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White Paper
TPAs face many strategic and tactical challenges that affect their
business. They include consolidation of players, greater financial
disclosure and transparency requirements, legal changes, raising
costs of administration, staff turnover, shortage of qualified
people and increasing IT capital expenditure. Outsourcing
addresses all these aspects. In a nutshell, GDM is all about
arriving at a unique combination of technology and BPO services
that help TPAs achieve reduction of costs and increased
operational efficiency.
Vendor Landscape:
Outsourcing may not start producing results from the day one. It
is a relationship – between customers-vendors, that needs time to
mature. The best way to save the relationship is to place
relationship over short term gains, as it would cost deadly if
administrators start experimenting relationships, one after
another.
Conclusion
White Paper - Final Draft Jaisingh Page 10
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