Obobo

AUGUST 19, 2022

What is eSourcing (electronic Sourcing)? eSourcing, otherwise known as electronic sourcing describes a cloud-based digital solution for collecting and comparing information about multiple suppliers in order to help a buyer make a more informed choice. E-sourcing is a small, but crucial, component of eProcurement.

Sourcing 52

Sourcing Out-Tasking Reduced Costs Automation 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Big Data Analytics: What It Is and Why It Is Important. Big Data Business Intelligence (BI) Spend Analytics. What is Big Data Analytics? How Big Data Analytics Works? Big Data Analytics Tools.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Neo Group

APRIL 6, 2022

Neo Group is a leader in sourcing, with a two decade heritage in advisory services for the world’s largest corporations. For over 22 years, they have enabled incredible business outcomes through collaborative solutions that have secured our market-leading position in the sourcing advisory & governance services space.

Sourcing 52

Sourcing Co-Sourcing Global Sourcing Advisory Advisory 52

SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Groove Technology

NOVEMBER 24, 2023

The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house. Businesses will be able to leverage AI-powered tools and platforms to improve efficiency, reduce costs, and enhance the overall quality of their IT services.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 6 Types Of Procurement Methods There are six commonly used procurement methods used when sourcing and evaluating suppliers for procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Perficient Digital Transformation

FEBRUARY 1, 2024

AWS Glue is a serverless data integration service that simplifies the discovery, preparation, and movement of data for analytics, machine learning (ML), and application development. With Glue, you can: Centralize data discovery and metadata management: Create a unified Data Catalog to identify and understand your data across diverse sources.

Jobbing 52

Jobbing Analytics Sourcing Reduced Costs 52

IBM Services

MARCH 28, 2023

And when it comes to price-performance, the reality is that enterprises are running analytics and AI workloads in data warehouses that are not optimized to run 100% of their workloads. Fortunately, the IT landscape is changing due to a mix of cloud platforms, open source and traditional software vendors.

Analytics 78

Analytics Engineering Government Reduced Costs 78

IBM Services

OCTOBER 30, 2023

IBM, a pioneer in data analytics and AI, offers watsonx.data, among other technologies, that makes possible to seamlessly access and ingest massive sets of structured and unstructured data. Real-time data analytics helps in quick decision-making, while advanced forecasting algorithms predict product demand across diverse locations.

Analytics 83

Analytics Retail Insurance Streamline Operations 83

Perficient Digital Transformation

MARCH 12, 2024

These trends signify a broader shift towards data-driven approaches that not only enhance patient care but also optimize costs within the ever-evolving healthcare landscape. Leveraging machine learning and predictive analytics allows for forecasting medication needs, identifying high-risk patients, and personalizing interventions.

Management 52

Management Healthcare Analytics Reduced Costs 52

31 West

APRIL 16, 2024

Google has been a leader in this space, investing heavily in energy-efficient data centers and renewable energy sources, showcasing how environmental responsibility can also drive economic gains. Streamlined processes in this area lead to: Quicker Response Times – Fast reactions to incidents reduce costly downtime.

Software 130

Software Labor Costs Out-Tasking Automation 130

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

Everest Group

APRIL 10, 2024

Amid healthcare providers’ ongoing struggles with Revenue Cycle Management (RCM) inefficiencies, a new wave of outsourcing is emerging, centered around value and technology-driven solutions like AI and analytics. These innovations streamline operations, reduce costs, and improve efficiency, ultimately enhancing profitability margins.

Management 59

Management Healthcare Robotics Process Automation Analytics 59

Groove Technology

MAY 25, 2023

MuleSoft is a leading enterprise integration platform MuleSoft and its significance in data integration and management MuleSoft is a leading enterprise integration platform that provides tools and services for connecting different systems, applications, and data sources. This can lead to significant cost savings and improved efficiency.

Management 100

Management Supply Chain Management Sourcing Collaborations 100

Perficient Digital Transformation

JULY 10, 2022

Moreover, this data is messy and comes from different sources and locations, each with its unique structuring standards. On the other hand, Power Automate , the component of the Power Platform, is capable of connecting to a range of data sources and can integrate the data to a major extent. What is Power Platform Dataflow?

Sourcing 116

Sourcing Automation Analytics Reduced Costs 116

Perficient Digital Transformation

SEPTEMBER 6, 2022

In the first Chapter of The Data Warehouse Toolkit Ralph Kimball explained that dimensional modeling and the star schema offered the following benefits: Reduced cost. Our cloud, data, and analytics team can assist with your entire data and analytics lifecycle, from data strategy to implementation. Better performance.

Analytics 124

Analytics Reduced Costs Information Technology Engineering 124

Neo Group

JUNE 2, 2020

Opportunity to learn how resilient Sourcing Leaders will plan for recovery in a crisis that is unprecedented and far from over. NEW YORK, NY, June 2, 2020 – Neo Group , the leader in global Sourcing Advisory, and IAOP , the global sourcing association, announced the results of the Global Sourcing Impact and Response to COVID-19 Survey.

Global Sourcing Advisory 40

Global Sourcing Advisory Sourcing Advisory Service 40

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

Everest Group

AUGUST 29, 2022

But various challenges – from data analytics to talent – can prevent companies from delivering the highly personalized interactions consumers crave. They realize data will help them identify ways to improve the experience and lower contact volumes, ultimately improving customer satisfaction and reducing cost.

