The snowballing of legal guidelines has businesses scurrying for market intelligence to meet compliance mandates.
Money laundering is a serious offense, so failure to clear the air around contentious transactions has implications for banks.
Banks use third-party tools, including for cybersecurity. Ironically, criminals are slipping malicious codes into such trusted platforms to compromise banks!
Amid global crises fears, the sector must chase new opportunities to maintain growth momentum without losing sight of compliance commitments.
A siloed perspective on data is a key factor holding financial institutions from reaching full fruition and exceeding customer expectations.
A sector whose margins are under pressure, a phenomenon attributable to changing risk exposures, must explore creative ways to pare costs.
An indomitable spirit and a laser focus on digitalization and data security is what is paying off in the financial sector. Our BFSI specialists will prep you for the big leap in digital technology and bolster your cyber perimeter to reduce costs and improve bottom lines. Plus, we ensure you don’t miss out on any compliance mandate.Talk to Our Experts
Challenge: Faced with intense competition and the need to improve profit margins, our client turned to SpendEdge for assistance in overcoming their business challenges. One of the main strategies involved migrating cost-intensive operations to low-cost destinations.
Solution: Our team at SpendEdge assisted the client in streamlining their contract manufacturer selection process. Leveraging our expertise and market research methodology, we identified key contract manufacturers for the client’s ready-to-eat product line.
Result: The client successfully addressed their business challenges and achieved improved profit margins and reduced operating costs. All the while, also enhancing product quality and expanding manufacturing capabilities.Read Moreto see the more on spendedge insights
Gathering data on your supplier’s capability to deliver high-quality products is just not enough. More open communication will ensure suppliers not only deliver with quality but also ahead of schedule.
Supplier failures could become a double whammy for any business. There is revenue loss, plus reputational risk! Identifying contractors based on strong data points is key to mitigating partner risks. Get our market reports and be the first to know about supply risks.