The IMARC Group has released its latestreport on the Automatic Identification and Data Capture (AIDC) market. As per the report, the market size for AIDC reached US$ 49.8 billion in 2022. The report further predicts that the market will grow at a compound annual growth rate (CAGR) of 12.6% from 2023-2028 and is expected to reach US$ 106.5 billion by 2028. Read More
Accounts payable outsourcing can help companies to overcome many challenges, including manual data entry, invoice approval delays, errors or duplicate invoices, compliance issues, inefficient workflow, etc. Accounts payable outsourcing companies implement strategies to overcome such challenges, such as investing in automation. Read More
As the world’s largest economy and most influential country, the United States has a strong impact on global markets. In addition to being an important trading partner for many countries around the world, it also plays an influential role in international politics and military affairs. The US utilities industry is one of the largest sectors within its economy by revenue, accounting for more than$424 billion annually. Read More
Businesses are increasingly relying on outsourcing companies to manage some of their tasks and help them with better productivity and enhanced decision-making. It is natural for companies managing their in-house teams to be skeptical about outsourcing their tasks to third-party service providers. They may hesitate on various aspects such as compliance, efficiency, or security. Read More
In today’s fiercely competitive business environment, with advancing technology, businesses must continually focus to reduce costs, improve margins, and improve quality. For any manufacturing company, maximizing operational efficiency is a primary objective because it directly impacts revenue and customer satisfaction. Read More
Retail merchandising forms one of the most critical aspects of the retail industry and comprises displaying and promoting products to drive sales and enhance customer experience. It involves various activities, including product placement, pricing, promotions, and visual merchandising. Although retail merchandising is essential for the success of any retail business, it is a time-consuming and resource-intensive task. Read More
Growing sales and increasing profits each year means a company is on the right path. But even growing companies making profits can get a hit with cash flow issues if their cash flow management is inefficient. To improve cash flow management, companies use accounts payable outsourcing. Read More
Data entry is an integral part of many business processes, including inventory management, order processing, and invoicing. Inaccurate data entry can lead to huge errors and poor decision-making. Efficiently analyzed data can help companies to get valuable insight into the business. Read More
Utilities, like electricity, gas, water, etc., are basic services needed to keep an organization functioning appropriately. Data input accuracy related to utility bills, however, may be a significant barrier for organizations due to the complexity of utility bill management in the US, including regulations, compliance standards, and billing intricacies. Read More
Surprising as it may be, the outsourcing industry is a great equalizer in the Universe of job sectors. As per a study conducted byNASSCOM India, women made up almost 50% of the outsourcing companies workforce. And surprising still these women make up almost 40% of the night shift workforce! A country known for its patriarchal mindset is open to outsourcing as a job of choice. Read More
