Today’s finance and accounting outsourcing services go beyond the scope of a single function, such as payroll or invoice processing, to offer a complete solution for all your internal financial operations.
As states across the country step up COVID-19 testing efforts to effectively combat the further spread of the pandemic, most healthcare operators find themselves struggling to keep up with the increased demand. The number of tests conducted is expected to rise significantly as states follow Florida’s lead in setting up a system of regular testing for at-risk healthcare workers.
Outsourcing internal finance function is no longer limited to simply delegating data entry or document processing to a trusted BPO provider. In today’s business climate, outsourcing has become a long-term competitive strategy for achieving administrative efficiency while driving down administrative costs.
Most finance institutions are facing increasing pressure to share their data more frequently from both customers and regulatory bodies. This, in turn, has created a need to update everyday operations for faster processing and greater transparency.
The goal of the entire logistics process is to ensure that the entrusted goods are delivered to the right place, at the right time.
Logistics operations further necessitate an extensive paper trail that matches goods to the right supplier and address along with the applicable freight charges. This results in piles of paperwork including freight bills, load confirmation statements and bills of lading, all of which need to be processed with the utmost care and accuracy.
In today’s business world, constant reinvention and transformation are a must for all businesses whether large or small. Many organizations, while adopting the latest automation technology to improve front-end operations, tend to overlook essential back-office functions like utility bill management, letting these processes continue as they were.
Every company or organization needs effective strategies that enable data-driven decision-making and it is no different for utility or energy data collection processes.
Adopting advanced technology including automation, machine learning and artificial intelligence provides strategic opportunities for cost-savings and improvement.
A large-scale consumer-centric home and retail healthcare services company reached out to us for assistance with COVID-19 test requisition form processing. Their goal was to provide accurate lab results to their nationwide consumers within 48 hours.
The global business process outsourcing market is expected to grow by 105.49 billion USD between 2020 to 2024 and this spike in numbers can be attributed to the transformation brought about by automation.
Despite all warnings, COVID-19 hit the world hard and fast and as unprepared as we were, we all have had to switch to remote work with very little notice or preparation.
Collaborating effectively while working remotely presents a wide array of challenges in sharing relevant data and work instructions on time. Even now that the lockdown has ended and the economy is slowly but steadily resuming the regular state of affairs, things may not go back to normal immediately.