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Reshoring: The risks of swinging the pendulum too far

IBM Business Partners

But this economic growth, coupled with stringent labor laws, drove up labor costs. By sourcing materials and labor from countries with lower labor and manufacturing costs, businesses were able to capitalize on the economic boom, produce more goods and services, and minimize their costs.

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When Do You Need to Outsource a Call Center

Magellan Solutions

Outsourcing to a call center not only helps them with software development and customer service but it assists them in becoming flexible in their operations, especially during product launches and updates where they experience a peak in inbound calls. Let us help you streamline your operations and improve work efficiency at a reduced cost.

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Is Continuous Accounting The Future of Accounting?

Planergy Software

How better management in AP can give you better flexibility for cash flow management. If you’re using cloud-based accounting software such as QuickBooks, FreshBooks, or Xero, you’re already using a form of continuous accounting if you’ve connected your banking institutions to your software. Download Free Copy. Written by. 15 min read.

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Guide to Hiring in Senegal

Globalization Partners

However, it’s notable that Senegal’s labor costs are not as low as some may assume. Whereas some cost-effective countries for manufacturing, for example, have an average labor cost per worker that is close to the GDP per capita, Senegal’s labor cost per worker is double the country’s GDP per capita.

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The Real Cost of Outsourced Technical Support and Its Advantages

Magellan Solutions

In the Philippines, other products and services that benefit from cheap labor costs, such as office leasing, professional services, office supplies, meals, and accommodation, are also relatively affordable. Flexibility In Scaling Up (Or Down). Taxes and health care are also significantly lower than in developed countries. .

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The Real Amount You Can Save With Outbound Telemarketing Services

Magellan Solutions

Tangible items, such as infrastructure and labor cost. Flexibility. We believe that progress shouldn’t break your bank, so our services remain flexible and competitive. Do you really know how much you save with an Outbound Telemarketing Services ? Intrinsic attributes of the company matter as well. Scalability.

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How Philippines Call Center Outsourcing Can Triple Your Business Value

Magellan Solutions

It is also a testament and a gauge on their technology, flexibility and efficiency. Not only that, because of the lower labor costs companies are attracted to invest in the country. As a result, BPO firms have earned the reputation of being a cost-effective solution in the 21st century. Lead Generation.