How Outsourcing Can Help Insurance Companies During a Surge of Claims

December 30, 2014
Michael Alfonsi

Insurance companies deal with myriad of documents: annuity forms, life insurance forms and disability forms, just to name a few. As discussed previously, a business process outsourcing company can manage these types of documents more efficiently and cost-effectively, which frees up your existing ...

How Outsourcing Can Make the Claims Process More Efficient

December 16, 2014
Michael Alfonsi

An insurance TV commercial being aired right now involves a customer talking at the camera and repeating some of the numerous questions that insurance agents need to ask when someone files a claim. One of the questions the actor repeats includes whether a dog was involved. There’s a lot for agents...

BPO Challenges in Healthcare Claims Processing

January 31, 2013
Banctec

Leaders in healthcare have long recognized the challenges when it comes to claims processing. Healthcare payers and benefit administrators have begun to focus on the front-end process to help reduce operational costs, increase adjudication and first-pass rates, and improve overall customer service...

BancTec Campaigns for United Way

November 2, 2012
Banctec

BancTec’s kick-off Bake Sale for United Way raised more than $1,000 in just three hours! BancTec’s 2012 United Way Campaign has begun, and employee volunteers are busy planning the annual United Way Carnival at BancTec’s corporate headquarters in Dallas. Last year, BancTec was able to donate more...

Three Ways Contract Manufacturing Can Help a ‘Startup’

April 14, 2015
Michael Alfonsi

On television’s “Shark Tank,” real-life entrepreneurs pitch their companies to a panel of investors, who, for a piece of the business, agree to act as strategic partners to help launch the companies or get their products off the ground quicker and with greater margins. Anyone launching a new...

Can Contract Manufacturing Help With Skilled-Labor Shortage?

March 31, 2015
Michael Alfonsi

The United States is facing a manufacturing dilemma, exacerbated in large part by a major shortage of skilled laborers stemming from an expected surge in retirements over the next 10 years. This shortage could impact a variety of industries that rely on manufacturing to churn out products. It also...

Benefits of Contract Manufacturing: Operating within the Margins

November 20, 2014
John Fiala

Some of the loudest chatter related to manufacturing over the last year involves U.S. companies bringing manufacturing back onshore from overseas. There are a number of reasons for this trend, but much of it has to do with a need for highly skilled, technical workers to operate the innovative...

Benefits of Contract Manufacturing: Access to a Pool of Talent and Resources

November 13, 2014
John Fiala

Ideas are a dime a dozen, but executing an idea is the combination of energy, people, resources, timing and luck. Some of those factors cannot be controlled. However, depending on the industry, other things — like people and resources — can be easily accessed by partnering with an organization that...

How to Improve Your Document Management System by Going Digital

January 3, 2013
Banctec

Businesses send, receive and process millions of documents every day in a multitude of forms, shapes and sizes. From claims, invoices and payments to surveys, vouchers and general correspondence,document management systems keep a business running. Ineffective document management can be a breeding...

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