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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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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. Cost Considerations Cost optimization is crucial when choosing between offshoring and outsourcing. It can give them a competitive edge in the offshoring vs outsourcing debate.

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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. .

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How outsourcing is helping deliver retail and eCommerce success

Microsourcing

By outsourcing certain business functions, retailers and eCommerce operators can dedicate more resources to their core capabilities and seamlessly scale up or down depending on economic conditions. Along with multiple tasks being able to be outsourced, businesses can save up to 70% on labor costs by working with external providers.

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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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When Exactly Do You Need a Virtual Assistant Philippines BPO?

Magellan Solutions

This comes handy for big businesses who are looking to have multi-racial clients. Getting a VA enables you to reduce labor costs. This is also the main reason why businesses want to have a VA servicing company by their side. Want to spend it on investments, not expenses.

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

Magellan Solutions

To enlighten you, here is a comparison of how much it would cost if you hire a US call center agent versus an overseas customer support worker. Labor costs in countries like the Philippines and India are significantly lower than the Western rates because of economics. Our business development team will be with you ASAP.

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