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Top 7 Benefits of Outsourcing Administrative Functions for Insurance Companies

Magellan Solutions

Increasing client demands, ever-changing regulations, and competition are some of the difficulties. With the rising inflation, insurance companies are looking for ways to reduce costs. Business Compliance : Ensuring compliance in regulating laws to avoid legal and financial damages.

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The Definitive Guide to Hiring Remote Software Developers

Groove Technology

They can work during their most productive hours, and they don't have to worry about commuting or dealing with interruptions in the workplace. Reduced Overhead Costs Hiring a remote software developer eliminates the need for office space, equipment, and other overhead costs.

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What Is Business Process Management (BPM)?

Metasource

Reduced Compliance Risks : By automating workflows and eliminating manual tasks, organizations reduce the risk of errors and compliance issues often caused by data entry errors or lost documents. optimize workflows, and gain valuable insights to enhance efficiency and reduce costs.

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Leveraging generative AI on AWS to transform life sciences

IBM Business Partners

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.

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Akorbi Achieves ISO 27001 Certification

Akorbi

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. Follow us on Facebook , Twitter , LinkedIn , and Instagram.

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The Future of Blockchain in Banking and Financial Services and FinTechs | Blog

Everest Group

McKinsey estimates blockchain is expected to save around US$4 billion in cross-border payments and US$1 billion in retail bank operating costs and reduce regulatory fines by US$2-$3 billion and annual losses from fraud by US$7-$9 billion. Banks and financial institutions using blockchain 1.

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Evolution of Cloud Computing for Oil and Gas

WebCreek

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.