Future of Sourcing

MAY 23, 2023

Increase efficiencies with digital tools Companies are moving faster across six dimensions of resilience: finance, operations, technology, organization, business model, and reputation. This flexibility allows organizations to conserve cash, delay payments until the time is right, and avoid costly fees.

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Right-Sizing Sourcing Analytics Efficiency 52

Obobo

JANUARY 13, 2023

In this blog post, we will provide a definition of what cost tracking tools are and explore how they can help businesses manage their costs more efficiently. What are Cost Tracking Tools? There are many cost tracking tools available on the market today. How to Choose the Right Cost Tracking Tool for Your Business.

Supply Chain Management 40

Supply Chain Management Right-Sizing Finance Inventory Management 40

Planergy Software

SEPTEMBER 20, 2023

Effective business travel management can lead to cost savings, increased employee satisfaction, and improved productivity. The right travel management solution can help ensure compliance with company policies, provide valuable insights into travel spending, and streamline the entire travel process. But fear not, weary traveler!

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Management Right-Sizing Software Finance 52

Influx

FEBRUARY 16, 2023

Scaling is a challenging yet rewarding endeavor that businesses can achieve with patience, persistence, and the right strategies. Businesses need the right planning and support to see success when scaling. How to scale customer support Is scaling your business the right move? Find your support solution today!

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Right-Sizing Customer Support Out-Tasking Automation 52

Obobo

FEBRUARY 8, 2023

Automated invoice processing can save time, money and resources for businesses of any size. This type of automation allows companies to streamline their accounts payable processes, reduce manual data entry and errors, improve accuracy and visibility into their financials and increase their bottom line.

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Influx

JANUARY 19, 2023

No matter the size of your business, you can benefit from operational efficiency in a myriad of ways. The goal of operational efficiency is to produce more output with fewer inputs in order to increase productivity and reduce costs. Monitoring business operations and adjusting for effectiveness is vital for long-term success.

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Efficiency Sales Reduced Costs Customer Support 52

Obobo

DECEMBER 17, 2021

Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics. To configure, manage, and track custom savings, procurement teams often use source-to-pay or finance software. Meanwhile, procurement is looking for “soft savings” by avoiding costs.

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Magellan Solutions

JULY 21, 2023

Outsourcing allows businesses to enjoy advantages such as: Specialized expertise Access to the latest technologies Streamlined business processes Cost saving Increased efficiency and productivity Flexibility Focus on core tasks Selecting the right outsourcing partner can help companies improve efficiency and optimize business processes.

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Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

Planergy Software

OCTOBER 18, 2023

Companies of all sizes can benefit from a travel management solution. Cost Savings and Productivity Gains Using corporate travel programs can help reduce costs, as companies can negotiate discounts on airfare, hotel stays, and car rentals. download a free copy of our guide 3.

Finance 52

Finance Reduced Costs Management Risk Management 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. Accounting and Finance (A&F) Operations Automation: A&F operations involve a lot of human intervention and tedious tasks.

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. Accounting and Finance (A&F) Operations Automation: A&F operations involve a lot of human intervention and tedious tasks.

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. Accounting and Finance (A&F) Operations Automation: A&F operations involve a lot of human intervention and tedious tasks.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Magellan Solutions

MARCH 19, 2024

Effective HR practices can attract and keep top talent, while solid accounting and finance processes ensure accurate financial reporting and compliance. This approach offers many benefits, including cost-effectiveness and flexibility, compared to the traditional employment of full-time staff. ” And why does that matter?

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NoonDalton

OCTOBER 23, 2023

By turning to specialized external partners for various business functions, companies can reduce costs, tap into global expertise, and reallocate precious internal resources towards core competencies and innovation. This can result in delayed production, increased costs, and an inability to meet customer demands in a timely fashion.

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Outsourcing E-Commerce Reduced Overhead Healthcare 52

Premier BPO

MAY 24, 2021

Turnover and attrition are top drivers for companies to find alternative solutions, in order to function, irrespective of company size. As firms are forced to comply with the $15 baseline, they are presented with two choices to offset it; either raise the price of their product or find other ways to cut cost.

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Obobo

JANUARY 10, 2023

Greater control: A process costing system can give managers greater control over costs by providing detailed information on where each cost is incurred. This information can be used to make decisions on how to reduce costs and improve efficiency. How to choose the right process costing system for your business.

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Manufacturing Right-Sizing Accounting Reduced Costs 40

MicroAgility

JULY 15, 2022

The right blockchain consultant will save you time and money by providing comprehensive services, from ideation to development to launch. However, getting started in the right manner to reap the full benefits of the technology is a significant task. Identify the Right Blockchain Protocol. Guaranteed Successful Implementation.

