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Is Outsourcing Offshore Right for You? Pros and Cons

Magellan Solutions

By leveraging global talent, you can assemble the right team to support your business needs, regardless of geographical location. Understanding these challenges can help you make a more informed decision about whether it’s the right approach for your business. In 2016, it also outsourced some IT tasks.

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What Is Supplier Due Diligence? The Ultimate Process & Guide

Obobo

Risk assess and mitigate any potential risks identified during the investigation process. Questions to ask Suppliers when doing Supplier Due Diligence When starting a business, it is important to ensure that you find the right supplier. There are numerous reasons why companies should implement an SDD process.

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Tech Solutions Outsourcing: Driving Innovation and Efficiency

NoonDalton

The rise of cloud computing and Software as a Service (SaaS) during the 2000s reshaped the framework of outsourcing from a mere cost-saving practice to a strategic partnership that facilitated access to state-of-the-art technologies and innovative business processes.

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Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy Software

Modern Spend Management and Accounts Payable software. 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. What's Planergy? Book a Live Demo 2.

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GAAP: What It Is and Why Your Investors Expect It

inDinero

Understanding the principles of GAAP accrual accounting can be challenging and daunting; however, with the right guidance, it can be achieved. Additionally, GAAP ensures that businesses remain compliant with government regulations regarding financial reporting. But what are these components that make up this essential system?

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The Importance of Selecting the Right Sourcing Business Model

SIG Speaks

Equally important, we can better mitigate risks and work more effectively by providing the right amount of effort to manage and build a collaborative relationship with its key suppliers. Not all suppliers should be managed the same way: each supplier requires a “right-sized” level of governance!

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How To Improve Contract Management And Why Is It Important?

Obobo

Contract management is one of the most important functions of any business, regardless of size or industry. Mismanaged contracts can lead to costly mistakes that inadvertently put your company at risk. That’s why it’s important for companies to take measures to improve contract management processes.