Remove Business Development Remove Flexibility Remove Labor Costs Remove Offshoring
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Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

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 Offshoring?

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What is Back Office Support and Why is it Important?

Magellan Solutions

Both definitions are correct, and they stem from different business tactics used throughout the early stages of a company’s development. With the attraction of offshore back-office services, a number of back-office operations are unquestionably seizing the opportunity to gain from outsourcing.

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Why Do Insurers Give Up And Just Outsource Claims Processing?

Magellan Solutions

According to a recent study, 64% of insurance company owners think that the rising labour costs is the main reason why they will outsource. 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?

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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. This will help your business, especially since more than 90% of Americans have mobile phones.

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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. Insourcing to the USA is cost-inefficient compared to offshore companies. Percentage.

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

Magellan Solutions

For starters, you can slash your labor costs by at least 50%. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. . Recruitment process outsourcing or RPO refers to offshoring your procedure in acquiring new internal employees. Recruitment Process Outsourcing.

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

Magellan Solutions

For starters, you can slash your labor costs by at least 50%. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. . Recruitment process outsourcing or RPO refers to offshoring your procedure in acquiring new internal employees. Recruitment Process Outsourcing.

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