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Revolutionizing Risk: Exploring Actuarial Outsourcing in Insurance | Blog

Everest Group

Outsourcing is a growing trend in the insurance industry to transform the actuarial function by reducing costs, creating innovation, increasing efficiencies, and filling the talent demand. This growth rate surpasses most occupations, signaling a promising future for those working in the industry. Contact us to learn more.

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Top Reasons Why You Should Consider India For Your IT Outsourcing

Groove Technology

In today’s globalized business environment, outsourcing IT functions is a strategic move for many companies looking to enhance service quality, reduce costs, and access a wider talent pool. This experience translates into better risk management, compliance, and understanding of global market nuances for their clients.

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OCC Considers Artificial Intelligence an Emerging Risk in Banking

Perficient Digital Transformation

This blog was co-authored by: Ashley Simmons In conversations with financial services executives, Perficient consultants consistently delve into the application and usage of artificial intelligence (AI) within the industry. A pivotal aspect of this conversation revolves around the regulatory perspective toward AI.

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BPO vs BPM: Which Outsourcing Strategy is Right for Your Business?

Offshore India Data Entry

When it comes to outsourcing business processes, companies often choose between business process outsourcing (BPO) and business process management (BPM). BPO focuses on delegating specific back-office tasks, like payroll processing or customer service, with the goals of reducing costs and improving efficiencies.

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What Is Contract Management In Procurement?

Obobo

Contract management can be a daunting and complex topic. 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. Table Of Content. Table Of Content.

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Problem Solving with Enterprise Architecture, Portfolio Management, and Design Thinking Mindset

Perficient Digital Transformation

Enterprise Portfolio/Value Management (EPMO / EVMO), Enterprise Architecture (EA), and Design Thinking (among others) should work together to tackle complex, and interdependent problems. Security & Privacy Domain : Identity management, authentication & authorization, Confidentiality, Integrity, & Availability (CIA), PII, and PHI.

Design 64
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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using financial tools can help save time and resources while improving accuracy in the budgeting process. Business budgeting plays a crucial role in the financial success of a company.

Finance 92