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Hackett Research: Inflation, Geopolitical Unrest, Other Factors Drive Up Operational Costs of Finance for the First Time in Decades

The Hackett Group

Miami, FL — July 13, 2023 — For the first time in decades, most finance organizations experienced a significant increase in operating costs in 2023, driven by inflationary pressures, geopolitical unrest and other uncertainty factors, according to new research from The Hackett Group , Inc. NASDAQ: HCKT).

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The Truth: Outsourcing vs Offshoring Solutions Save Costs

Magellan Solutions

Small and medium enterprises (SMEs) drive significant economic productivity and employment but struggle with high operational costs. With such constraints, investing in costly new technologies and innovations for growth becomes extremely difficult. So, between outsourcing vs. offshoring solutions, which one works for you?

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History of BPO: Past, Present and The Future

Offshore India Data Entry

The Business Process Outsourcing (BPO) industry has undergone significant transformations since its inception, revolutionizing the way businesses operate. This was a time when companies first began exploring the idea of outsourcing data processing and back-office operations to external providers. from 2020 to 2028.

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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. Platform modernization presents a solution. Compliance risks. Revenue leakage.

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Stay Ahead of the Compliance Game: How Insurance Companies Can Meet Regulatory Requirements

Magellan Solutions

Stay Ahead of the Compliance Game: How Insurance Companies Can Meet Regulatory Requirements Nowadays, businesses should be up-to-date with the governing laws on data security. To mitigate risks, data protection standards are always changing. You can expect boosted efficiency and improvement in business operations. #7)

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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 transformation involves reimagining the role of actuaries in the organization and adopting new technologies and methodologies.

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Development Outstaffing Company Unlocking Growth Potential through Expert Remote Teams

Groove Technology

The Rise of Development Outstaffing Companies In today's hyper-competitive digital landscape, staying ahead of the curve requires cutting-edge technology and a highly skilled workforce. This opens up opportunities to work with highly skilled professionals who possess specialized knowledge and expertise in various technologies.