Perficient Digital Transformation

NOVEMBER 27, 2023

This blog was co-authored by Carl Aridas and Joel Thimsen. They are shifting from an efficiency model where improvements focus on optimizing internal functions to an effectiveness model that looks at customer outcomes holistically.” Build a reliable risk management strategy using accurate estimations and predictions.

Regulations 52

Regulations Efficiency Healthcare Automation 52

Everest Group

AUGUST 25, 2023

Our survey of procurement professionals found the technology holds great potential to transform spend analytics and cost optimization while increasing efficiency and saving time. Almost all the procurement professionals surveyed stated that increased efficiency of procurement processes is seen as the major benefit of using GAI in procurement.

Analytics 52

Analytics Sourcing Out-Tasking Efficiency 52

Groove Technology

MAY 7, 2024

This blog explores the compelling reasons why businesses around the world should consider India for their IT outsourcing needs. This adaptability, combined with cost-efficiency, makes India a compelling choice for IT outsourcing. Among the myriad of destinations for IT outsourcing, India stands out as a premier choice.

IT Outsourcing 130

IT Outsourcing Outsourcing Cybersecurity Government 130

Everest Group

SEPTEMBER 14, 2023

Uncover the risks and learn recommendations to address them in this blog. In the last decade, cloud has risen to immense importance across all geographies and verticals, offering enterprises numerous benefits such as scalability, agility, and cost efficiency.

Government 64

Government Finance Risk Management Risk Management 64

Everest Group

MARCH 19, 2024

Adequate resources are crucial to ensure scalability, allowing Gen AI systems to manage increasing workloads efficiently. These can play a pivotal role in easing the efficient deployment, orchestration, and monitoring of AI models.

Government 59

Government Advisory Risk Management Risk Management 59

Everest Group

JULY 7, 2023

By integrating sustainability into various aspects of their operations, insurers are not only mitigating risks associated with climate change and environmental degradation but also fostering long-term resilience and contributing to a more sustainable future.

Insurance 52

Insurance Analytics Government Risk Management 52

Everest Group

FEBRUARY 26, 2024

Traditionally, acquisitions were an opportunity to enter new product lines and geographies, gain new capabilities, and achieve cost savings and operational efficiencies through technology modernization and streamlining processes and systems. We are closely watching the market and regulatory actions.

Banking 59

Banking Risk Management Risk Management Marketing 59

Everest Group

MAY 26, 2023

This can lower alert fatigue and improve the mean time to detect or discover (MTTD), mean time to restore (MTTR), and threat coverage, and enhance overall risk management strategies while reducing total security operations costs. Everest Group will continue to follow this growth area.

Cybersecurity 52

Cybersecurity Automation Analytics Healthcare 52

Everest Group

MAY 24, 2023

Partnering with service providers will help insurers overcome barriers and improve efficiencies. Insurance plans must be customized to address clients’ unique needs and risk profiles. Prioritize risk management: By gaining insight into customer risks, intermediaries can offer proactive risk management services.

Insurance 52

Insurance Risk Management Risk Management Analytics 52

Everest Group

APRIL 3, 2024

As discussed in our previous blog , the emergence of quantum computing poses a significant threat to current public key cryptographic methods. Conduct an internal risk assessment: This can help identify and prioritize assets most impacted by a quantum computer cryptographically, thus exposing the organization to greater risk.

Cybersecurity 72

Cybersecurity Research Banking Collaborations 72

Everest Group

MARCH 17, 2023

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

IBM Services

MAY 1, 2024

Unlocking the full potential of supply chain management has long been a goal for businesses that seek efficiency, resilience and sustainability. The integration of generative AI in supply chain management holds immense promise for businesses seeking to transform their operations.

Supply Chain Management 83

Supply Chain Management Inventory Management Risk Management Risk Management 83

IBM Services

APRIL 19, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 91

Management Energy & Utilities Cybersecurity Risk Management 91

IBM Services

APRIL 12, 2024

This blog series discusses the complex tasks energy utility companies face as they shift to holistic grid asset management to manage through the energy transition. The first post of this series addressed the challenges of the energy transition with holistic grid asset management.

