The Hackett Group

JULY 13, 2023

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

Operational Costs 97

Operational Costs Finance Research Advisory 97

Everest Group

SEPTEMBER 14, 2023

South Africa has emerged as a stand-out destination for customer experience (CX) services. Offering a talented workforce, cost-effectiveness, and infrastructure, the nation is attracting the attention of both providers and customers alike. Now is the time to capitalize on this alluring market in this rising continent.

Service 173

Service Impact Sourcing Contact Center Outsourcing Government 173

Everest Group

AUGUST 24, 2022

Top Financial Crime and Compliance (FCC) Operations Service Providers Financial Crime and Compliance (FCC) operations continue to grow within the Banking and Financial Services (BFS) industry.

Banking 130

Banking Insurance Service Advisory 130

Redial

JANUARY 4, 2022

Easily, we can say that it is mainly the operating costs, the U.S. Therefore, an increasing number of American businesses choose to outsource their telemarketing services and other BPO to nearshore call centers. All these factors can help companies consider outsourcing some or all their day-to-day operations.

Call Center 246

Call Center Outsourcing Nearshoring BPO 246

Groove Technology

FEBRUARY 4, 2025

At Groove Technology, we offer comprehensive dedicated software development services designed to meet diverse client needsfrom initial consultation to seamless integration. Reduced Operational Costs: Utilizing dedicated teams can lower operational expenses by approximately 30% compared to maintaining in-house development teams.

Software 130

Software Right-Sizing Collaborations Administrative 130

The Hackett Group

JULY 20, 2023

Despite increases in year-on-year operating costs, Digital World Class procurement organizations excel at cost optimization compared to typical organizations, The Hackett Group ® found. They now operate at 21% lower cost than their peers and have 32% fewer staff. Digital World Class Procurement Orgs Drive 2.4X

Operational Costs 75

Operational Costs Advisory Research Government 75

Offshore India Data Entry

APRIL 12, 2024

Leveraging ecommerce product data entry services can empower your business by enhancing operational efficiency, improving data accuracy, and freeing up your valuable time to focus on strategic growth efforts. Outsourced data entry services specialize in providing accurate and high-quality product listings.

Data Entry 115

Data Entry Outsourcing Service Streamline Operations 115

Groove Technology

NOVEMBER 15, 2024

These projects support businesses in managing operations more efficiently and meeting their digital transformation goals. These cost savings enable businesses to reinvest in other strategic areas, further driving innovation and growth. Staff augmentation allows HR managers to add or remove team members based on project needs.

Software 100

Software Outsourcing Cybersecurity E-Commerce 100

31 West

JULY 22, 2024

In the ever-evolving landscape of e-commerce, providing exceptional customer service is not just a nicety but a necessity. Businesses are constantly searching for ways to enhance the customer experience, streamline operations, and build lasting relationships with their clientele.

E-Commerce 130

E-Commerce Customer Service Service Automation 130

Perficient Digital Transformation

FEBRUARY 20, 2023

Salesforce know-how, Skilled Resource Mix, Scalability, High Operational Cost, 24/7 Availability and TAT are some of these challenges that organizations look to address while choosing a Salesforce partner. Data Management- Generating correct and useful data from Salesforce systems for the business is key to achieving the ROI.

Managed Services 64

Managed Services Management Service Healthcare 64

31 West

FEBRUARY 21, 2022

One of the solutions to these problems is outsourcing your help desk services. Here are 6 advantages of outsourcing your help desk services. 1) Reduced Costs and Increase in Savings. The primary benefit of having an outsourced helpdesk is a reduction in operational costs. 2) Improved Response Time.

Outsourcing 130

Outsourcing Service Streamline Operations Reduced Costs 130

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. Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing.

Insurance 162

Insurance Outsourcing Flexibility Risk Management 162

Groove Technology

JUNE 2, 2023

With the advent of technology and global connectivity, these services can be sourced from anywhere around the world, enabling businesses to leverage global talent and expertise. Cost Savings: Financial benefits are a significant driver for outsourcing. Transparent Operations: Trust plays a vital role in any outsourcing relationship.

