Remove BPO Remove Business Development Remove Labor Costs Remove Out-Tasking
article thumbnail

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

Magellan Solutions

These are the 10 most important services for start-up businesses that BPO Philippines can provide. A few years back, BPO Philippines was just the destination for inbound and outbound call centers. What Admin Function Tasks Your Start-up Business Should Have That BPO Companies in Metro Manila Can Offer?

BPO 52
article thumbnail

Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

However, when it comes to the offshoring vs outsourcing debate, it’s crucial to understand the distinction between these two approaches and decide which best aligns with your business’s needs. Delegating tasks to external parties can significantly impact your business. What is Offshoring? What is Outsourcing?

professionals

Sign Up for our Newsletter

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

article thumbnail

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

Magellan Solutions

These are the 10 most important services for start-up businesses that BPO Philippines can provide. A few years back, BPO Philippines was just the destination for inbound and outbound call centers. What Admin Function Tasks Your Start-up Business Should Have That BPO Companies Can Offer?

BPO 40
article thumbnail

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

Magellan Solutions

That’s why outsourcing your back office support will lessen the fund you need for business operations. Companies that outsource overseas can cut their labor cost from 70% to 90% while maintaining a quality service for their customers. Meanwhile, there’s an expected ROI of 30% for businesses with more than 40% market share.

Service 52
article thumbnail

Why Do Insurers Give Up And Just Outsource Claims Processing?

Magellan Solutions

Below are some of the tasks and responsibilities of an insurer: Reviewing claim submissions. Aside from these tasks, insurance agents are also responsible with collecting insurance debt from their existing customers. . All these attributes with the rising of labor costs as well as the inferior skills of claim insurance agents.