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Insourcing vs Outsourcing: How To Choose The Model That Is Right For You

Zinnov

Unbundling ‘core vs support,’ companies looked at offshore locations to cut costs and reduce overheads. While it is undeniable that accessing global talent is fundamental to achieving sustained competitive advantage, companies face a conundrum when choosing the right model of globalization – Insourcing or Outsourcing.

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Benefits And Risks in Outsourcing F&A Services

Premier BPO

The global Financial services outsourcing market size was estimated at $130 Billion in 2021 and is projected to grow at a rate of 7.5% To successfully outsource part of your Finance department or service banner, it is imperative to pick the right BPO partner. Fortunly ). Cost-Efficiency.

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Travel and Expense Management: What Is It, Challenges and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we will discuss some of the basics of travel and expense management and some best practices to make your life a little bit easier. How to gain visibility and control of your indirect spend.

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11 Cost Reduction Strategies in Procurement

Obobo

For companies looking to reduce costs, procurement is often one of the first places they look. In this blog post, we are going to examine 11 effective cost reduction strategies in procurement. Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing.