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Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

Cost Savings Tapping into lower labor costs in offshore regions allows companies to reduce expenses and improve their bottom line. Scalability and Flexibility Offshore teams can quickly scale in size to meet changing business demands. It provides flexibility and cost control.

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Outsourcing Examples for High Growth Businesses

Velocity Global

Business development and sales. For high-growth businesses — or businesses experiencing rapid growth who are expected to become big industry players — outsourcing can be a key function of business operations. Customer service can help businesses grow by engaging with customers and increasing their brand loyalty.

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What is Back Office Support and Why is it Important?

Magellan Solutions

When you factor in labor costs, staff turnover, and investments in cutting-edge technology and training, you end up with a sizable and ever-increasing figure for many of your business expenses. It is significantly more cost effective to outsource your back office support. . TALK TO US!

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When Exactly Do You Need a Virtual Assistant Philippines BPO?

Magellan Solutions

Usually freelancers take this job for additional income, since most clients are open and flexible with their time. This comes handy for big businesses who are looking to have multi-racial clients. Getting a VA enables you to reduce labor costs. Call Answering. Accounting and Finance. Order Taking. Order Processing.

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Why Do Insurers Give Up And Just Outsource Claims Processing?

Magellan Solutions

All these attributes with the rising of labor costs as well as the inferior skills of claim insurance agents. So, what difference can an insurance outsourcing company make for your business? Our Business Developers can help you in setting up your key performance indicators (KPI).

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Should Americans Lose More Job Opportunities To BPO Philippines and Other ‘Tiger Countries’?

Magellan Solutions

In their report 70% of the 40 executives they interviewed agreed that the key objective of outsourcing is to minimize cost. Flexibility. In fact , outsourcing to the Philippines alone can help you save up to $16-$25 cost per hour. If you want to experience a difference in your business, shoot us a message! Percentage.

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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. Not carefully handling HR matters will give your business a horrible attrition rate. .

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