process (33)

Outsourcing has developed the most renowned business trends recently due to its rising profile as a management strategy for improving productivity in the management of resources. To decrease cost and enhance the nature of their recruitment cycle, numerous organizations transfer part or entire of their recruitment process to outer services providers known as recruitment process outsourcing (RPO).

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Recruitment Process Outsourcing (RPO)

Recruitment outsourcing is a process where an organization makes

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Here’s what you need to know about Process Automation & Instrumentation and its increasing adoption of this system in various industries. As there is a rise in the demand for energy efficiency and cost reduction in production, the significance of process regulatory compliance is continually increasing in industries and more adoption of IoT in different industries is the main cause of increasing adoption of Process Automation & Instrumentation. Gradually, there has been a shift in approaches of p

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With miniaturization becoming the latest trend globally, micromachining gaining importance in manufacturing micro parts. Many surgeries and various Diagnoses can be possible without pain with the miniaturization of medical tools.

Micromachining may refer to the process and techniques for the construction of various structures of 2D and 3D on the micron scale. The small parts used for the aim of making watches were considered microelements until recently. Micromachining is the technology that manu

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The modern era has seen the transformation in the digital world, which is regularly evolving, Robotic Process Automation is drawing much attention all over the world.

Technological advancement is no longer a new phenomenon. In the past few years, RPA technology has gained the attraction of corporate that is concerned about automation initiatives. RPA is interesting for companies that seek an excellent operational strategy.

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What is Robotic Process Automation (RPA)?

Robotic Process Automation (RPA) i

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Revenue assurance is used both to identify an operation conducted within telecommunications service providers and is a common term for a similar small business unit. Revenue assurance is a proactive solution to potential or real issues with under-performance activities, most often related to billing and revenue collection.

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A specialized revenue assurance department may undertake some of the procedures associated with identifying, rectifying, or preventing errors, although responsibility for reven

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Post-merger Integration (PMI) can be complex, time-pressured, and unfamiliar for most organizations. It is a highly 8028327472?profile=originalcomplex process. It requires swift action as well as running the core business activities simultaneously.  There is no one-size-fits-all approach to a successful PMI Process. However, careful planning focusing on the strategic objectives of the deal and the identification and capturing of synergies will help maximize deal value.

It is inevitable that some elements of information wil

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When organizations go through a Post-merger Integration, often management realizes that it is never a simple undertaking. It is a pic-1-Tips-for-success-300x260.jpeg?profile=RESIZE_710xhighly complex process. Swift action is required as well as being able to run the core business activities simultaneously.  There is no one-size-fits-all approach to a successful PMI Process. However, to maximize deal value, there is a need for careful planning focused on the strategic objectives of the deal and the identification and capturing of synergies.

The PMI Pr

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Given the fact that some people are asking for an end to cash transfers and some companies are preferring to go cashless, cash transactions are still commonplace. Cash management systems are integrated tools designed to help businesses handle cash processing from end to end. Most cash management programs are created to help from the point of intake to reconciliation. They can streamline the process, which has numerous benefits for businesses.

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What is a cash management system?

A cash management sys

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Robotic process automation (RPA) has provided enterprises with diversity and better capabilities to adopt as well as to adapt to changes. Robotic process automation services have made this possible by transforming business processes into convenient and user-centric ones. Recent years have witnessed phenomenal growth in the adoption of RPA in the corporate world.

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What is robotic process automation?

Simply put, robotic process automation tools help to configure the existing computer software. The to

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Business Process Reengineering (BPR) can be a great success but it can also be a great failure.pic1-Business-Process-Reengineering-Implementation-Guidelines-200x300.jpeg?profile=RESIZE_710x

After months or years of careful redesign, organizations can achieve dramatic improvements in individual processes.  However, a paradoxical outcome has become almost a commonplace. Organizations suddenly find themselves watching the overall results decline. Process costs were reduced by 34% yet operating income stalls.  Claims process time cut by 44% yet profits drop. It seems that organizations are sq

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Next Generation Compliance Management Technology

Compliance management has always been a complicated task, but technology has helped make it easier. We are finally seeing the rise of Fintech (financial technology) and Regtech (Regulatory technology). These technologies are designed specifically for the financial industry and for dealing with regulations respectively. Compliance management comes under Fintech and is quickly becoming an essential technology for companies that want to innovate and succeed in today’s harsh and dynamic business env

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The Never-Ending Journey: In Search of Product-Market-Fit

By David Skok

For Entrepreneurs

Intro

Many potentially great companies fail each year because, while they have an incredible product, they don’t figure out how to get it to market fast enough. Figuring out how to reach customers and break through to Product-Market-Fit remains one of the hardest parts of building a successful startup.

