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6 Accounting Challenges that BPO Philippines Solves for SMEs

Magellan Solutions

BPO Philippines provides solutions to six accounting challenges that SMEs face around the world. BPO Philippines provides basic and high-level accounting tasks to business leaders and SMEs across the globe. However, the accounting services market is expected to reach $735.94 Billion in 2025 at a CAGR of 6%. .

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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. But now, many companies that outsource to Philippines also have their eyes on their non-voice services.

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

Magellan Solutions

A business with a 10% market share or below has an expected return of investment (ROI) of about 9%. Meanwhile, there’s an expected ROI of 30% for businesses with more than 40% market share. BPO companies have different business models to run your business smoothly. . Lack of Knowledge About Information Technology.

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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. But now, many companies that outsource to Philippines also have their eyes on their non-voice services.

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Why Do Insurers Give Up And Just Outsource Claims Processing?

Magellan Solutions

Thus, they will look for an offshore insurance process outsourcing provider to lend them industry experts. So, what difference can an insurance outsourcing company make for your business? The Insurance Business Process Outsourcing (BPO) market share in the US is around US$1.7 Data Management Service.

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Get 47% Paid Credit Sales With Accounts Receivable Services

Magellan Solutions

This is where accounts receivable management services can help you. Most of the businesses listed above can outsource receivable services to leading BPO companies in the Philippines. Tons of accounts receivable services providers offer end-to-end financial solutions. . Establishment of Credit Practices.

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The Most Common 5 Ws (and 1 H) of Survey Processing Services Answered

Magellan Solutions

Moreover, our clients have entrusted us with the following Survey Data Management Services: Product Survey. Most Fortune 500 companies outsource their processes and tasks to offshore locations. For smaller businesses, when should companies start outsourcing ? Contact us if you want to see a difference in your business. .