Perficient Digital Transformation

JANUARY 24, 2025

By leveraging GenAI-powered assistants, hospitals can guide patients through their stay, providing real-time information, answering questions, and offering support. This data-driven approach to clinical research can uncover novel insights, inform quality improvement initiatives, and drive innovation in acute care delivery.

Healthcare 52

Healthcare Supply Chain Management Resource Optimizing Research 52

The Hackett Group

APRIL 13, 2023

The scope of the research will cover finance operations and analysis, including purchase-to-pay, customer-to-cash, general accounting, consolidation and regulatory reporting, control & risk management and financial planning & analysis capabilities. About The Hackett Group The Hackett Group, Inc.

Finance 96

Finance Research Accounting Outsourcing 96

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

Planergy Software

SEPTEMBER 5, 2023

As you make budget decisions, consider: Available funds Capital expenditures and operating expenses, including variable and fixed costs Plans for the next fiscal year Use documents such as your: Income statement Cash flow statement Utility bills Payroll documents These documents will help you develop your master budget.

Finance 92

Finance Software Accounting Management 92

IBM Services

FEBRUARY 13, 2024

The IBM Supply Chain Intelligence Suite , powered by artificial intelligence (AI) and blockchain, helps compile supplier data to drive Scope 3 accuracy, improve circularity by reducing waste and inform end consumers of carbon and other ESG impacts. This technology can also help reduce the risk of regulatory non-compliance.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Manufacturing 84

Obobo

OCTOBER 25, 2022

Additionally, by mapping suppliers against relevant business standards, supplier management software can help ensure that suppliers meet applicable quality and safety requirements. This information can be used to identify potential problems early on, before they become too costly to fix or remediate.

Software 52

Software Management Risk Management Risk Management 52

Offshore India Data Entry

OCTOBER 29, 2023

For example, invoice processing workflows can be automated by using optical character recognition to extract key information. The data gets input into accounting software without human data entry, saving time and reducing errors. Studies indicate that AI automation can reduce business process costs by about 20–30%.

BPO 64

BPO Automation Data Entry Business Process Outsourcing 64

Obobo

JULY 14, 2022

Any successful interaction within procurement, whether internal or external, depends on smart relationship management. The requirement for an efficient and effective vendor compliance program is non-negotiable when it comes to reducing costs and building strong, mutually beneficial relationships with your vendors.

Reduced Costs 59

Reduced Costs Accounting Cost Control Customer Service 59

IBM Services

DECEMBER 4, 2023

Companies large and small are increasingly digitizing and managing vast troves of data. ERP systems like Oracle’s streamline business processes and reduce costs, leveraging information to help organizations make better decisions in rapidly changing landscapes.

Efficiency 77

Efficiency Supply Chain Management Human Resources Reduced Costs 77

Metasource

AUGUST 5, 2024

IA enables companies to enhance efficiency, reduce costs, and stay competitive in an ever-evolving market. Applications of cognitive automation range from automated customer service to sophisticated data analysis and risk management.

Automation 52

Automation Data Entry Out-Tasking Reduced Costs 52

Akorbi

SEPTEMBER 22, 2022

Any entity that stores or transmits medical, financial, or sensitive information can be a tempting target for data thieves and ransomware. While securing other forms of accreditation can be a strong first step, these do not necessarily guarantee full and complete compliance with risk management for private data.

Business Process Outsourcing 52

Business Process Outsourcing Regulations Reduced Costs BPO 52

Perficient Digital Transformation

DECEMBER 22, 2023

Positive Aspects of AI in Financial Services As noted 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.

Banking 52

Banking Risk Management Risk Management Cybersecurity 52

Perficient Digital Transformation

MAY 18, 2023

Information / Data Domain (including Data Governance) : defines the enterprise’s information requirements and data model and helps ensure data is managed to support business needs. The platform facilitates collaboration and data-driven decision-making to improve efficiency and reduce costs.

Design 64

Design Management Collaborations Government 64

NoonDalton

AUGUST 26, 2024

As the business landscape becomes increasingly competitive, companies of all sizes are searching for ways to streamline operations, reduce costs, and focus on core activities that drive growth. Maximizing the Benefits of Outsourced Accounting Outsourcing accounting services offers more than just cost savings.

Accounting 52

Accounting Outsourcing Streamline Operations Risk Management 52

Obobo

JULY 31, 2022

Any successful interaction within procurement, whether internal or external, depends on smart relationship management. The requirement for an efficient and effective vendor compliance program is non-negotiable when it comes to reducing costs and building strong, mutually beneficial relationships with your vendors.

Reduced Costs 52

Reduced Costs Accounting Cost Control Customer Service 52

Groove Technology

SEPTEMBER 26, 2024

By the end of this post, you will have a clearer understanding of the options available and be better equipped to make an informed decision that accelerates your business growth. Remember, the key to successful Java outsourcing lies in technical prowess, effective communication, robust project management, and a shared commitment to quality.

Outsourcing 100

Outsourcing Right-Sizing E-Commerce Collaborations 100

Groove Technology

SEPTEMBER 26, 2024

Improves Risk Management Outsourcing can be a powerful risk mitigation strategy. Businesses can ensure continuity and reduce vulnerabilities by distributing project risks across different teams or even geographical locations. How do you maintain control over an outsourced project?

Software 130

Software Outsourcing E-Commerce Reduced Overhead 130

3Pillar Global

JANUARY 4, 2024

Growing revenue and reducing costs remains a top priority for healthcare organizations in 2024. As such, revenue cycle optimization, streamlining payment, and reducing billing and coding errors are critical areas of focus. These hidden costs add up quickly. Platform modernization presents a solution.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

Obobo

JULY 12, 2022

To make the working relationship transparent, supplier information must be collected. A supplier’s performance & information can be tracked once they have been onboarded. Supplier Performance Management. Supplier management requires consistent monitoring. Supplier Risk Management.

