SUCCESS STORY: Tier 2 Carrier Saves Over $420k on new Claims System

Posted on February 28, 2019 by spendmanagementllc_d44sna

(Atlanta, Georgia – February 28, 2019) SMF Advisors, a leading provider of Vendor Intelligence and pricing data to the Insurance, Healthcare & Supply Chain industries, today announced that a tier 2 US-based insurance carrier saved over $420,000 using SMF’s unique Vendor Intelligence data and methodology in purchasing a new claims administration system. “We are excited Read more about SUCCESS STORY: Tier 2 Carrier Saves Over $420k on new Claims System[…]

PRESS RELEASE: Using SMF’s Vendor Intelligence™, Ohio-based insurer saves over $1M on new Policy Administration System

Posted on April 25, 2018June 1, 2018 by spendmanagementllc_d44sna

Using SMF’s Vendor Intelligence™, Ohio-based insurer saves over $1M on new Policy Administration System (Atlanta, Georgia – April 25, 2018) – SMF Advisors, the leading provider of Vendor Intelligence™ for the insurance industry, announced today that they reduced the cost of a new policy administration system for an Ohio-based personal and commercial lines insurance carrier by over one-million dollars. Read more about PRESS RELEASE: Using SMF’s Vendor Intelligence™, Ohio-based insurer saves over $1M on new Policy Administration System[…]

Insurance, Healthcare & Higher Ed: Is Purchasing an Entire Suite Always Sweet?

Posted on November 8, 2017November 8, 2017 by spendmanagementllc_d44sna

Whether in insurance, education, financial services, or any other industry, vendors want the BIG deal. Vendors are not inclined to be patient and earn your business module by module, project by project or year over year so they justify the transaction based on Present Value versus Future Value. The salesperson is paid a higher commission Read more about Insurance, Healthcare & Higher Ed: Is Purchasing an Entire Suite Always Sweet?[…]

Software Maintenance Fees Are Eating Your Budget – But You Can Do Something

Posted on May 14, 2017September 22, 2017 by spendmanagementllc_d44sna

Software is either the first or second largest category of IT spend. Of that total spend, fifty to sixty percent of dollars spent annually actually go toward maintenance and support. During the life cycle of enterprise applications, which average twelve to fifteen years, customers pay for the software four to five times over again without Read more about Software Maintenance Fees Are Eating Your Budget – But You Can Do Something[…]