Health Insurance claims cycle is one of the most intricate processes one could ever imagine. Navigating through various stages of a health insurance claims process can be intimidating for the customers and insurance associates alike. This can be attributed to numerous inefficiencies that are...
“I’d put my money on the sun and solar energy. What a source of power! Hope we don’t have to wait until oil and coal run out before we tackle that.” – Thomas Edison In an attempt to reduce carbon emissions from electricity generation...
“We’re not competitor obsessed, we’re customer obsessed. We start with what the customer needs and we work backwards.” ~ jeff bezos Third-Party Logistics (3PL) has become an integral part of modern supply chains. Due to the growing complexity of the global supply chains majority...
Connected devices powered by the Internet of Things (IoT) technology have become ubiquitous in businesses in the recent past. Businesses that were skeptical of the hype around IoT are now beginning to see the merit of it. The early adopters did not have well-developed...
In the current business environment, the need of positive relationship amongst various stakeholders have been increasingly becoming important and one of the key factors to build a positive relationship is the capability to address counterparties questions and concerns on a daily basis. There are...
Agile is an iterative and incremental process of development of a product or process in any line of business where solutions evolve through collaboration between cross-functional and self-organizational teams to deliver the highest business value in the shortest time. Agile is not just a...
“Selecting the right measure and measuring things right are both art and science. And KPIs influence management behavior as well as business culture.” Pearl Zhu, Author In a data-driven business world to measure the performance of a supply chain there are a lot of...
All the finances that flow in and out of an organization are handled by two processes – Accounts Payable (AP) and Accounts Receivable (AR). Accounts Payable process deals with recording and paying supplier invoices, supplier advances, and employee payments. Recording the customer invoices, billing,...
In recent times procurement as a core supply chain function has seen a paradigm shift. Earlier various departments within procurement were segmented and operated in silos. Today, businesses have shifted to an integrated approach where all the departments of procurement are interconnected. From being...
1 trillion Dollars. If you are wondering what that number is, let us clarify. This was the expected cost of global cybercrime incidents in the year 2020. (According to McAfee global report titled “The Hidden Costs of Cybercrime,” conducted in partnership with the Centre for...
