3Pillar Global

JANUARY 4, 2024

Growing revenue and reducing costs remains a top priority for healthcare organizations in 2024. As such, revenue cycle optimization, streamlining payment, and reducing billing and coding errors are critical areas of focus. Reduced patient satisfaction. Platform modernization presents a solution.

Healthcare 52

Healthcare Reduced Costs Automation Administrative 52

IBM Business Partners

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Code creation: Code co-pilot, code conversion, create technical documentation, test cases and more.

Co-Sourcing 65

Co-Sourcing Regulations Human Resources Manufacturing 65

Obobo

MARCH 20, 2023

Procurement policies can take many forms, but they all have three main goals: reducing costs, meeting customer needs, and protecting the environment. They can help organizations manage their resources more effectively, improve decision-making and reduce risks. Procurement policies also help to avoid ethical violations.

Reduced Costs 40

Reduced Costs Regulations Finance Healthcare 40

Akorbi

SEPTEMBER 22, 2022

To achieve this certification, Akorbi demonstrated a systematic and documented approach to protecting and managing sensitive information, including intellectual property, employee and customer data, and financial information entrusted by third parties.

Regulations 52

Regulations Business Process Outsourcing Reduced Costs Risk Management 52

IBM Services

JANUARY 11, 2024

Disaster recovery plan (DRP): A disaster recovery plan (DRP) is a document that clearly outlines how an enterprise will recover from an unexpected event. Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45

Right-Sizing 104

Right-Sizing Regulations Cybersecurity Software 104

Obobo

OCTOBER 11, 2022

It also provides a central repository for all procurement-related data and documents. This leads to faster turnaround times and reduced costs. Enhanced Security: E-procurement systems offer increased security for sensitive data and documents related to purchasing decisions.

Software 64

Software Reduced Costs Out-Tasking Automation 64

Groove Technology

AUGUST 1, 2022

This software aids in the automation of all financial processes, including the management of quotes and estimates, billing and invoicing, calculating expenses and revenue, and managing financial documentation. Reducing Costs. What Is a Transportation Management System? Refining Transportation.

Software 130

Software Supply Chain Management Automation Manufacturing 130

Outsource Workers

AUGUST 22, 2022

It also involves maintaining proper documentation and ensuring compliance with state laws. Therefore, you want your payroll professionals to be well knowledgeable about the latest regulations by the government, such as what Payroller single touch payroll aims to achieve. Upgrade Your Payroll Software.

Payroll 98

Payroll Management Out-Tasking Software 98

Amzur

JANUARY 10, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. RPA bots extract information from the claim form, email, or uploaded documents when a new claim is submitted.

Data Entry 105

Data Entry Right-Sizing Robotics Process Automation Automation 105

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. This can include original contracts, amendments, addendums, and other related documents.

Management 40

Management Automation Regulations Out-Tasking 40

WebCreek

AUGUST 16, 2022

With the switch to cloud computing the oil and gas industry has benefitted from more efficient monitoring and quality assurance practices, reduced costs on data storage, more secure cybersecurity mechanisms, and new innovations to aid the development of the industry. Reduced Costs. Cloud Computing and Oil & Gas.

Nearshoring 59

Nearshoring Reduced Costs Cybersecurity Collaborations 59

IBM Services

JANUARY 19, 2024

Together, these documents help ensure businesses are prepared to face a variety of threats including power outages, ransomware and malware attacks, natural disasters and many more. Disaster recovery plans (DRPs) are detailed documents describing how companies will respond to different types of disasters.

Cybersecurity 101

Cybersecurity Reduced Costs Outsourcing Out-Tasking 101

Paysquare

APRIL 30, 2023

It provides many benefits for Small and Medium Sized Enterprises (SMEs), including minimizing payroll errors, improving security, maintaining dynamic government regulations, scalability, and reducing costs. Paysquare ensured accurate payroll processes and compliance with the latest legal regulations.

Payroll 52

Payroll Outsourcing Right-Sizing Labor Costs 52

Ivemsa

APRIL 20, 2022

There are several tax rules to become familiar with to avoid fines and/or delays in production, and in some cases, reduce costs. In terms of income tax laws, manufacturing in Mexico is subject to transfer pricing regulations, including the arm’s-length principle and safe harbor pricing. Income Tax Laws in Mexico.

Manufacturing 52

Manufacturing Regulations Nearshoring Payroll 52

Magellan Solutions

FEBRUARY 15, 2024

With rising costs and complex regulations overwhelming healthcare providers, partnering with overseas business process outsourcing (BPO) companies has become a strategic necessity. The partnership enabled Cigna to scale its operations and reduce costs while maintaining quality.

Call Center 52

Call Center Healthcare Outsourcing Insurance 52

Obobo

MARCH 19, 2023

It brings together data, documents, and processes to provide full visibility into contracts to easily identify and resolve issues— ultimately resulting in improved cost savings, faster time-to-signature, improved compliance with legal and regulatory requirements.