This post introduces a four stage framework and checklist for founders to use when searching for Product-Market

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Introduction to the Sales and Marketing Machine

Source:

David Skok

for Entrepreneurs

Building a Sales and Marketing Machine is a structured methodology for designing and reviewing your customer acquisition process. It stresses the idea that the only right way to build a sales and marketing process is to design it around your customers (customer-centric). Although this is obvious, it turns out to be radically different to the way most companies have designed their processes, which is based on what th
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Ahead of the 3rd Annual Operational Excellence in Insurance, the PEX Network caught up with key speaker Allstate's CI Methodology Lead, Howard Grunwell to get a snapshot into how the company is responding to customers' changing expectations and transforming the customer experience.

Download the full interview here

To uncover more tips, tactics and ideas about operational excellence and transformation, plus hear more from Howard and our expert speaker faculty, join us at the 3rd Annual Operational

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Who is attending OpEx Insurance 2016?

The response from the market to this timely meeting has been exceptional, with a number of the most senior Opex insurance professionals confirmed to attend.

If you’d like to see the full list of attendees please download here.

This is the only conference that takes a deep dive into the operational challenges facing the Insurance Industry. With new entrants and changing customer expectations on one side, and decreasing investment returns on the other, Insurers must make a choice: innovate or fall b

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Are You Ready for Digital Transformation?

Digital transformation means providing all our clients the possibility to interact with us via the channel they want, when they want. As a client experience leader, we will follow the client journey across all interaction channels”

You think you are ready for the digital transformation, but do you have the right foundation in place? Having a clear performance framework is the starting point for a successful digital transformation journey.

Ahead of the PEX Network’s 3rd Annual Operational Excellen

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8028252085?profile=originalThe insurance market has been under pressure to transform for many years now.

PWC identify five distinct pressure points: social, technological, environmental, economic and political. Their ‘2020: Competing for Future’ report describes how this is a time of massive and potentially disruptive change.

While the competitive landscape is experiencing significant shifts and technology continues to disrupt the market, insurers also have lots of opportunities to respond, adopt change, transform their ser

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Greta Roberts, CEO, Talent Analytics, Corp.
Chair, Predictive Analytics World for Workforce

8028242858?profile=originalWhat is an employer’s most business-critical corporate process? At or near the top of this list has to be hiring employees that deliver more value to their role and company than they cost to their employer. Employees bring in revenue, rescue a customer, make your products, deliver goods, and sustain your profitability going forward. Identifying the right people, and avoiding the wrong ones, is an imperativ

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In 2015, Amair Saleem was named the Global Risk Management Professional of the Year by the Institute of Risk Management. Saleem manages safety, risks, and regulations for Dubai’s Roads and Transport Authority (RTA), which serves many of the same functions the U.S.’s DOT does. So what has made Saleem such a preeminent risk management expert?

changes-ahead-road-sign.png?width=250According to The Wall Street Journal’s “Risk & Compliance Journal,” the Dubai RTA sees more than a million passengers every day and manages 40 departments, wh

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ERM: Doing it, and doing it right

ScreenHunter_83-May.-15-12.02.jpg?width=200Jeffery Reynolds’ article in ABA Banking Journal, “ERM: Getting it, and getting it right”, equates the definition of Enterprise Risk Management with happiness.

"Before you start with ERM, you have to define it. If it were only that easy to nail down the definition of ERM—but it is not…Defining ERM is like defining happiness. Happiness is not the same for me as it is for you. Nor is it the same for me today as it was 20 years ago. And what drives happiness today will likely not be what defines hap

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