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Planergy Software

OCTOBER 4, 2022

Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Volume refers to the sheer size of the data. Using the Right Tools and Platforms. Big data analytics is an important tool for businesses of all sizes. Big Data Analytics Tools.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

FEBRUARY 4, 2022

Step Two: Establish Your Baseline If you don’t know where you are right now, how can you properly determine what you need to do and how you’re going to do it? Without an assessment of your current situation, you may run into issues with sustained focus or keeping your attention on the right priorities.

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Right-Sizing Accounting Finance Government 52

Planergy Software

MARCH 24, 2022

As you work to build the right supplier management system for your business, consider these best practices. Determine Business Requirements Procurement is about more than cutting costs and trying to find the least expensive deal. Learn best practices for purchasing, finance, and more. download a free copy of our guide.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

JUNE 7, 2022

Robotic Process Automation in Finance. Whether in response to an industry shift, market hiccups, or a single competitive threat, finance leaders and professionals are stepping back to reevaluate their accounting and finance systems, operations, and business processes. Download Free Copy. Written by. Lyle Del Vecchio.

Robotics Process Automation 52

Robotics Process Automation Finance Automation Out-Tasking 52

Obobo

MARCH 19, 2023

Contract management is one of the most important functions of any business, regardless of size or industry. Improved Risk Management Proper contract execution and management can help businesses minimize potential errors, avoid confusion, and reduce legal risks while ensuring that both parties are held accountable for their obligations.

Management 40

Management Collaborations Automation Out-Tasking 40

Magellan Solutions

JULY 5, 2021

As a result, it might be hard for any start-up business owner to look for the right BPO company for their operation. . That’s why more than the pricing, small business owners should be more meticulous in finding the right outsourcing partner. Finance services. Customer-based Organization. Telemarketing . Customer service.

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Perficient Digital Transformation

JULY 20, 2023

This concept is frequently also referred to as “Horizontal Scaling” As traffic fluctuates, the system can automatically add or remove instances to match demand, optimizing resource utilization and reducing costs during periods of low activity.

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Efficiency Reduced Costs Right-Sizing Flexibility 52

Everest Group

FEBRUARY 2, 2023

Blockchain also is being used through Decentralized Finance (DeFi) and Decentralized Apps (DApps). This can save money on transaction processing, leading to lower operating costs. Blockchain allows banks to automate their back-office operations and reduce manual errors, which can result in significant savings for businesses.

Banking 98

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Planergy Software

SEPTEMBER 24, 2021

In the past, the CFO served largely as a finance chief. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. They don’t just lead the finance team or spearhead initiatives to reduce costs. Today’s CFO Challenges Are Bigger Than Ever.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Obobo

FEBRUARY 2, 2023

It also includes having the right technology in place to track contracts and orders, and to ensure timely delivery. When done correctly, supplier management can improve organizational efficiency and effectiveness by ensuring that the right products and services are delivered at the right time and at the right price.

Software 52

Software Management Right-Sizing Reduced Costs 52

Planergy Software

MARCH 29, 2022

This step can make or break an organization’s ability to understand its data better and leverage it to maximize profitability, reduce cost, and create value for shareholders. Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Obobo

MARCH 19, 2023

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. How to Choose the Right Contract Management Software for Your Business Conclusion What Is Contract Management Software? Table Of Content.

Software 52

Software Management Right-Sizing Automation 52

Obobo

JANUARY 10, 2023

An ERP system typically includes modules for finance, human resources, manufacturing, supply chain management, customer relationship management (CRM), and project management. While most ERP systems are designed for large enterprises, there are also many ERP solutions available for small and medium-sized businesses. Conclusion.

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Right-Sizing Supply Chain Management Human Resources Data Entry 40

Obobo

MARCH 19, 2023

The Contract Management Lifecycle is vital for businesses of all sizes and industries. A well-managed contract can provide significant benefits to an organization, including improved relationships with vendors and partners, reduced costs, and increased operational efficiency.

Management 40

Management Reduced Costs Efficiency Regulations 40

Obobo

MARCH 19, 2023

When it comes to choosing the right CLM software provider, it’s essential to consider the features that are offered. It’s important to choose the right CLM software depending on your specific business needs. With CLM software, businesses can harness the power of their contract data to optimize processes and reduce costs.

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Software Management Collaborations Automation 40

Obobo

MARCH 19, 2023

How To Choose The Right Contract Management System? It allows businesses to efficiently create, store, track, and analyze contracts, reducing the risk of errors, non-compliance, and disputes. A contract management system has several key features that make it essential for organizations of all sizes and types. Table Of Content.

Management 40

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IBM Services

FEBRUARY 9, 2024

According to a recent IBM survey of over 1,000 employees at enterprise-scale companies , the top three factors driving AI adoption were advances in AI tools that make them more accessible, the need to reduce costs and automate key processes and the increasing amount of AI embedded into standard off-the-shelf business applications.

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