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How Platform Modernization Can Boost Claims Processing Speed by 95%

3Pillar Global

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. Compliance risks. Revenue leakage.

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What Is Contract Management In Procurement?

Obobo

Procurement professionals need to understand how contract management works in order to maximize their success in the procurement process. In this article, we’ll dive deep into the concept of contract management in procurement. What is Contract Management in Procurement? What is Contract Management in Procurement?

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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Managing General Agents (MGAs) and wholesalers are becoming increasingly relevant in the insurance ecosystem due to the unique advantages they have over brokers/agents. Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity.

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11 Cost Reduction Strategies in Procurement

Obobo

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. Here are some of the top strategies that can help: 1.

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What Is A Contract Management System And Why Is It Important?

Obobo

The power of technology and automated systems have been embraced in almost all business areas, and contract management is no exception. A contract management system is a tool that helps streamline the review, signing, and execution of contracts. What Is A Contract Management System? What Is The Process Of Contract Management?

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Accounting Outsourcing Best Practices: How to Ensure Success

Paysquare

This leads to improved operational efficiency and cost savings. 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.

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What Is Contract Management Software And Why Is It Important?

Obobo

In today’s business world, contract management software is becoming more important than ever for businesses of all sizes due to the complexity of managing contracts. With automated processes in place, businesses can reduce the amount of manual effort required to manage contracts and maximize efficiency. Table Of Content.