Reduced Costs 78

Reduced Costs Analytics Impact Sourcing Outsourcing 78

IBM Services

DECEMBER 18, 2023

One of the largest sources of data is all around us—that is, geospatial data. Software solutions that combine geospatial data, GIS mapping and advanced environmental analytics enable organizations to make different types of weather-related data actionable. Read more about the initiative here.

Government 103

Government Sourcing Efficiency Reduced Costs 103

IBM Services

APRIL 25, 2024

Done correctly, this process also contains critical activities that can significantly reduce costs and satisfy a business’ key metrics for success. By using these sources, businesses can obtain both real-time insights into target customers’ sentiment and broader macro-level perspectives on their industry at large.

Retail 89

Retail Sales Sourcing Marketing 89

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 86

Marketing Robotics Process Automation Service Insurance 86

IBM Services

APRIL 25, 2023

We also made the case that query and reporting, provided by big data engines such as Presto, need to work with the Spark infrastructure framework to support advanced analytics and complex enterprise data decision-making. The rise of cloud object storage has driven the cost of data storage down.

Analytics 57

Analytics Engineering Out-Tasking Reduced Costs 57

Automation Anywhere

MAY 6, 2022

According to EY estimates, automation of back-office work could provide companies with savings of about 20% to 60% of baseline full-time employee (FTE) costs. Overcoming barriers to transformation A survey found that 60% of customer dissatisfaction sources originated in the back office.

Automation 144

Automation Out-Tasking Human Resources Finance 144

Magellan Solutions

JULY 21, 2023

Moreover, it reduces costs and streamlines operations. 3) Smart Sourcing with AI and Machine Learning A revolutionary development uses Artificial Intelligence (AI) and Machine Learning (ML) for innovative sourcing. 8) Data Analytics Outsourcing A key element in boosting business success is data analytics.

Outsourcing 94

Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

Capgemini

OCTOBER 6, 2023

All too often, data and analytics aren’t delivering the improvements businesses need. Advanced analytics are enabling headlamps to shine further along the road. Unlock actionable insights – achieving data value with self-service analytics, generative comments, interactive visuals, and built-in process automation triggers.

Analytics 52

Analytics Reduced Costs Automation Pharmaceuticals 52

Perficient Digital Transformation

JULY 21, 2022

Companies store a lot of data over different data sources that is built over time. These data sources are developed using different technologies and have very different data models from each other that includes both structured and unstructured data. Connect to disparate data sources and integrates them without replicating the data.

Sourcing 64

Sourcing Reduced Costs Analytics Banking 64

IBM Services

APRIL 25, 2024

Technologies such as supply chain management software (SCM), enterprise resource planning (ERP) systems, and advanced analytics tools can be used to automate and optimize processes. These strategic initiatives can involve streamlining organizational hierarchies, consolidating departments and outsourcing non-core functions.

Supply Chain Management 52

Supply Chain Management Finance Human Resources Robotics Process Automation 52

Future of Sourcing

MAY 23, 2023

Fifty-four percent of Harvard Business Review Analytics Services global survey respondents reported that agility and sourcing speed were top priorities for their purchasing operations. Better understand your employees’ buying behavior using advanced analytics and dashboards.

Right-Sizing 52

Right-Sizing Sourcing Analytics Efficiency 52

Everest Group

FEBRUARY 27, 2024

These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. Our survey asked enterprises about their readiness to adopt gen AI to identify significant areas where enterprises need specialized support.

Management 64

Management Out-Tasking Efficiency Outsourcing 64

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. Candidate Sourcing: Utilizing multiple channels to find candidates who fit the role’s requirements and the company culture. But why is this? me, low-skill positions.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Analytics 52

Obobo

OCTOBER 11, 2022

This system automates the sourcing, purchase order, and invoicing processes. This leads to faster turnaround times and reduced costs. By streamlining the procure-to-pay process, you can reduce waste and eliminate inefficiencies that lead to higher costs. What is an E-procurement system?

Software 64

Software Reduced Costs Out-Tasking Automation 64

Amzur

JANUARY 10, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. Consider how much time your team spends on these tasks – from planning to screening and onboarding.

Data Entry 105

Data Entry Right-Sizing Robotics Process Automation Automation 105

Automation Anywhere

OCTOBER 14, 2022

It improves quality and compliance while reducing costs and tapping into new revenue streams, providing clients with insights derived from data that was previously difficult to capture and analyze. Reducing errors RPA can help reduce errors in processes prone to human error such as data entry. REQUEST A DEMO.

BPO 52

BPO Robotics Process Automation Data Entry Human Resources 52

Infosys Consulting

FEBRUARY 15, 2024

The cloud provides a secure and scalable environment for fabless firms to automate processes, apply advanced tools, and adopt a collaborative approach to reduce costs as well as turnaround times for bespoke chipsets. Semiconductor enterprises need to design chips that are highly reliable and efficient.

Design 52

Design Co-Sourcing Collaborations Analytics 52

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Hyland

OCTOBER 31, 2022

Inefficiency in valid claims is often a source of leakage. Excessive processing can introduce delays and compound the cost of a claim. Leveraging data is one of the most crucial components of reducing claims leakage. Data and analytics also tend to underpin digital initiatives to curb leakage.

Efficiency 52

Efficiency Insurance Analytics Sourcing 52