The Business Process Outsourcing (BPO) industry uses scores of unique acronyms, words and phrases to measure performance, describe types of outsourcing and services used, and tools used in the industr
Organizations that adopted the paper-to-digital concept for business processes cited faster turnaround to customers and more efficient data capture as digital mailroom’s main benefits.
Shadow Banking Industry Grows to $36 Trillion Worldwide
Financial regulators are sounding the alarm about the shadow banking industry, which has grown to $36 trillion worldwide, according to a new report from the Financial Stability Board. As the name...
Banking Industry Outsources Sophisticated Processes to Improve Profitability and Agility
The global banking, financial services and insurance (BFSI) sector continues to chart a path of recovery from the subprime mortgage crisis and Great Recession that rocked the industry in the first...
Six Reasons Why to Outsource Accounting, Four Ways to Evaluate Providers
For companies considering outsourcing financial functions, now is the perfect time to begin realizing the benefits that delegating accounting and related tasks can provide. Technology has advanced...
4 Reasons Businesses Must Outsource Finances and Accounting
A business’s finances are its lifeblood. Without money, it can no longer operate, pay for necessary services, or compete with its rivals. Given the importance of enterprises finances and...
