Financial Services & Insurance Archives

Internet Enhances Outsourcing

Outsourcing Center, Kathleen Goolsby, Senior Writer

Outsourcing continues to grow and accelerate, and the benefits and human resources (HR) area is predicted to enjoy a large growth rate in 2000. Bryan Dole, business leader, benefit administration operations for Hewitt Associates, says the most significant development for

Launching a Center of Competence

Outsourcing Center, Kathleen Goolsby, Senior Writer

Outsourcing--In existence for more than 175 years, the Bank of Montreal, a large, complex organization with a branch network of approximately 1,000 locations, had determined by the mid 1990s that it needed to reinvent the way it did business. The

Profile of a Startup

Outsourcing Center, Kathleen Goolsby, Senior Writer

The objective of the new outsourcer, Exult, is a truly colossal undertaking. Founded in November 1998, the company aims to become the entire human resources (HR) department for all the Global 500 companies. Typically, each of those companies currently has

Moving Into the Neighborhood

Bill Deckelman

Without a doubt, the enormous growth in the outsourcing industry spells o-p-p-o-r-t-u-n-i-t-y for a company that can offer service expertise and economies of scale. But just recognizing the opportunity and hanging out a shingle is not enough.

New Dairy Product Enters Asia-Pacific Market

Outsourcing Center, Kathleen Goolsby, Senior Writer

A Scottish surgeon had a vision of being able to improve the health of people in Hong Kong by supplying them with cows' milk kept free from contamination. To that end, in 1886, he and five Hong Kong businessmen incorporated

Supplier’s Services Silhouette BPO Trends

Outsourcing Center, Kathleen Goolsby, Senior Writer

Two current trends driving the growth of business process outsourcing (BPO) are the trend toward outsourcing of packaged software applications and the trend for end-to-end hosting management of those applications. Within BPO's segment of the outsourcing industry are such critical,

International Outsourcing: The Legal View of What’s Different

Bill Bierce

International outsourcing involves complexity and risks not found in typical domestic outsourcing. These risks are cultural, political, financial, technological, managerial and legal. Ultimately, these multiple international risks show up in the process of drafting, negotiating and enforcing the contract. Freedom

Flexibility in Service Contracts: How to Build It and Keep It

Bill Bierce

Flexibility in legal outsourcing contracts bears striking similarities to a team of professional athletes under the tutelage of a watchful coach.

The Dynamics of Outsourcing in Australia

Dr. Ognian Pishev, Vitosha Software (Australia)

Although information technology did not occupy the place it deserved in party platforms during Australia's September 1998 election, IT was brought to the public forefront by industry bodies. Australia is currently at a critical juncture of its multi-billion-dollar outsourcing industry,

Straight A’s Report Card

Outsourcing Center, Kathleen Goolsby, Senior Writer

Grading the performance levels, strategies, and success of government services outsourcing suppliers, MAXIMUS is out front with straight A's. The company was selected by Forbes Magazine as one of the ten Best Small Companies in America for 1999..

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