnered with Accenture in 2011 to outsource their finance and accounting functions.

Call Center 98

Call Center Healthcare Outsourcing Insurance 98

Magellan Solutions

NOVEMBER 7, 2023

This can lead to increased efficiency, cost savings, and improved quality of work. If you’re wondering if outsourcing is a viable option for your company, check this out! This is where outsourcing inbound calls and other administrative tasks to accommodate the spike in demand comes in.

Call Center 52

Call Center Outsourcing Pharmaceuticals Out-Tasking 52

Everest Group

FEBRUARY 27, 2024

Reach out to us for more information or to further discuss this topic. These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. Don’t miss our LinkedIn Live, How Will Next-gen Technologies Be Financed in CXM Delivery?

Management 64

Management Out-Tasking Outsourcing Efficiency 64

NoonDalton

FEBRUARY 5, 2024

Companies are increasingly recognizing the significance of strategically choosing where their workforce is located to optimize productivity, reduce costs, and access specialized talent pools. The primary goal of outsourcing is to improve efficiency, reduce costs, and access specialized expertise.

Nearshoring 52

Nearshoring Labor Costs Offshoring External Service Provider 52

NoonDalton

SEPTEMBER 9, 2024

At its core, traditional outsourcing refers to delegating specific business activities or tasks to an external third-party provider. Once the task is completed, the outsourcing engagement may end, making it ideal for companies that need short-term assistance or a one-off project. What are Managed Services?

Managed Services 52

Managed Services Outsourcing Management Service 52

Magellan Solutions

NOVEMBER 7, 2022

Insurance Back Office Support Tasks for 2023. ACCOUNTING & FINANCE. Outsourcing finance can significantly impact any business in any industry. That is why accounting tasks need to be managed by experts. For the workforce of insurance companies, handling a huge amount of paperwork is a demanding task. .

Insurance 75

Insurance Outsourcing Out-Tasking Offshoring 75

Automation Anywhere

JUNE 30, 2021

By replacing legacy automation tools and automating the remaining repetitive manual tasks, RPA is helping IT Ops significantly reduce costs while increasing the quality of service that IT provides users. Nothing could be simpler—or save you more time and money— Forrester estimates that each password reset costs you $70.

Robotics Process Automation 97

Robotics Process Automation Out-Tasking Automation Software 97

Planergy Software

SEPTEMBER 24, 2021

In the past, the CFO served largely as a finance chief. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. They don’t just lead the finance team or spearhead initiatives to reduce costs. Today’s CFO Challenges Are Bigger Than Ever.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Groove Technology

SEPTEMBER 26, 2024

Offshore software development involves partnering with development teams located in different countries, often with the dual objectives of reducing costs and accessing a diverse talent pool. One of the primary advantages of offshore outsourcing is its cost-effectiveness compared to onshore or nearshore models.

Offshoring 130

Offshoring Software Outsourcing Right-Sizing 130

Obobo

OCTOBER 11, 2022

Procurement/purchasing is one of the most important tasks that a business needs to do in order to stay on top of their industry. This leads to faster turnaround times and reduced costs. By automating various tasks, you can free up time for your team to focus on other areas of the business. No hidden costs.

Software 64

Software Reduced Costs Out-Tasking Automation 64

Magellan Solutions

MARCH 19, 2024

Effective HR practices can attract and keep top talent, while solid accounting and finance processes ensure accurate financial reporting and compliance. This approach offers many benefits, including cost-effectiveness and flexibility, compared to the traditional employment of full-time staff.

Out-Tasking 52

Out-Tasking Human Resources Data Entry Administrative 52

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. This task is challenging, but not impossible. No hidden costs. Find Out More. Cost Reduction vs. Cost Avoidance.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Designveloper

OCTOBER 1, 2021

So finding out about types of cloud computing is a must to pick up the suitable one for your business functions. Those systems are host and manag internal staff, thus the in-house IT department has to take whole responsibility for development and maintenance costs as well as private cloud management. . What is Cloud Computing?

Administrative 96

Administrative Out-Tasking Finance Cybersecurity 96

Metasource

OCTOBER 20, 2022

Instead of printing these invoices out and adding to manual work, companies have realized that accounts payable automation is a better way forward. Processing is faster and human error is reduced, giving companies an advantage over their competitors. With electronic invoices, things are a little more complicated.

Accounting 52

Accounting Automation Data Entry Reduced Costs 52

IBM Services

DECEMBER 4, 2023

ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes. Using automation , Oracle can simplify routine tasks to increase operational efficiency.

Efficiency 77

Efficiency Supply Chain Management Human Resources Reduced Costs 77

The Scalers

AUGUST 7, 2024

Before diving into why and how to choose an offshore development partner in India, it’s essential to understand and get familiarised with the following concepts: Offshore development: the process of moving tech operations overseas to access specialised expertise and reduce costs. million developers , ranking just behind China.

Offshoring 88

Offshoring Service Engineering Cybersecurity 88

inDinero

JUNE 28, 2022

Growing a startup from inception to a multi-million dollar enterprise isn’t a task for everyone. This can leave a startup feeling stuck between a rock and a hard place: they need CFO-level expertise to help them manage their finances and meet their business goals, but they can’t justify the expense of hiring a full-time CFO.

Service 52

Service Finance Reduced Overhead Outsourcing 52

Outsource Workers

JUNE 12, 2023

Keeping up to date with bookkeeping tasks is vital if a business is to run smoothly; therefore, you need to ensure that all your financial activities are well documented. Hiring a virtual assistant for bookkeeping is the perfect way to ensure all those time-consuming tasks are done on time.

Payroll 52

Payroll Data Entry Out-Tasking Accounting 52

Velocity Global

MAY 25, 2021

HR, finance, and legal teams must exhaustively research local labor laws to ensure they compliantly pay their independent contractors. Companies that work with an independent contractor payroll partner significantly reduce their compliance-related risk—especially when that partner also specializes in worker classification.

Payroll 52

Payroll Automation Reduced Costs Finance 52

Magellan Solutions

JULY 21, 2023

Outsourcing allows businesses to enjoy advantages such as: Specialized expertise Access to the latest technologies Streamlined business processes Cost saving Increased efficiency and productivity Flexibility Focus on core tasks Selecting the right outsourcing partner can help companies improve efficiency and optimize business processes.

Outsourcing 94

Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

Globalization Partners

MARCH 10, 2022

But making this transition is not an easy task, and many people don’t fully understand the difference between these two approaches. Most hybrid companies have physical offices where operations are carried out, but workers are only required to go in from time to time. What are the advantages and disadvantages of each?

Reduced Costs 98

Reduced Costs Flexibility Out-Tasking Jobbing 98

Obobo

MARCH 19, 2023

In essence, Contract Management refers to the effective management of contracts to ensure that organizations get the most out of their contractual obligations while minimizing risks associated with non-compliance or unanticipated costs. In finance, ECM can help to manage contracts with clients, contractors, and service providers.

Management 40

Management Finance Healthcare Pharmaceuticals 40