Everest Group

MARCH 17, 2023

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. With five key transformation levers described in this blog, MGAs can overcome challenges and unlock a wave of unprecedented sustainable growth. Read on to learn more.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Paysquare

AUGUST 7, 2023

Overall, outsourcing accounts is significant as it enables businesses to streamline operations, reduce costs, access specialized skills and maintain compliance with accounting standards and regulations. Evaluate their technological capabilities, security protocols, and communication channels to ensure smooth collaboration.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Planergy Software

MARCH 24, 2022

Develop a Vendor Management Policy A vendor management policy is a document that tells senior management and the board members about all of your vendor management activities. The more comprehensive your policy is, the better as it serves as the foundation of strategic and robust management practice.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 10, 2021

Purchasing costs , generated by your procurement team conducting their duties. This includes not only purchasing itself, but all of the indirect labor required to support it, such as data entry, file management, communication and collaboration with other departments, etc. Improving risk management.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59

Obobo

MARCH 19, 2023

Vendor contract management tracks the performance of all vendors associated with an organization and helps manage their relationships with them better. It centralizes the documentation and records of all vendor contracts in one place, allowing for improved collaboration and compliance.

Management 40

Management Reduced Costs Automation Accounting 40

Obobo

MARCH 19, 2023

Do you struggle to keep track of your contracts and related documents? If so, a contract management system might be the solution you need. A contract management system is a software platform that helps organizations manage all aspects of the contract lifecycle, including drafting, negotiation, execution, and ongoing maintenance.

Management 40

Management Automation Out-Tasking Administrative 40

Obobo

MARCH 19, 2023

Contract lifecycle management software (CLM) is a technology tool that simplifies the creation, negotiation, and management of contracts. CLM helps organizations manage contractual relationships throughout their entire life cycle – from generating contracts through execution to post-execution management.

Software 40

Software Management Collaborations Automation 40

Obobo

MARCH 19, 2023

In today’s business world, contract management software is becoming more important than ever for businesses of all sizes due to the complexity of managing contracts. With automated processes in place, businesses can reduce the amount of manual effort required to manage contracts and maximize efficiency.

Software 52

Software Management Right-Sizing Automation 52

Planergy Software

APRIL 19, 2023

If you are following a 3-way matching process you will match against the PO and also the goods received note or other relevant receiving documents. Managing Documents and Audit Trails Working with paper causes many problems, not least is that it goes missing. That’s where full cycle accounts payable helps.

Accounting 52

Accounting Jobbing Software Automation 52

Obobo

MARCH 19, 2023

Moreover, using a contract management system improves collaboration within organizations, as all users can access the same information and documents, making it easier to work together on contract-related tasks. What are the components of a contract management system?

Management 40

Management Automation Regulations Out-Tasking 40

Obobo

MARCH 19, 2023

The Contract Management Lifecycle involves five distinct phases: initiation, creation, execution, compliance, and renewal. The creation phase involves drafting the document, reviewing it, and obtaining approvals. This document is now enforceable, and all parties must adhere to the terms of the agreement.

Management 40

Management Reduced Costs Efficiency Regulations 40

Globalization Partners

DECEMBER 30, 2021

If you’re looking to grow your company in the Netherlands, international collaboration is easier than ever right now. Companies can also reduce costs through international growth, as some governments offer incentives for companies to invest. The partnership between the U.S.

Payroll 98

Payroll Research Marketing Government 98