Software 130

Software Outsourcing Service Outsourcing Professionals 130

Everest Group

MARCH 7, 2025

In our previous blogs, we have explored the stakeholder ecosystem for gen AIs sustainability technology providers, service providers, and enterprises and why Diversity, Equity, Inclusion, and Belonging (DEIB) must remain central to its development. Yet, the sustainability advantage extends far beyond infrastructure.

Regulations 130

Regulations Co-Sourcing Manufacturing Government 130

Everest Group

MARCH 23, 2022

2021 was a milestone year for Global Business Services (GBS) with most enterprises reporting the model exceeded expectations for global business services solutions and delivery. The GBS industry learned ways to manage remote teams very quickly, and many workers today prefer to continue working from home.

Global Business Services 130

Global Business Services Service Impact Sourcing Sourcing 130

Everest Group

JULY 3, 2024

Effective supply chain management is no longer only about operational efficiencies, it is also about the ability to anticipate, adapt, and thrive amidst disruptions. Unlike functions such as Finance & Accounting (F&A) or Customer Experience Management, supply chain operations involve a higher number of decision-makers.

Supply Chain Management 162

Supply Chain Management Inventory Management Sales Order Management 162

Groove Technology

AUGUST 15, 2024

development outsourcing services. By partnering with us, you can access global talent, reduce costs, and ensure your project is handled with the highest level of expertise and care. The ability to efficiently manage numerous concurrent connections ensures that applications remain responsive and fast, even under heavy loads.

Outsourcing 100

Outsourcing Service Flexibility Collaborations 100

Everest Group

OCTOBER 7, 2023

Property and Casualty (P&C) Insurance BPS Enterprises have been increasingly turning to P&C insurance BPS providers during the recession to address elevated operating costs resulting from heightened inflation, which has led to increased claims expenses and rate adjustments for various P&C products.

Insurance 162

Insurance Human Resources Payroll Outsourcing 162

31 West

SEPTEMBER 14, 2022

Based on the current situation, it’s not hard to assume that the demand for outsourced IT services will keep increasing. The market for managed services has grown worldwide over the last few years. In the next few years, advanced technologies like cloud computing and big data will drive the future success of managed services.

IT Outsourcing 130

IT Outsourcing Outsourcing Managed Services Operational Costs 130

Everest Group

MARCH 8, 2024

With the emergence of generative AI / Large Language Models (LLMs), enterprises worldwide are swiftly adopting AI to unlock new revenue streams, reduce operating costs, enhance user experiences, and gain significant industry differentiation. LEARN MORE ABOUT Top Service Providers

Manufacturing 162

Manufacturing Banking Operational Costs Regulations 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. This approach can lead to cost savings, open new revenue streams, and enhance customer retention.

Collaborations 162

Collaborations Advisory Regulations Marketing 162

Premier BPO

AUGUST 16, 2024

The Modern Contact Center: A Complex Landscape Modern contact centers have evolved into strategic business functions that face pressures like increasing call volumes, persistent talent shortages, and the need to optimize service quality and cost efficiency.

Outsourcing 237

Outsourcing BPO Co-Sourcing Labor Costs 237

NoonDalton

SEPTEMBER 9, 2024

Business leaders are struggling to manage workloads and maintain productivity, leading many to turn to outsourcing or managed services. Understanding the difference between traditional outsourcing and managed services can help businesses make informed decisions about which model suits their operational needs and long-term goals.

Managed Services 52

Managed Services Outsourcing Management Service 52

Redial

JULY 10, 2024

Here are some key advantages: Cost Savings: Labor Costs: Outsourcing to countries with lower labor costs can significantly reduce expenses related to wages, benefits, and payroll taxes. Operational Costs: Lower costs for office space, utilities, and equipment in outsourced locations can further reduce expenses.

Finance 130

Finance Outsourcing Labor Costs Payroll 130

Redial

JULY 10, 2024

Here are some key advantages: Cost Savings: Labor Costs: Outsourcing to countries with lower labor costs can significantly reduce expenses related to wages, benefits, and payroll taxes. Operational Costs: Lower costs for office space, utilities, and equipment in outsourced locations can further reduce expenses.

