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Beyond the Big Three PBMs: Examining a Potential Trend

Perficient Digital Transformation

This integration raises critical questions about reduced competition, increased market power for industry giants, and a lack of transparency in cost control and profit distribution. This innovative approach aims to optimize cost savings for members while ensuring access to necessary medications.

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The Six Key Pricing Themes Dominating 2023 | Webinar

Everest Group

However, those metrics stabilized in the first few months of 2023, and due to today’s economic environment, the focus has turned to cost control. To make the best decisions going forward and fulfill their cost-cutting mandates, business leaders must stay on top of these shifts.

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Blockchain: The Secret Sauce to Supply Chain Visibility 

Perficient Digital Transformation

In “Behind the Golden Arches” by John Love, the author shares an anecdote of how in the early days of McDonald’s, the company was having cashflow problems despite its being a significant source of revenue for many farmers.

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What is Spend Analytics Software? – Definition

Obobo

It helps with budgeting and forecasting, vendor management , cost control, contract management, and much more. improving procurement processes by automating sourcing and contract management. First, the software must be able to collect data from a variety of sources. But, what exactly is spend analytics software?

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What is Spend Analytics Software? – Definition

Obobo

It helps with budgeting and forecasting, vendor management, cost control, contract management, and much more. improving procurement processes by automating sourcing and contract management 4. First, the software must be able to collect data from a variety of sources. But, what exactly is spend analytics software?

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Enterprises—More Open than Ever to Outsourcing—Will Drive Double-Digit Growth in Finance and Accounting Outsourcing (FAO), According to Everest Group | Press Release

Everest Group

During this time, service providers have proven themselves to be valuable partners, not just in cost control, but in far more sophisticated ways, like helping organizations respond to workforce challenges, adopt digital technologies, and develop strategies for governance, ESG, and more. About Everest Group.

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How to Avoid Hidden Costs of Offshore Hourly Rates

SIG Speaks

So, how can you avoid additional costs associated with services provided by your outsourcing partner? At SMC2 we find that many Global Insourcing Center RFPs ask for hourly rates as a selection criterion to support cost control or optimization. The reality is that eliminating the problem would reduce future billable hours.