IBM Business Partners

JUNE 23, 2023

Although interest rates have increased at an unprecedented rate over the past year due to efforts by central banks to curb inflation, insurers are locked into low-yielding investments, and it will take several years for their investment yields to improve. Core modernization (processes and technology) is a top priority for every insurer.

Insurance 58

Insurance Administrative Right-Sizing Automation 58

Everest Group

MARCH 17, 2023

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.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

Magellan Solutions

FEBRUARY 14, 2024

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. Outsourced centers can quickly add hundreds of agents as needed, providing tremendous flexibility. This improves customer satisfaction.

Call Center 98

Call Center Healthcare Outsourcing Insurance 98

Everest Group

MARCH 24, 2023

Read on to learn how the disruptions will impact the wealth management industry and the role technology and service providers can play to help wealth managers navigate the choppy waters ahead. While the industry has demonstrated good resiliency and recovery post-pandemic, signs point to subdued growth in the next few years.

Management 52

Management Advisory Government Reduced Costs 52

Magellan Solutions

JULY 14, 2021

Other industries can outsource customer service and yield all of its benefits as well. When we talk about customer support outsourcing , most businesses will immediately think of big industries such as Information Technology and Finance. But lesser known and growing industries can also benefit from it. Education Industry.

Customer Service 52

Customer Service Outsourcing Call Center Service 52

IBM Services

APRIL 10, 2024

Organizations need full flexibility to address important questions, including: How soon can you test your hypothesis (such as how many geographies or which user personas)? Developer Experience: A truism is emerging in the software industry: good developer experience leads to great customer experience. It needs minimal setup.

Software 95

Software Efficiency Flexibility Reduced Costs 95

Groove Technology

MAY 18, 2023

Healthcare: MuleSoft helps healthcare organizations integrate electronic medical records (EMRs), patient portals, insurance systems, and other healthcare-related applications to improve patient outcomes, reduce costs, and enhance the patient experience. What are some use cases for MuleSoft real-time integration?

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

Everest Group

OCTOBER 1, 2022

Low code/no code development holds promise for banking, financial services, and insurance (BFSI) firms to gain agility and cost-effectively build innovative technology solutions – without needing professional developers who are in short supply. Reduced cost by having internal teams for development and maintenance.

Insurance 59

Insurance Banking Reduced Costs Collaborations 59

Magellan Solutions

FEBRUARY 15, 2024

In recent years, the US healthcare industry has significantly increased its reliance on healthcare call center outsourcing companies to enhance patient care and operational efficiency. These countries’ lower wages and benefits make outsourcing attractive, translating to significant savings for healthcare providers and insurers.

Call Center 52

Call Center Healthcare Outsourcing Insurance 52

Magellan Solutions

NOVEMBER 7, 2023

Outsourcing to a call center not only helps them with software development and customer service but it assists them in becoming flexible in their operations, especially during product launches and updates where they experience a peak in inbound calls. Let us help you streamline your operations and improve work efficiency at a reduced cost.

Call Center 52

Call Center Outsourcing Pharmaceuticals Out-Tasking 52

NoonDalton

SEPTEMBER 8, 2021

Especially as industry titans like The Wall Street Journal, Hershey Foods, and Time Warner Inc. continue to leverage BPOs to cut costs and improve efficiency. Reduced Costs. Clients benefit from the “shared-agent” strategy since it decreases idle time and lowers the cost-per-call rate.

Call Center 98

Call Center Outsourcing BPO Flexibility 98

inDinero

SEPTEMBER 1, 2023

Table of Contents What industries do best during a recession? What industries do best during a recession? Certain types of businesses or industries will survive recessions or an economic slowdown better than others. Instead, consider flexible staffing options and identify and eliminate any redundancies across the workforce.

Reduced Overhead 52

Reduced Overhead Accounting Right-Sizing Efficiency 52

Akorbi

FEBRUARY 23, 2022

A key component for business success is mitigating costs. Whether you run a multi-million dollar enterprise or a small-volume team, reducing costs is essential to maximizing profit. Therefore, they are not bound to a company’s policies, health, or insurance benefits. Industries Served.

Human Resources 52

Human Resources Reduced Costs Retail Insurance 52

Mercans

MAY 25, 2022

Professional Employer Organizations (or PEOs) are starting to gain the attention of different industries. As of 2019, the ROI on PEOs was 27% with approximately $1,775 saved on cost per employee. Below, we’ll look a little more closely at how a PEO can reduce costs, and how working with one can help your business maximize its ROI.

Out-Tasking 52

Out-Tasking Insurance Human Resources Flexibility 52

Mercans

MAY 25, 2022

Professional Employer Organizations (or PEOs) are starting to gain the attention of different industries. As of 2019, the ROI on PEOs was 27% with approximately $1,775 saved on cost per employee. Below, we’ll look a little more closely at how a PEO can reduce costs, and how working with one can help your business maximize its ROI.

Out-Tasking 52

Out-Tasking Insurance Human Resources Flexibility 52

Paysquare

AUGUST 7, 2023

Additionally, outsourcing allows for scalability and flexibility, enabling businesses to adjust resources according to fluctuating demands. 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.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Mercans

JANUARY 5, 2022

Small payroll bureaus provide more personalized service than larger payroll companies, however, many lack industry connections, and lack up-to-date technology. Benefits packages typically cost between 25-40% of an employee’s salary. How does Mercans calculate payroll cost? Free up staff and achieve cost savings.

