2 min read
Top Technology Expense Considerations Happening Now In the Insurance Industry
2020 was undoubtedly a difficult time for everyone, but insurance companies were hit with costs from every direction.
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Software and services aligned to each client engagement to manage multiple spend categories in a single platform.
As you embrace technology advancements to keep a competitive advantage, you will need to decide what partner you can trust to manage these complex relationships. This is where Calero-MDSL can help.
Understand the technology you have and where you have it. Gain visibility into inventory ownership, attributes and location across spend categories though a central platform.
Automate the audit, approval and cost allocation process for any type of recurring expense, from invoice receipt through payment. Interface with corporate financial and AP platforms for seamless chargeback and payment reporting.
Systemize technology ordering through configurable workflows or interface with leading IT Service Management (ITSM) tools. Visualize the entire procure-to-pay process and ensure accurate and up-to-date inventory.
Track technology usage across voice, video and data for cost justification and chargeback. Follow trends, rate traffic, optimize usage and spot abuse in real-time through actionable data insights.
Leverage the experienced team at Calero-MDSL to introduce the best technology, improve service levels and optimize costs across vendors. Establish and execute RFPs, gather quotes, benchmark responses, negotiate terms and deploy services for successful client outcomes.
Let us show you - not tell you - how easy it is to climb the maturity ladder for expense management and realize the benefits.
