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The Growing Philippines Outsource Industry

September 7th, 2011

The Philippines outsource industry has offered great advantages for companies in the business sector. The idea of performing one's work so that the stability and flexibility of a company can be maintained is a great attraction for a profitable business. In the Philippines, the services being outsourced include call center operations, accounting and finance, IT services, customer support services and technical support which can mostly be obtained at very low costs compared when these jobs are done on shore. Growing Philippines Outsource IndustryQuality assurance and cost effective labor force is the main selling point of the Philippines outsource industry. BPO services are not new in the Philippine economy and it is a strict competitor of other offshore outsourcing ..Continue reading.. »

Offshore Outsourcing Philippines

September 6th, 2011

Among the South Asian countries, the Philippines is the fastest growing hub for outsourcing businesses. Compared to other nearby countries like India, the Philippines offer a highly qualified and dedicated work staff at a cost effective rate. This is one of the reasons why offshore outsourcing in the Philippines has become one of the highly regarded BPO locations due to its educated workforce and a large pool of English speaking employees. At present, there are hundreds of international companies that operate at various key areas in the country that provide a wide variety of outsourcing solutions for clients. Offshore Outsourcing PhilippinesAlthough the fast growth of outsourcing business in the Philippines has been attributed to the boom of the call center industry, the co ..Continue reading.. »

Improving Business Operation Through Offshore Outsourcing Services

September 5th, 2011

Offshore outsourcing is the new and most effective way of running a business. Big companies often outsource part of their non-core business operation to other countries where they have the opportunity to take advantage of a much lower labor cost. But there is more to it than a cheaper workforce. Offshore outsourcing services allow companies to perform their core responsibilities while focusing all their efforts in developing more business opportunities. Offshore outsourcing services to developing countries can provide key benefits and financial advantages on the part of the company utilizing BPO providers such as:
  • The tax base is significantly decreased because the costs of agreement will be shouldered by the BPO provider.
    • Companies will also save a huge amount of money on wage taxes.
..Continue reading.. »

IT Outsourcing Benefits For Custom Software Requirements

September 2nd, 2011

Custom software for business processing can increase the efficiency of any company who integrates custom applications in their work process. In today’s technological era and growing IT outsourcing industry, it has become a necessity to use IT advancement especially for business entities in order for them to adapt to the ever changing market conditions and meet the demands of their clientele. The competitive industry of all types of ventures drive business entities to come up with effective programming solutions tailored meet to the specific requirements of their business operation. This particular market demand has made valuable recognition of the importance of having customized software application that can help the company’s operation run more efficiently. Among the IT outsourcing benefits for custom software development include effective business management, supervision, and diminishing of unnecessary operational expenses. ..Continue reading.. »

Outsourcing In IT: Customizing Software

August 31st, 2011

With the never ending technological innovation we experience today, especially in the field of business software programming, gone are the days when custom software development means using pre - programmed templates for the basic framework of the software application. With the introduction of outsourcing in IT for customized software and business applications, this has become increasingly popular to meet the needs of business owners who are looking for customized solution to improve their business processes. Most key players in IT outsourcing industry started developing customized software to meet the increasing demands of privately owned companies. This is because using custom applications is the most efficient solution for companies to make their operation well-organized, privatized, and more competent amidst the growing need for a more user friendly business environment. But not all companies can set up their own in-house software develop ..Continue reading.. »

The Basics Of Philippines Outsourcing Services

August 25th, 2011

One of the fastest growing industries in the Philippines today is BPO or Business Process Outsourcing. The recent growth in the industry made Philippines outsourcing services the most sought after BPO in the South East Asia region. The outsourcing industry began to experience expansion in early 2000 when only a handful of BPO providers and employees were available. But as the BPO sector in the country continues to develop, more and more foreign investors are enticed to explore their opportunities in expanding their business with Philippine BPOs. The annual growth is attributed mainly to factors like lower labor costs with high quality output, the country’s adaptability to western culture, and a highly skilled workforce. Next to Canada and India, the Philippines is considered to be the third largest offshore outsourcing destination in the world. At present, the country’s outsourcing industry accou ..Continue reading.. »

Benefits Of Outsourcing The Sales Force

August 19th, 2011

Sales outsourcing is the practice of hiring a third party service provider to act as your company’s sales force. Many companies have discovered the numerous benefits of outsourcing the sales force and they have resorted to hiring other agencies to handle their sales functions. Tele-marketing and customer survey are among the outsourced tactics most often used to increase the sales of a product. One of the benefits of outsourcing a sales force is that a company is able to save a lot of money and gain more at the same time. While running a sales department in house could be a tedious exercise that could cost the company a fortune, hiring a third party service provider to handle such a department could be the best decision for a company to make. An outsourced company is cheaper and the company gets to focus on its core functions thus increasing its efficiency and gains. Another benefit of outsourcing ..Continue reading.. »

Business Outsourcing Company – Managing Outsourced Tasks Effectively

August 18th, 2011

Due to the limited funds that small companies have, outsourcing might not always look like the most cost effective alternative for them. Instead, they prefer to do the work themselves and sometimes fear that the outsourced work may not be up to the required standards. This has led to such companies handling very many tasks at the same time. But with this, the small company may end up losing sight of the core activities that generate income thus resulting in stalled projects and numerous losses. Engaging the services of a business outsourcing company will lead to maximized profits. Valuable tips for successful outsourcing include knowing what to outsource and what to leave out. Outsource the areas that you might feel as a company you are weak at. That way, you get to focus on the parts that are bound to help the organization grow. This might be expensive at first but this will reduce expenses that would be experienced when trying to amend mis ..Continue reading.. »

Process Outsourcing Company – Challenges Outsource Companies In The Developing World Face

August 15th, 2011

There are benefits associated with outsourcing services such as reduced costs, improvement of product quality and access to highly skilled personnel. This is on the client side. For the service providers, it helps create employment and is a source of foreign exchange inflows where the outsourcing is offshore. But a process outsourcing company in the developing world also faces a number of risks and challenges. An outsourcing company can only succeed if it knows the risks and finds a way to deal with the obstacles it meets during the course of business. One of the greatest challenges facing the process outsourcing company today is the ever-increasing levels of competition. While at the early throes of the outsourcing services industry in developing countries, there seemed to be more opportunities than there were businesses to provide them, that is not the case today. There are new companies making the ..Continue reading.. »

Outsourcing Of Business – Potential Pitfalls

August 12th, 2011

Today’s globalization, increased competition and rapid technological changes have led most companies to view outsourcing of business as the solution to staying competitive. However despite the fact that outsourcing reduces operational costs and in some cases can help the organization increase its efficiency; it also has negative long term effects that could affect not just the company but the society it operates in as well. A few of the risks and negative impacts that outsourcing exposes organizations to include; unmonitored competition, increased unemployment, unscrupulous providers and possible organizational failure in the long run. Increased unemployment Outsourcing of business processes is a relatively new phenomenon that was sparked off by the advent of internet business. As such the full impact of the practice is as of yet unknown, nevertheless it is not the win-win situation that most economists point it out to be ..Continue reading.. »

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