Business process outsourcing involves the outsourcing of business functions to external companies. To clarify, many companies outsource tasks to external providers. An example may be hiring a ...

A business process is an activity or set of activities that will accomplish a specific organizational goal. It coordinates the behavior of people, systems, information, and things to produce outcomes ...

As businesses try to do more with less and respond to economic pressures, they are naturally interested in reducing costs by improving processes throughout their organizations. A number of ...

Companies continue to add apps to their technology stacks as the pandemic drives digital transformations. It’s estimated that by the end of 2021, 99% of organizations will be using one or more ...

The accounting cycle involves a number of steps that are repeated in each reporting period as they correspond to the business processes. They verify the transactions and are implemented to prepare ...

Offshoring business processes can offer companies across a range of industries the opportunity to lower costs by 40 percent or more. Still, offshoring is not for every firm and certainly not for every ...

Now more than ever, you may be looking for ways to make your business more efficient, more streamlined, more cost-effective, and better able to cope with changing market needs. Artificial intelligence ...

Based on industry standard BPMN2.0 (business process model & notation), API mPower helps organizations automate and accelerate virtually any business process. Examples include sales cycle management, ...

The amount of information being generated by even non-technical businesses today is staggering. Software tools exist to measure and report on almost every single operation imaginable, and data can be ...

Large and increasingly complex collections of software and hardware systems can become overwhelming. Dividing them into portfolios can help ease management of those solutions. The business need for ...

This is perhaps one of the best-known rules of Jack Welch, former CEO of GE. You might ask, how does this apply so many years after he first proclaimed it? In an era when inflation is impacting most ...