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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. . They have technologies to coordinate with all your suppliers and have a faster business process. Lack of Knowledge About Information Technology.

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Sourcefit Joins IBPAP

SourceFit

is now a member of IBPAP (Information Technology and Business Process Association of the Philippines). 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. Sourcefit Philippines Inc.

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Asia Pacific Emerges as Top IT Outsourcing Destination

SourceFit

The region] also has excellent BPO growth in addition to ITO (information technology outsourcing) growth,”? The 2012 ACV figure for the BPO segment – $1.4-billion The 2012 ACV figure for the BPO segment – $1.4-billion Pai added. . Reference: – [link].

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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Due to the exponential rise of information technology (IT) over the past ten years, it is now necessary to offer IT goods and services using ever-cheaper methods. Here are reasons why companies outsource some of their tasks to business process outsourcing ( BPO ) companies. . WHY DO COMPANIES OUTSOURCE THEIR BUSINESS?

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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. Google has been outsourcing Information Technology (IT) services for a long time. Nevertheless, a recession is considered normal in the economy and business cycle. . Why are Outsourcing and Recession Related?