Remove Business Development Remove Labor Costs Remove Offshoring Remove Sales
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What is Back Office Support and Why is it Important?

Magellan Solutions

This is an old word that alludes to a time when a store’s showroom and sales area were located in the front while the accounting, manufacturing, and administrative sections were located in the back. . Offshore employees are also given suitable training in order to improve their experience and skills.

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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. There is a significant number of businesses shifting to the online market.

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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%. On top of that, you will have faster day sales outstanding (DSO) by almost 65% compared to before you outsource accounts receivable services. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. .

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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%. On top of that, you will have faster day sales outstanding (DSO) by almost 65% compared to before you outsource accounts receivable services. Besides that, offshore BPO companies also have a fair assessment when it comes to your financial statement. .

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

Magellan Solutions

Insourcing to the USA is cost-inefficient compared to offshore companies. 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. If you want to experience a difference in your business, shoot us a message! Salary (per year).

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How outsourcing is helping deliver retail and eCommerce success

Microsourcing

With more than 5 billion internet users worldwide 2 , global retail eCommerce sales are estimated to exceed $6.3 Source: Global Ecommerce sales growth from 2017 to 2023 Source: Global. 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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