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The business value of operating core insurance solutions on the cloud

IBM Business Partners

Insurers are also struggling with high, mostly fixed costs and the complexities of maintaining legacy systems, which makes current variable cost-based alternatives more attractive. Insurers want to shift from fixed to variable, “pay-as-you-go” operating costs.

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Business process reengineering (BPR) examples

IBM Services

The methodology gained prominence with the publication of a 1990 article in the Harvard Business Review, “Reengineering Work: Don’t Automate, Obliterate,” by Michael Hammer, and the 1993 book by Hammer and James Champy, Reengineering the Corporation. This enables organizations to streamline processes and cut costs.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in 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.

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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

Book a Live Demo. With an effective and efficient procurement process, you can quickly deliver cannibal cost Improvement while enhancing supply chain agility. As a result, you can reduce costs while producing more for less to give yourself a competitive advantage. Cristian Maradiaga. King Ocean. What’s your goal today?

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How Profitability Ratio Analysis Can Help Your Business

Planergy Software

Book a Live Demo. Net profit margin, also known as net margin, calculates company profitability after the cost of goods sold, operating expenses, and interest and tax expenses have been deducted. For example, if your gross margin is good, but net profit is suffering, take a look at your overhead and associated operating costs.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. This streamlined approach can lead to lower operating costs, increased profit margins, and more competitive customer pricing. Book a Live Demo 2.

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Contact Center Terminology – Abbreviations & Key Terms Explained!

Balbelforce

Cost per call is key performance indicator that grants insight into how effectively a contact center’s budget is being spent. Cost per call is calculated by dividing the center’s total operating costs for a given time period by the number of calls. Employee Satisfaction (ESat). Application Service Provider (ASP).