article thumbnail

Top Countries Served by Philippine Call Center & BPO Industry

Magellan Solutions

The growth of business process outsourcing (BPO) in the Philippines has undoubtedly developed so fast. Almost all major global IT/BPO vendors have a presence in the Philippines. The Americas remain the biggest client for the Philippine outsourcing industry accounting for more than three-quarters (65 percent) of the domestic BPO market.

article thumbnail

How SMEs Solved These 4 Challenges Through Back Office Service Solutions?

Magellan Solutions

The dollar volume of bank loans for SMEs declined by 20% since the recession in 2007. . BPO companies have different business models to run your business smoothly. . BPO companies have the ability to widen your marketing strategy and target international customers through 24/7 operations. Lack of Financial Access.

Service 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sourcefit Joins IBPAP

SourceFit

IBPAP is the country’s umbrella association for the local IT-BPO industry, with the goal of making the Philippines the world’s top destination for voice and non-voice outsourced services. Related Posts: – Philippine BPO, remittances to drive GDP past China by 2016. Sourcefit Philippines Inc. Membership Benefits.

article thumbnail

Outsourcing as Business Strategy During Recession

Magellan Solutions

Before the COVID-19 Global Pandemic, the world experienced the Global Recession during the years 2007-2009. However, if you outsource specific departments such as Human Resource, Accounting, IT, or Marketing, you will not have to worry about paying their benefits. Why are Outsourcing and Recession Related?