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5 Strategies to Recession-Proof Your Business

Metasource

The answer differs based on who you ask, but according to a Bloomberg survey of economists , the recent interest rate hikes by the Federal Reserve along with the current banking crisis have greatly increased the odds. You may also want to consider outsourcing some of your business processes to trusted partners.

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Banking, Financial Services & Insurance Outsourcing to Hit $277B

SourceFit

The global banking, financial services and insurance (BFSI) outsourcing market is expected to be worth more than $277 billion by 2020, according to a recent report released by Technavio. Demand was driven by economic uncertainty and regulatory pressures faced by banks and financial institutions. Staff Leasing Philippines.

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Why Debt Relief Companies Are Leveraging Automation

Metasource

The Federal Reserve Bank of New York’s household debt and credit report shows that this rise marked the largest quarterly increase in 22 years. How debt relief process automation drives digital transformation. In today’s financial climate, it’s more important than ever to have an efficient automated solution in place.

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When Do You Need to Outsource a Call Center

Magellan Solutions

By delegating non-core business functions to third-party service providers, they can free up their internal resources to focus on revenue-generating activities. This can lead to increased efficiency, cost savings, and improved quality of work. It’s no wonder that outsourcing has become such a popular business strategy.

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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Due to the numerous advantages outsourcing has to offer, including reduced costs and access to a larger talent pool, an increasing number of companies are outsourcing their software development needs to outsourcing companies. But as perfect as outsourcing sounds, it still poses risks and that is inevitable. .

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The BPO Advantage: How Outsourcing Can Enhance Your Business Process Management

Magellan Solutions

Business process management (BPM) is the process of planning and improving business processes. BPM increases efficiency and customer satisfaction. BPM helps companies in finding and removing challenges and inefficient processes. By improving their operations, businesses can increase their bottom line.

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7 Industries That Need To Outsource Customer Services in 2021

Magellan Solutions

BPOs can provide flexible, scalable, and cost-effective support to the education sector. . Services such as contact center and back office support can help the educational institutions to be more efficient and productive. Pharma outsourcing is becoming a trend in the industry. Order Taking and Processing Management.