Magellan Solutions

MARCH 13, 2024

Did you know companies embrace offshoring and outsourcing to improve efficiency and cut costs? 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. What is Outsourcing?

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NoonDalton

JULY 31, 2023

Business Process Outsourcing (BPO) has evolved from being a supplemental aspect of companies to an integral part of business strategies across industries. A Historical Glimpse: The Digital Foundations of BPO The early 2000s marked a significant milestone for the BPO industry.

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Magellan Solutions

MAY 28, 2021

Difference when choosing to outsource work to philippine over India. The outsourcing industry in the Philippines is the economic lifeline for the entire Southeast Asian countries. BPO companies in the Philippines employ more than 2 million people. Reduced Legal Liabilities and Management Issues. Neutral Language.

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Magellan Solutions

MARCH 23, 2021

Are business process outsourcing and knowledge process outsourcing one and the same? BPO and KPO are being related to the business activities of an organization. BPO refers to Business Processing Outsourcing. Meanwhile, KPO is Knowledge Processing Outsourcing. Its services are a subset of BPO.

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Magellan Solutions

JUNE 19, 2023

AI is upon us and is now disrupting many industries, including outsourcing. Education , healthcare , human resources , and even the legal industry are being disrupted by AI. AI is transforming the legal sector by evaluating legal papers, advancing research, and enabling lawyers to concentrate on crucial tasks.

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Magellan Solutions

MAY 29, 2021

Getting familiarized with business process outsourcing and knowledge process outsourcing . First of, what is business process outsourcing, or BPO? On the other hand, knowledge process outsourcing (KPO) is somewhat an extension of a BPO. . In a sense, BPO is the big umbrella that covers KPO.

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Magellan Solutions

MARCH 10, 2021

Benefits of outsourcing legal bpo services. Legal process outsourcing (LPO) is a growing sector in the legal industry. One of the most successful strategies for its expansion is outsourcing. Outsourcing such services by lawyers and paralegals are being considered cost-reducing.

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Magellan Solutions

OCTOBER 26, 2023

There are over a hundred thousand business process outsourcing companies operating worldwide, and among the critical decisions you’ll face is selecting the ideal partner to meet your business’s unique demands. We will share some essential questions to ask when outsourcing a call center. No worries!

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Intugo

JANUARY 23, 2024

Choosing Business Outsourcing Companies Businesses today are often faced with the challenge of deciding whether to handle specific functions in-house or to outsource them to specialized external providers. Industry Expertise An outsourcing partner familiar with the nuances of your industry will offer more targeted solutions.

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Magellan Solutions

AUGUST 31, 2021

Looking for a back office outsourcing company to assist you? For SMEs, a 24/7 and full back-office operations are no longer impossible in today’s digital environment all thanks to BPO companies in the Philippines. . Why Outsource in the Philippines? Outsourcing Your Back-Office Needs to a PH BPO.

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Magellan Solutions

MAY 3, 2024

Fortunately, SMEs can explore outsourcing vs offshoring solutions as viable strategies to reduce costs and free up resources for adopting emerging technologies. So, between outsourcing vs. offshoring solutions, which one works for you? Labor Cost One of the primary drivers for outsourcing is labor cost arbitrage.

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Intugo

MARCH 5, 2024

Legal Outsourcing: Setting up Your Remote Legal Team with Intugo The legal industry has seen significant disruptions in the past decade, leading law firms to consider legal process outsourcing (LPO) as an innovative strategy.

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Intugo

JANUARY 17, 2024

Ten steps for choosing an outsourcing partner In the dynamic landscape of today’s business world, choosing an outsourcing partner has become a strategic necessity for companies looking to streamline operations, cut costs, and focus on core competencies. Start by identifying the specific tasks or processes you intend to outsource.

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NoonDalton

MAY 18, 2022

One increasingly common alternative is business process outsourcing, which involves contracting a service provider that specializes in back-office activities. Partnering with a business process outsourcing (or BPO) provider allows businesses to focus on their core competencies. Business Process Outsourcing is Growing in Scope.

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Offshore India Data Entry

NOVEMBER 3, 2023

Outsourcing medical billing data entry to experienced BPO companies in India can help healthcare providers improve revenue cycle management, reduce costs, and streamline operations. As a result of outsourcing medical data entry to India, healthcare providers can mitigate operational costs effectively.

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Magellan Solutions

JUNE 20, 2022

Philippine Laws on Outsourcing – Here’s What You Need To Know. The Philippines is one of the largest and most well-known places in the world where people outsource work. Because of this, the Philippine laws on outsourcing are very important. As a business owner, you need to make sure that everything you do is legal.

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Outsource Workers

FEBRUARY 23, 2023

Running a successful legal firm comes with, among other things, a lot of admin. Outsourcing is now a multi-billion dollar industry with everyone from individual freelancers to big corporations ready to take on your extra work. One particular area where outsourcing has emerged as a practical solution is in the intake department.

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Magellan Solutions

MARCH 29, 2021

When done correctly, Legal Outsourcing can do you wonders. But outsourcing service comes with risks that you must consider first. Business jumps into hiring a legal outsourcing partner without considering all aspects of it. That is only one of the many mistakes people make before getting a BPO partner.

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Magellan Solutions

OCTOBER 17, 2023

Inbound call center outsourcing is a cost-effective solution that enables businesses to deliver superior and customized service to keep customers from straying to competitors. Read along to get the scoop as to why you should outsource inbound call center services! Outsourcing to a reliable provider reduces in-house call center risks.