Management 52

Management Risk Management Risk Management Collaborations 52

Obobo

JULY 27, 2022

To make the working relationship transparent, supplier information must be collected. A supplier’s performance & information can be tracked once they have been onboarded. Supplier Performance Management. Supplier management requires consistent monitoring. Supplier Risk Management.

Management 52

Management Risk Management Risk Management Collaborations 52

Intugo

JANUARY 23, 2024

Risk Management: Assessing business outsourcing companies and their risk management strategies, contingency plans, and disaster recovery mechanisms is essential. Their ability to anticipate, mitigate, and manage risks safeguards your interests and ensures business continuity.

Outsourcing 59

Outsourcing Nearshoring Call Center Flexibility 59

Infosys Consulting

OCTOBER 18, 2023

Valuable information is produced any time we use an app on our phones or scour the web through our computers. But with the amount of data currently generated every minute, how can companies effectively leverage this information to benefit their business and customers?

Healthcare 52

Healthcare Banking Finance Streamline Operations 52

Globalization Partners

DECEMBER 30, 2021

International growth will help your company minimize risk by avoiding reliance on a single target market. The Covid-19 pandemic also presents a new potential for remote work — 70 percent of chief information officers surveyed were working remotely in March 2021, and many respondents intend to continue working remotely.

Payroll 98

Payroll Research Marketing Government 98

Obobo

JULY 19, 2022

It can shake the very foundations of your vendor management process if you cannot convey or receive important information from your suppliers. A key component of your procurement program should be vendor compliance, which increases efficiency, reduces costs, and develops lucrative relationships with your suppliers.

Management 59

Management Reduced Costs Efficiency Risk Management 59

Obobo

APRIL 4, 2023

In this guide, we will discuss why it’s important to reduce procurement costs , and the various strategies businesses can employ to make that happen. Knowing which strategies to employ can be a challenge though – that’s why we’ve put together this comprehensive guide on cost reduction in procurement.

Risk Management 40

Risk Management Risk Management Reduced Costs Management 40

NoonDalton

JUNE 26, 2023

Better Risk Management : Outsourcing tasks to specialists minimizes risks across the organization, preventing costly mistakes and time wastage. Improved Performance : Outsourcing provides access to specialized resources and technologies, often leading to enhanced efficiency and cost savings.

Outsourcing 52

Outsourcing Resource Reallocation Manufacturing Data Entry 52

AS White Global

JULY 7, 2022

Information Technology ( IT ) is the digital backbone of industries and businesses. By having a dedicated offshore IT staff that’s expertly trained to use the latest technology, your company will be empowered to make informed tech-related decisions for the business. An asset to business continuity and risk management.

Offshoring 52

Offshoring Service Cybersecurity Outsourcing 52

NoonDalton

JULY 19, 2023

As businesses seek to streamline operations, reduce costs, and tap into specialized talent pools, RPO is increasingly becoming their go-to solution. Data-Driven Decision-Making: These technologies enable a more data-driven approach to recruitment, offering valuable insights and metrics that can inform your overall business strategy.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Risk Management 52

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

AUGUST 10, 2022

It can shake the very foundations of your vendor management process if you cannot convey or receive important information from your suppliers. A key component of your procurement program should be vendor compliance, which increases efficiency, reduces costs, and develops lucrative relationships with your suppliers.

Management 52

Management Reduced Costs Efficiency Risk Management 52

Planergy Software

OCTOBER 18, 2023

A well-designed corporate travel program prioritizes employee safety by vetting travel suppliers, providing travel risk management resources, and offering 24/7 support for travelers in case of emergencies. Risk Management A robust program enables companies to proactively identify, assess, and mitigate travel-related risks.

Finance 52

Finance Reduced Costs Management Risk Management 52

Obobo

MARCH 19, 2023

We’ll discuss what it is, why it’s important, and the steps you need to take to ensure successful contract management for your company. By the end, you should have all the information you need to confidently manage your contracts and navigate your procurement process more successfully. Table Of Content.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Planergy Software

MARCH 29, 2022

With a plethora of data collection points available at their disposal, it’s easier for business leaders to be lost in the information glut. However, every business and business leader should ponder for a moment: will collecting such a huge volume of data make sense unless it provides meaningful information and insights?

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

SIG Speaks

SEPTEMBER 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Heather Frazer discusses how TCO is a great tool that will help capture the entire potential for cost savings and risk and how it is increasingly important for procurement organizations to secure reliable data.

Supply Chain Management 40

Supply Chain Management Sourcing Risk Management Risk Management 40

Planergy Software

SEPTEMBER 10, 2021

Similarly, data silos create communication problems and further hamper transparency by locking essential information in different areas of your software environment. All of these improvements translate to lower costs by eliminating waste, improving accuracy and response times, and improving data quality for reporting and spend analysis.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59

Vilmate

APRIL 27, 2022

Artificial Intelligence (commonly referred to as AI) is the process of imparting data, information, and human intelligence to machines. Here are only a few instances of ML and AI applications in financial services: Risk management. Asset management. Security, Risk Management & Fraud detection.

Banking 52

Banking Finance Risk Management Risk Management 52

Obobo

DECEMBER 17, 2021

Stakeholders are able to estimate whether their cost-reduction and saving tactics are effective once they have this information at their fingertips. To be successful with savings tracking, most businesses have to do four things: Reduce costs Risk management Creation of new services or products to increase turnover Increase cash flow.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52