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The Ultimate Supplier Performance Evaluation Checklist

Obobo

Payment terms A flexible payment process offers sourcing organizations much more flexibility than rigid payment terms. Innovation Those suppliers who put innovation at the center of their offerings are more likely to succeed in the long run than those who are not interested in it.

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How Can Regional Insurance Carriers Harness the Power of AI?

Perficient Digital Transformation

This flexibility in pricing helps regional carriers attract and retain customers in a highly competitive market. This enables them to offer competitive pricing while maintaining profitability. For example, AI can identify patterns in customer behavior and adjust premiums accordingly, incentivizing safer driving habits or healthier lifestyles.