Payroll 52

Payroll Outsourcing Reduced Costs Banking 52

NoonDalton

DECEMBER 13, 2021

For example, a recruitment agency looking to expand quickly to meet the growing demands of the industry could benefit from outsourcing admin and routine tasks, enabling their recruiters to focus on strategic projects. Here are the top 3 ways we help our customers: Reduced costs. Insurance Processing. Ability to scale.

E-Commerce 97

E-Commerce Out-Tasking Outsourcing Administrative 97

Planergy Software

OCTOBER 6, 2022

How better management in AP can give you better flexibility for cash flow management. Hyperautomation With the increasing importance of customer experience in the insurance industry, businesses must implement technologies that make customers’ lives better. Automation can make the healthcare industry more profitable.

Automation 52

Automation Finance Human Resources Reduced Costs 52

Perficient Digital Transformation

MARCH 21, 2023

One of the biggest benefits of resource augmentation is the flexibility it provides. Quickly scale up or down on demand without sacrificing project timelines or quality. Controlled and Reduced Costs There are costs associated with recruitment, training, and benefits, not to mention the costs of salaries and other compensation.

Project Outsourcing 64

Project Outsourcing Software Outsourcing Sourcing 64

Velocity Global

MARCH 16, 2022

Under these flexible working arrangements, employees can work from their homes, coworking spaces, coffee shops, or other places that are not company-sponsored. During that time, many employees began to enjoy working remotely because of the flexibility it provides. Reduces cost of office space and supplies for employers.

Jobbing 52

Jobbing Flexibility Collaborations Accounting 52

Mercans

OCTOBER 26, 2021

When a company joins a PEO, their employees will have access to some or all of the following: Medical, dental, life, disability, and accident insurance. A flexible healthcare spending account. Management of employee claims and Employee Practice Liability Insurance (EPLI). Reduce costs. A retirement account.

Co-Sourcing 52

Co-Sourcing Payroll Insurance Administrative 52

Infosys Consulting

MARCH 14, 2023

in the first article , I set a foundation for the need for digitization in the aged care industry. This enables more flexibility and reduced costs for installation and retrofitting. Figure 6: Example IoT use cases across industries The value realization from Infosys’ IoT clients across industries is depicted in Figure 8.

Healthcare 52

Healthcare Analytics Reduced Costs Manufacturing 52

Planergy Software

OCTOBER 22, 2021

But continuing to rely on manual systems can prove to be costly for businesses, creating multiple issues across the board including the following: A lack of flexibility: Manual financial systems often require employees to work onsite, offering little in the way of flexibility.

Finance 98

Finance Automation Robotics Process Automation Out-Tasking 98

NoonDalton

DECEMBER 13, 2021

For example, a recruitment agency looking to expand quickly to meet the growing demands of the industry could benefit from outsourcing admin and routine tasks, enabling their recruiters to focus on strategic projects. Here are the top 3 ways we help our customers: Reduced costs. Insurance Processing. Ability to scale.

E-Commerce 52

E-Commerce Out-Tasking Outsourcing Administrative 52

Magellan Solutions

NOVEMBER 16, 2022

It helps reduce costs making it a cost saving and cost effective option. One benefits of outsourcing that firms love is flexibility. This is pressingly true for insurance and accounting firms that need updated versions of software. One of the primary reasons why companies outsource is to save on labor costs.

Outsourcing 75

Outsourcing Labor Costs Out-Tasking Business Process Outsourcing 75

NoonDalton

NOVEMBER 2, 2022

Work performed in developing countries such as India can be performed at a lower cost than work performed in the United States, with the cost difference fluctuating by roughly 60%. For instance, wages are lower, as is the cost of living, in the Philippines. Why Does Outsourcing Reduce Costs? Less Personnel to Pay.

Outsourcing 40

Outsourcing Out-Tasking Right-Sizing Payroll 40

Pure Moderation

MAY 21, 2021

The cost of losing business to poor customer service amounts to several tens of billions each year, regardless of the size or sophistication of the organisation. Founded in 1989 by Al Davidson, Strategic Sales and Marketing has over 30 years of experience in the lead generation industry. Out2Bound outsource customer care.

Customer Service 94

Customer Service Outsourcing Service Customer Support 94

Magellan Solutions

APRIL 6, 2020

How Much Does Data Entry Outsourcing Cost? The Data Entry Outsourcing Industry in the Philippines. Here are some of the non-negotiables when looking for a data entry service provider: Knowledge and experience in your industry. Look for a track record on your industry to ensure you won’t get cheated. Flexibility.

Data Entry 52

Data Entry Outsourcing Out-Tasking Offshoring 52

Obobo

MARCH 19, 2023

Effective contract management can help organizations reduce costs, improve efficiency, and maintain good relationships with suppliers. Increased Compliance: Contract management can also help businesses ensure they are complying with relevant laws, regulations, and industry standards.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Planergy Software

JUNE 7, 2022

How better management in AP can give you better flexibility for cash flow management. 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.

Robotics Process Automation 52

Robotics Process Automation Finance Automation Out-Tasking 52

Pure Moderation

MAY 19, 2022

One of the main reasons businesses outsource customer service operations is to reduce costs related to training. We offer bespoke customer support services to suit any industry and size of organisation and offer the ability to quickly scale up or down as needed to suit changes in business needs and goals.

Customer Service 52

Customer Service Outsourcing Service Customer Support 52