Chase's heavily computerized back-office operations are another of the bank's strong suits.
Combined, the two companies are expected to save money on back-office operations and purchasing, experts said.
And the magazine will probably benefit from the corporation's back-office operations, as consolidation begins next month.
Moving more back-office operations overseas, in other words, could cut costs by way less than 1 percent of sales.
Even today, nearly two years later, back-office operations have yet to be joined, employees say.
But a deal merging back-office operations may well have a larger impact on profits.
He first made a name for himself by streamlining the back-office operations of investment firms.
Two independent agencies in New York are combining back-office operations to cut costs.
"I know a financial institution that is trying to move 500,000 square feet of back-office operations," he said.
Those agreements cover customer service and other back-office operations.