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Outsourcing Arrangements
Agreements where one company hires an external party to perform services or create goods that traditionally were performed in-house.
Cost Savings
Reductions in expenses, achieved through efficiency improvements, negotiation, or eliminating wasteful practices, contributing to an organization's financial health.
Incompetent Outsourcer
A third-party provider that fails to meet the contractual performance standards or expectations in delivering services or products.
Pension Administration
The management and operation of a pension plan, including enrollment, funding, and benefit disbursement to retirees.
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