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Procurement transformation: Why excellence matters

IBM Services

It’s difficult sometimes to carve out the required time and thought process to establish the path to excellence, especially when you are focused on supporting the demands expected from others of procurement in a complex organization—every single day, that is.

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Rethinking cost optimization: From cutting corners to fueling growth

Capgemini

The pressing need to grow and expand soon eclipses any immediate cost relief. The task of rebuilding what you’ve lost can be daunting. It’s time we considered an alternative approach: a more comprehensive cost optimization strategy. Send Thank you for reaching out. We will get back to you. Please try again.

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Revolutionizing Wealth Management: Unleashing the Power of AI to Boost Financial Advisor Revenues

Infosys Consulting

For example, AI-driven data mining can identify clients with a financial planning need and begin to build out the financial plan, decreasing advisor administrative time. Cutting costs In addition to boosting revenue, AI can also contribute to cost-cutting measures within financial advisory practices.

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Business process reengineering (BPR) examples

IBM Services

This transformation entails replacing manual, paper-based workflows with digital systems that use technologies like Robotic Process Automation (RPA) for routine tasks. This might include streamlining payroll processes, digitizing HR operations or automating invoicing procedures.

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BPO Philippines Reshaping The Retail & Banking Industry For 2022

Magellan Solutions

For instance, JP Morgan Chase plans to roll out a neo-bank this year, code-named ‘Dynamo’. Artificial intelligence and technological advancements will render better management of banking services executed at lower operational costs. A millennial-geared service headquartered in London, it has already created 400 jobs in the UK.

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The Hackett Group Announces 2021 Digital Award Winners

The Hackett Group

According to Vin Kumar, Managing Partner and Digital Operations Advisory Practice Leader at The Hackett Group, “Overall, three strong themes this year have been comprehensive automation of end-to-end processes, acceleration of digital transformation, and a greater focus on business enablement.