Energy & Utilities 87

Energy & Utilities Risk Management Risk Management Engineering 87

Everest Group

NOVEMBER 15, 2023

We also observed the scope is expanding into adjacent and/or non-traditional areas such as risk management and compliance and environmental, social, and governance (ESG). While most of these contracts remain operational with transactional/tactical processes, outsourcing complex and upstream work has increased.

Outsourcing 59

Outsourcing Government Banking Service 59

Perficient Digital Transformation

APRIL 11, 2023

In the second blog, Client Remediation – Running the Program (Part 2 of 3) , we looked at ways of shortening the length of client remediation programs. The Result of the Workshops can be Summarized per Process/Business Line: What risks are present? All data from the Workshops should be stored in the Risk Management Tool.

Risk Management 64

Risk Management Risk Management Banking Insurance 64

Everest Group

JULY 6, 2023

Learn about the benefits and components of composable platforms as well as the collaborative role ecosystem stakeholders can play to bring together the supply chain landscape in this blog. Reach out for more information on this topic.

Retail 52

Retail Supply Chain Management Inventory Management E-Commerce 52

Everest Group

JUNE 7, 2023

Consolidation also can help large entities better manage operations Customer Changing customer expectations : Consumers increasingly demand customized and convenient services and anticipate an omnichannel experience. In 2020, Hub acquired the assets of The Insurance Exchange, Inc., a leading insurance brokerage firm in California.

Insurance 52

Insurance Shared Services Analytics Marketing 52

IBM Services

APRIL 18, 2023

ISO 20022 data improves payment efficiency The impact of ISO 20022 on payment systems data is significant, as it allows for more detailed information in payment messages. This increased data granularity can help to improve the accuracy and efficiency of payment processing, enabling faster and more reliable settlement of payments.

Banking 115

Banking Analytics Risk Management Risk Management 115

inDinero

SEPTEMBER 26, 2023

The Evolution of the CFO Role in SaaS Historically, CFOs were primarily responsible for financial reporting and risk management. Risk Management : A SaaS CFO must be well-versed in risk management and compliance. Furthermore, technologies like AI can help automate mundane tasks and reduce operational costs.

Finance 98

Finance Risk Management Risk Management Analytics 98

IBM Services

JANUARY 30, 2024

Get inspired A successful data center implementation can best be described as a distributed, dynamic, efficient and resilient IT nucleus. Finance: Optimized for high-speed transactions and can assist in providing robust security, harnessing AI for fraud detection and real-time risk management.

E-Commerce 77

E-Commerce Analytics Manufacturing Flexibility 77

IBM Services

FEBRUARY 28, 2024

Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits. Sourcing teams are automating processes like data analysis as well as supplier relationship management and transaction management.

Sourcing 102

Sourcing Supply Chain Management Strategic Sourcing Automation 102

IBM Services

JANUARY 16, 2024

This coming year, emerging technologies, such as automation and efficiency, are expected to come to the forefront. In this blog we’ll breakdown trends likely to come out of these major technological advancements plus other trends including sustainability, cybersecurity and the return of crypto.

Service 51

Service Banking Risk Management Risk Management 51

Offshore India Data Entry

MAY 21, 2024

AI is being leveraged to automate repetitive tasks, enhance customer service, and provide valuable insights through data analytics.This is having a profound impact on the operational efficiency of BPO companies. Companies started outsourcing business tasks to BPO services providers to save costs and increase efficiency.

BPO 105

BPO Offshoring Data Entry Out-Tasking 105

Everest Group

NOVEMBER 16, 2022

This has created a big opportunity for GBS organizations to move from being measured for their labor arbitrage and cost efficiency to the value they can deliver to enterprises. These organizations are also focusing on workplace diversity , pay equity, and good governance structure to meet their ESG aspirations.

