Remove Banking Remove Business Development Remove Labor Costs Remove Offshoring
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What is Back Office Support and Why is it Important?

Magellan Solutions

Both definitions are correct, and they stem from different business tactics used throughout the early stages of a company’s development. With the attraction of offshore back-office services, a number of back-office operations are unquestionably seizing the opportunity to gain from outsourcing.

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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. . It is the reason why start-up businesses are having trouble looking for loans for their capital. . In addition to that, these start-up businesses are only applying for a small amount of loans. of all US businesses. million SMEs.

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10 Essential and Uncommon Services SMEs Don’t Have That BPO Philippines Can Provide

Magellan Solutions

For starters, you can slash your labor costs by at least 50%. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. . As a result, many customers take advantage of it by sending loan applications to banks. During the pandemic, financial institutions recorded a 2.8%

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10 Essential Services SMEs Don’t Have That BPOs Can Provide

Magellan Solutions

For starters, you can slash your labor costs by at least 50%. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. . As a result, many customers take advantage of it by sending loan applications to banks. During the pandemic, financial institutions recorded a 2.8%

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