In today’s rapidly changing business environment, outsourcing has emerged as a key strategy for businesses looking to stay competitive. According to Deloitte, global spending on outsourced services is projected to reach an astounding $731 billion by 2023. Read More
Managing relationships with multiple suppliers and vendors can be challenging for businesses, particularly when dealing with various invoicing standards and methods. Accounts payable outsourcing can speed up the process and ensure on-time vendor payments. Read More
Many reasons boost the willingness of companies across industries to reach globally in search of talent. Since the way companies work becomes more mobile and distributed, they are figuring out that building global talent teams with appropriate strategies is more critical now. Read More
The list of tasks in a law firm is extensive. Law firms need to track the hours they dedicate to work on a client’s project. Clients are expected to pay for time worked. These billable hours help law firms to measure efficiencies. It also helps them to determine KPIs (Key Performance Indicators) in the firm. Read More
Medical claim processing involves a dozen steps as medical/insurance service providers need to assess numerous medical codes to determine reimbursement. There are unique medical codes that describe healthcare services, corresponding diagnosis codes, procedure codes, date of service, attending physician’s National Provider Identifier (NPI) number, charge for the service, and many other details. It is evitable to go through each detail to process the bill correctly and within a specific time period. Read More
Order Management is an essential aspect for every manufacturing firm whether retail or business focused. A fledgling business is competent to handle order via small manual transactions and notations. However, as you grow to a state and federal level of servicing, efficiency becomes key along with speed. And these can only be achieved via a dedicated team and software to handle such order management. Read More
The onset of the Covid-19 pandemic has pushed significant growth in the healthcare industry. Research suggests that the global healthcare market is expected to reach$665.37 billion by 2028. According to a study published by Deloitte, health spending in the US will spike to$8.3 trillion by the year 2040. Read More
Travelling may be an inherent expenditure for a large number of firms across the world. Many teams and departments have to fly across different geographical borders to fulfill the firm’s objectives, meet client needs, look for cost-efficient solutions, enhance their presence, meet marketing goals, extend their customer base, achieve sales targets, and so on. Read More
Outsourcing operations is a common practice in the supply-chain sector, especially the Trucking companies. The nature of the Trucking industry is as such that it produces a lot of paperwork. The companies must decide whether to process this paperwork internally or outsource it to experienced professionals. Read More