Everest Group

MARCH 17, 2023

Various value chain elements performed by MGAs include marketing, sales, distribution, underwriting, policy issuance, claims handling, policy review, customer services, risk management, policyholder communication, and renewal management.

Insurance 52

Insurance Robotics Process Automation Risk Management Risk Management 52

NoonDalton

JULY 19, 2023

As businesses seek to streamline operations, reduce costs, and tap into specialized talent pools, RPO is increasingly becoming their go-to solution. The traditional route of in-house recruitment, while familiar, is now being challenged by a model that is growing in popularity and effectiveness: Recruitment Process Outsourcing, or RPO.

Outsourcing 52

Outsourcing Reduced Overhead Right-Sizing Analytics 52

Magellan Solutions

MAY 2, 2024

Increased Efficiency and Productivity Offshore outsourcing providers often have well-established processes and technologies to streamline operations. By leveraging global talent, you can assemble the right team to support your business needs, regardless of geographical location.

Offshoring 52

Offshoring Outsourcing Right-Sizing Call Center 52

Everest Group

NOVEMBER 28, 2023

The MGA market is undergoing substantial transformations fueled by the desire to invest in tech, data, and AI to build robust risk selection and underwriting capabilities and foster good carrier relationships.

Insurance 59

Insurance Service Co-Sourcing Analytics 59

Paysquare

AUGUST 7, 2023

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. Monitor and Manage Risks Identify and manage potential risks associated with accounting outsourcing.

Accounting 52

Accounting Outsourcing Collaborations Out-Tasking 52

Paysquare

MAY 25, 2023

By adhering to legal obligations, ensuring financial accuracy, maintaining data security, and minimising risks, businesses can establish trust, protect their financial well-being, and uphold their reputation, ultimately contributing to long-term success and growth.

Payroll 52

Payroll Outsourcing Regulations Banking 52

NoonDalton

APRIL 1, 2024

Over the last few years, the technology sector has increasingly turned to outsourcing as a strategic tool to enhance competitiveness and operational agility. This trend isn’t just about delegating routine tasks; it’s about embracing external expertise to drive innovation and streamline operations.

Efficiency 52

Efficiency Outsourcing Cybersecurity Right-Sizing 52

Obobo

MARCH 19, 2023

key Takeaway: Effective contract management is a critical aspect of procurement that facilitates successful partnerships with suppliers, compliance with legal requirements, and risk management. Enhanced Risk Management: Effective contract management can help businesses mitigate risks associated with third-party relationships.

Management 40

Management Reduced Costs Risk Management Risk Management 40

Planergy Software

AUGUST 25, 2022

This new digital strategy also uses predictive analysis to detect patterns, and predict outcomes, while offering better risk management capability. While you may run into some roadblocks such as dealing with non-digital suppliers and customers, adopting these initiatives can help you streamline operations across your entire business.

Finance 52

Finance Robotics Process Automation Out-Tasking Banking 52

IBM Services

APRIL 4, 2024

This enables proactive decision-making, ensures consistency and improves operational efficiency. Also, BPM provides real-time insights into compliance metrics and risk exposure, enabling proactive risk management and regulatory reporting.

Management 58

Management Automation Out-Tasking Inventory Management 58

IBM Services

DECEMBER 4, 2023

With careful planning and solid organizational strategy, businesses of any size can take advantage of Oracle’s unique cloud solutions , reducing costs and streamlining operations. Clearly define the objective of the implementation project and determine its scope, timeline and budget as well as create a risk management plan.

Efficiency 78

Efficiency Supply Chain Management Human Resources Reduced Costs 78

Planergy Software

APRIL 19, 2023

Use Risk Management Techniques To further reduce the issues between you and your vendors, conduct a risk assessment and integrate risk management techniques, like proactive risk management. Future Trends in Accounts Payable The future of accounts payable is focused on automation and digitalization.

Accounting 52

Accounting Jobbing Software Automation 52

Obobo

MARCH 19, 2023

As the business environment grows increasingly complex, the importance of contract management systems cannot be overstated. By centralizing and automating contract management processes, organizations can streamline operations, mitigate risk, and improve their bottom line.

Management 40

Management Automation Out-Tasking Administrative 40

Obobo

MARCH 19, 2023

Increased Efficiency: With contract management software, companies can automate many processes, including contract creation, approval workflows, renewals and reminders, and reporting. Better Risk Management: Contract management software provides transparency into contract obligations, deadlines, stakeholder roles, and risks.

Software 52

Software Management Right-Sizing Automation 52