Intugo

JANUARY 23, 2024

Ensure the company has the resources, infrastructure, and flexibility to scale operations seamlessly without compromising quality. Geographical Considerations: Location can impact various aspects, from communication and collaboration to regulatory compliance and cultural understanding.

Outsourcing 59

Outsourcing Nearshoring Call Center Flexibility 59

Magellan Solutions

MAY 2, 2024

Increased Efficiency and Productivity Offshore outsourcing providers often have well-established processes and technologies to streamline operations. Geopolitical and Regulatory Risks The political and regulatory landscape of the country where you outsource offshore can introduce various risks.

Offshoring 52

Offshoring Outsourcing Right-Sizing Call Center 52

Everest Group

MARCH 17, 2023

On the product side, MGAs have the flexibility to build products in collaboration with the insurer but may have a lower appetite for innovation and slower speed to market, depending on the insurer’s capability and commitment. On the customer relationship side, these specialized agents have full control over all customer activities.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Everest Group

NOVEMBER 28, 2023

Everest Group’s research shows just about half of the major US-based property and casualty (P&C) insurers utilize MGAs to cover specialized risk. Conning’s analysis of statutory filings found that premiums generated by MGAs for US insurance companies grew at a startling rate of 27% in 2022.

Insurance 58

Insurance Service Co-Sourcing Analytics 58

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

Obobo

MARCH 19, 2023

It provides companies with a centralized platform to manage all their contracts with vendors, customers, and partners. A good Contract Management System streamlines the entire process, from creating contracts to collecting electronic signatures to storing documents, facilitating collaboration and increasing efficiency.

Management 40

Management Automation Out-Tasking Administrative 40

IBM Services

APRIL 4, 2024

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes.

Management 58

Management Automation Out-Tasking Inventory Management 58