Software 40

Software Management Collaborations Automation 40

Obobo

MARCH 19, 2023

Effective contract management can help organizations reduce costs, improve efficiency, and maintain good relationships with suppliers. Contract closeout: This involves verifying that all work has been completed, documenting any issues or disputes, and ensuring that all parties are satisfied with the outcome.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Everest Group

FEBRUARY 2, 2023

This can save money on transaction processing, leading to lower operating costs. Trade finance Blockchain can help streamline the various paperwork involved in international trade and reduce the risk of fraud. Authentication Blockchain can be used to provide authentication services on documents such as contracts, loans, etc.,

Banking 98

Banking Service Right-Sizing Automation 98

Groove Technology

JULY 7, 2023

Offshore software development has become an increasingly popular strategy for businesses looking to optimize their operations, reduce costs, and tap into global talent pools. Use detailed documentation, visual aids, and wireframes to facilitate a common understanding between your organization and the offshore team.

Offshoring 100

Offshoring Software Collaborations E-Commerce 100

Velocity Global

MAY 25, 2021

With one central place to look for essential documents when questions arise about billing, HR teams eliminate hours of sorting through old emails or contacting independent contractors requesting necessary paperwork. Benefit Three: Cost Savings. This feature collects and stores important payroll data in one easy-to-use digital platform.

Payroll 52

Payroll Automation Reduced Costs Finance 52

Infosys Consulting

JANUARY 22, 2024

Selecting the appropriate tier can significantly reduce costs. This has a lower per-GB cost than Standard but charges a retrieval fee. Review regulation requirements and delete or archive backups accordingly. For document and key-value data, use Amazon DynamoDB. Use S3 Standard for frequently accessed data.

Right-Sizing 52

Right-Sizing Automation Analytics Reduced Costs 52

Obobo

MARCH 19, 2023

Contract management software is a type of computerized system that allows businesses to streamline the process of creating and managing contracts, as well as document storage and contract compliance. 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

Obobo

MARCH 19, 2023

The creation phase involves drafting the document, reviewing it, and obtaining approvals. Contract management ensures the compliance of contracts with all applicable laws and regulations. It helps them manage their contractual obligations and commitments while ensuring compliance with laws and regulations.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 7, 2023

By tracking all communications and transactions related to a purchase, organizations can be sure that they are adhering to all relevant laws and regulations. Additionally, by keeping all relevant documentation in one central location, organizations can avoid losing important records or information.

Software 40

Software Data Entry Automation Reduced Costs 40

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. Clearly document accounting procedures, workflows, and reporting requirements.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

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

Obobo

FEBRUARY 2, 2023

The goal of supplier management is to ensure that suppliers provide goods and services that meet the needs of the company in a timely and cost-effective manner. An effective supplier management system can help reduce costs, improve quality, and increase efficiency. What is Supplier onboarding? What is Supplier Compliance?

Software 52

Software Management Right-Sizing Reduced Costs 52

Pure Moderation

JANUARY 23, 2021

Online data entry involving customer support Online data entry services prepare and enter data gleaned from customer feedback, surveys, product registration cards, mailing lists, labels, and shipping documents. Outsourcing to a well-trained, international workforce can deliver first-class results at a fraction of the cost.

Data Entry 52

Data Entry Outsourcing Service Reduced Costs 52

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Infosys Consulting

OCTOBER 18, 2023

For example: AXA – AXA used ML to forecast high-loss scenarios, aiming to reduce costs and improve pricing. Compliance : Businesses can guarantee compliance with relevant laws and regulations by investigating regulatory data. This has reduced time wasted over finding such documents, as well as increased accuracy.

Healthcare 52

Healthcare Banking Finance Streamline Operations 52

Velocity Global

FEBRUARY 18, 2022

With one central place to look for essential documents when questions arise about billing, teams eliminate hours of sorting through old emails or contacting contractors requesting necessary paperwork. When teams don’t have the time or expertise to understand market-specific rules, they risk running afoul of regulators.

Automation 59

Automation Payroll Reduced Costs Out-Tasking 59

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. RPA bots extract information from the claim form, email, or uploaded documents when a new claim is submitted.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. RPA bots extract information from the claim form, email, or uploaded documents when a new claim is submitted.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. RPA bots extract information from the claim form, email, or uploaded documents when a new claim is submitted.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

IBM Services

FEBRUARY 6, 2024

Reduced costs from unplanned events: Cyber and disaster recovery can be expensive, with critical assets like employees, data and infrastructure being threatened. Stronger compliance: Heavily regulated sectors like healthcare and personal finance levy large financial penalties when customer data is breached.

Right-Sizing 98

Right-Sizing Cybersecurity Software Reduced Costs 98

Obobo

MARCH 19, 2023

Effective Enterprise Contract Management, therefore, is critical for ensuring compliance with regulations, optimizing contractual performance, mitigating risks, and achieving greater transparency and accountability. Importance of ECM in managing risks, reducing costs, and increasing efficiency in contract management.

Management 40

Management Finance Healthcare Pharmaceuticals 40

Obobo

MARCH 19, 2023

Through proper contract management, organizations can reduce legal costs, increase their bottom line, ensure compliance with regulations and industry standards, and even strengthen customer relationships. Document with specificity.”

Management 40

Management Collaborations Automation Out-Tasking 40