Remove Operational Costs Remove Research Remove Robotics Process Automation
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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

Organizations can achieve substantial cost reductions through outsourcing while accessing a global talent pool of 28.7 Research indicates that outsourcing can expedite product launches significantly. According to industry research, 62% of tech executives plan to increase their outsourcing budget to meet new technical challenges.

Software 100
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Top 5 Automation Use Cases for the Front Office

Automation Anywhere

For example, in an investment bank , the front-office departments consist of sales, investment banking, private equity, equity research trading, and wealth management. The front office operates autonomously but relies on the back office for support in the form of secretarial, accounting, human resources, and internet technology functions.

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Turning Good into Great: 10 Reasons to Outsource Customer Service

Mattsen Kumar

Developing Cost Reduction Policies The Deloitte Research Study shows that outsourcing customer service can reduce operational costs by 30% to 60%. It allows businesses to access a team of experienced professionals through contact center outsourcing for a fraction of the cost of hiring full-time employees.

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Overcoming the Barriers of RPA Implementation

Automation Anywhere

Robotic Process Automation (RPA) continues to be a top trend. Grand View Research foresees the RPA market to show a compound annual growth rate of (CAGR) of 40.6% RPA can cut operating costs. For example, according to KMPG, RPA can cut costs for financial services firms by 75%. between 2020 and 2027.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

Operations supporting each of these product lines such as loan fulfillment, underwriting, compliance, customer service, and collections could significantly benefit from automation since many of these processes are manual and document-intensive.

Retail 98
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RPA-as-a-Service: Helping SMBs Ease Into Automation

Automation Anywhere

Automation tools such as Robotic Process Automation (RPA) are helping them achieve those goals. Three-fourths of them ( 75%) are more reliant on RPA compared with their pre-pandemic operations Moving to RPA-as-a-Service Traditional RPA is software that mimics human digital behavior.

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Long-Term Investment in Procurement Technology Lays the Foundation for Gen AI Adoption

The Hackett Group

Latest Report Shows Digital World Class ® Procurement Organizations Will Experience 54% Productivity Boost and 47% Cost Reduction Miami, FL – September 26, 2024 – According to new research from The Hackett Group, Inc. These organizations also manage their supplier base more effectively than ever before, with 3.7