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How Digital Transformation Is Ushering In A New Era For Banking & Finance?

31 West

With some embracing the idea of outsourced IT help desk Services to third parties, it comes as no surprise that the banking and finance sector embrace the digital transformation. On that note, here’s a full rundown of the impact of digital transformation on the banking and finance industry. What is Digital Transformation?

Banking 130
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Unveiling the Hidden Gem of South America – Chile: A Country of Diversity and Culture

CGS Inc

While most people think of agriculture, finance, mining, and tourism as top industries in Chile, the customer support and business process outsourcing (BPO) industry is a hidden gem that world class brands are leveraging today for competitive advantage.

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The Rise of Global Business Services: The Future of Shared Services

Zinnov

Shared Service Centers is a well-established model that revolves around the centralization of specific business functions, such as HR, Finance, IT, or Customer Service, within an organization. Each office independently manages HR, finance, and IT functions, resulting in duplicated efforts and inefficiencies.

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GAG Pooling: What Is It, Challenges, and Benefits

Planergy Software

As stated in the Academies Trust Handbook by the ESFA, the only exception is Private Finance Initiative (PFI) funding. The primary purpose of GAG pooling is to enable more strategic and flexible use of resources across a MAT. Top slicing aims to reduce operational costs at individual schools by leveraging economies of scale.

Finance 52
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Time for a data center refresh? Get ahead of the growing digital landscape with a modern data center strategy

IBM Services

Regulated cloud costs Too often, organizations overprovision resources in case there’s a spike in demand to make sure their applications perform. But the cost of running inefficient workloads is often more than expected. This flexibility and efficiency give you the balance needed to meet ever-changing business demands.

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Down-to-Earth Reasons for Banks to Go for Cloud and Cloud Automation

Automation Anywhere

Within a few short weeks, the scalability, resilience, flexibility, and accessibility of cloud looked a lot more attractive, as banks sought to manage uncertainty and pivot to a different operating model.” Accenture says their clients were able to cut their operational costs by up to 20% by moving to the cloud.

Banking 98
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7 Popular Business Process Outsourcing Trends

Pure Moderation

Much of the drivers of the business process outsourcing industry’s economic success has to do with organisations putting a primer on improving efficiency, lowering operational costs, and becoming more scalable and agile. This shift would have initially been challenging because outsourcing services were traditionally done on-site.