Sourcing 52

Sourcing Banking Global Business Services Impact Sourcing 52

Offshore India Data Entry

FEBRUARY 19, 2024

BPO focuses on delegating specific back-office tasks, like payroll processing or customer service, with the goals of reducing costs and improving efficiencies. Objective and Focus Business Process Outsourcing (BPO) and Business Process Management (BPM) are distinct strategies with divergent objectives and focus.

BPO 111

BPO Outsourcing Business Process Outsourcing External Service Provider 111

NoonDalton

APRIL 21, 2023

In this blog post, we will explore some of the benefits of ESG and why it is worth considering for your business. Improved risk management One of the primary benefits of ESG for growing companies and enterprises is improved risk management.

Risk Management 52

Risk Management Risk Management Operational Costs Efficiency 52

IBM Services

OCTOBER 30, 2023

Responses to the required questions that avoid intensely technical detail will allow for conversations on cybersecurity risks to be more accessible to all parties involved with the company. In fact, the Cost of a Data Breach Report 2023 found that the average cost of a breach climbed to a new high of USD 4.45 million, representing a 15.3%

Cybersecurity 79

Cybersecurity Regulations Risk Management Risk Management 79

31 West

NOVEMBER 25, 2023

In the rapidly evolving digital landscape of the 21st century, Information Technology Service Management (ITSM) has emerged as a critical component in various sectors, especially in education. This blog post delves into the significance of ITSM in enhancing IT support for students and faculty in educational institutions.

Management 130

Management Service Administrative Research 130

IBM Services

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 82

Risk Management Risk Management Cybersecurity Management 82

IBM Services

MAY 8, 2024

Orchestration solutions improve the efficacy and efficiency of risk management along digital user journeys. Identity orchestration Identity and access management projects are complex enough with many taking 12-18 months.

Administrative 86

Administrative Accounting Risk Management Risk Management 86

Offshore India Data Entry

AUGUST 18, 2021

Duties such as keeping records, personnel updates, and other such boring tasks, the outsourcing team could manage them better, using the appropriate know-how, tools, and expertise. Risk Management. Risk management during a pandemic of coronavirus is necessary. Updated Technological Access.

Outsourcing 98

Outsourcing Data Entry BPO Offshoring 98

Amzur

JUNE 7, 2023

From advancements in technology and data analytics to evolving regulatory landscapes and changing stakeholder expectations, this blog equips CFOs with the knowledge and strategies needed to thrive in the year ahead. Conducting a comprehensive risk assessment is another vital step.

Finance 52

Finance E-Commerce Analytics Risk Management 52

Infosys Consulting

SEPTEMBER 12, 2023

This first blog on Predictive maintenance (PdM) will discuss common maintenance challenges and how they can be mitigated. Asset-intensive industries face significant challenges during the maintenance of assets, impeding optimal performance, increasing costs, and affecting operational efficiency.

Infrastructure Costs 52

Infrastructure Costs Reduced Costs Manufacturing Risk Management 52

IBM Services

OCTOBER 16, 2023

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. “Foundation models make deploying AI significantly more scalable, affordable and efficient.” With watsonx organizations can: Operationalize AI workflows to increase efficiency and accuracy at scale.

Government 75

Government Management Risk Management Risk Management 75

IBM Services

FEBRUARY 19, 2024

Effective SCM initiatives offer several benefits: Lower operational costs : By optimizing inventory levels , improving warehousing efficiency and streamlining order fulfillment processes, companies can save on storage, labor and transportation expenses.

Supply Chain Management 86

Supply Chain Management Management Inventory Management Analytics 86

Obobo

OCTOBER 25, 2022

It can help you manage and track your supplier relationships, ensuring that you’re getting the best possible products at all times. In this blog post, we will explore the five major benefits of using supplier management software. This software can help manage inventory, billings, and payments.

Software 52

Software Management Risk Management Risk Management 52