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Outsourcing vs Subcontracting – What’s Best for Your Business?

NoonDalton

Outsourcing is a cost-cutting tactic that companies lean towards when functions that were previously handled inside are now carried out by people or companies outside the company that are not associated with it. It applies to many sectors inside a corporation and is frequently an element of the strategy to cut labor costs.

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Konecta-Comdata Merger Creates a Business Process Outsourcing (BPO) Giant – What Does it Mean for the CXM Market?

Everest Group

Subject to approval by authorities, the merger is expected in the third quarter of 2022, creating a global CXM leader capable of providing the “best shoring solution” to local, regional, and global clients in 30-plus languages across industries such as finance and insurance, technology, telco, retail and e-commerce, utilities, and healthcare.

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Customer Service Outsourcing Vs In-House Support Team: What Should You Choose?

Magellan Solutions

This company can be near your business (nearshore) or outside the country you are operating (offshore). Several industries are partnering with offshore companies to provide them support for their clients’ inquiries. Here are some of the industries that outsourcing their customer service: Healthcare. Legal Firms.

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Globalization and Outsourcing

3Pillar Global

The idea is, companies can offer products and services at a lower rate than competitors by working with vendors in countries with lower labor costs. Outsourcing keeps businesses profitable by reducing software development and IT costs. Outsourcing Rules and Regulations.