Finance 130

Finance Outsourcing Labor Costs Payroll 130

IBM Services

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Everest Group

FEBRUARY 9, 2022

With over $35 billion in software managed services contract value due for renewal in 2 years, IT firms may sweat over cost-of-living-adjustment clause. Operating costs for providers were largely stable during this period, which enabled providers to give in to pressure from buyers.

Services Contracting 130

Services Contracting Operational Costs Managed Services Software 130

Mattsen Kumar

OCTOBER 12, 2023

As organizations grow, outsourcing customer service has become necessary to ensure customer satisfaction. The expansion of organizations brings forth new challenges that require the expertise of a skilled customer service team to provide optimal solutions.

Customer Service 84

Customer Service Outsourcing Robotics Process Automation Service 84

Everest Group

OCTOBER 17, 2023

With slowed IT industry growth, service providers can drive momentum with asset-based business models that center on delivering services built on digital products and platforms or monetizing the platforms and assets themselves. Service provider leaders are grappling to help the IT industry find new avenues of growth.

Streamline Operations 162

Streamline Operations Reduced Costs Insurance Banking 162

31 West

DECEMBER 6, 2022

To streamline routine business operations and reduce manual workload, companies are turning to IT help desk companies to handle their technical issues efficiently. They are implementing automation and IT management tools like ServiceNow to ensure a smoother transition to the digital workflow. Security Operations.

Software 130

Software Customer Service Automation Human Resources 130

Perficient Digital Transformation

JANUARY 19, 2024

Many retailers are embarking on a digital transformation to modernize and scale their order management system (OMS) solution. Built on a modern architecture, the solution wraps Docker containers around order management business services. This architecture streamlines application management and the release of new functionality.

Order Management 118

Order Management Retail Software Operational Costs 118

31 West

OCTOBER 21, 2022

For example, an automated ticket assignment feature allows you to assign service request tickets to the relevant agents automatically. Moreover, it offers a self-service feature delivering a prompt solution to the users. Generally, large businesses having more than 1,000 employees opt for an enterprise help desk or service desk.

Collaborations 130

Collaborations Operational Costs Automation Customer Service 130

Everest Group

SEPTEMBER 30, 2024

From an industry vertical perspective as well, we are seeing growth across most major segments including financial services, telecom, media & technology, retail and consumer goods, etc. Reach out to us to discuss this topic further with our expert analysts.

Supply Chain Management 147

Supply Chain Management Collaborations Advisory Nearshoring 147

Intugo

NOVEMBER 19, 2024

Specifically, these centers enable companies to centralize multiple functions like IT, finance, customer service, and back-office operations in strategic international locations. Undeniably, t his proximity allows for real-time collaboration, minimal travel disruptions, and faster project management cycles.

Nearshoring 40

Nearshoring Operational Costs Regulations Administrative 40

31 West

SEPTEMBER 12, 2022

Or managing your contingent workforce has left you overwhelmed? VMS and MSP offer benefits like procurement and management of the contingent workforce. This article will guide you through: What is Vendor Management System (VMS). Benefits Offered by Vendor Management System. What is Managed Service Provider (MSP).

Managed Services 130

Managed Services Outsourcing Automation Management 130

NoonDalton

SEPTEMBER 29, 2021

The Internet is awash with painful outsourced customer service problems. We’re here to root out the most common outsourced customer service problems… and offer some sage advice. . What Are the Outsourced Customer Service Problems Every Business Deals With? It seems to be an inescapable topic. Language and Communication Issues.

Customer Service 97

Customer Service Outsourcing Service Right-Sizing 97

Groove Technology

NOVEMBER 8, 2021

This model allows you to save up to 60% on operating costs. DevOps engineers coordinate the development, operations, and testing. The project manager acts as an intermediary between the client and the developer. They plan, manage, track progress and reduce project risks. How can Groove Technology help?

Right-Sizing 230

Right-Sizing Out-Tasking Flexibility Engineering 230