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Magellan Solutions

MARCH 3, 2021

Outsourcing Philippines is up and ready to face the changing global BPO landscape. The Philippines is a key player in the BPO global arena. Now it booms into an industry player that offers a variety of services to its global clients. No wonder outsourcing Philippines offers its services across all industries.

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Offshore India Data Entry

NOVEMBER 16, 2023

How Outsourcing mortgage processing assists businesses in reduced turnaround time Accelerate overall operations Outsourcing mortgage processing services allows lenders to improve round-the-clock operations, which leads to faster response times in overall operations.

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Magellan Solutions

JUNE 27, 2021

Over the past decade, the Philippine outsourcing sector has significantly matured. It involves high-value functions like accounting, animation, software and applications development, and medical and legal services among others. This is what is also known as Knowledge Process Outsourcing (KPO). . But even this has expanded.

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31 West

JUNE 9, 2018

Everywhere you go, from conferences to online forums to your next door neighbor who doesn’t know what TMI is, everyone’s talking about outsourcing. WHAT IS OUTSOURCING? Outsourcing is the strategic utilization of external resources and workforce to complete tasks that were traditionally handled in-house by the staff of a company.

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Magellan Solutions

NOVEMBER 7, 2023

Outsourcing is becoming a trend in the business world right now. Did you know that global spending on outsourcing is predicted to hit $731 billion this year, 2023, from the $92.5 Companies of all sizes are realizing the benefits of outsourcing. It’s no wonder that outsourcing has become such a popular business strategy.

Call Center 52

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Magellan Solutions

NOVEMBER 24, 2021

What Really Matters In Customer Support Outsourcing Philippines? When it comes to customer support outsourcing , the Philippines is the undeniable choice for a lot of businesses worldwide. For instance, many businesses outsource customer service to a BPO company in this country. Outsourcing requires commitment.

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Magellan Solutions

OCTOBER 24, 2017

The Washington-based B2B market research and reviews firm Clutch recognized Magellan Solutions as one of the top back office and business process outsourcing (BPO) firms for virtual assistants (VA) and legal outsourcing. for its capacity to deliver, Magellan Solutions ranked third for legal outsourcing and sixth for VA.

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Magellan Solutions

NOVEMBER 6, 2020

Are you thinking of outsourcing some of the tasks in your law firm? But the global outsourcing industry is vast. During your search, you might have encountered acronyms for different types of outsourcing, such as BPO, KPO, and LPO. What is BPO? BPO stands for business process outsourcing.

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Magellan Solutions

FEBRUARY 23, 2021

Philippines Accounting Outsourcing Is Your Best Choice For Financial Services. Philippines accounting outsourcing companies diversify to meet global market demands. This ensures their stable market share in the worldwide BPO industry. Outsourcing is the core driver for this to be possible. Cost Reduction.

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Magellan Solutions

FEBRUARY 20, 2023

When two businesses negotiate, both parties aim to get good terms and reduce operational, legal, and financial risk. The scope of outsourcing contracts may also include marketing, human resources , and supply chain management. Be prepared to discuss service levels and performance metrics with your outsourcing vendor.

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Magellan Solutions

OCTOBER 1, 2020

Also, it’s known for its educated workforce, efficient labor practices, industry expertise, low labor cost, and strategic location. There is no doubt why developed countries worldwide started outsourcing jobs to the Philippines. . Positive Effects of Outsourcing Jobs to the Philippines. Improved focus and efficiency.

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Magellan Solutions

APRIL 24, 2021

What are the signs of a trustworthy Healthcare BPO? Is Your Healthcare BPO Trustworthy? Let us break down these common ‘signals’ and see if it should be your basis in getting a BPO partner. Should you trust a large Healthcare BPO company with more than thousands of employees? Is it the company size or years of service?

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Magellan Solutions

MARCH 5, 2023

The Philippines has been a favorite for business process outsourcing for many years. Filipinos have earned a spot for providing excellent BPO services. No wonder western countries like the United States and Australia chose to outsource customer services and technical support to them. Is a Shared Service Center a BPO?

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Magellan Solutions

FEBRUARY 20, 2021

Who Needs Insurance Outsourcing? Outsourcing is an effective business solution for most industries. Outsourcing is your top pick for simple back office tasks to complex accounting. As a matter of fact, insurance BPO projection within the period of 2020-2027 is at $8.3 Insurance Outsourcing Service Providers Offer.

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Magellan Solutions

AUGUST 11, 2022

What are the Problems that Can be Solved by Outsourcing? Nowadays, being efficient is essential for corporate success, which is why outsourcing is frequently used. Business process outsourcing (BPO) is now the trend to managing a successful company. WHAT IS OUTSOURCING? Source: Magellan Solutions. .

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Magellan Solutions

MARCH 15, 2021

Legal service outsourcing is an effective strategy for your firm. In this article, we will discuss the do’s and don’ts of getting a legal outsourcing partner. What is Legal Outsourcing Service? Legal process outsourcing or LPO is a business strategy common in the legal industry.

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inDinero

JUNE 3, 2021

Outsourcing has been the way to grow a startup or small business, but that’s changing. According to Global Industry Analysts, Inc. business process outsourcing (BPO) is ubiquitous with “doing business.” However, the BPO industry shrank by 28.7% What outsourced functions working well? Why outsource?

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Magellan Solutions

JULY 2, 2021

By the 1970s , manufacturing companies outsourced manpower to foreign countries. Manufacturing businesses found out that they could also outsource some of their functions. One of the other functions outsourced was payroll services by computer services. Outsourcing continued to flourish in 1989. HR services. E-commerce.

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