May, 2015

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Medical Billing Outsourcing: What You Need to Know

Magellan Solutions

Imagine a clinic as a startup company. The building blocks of any start-up company is a strong administrative and bookkeeping support system to oversee cash inflow and outflow, making sure that products and services are billed correctly while at the same time managing the timely settlement of bills to ensure minimum disruption in operations. This is quite a challenge for medical doctors especially since they often wear multiple hats – managing their growing number of patients while at the

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Philippines Outsourcing Revenues to Overtake Foreign Remittances

SourceFit

Revenues from Philippines Outsourcing, the country’s offshore outsourcing sector, are expected to outpace remittances from Filipinos working abroad in a few years, according to the central bank of the Philippines or Bangko Sentral ng Pilipinas (BSP). The BSP said the booming business process outsourcing (BPO) industry is soon going to be the main source of dollar income for the country, replacing cash transfers. .

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Outsourcing Philippines to Drive 5.5% Growth Until 2020

SourceFit

The Philippine economy has the capacity to grow at a 5.5 percent clip within the next five years due to strong performance of Outsourcing Philippines, the country’s information technology and business process outsourcing (IT-BPO) sector, according to market intelligence firm IHS. IHS is similarly optimistic about the country’s per person gross domestic product (GDP), which is expected to rise from $3,000 to $6,000 by 2024. . “The competitiveness of the Philippines in this indus

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Outsourcing in the Philippines, Slow Inflation to Drive Growth

SourceFit

According to a new report by the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP), the Philippine economy could grow by 6.15 percent in 2015, slightly faster than the 6.4 percent projection at the beginning of the year. The faster expansion will be driven by slow inflation, higher government spending and a strong services sector, which includes outsourcing in the Philippines. .

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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How An Answering Service Benefits Legal Firms, Medical Institutions, And Dental Facilities

Magellan Solutions

Professional industries need contact centers to maintain a thriving business. Law firms have different contact service requirements compared to hospitals and clinics. Below are the types of answering services and how different businesses can be served through an outsourced call center to questions from clients and partners. Types Of Answering Services. • Automated answering service – Customers calling in would be getting information based on automated responses.

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Business Process Outsourcing for SMEs: Yes or No?

Magellan Solutions

Are you an entrepreneur thinking about how to take your business to new levels of productivity? Are you looking at streamlining your current processes to strengthen brand recall to target customers? And are you exploring outsourcing to help you achieve these goals? This article walks you through the fundamentals of outsourcing so you can decide better if this will ultimately suit your needs and propel your business to new heights.

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Philippine Outsourcing Companies Keep Office Space Demand High

SourceFit

The demand for office space remains high as Philippine outsourcing companies continue to attract global clients, according to real estate firm Jones Lang LaSalle (JLL) Philippines Inc. Demand is mainly driven by the information technology and business process outsourcing (IT-BPO) sector, showing positive rental rates and capital values. . JLL Philippines head of research, consulting and valuation Claro Cordero Jr. said the Makati central business district (CBD) is among the prime destinations in

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Philippines Outsourcing Sector to Lower Poverty Levels – World Bank

SourceFit

Revenues from Philippines Outsourcing – the country’s booming information technology and business process outsourcing (IT-BPO) sector – along with strong foreign remittances and higher government spending, are expected to boost Philippine economy in 2015 and 2016 and slash the country’s poverty incidence, according to a World Bank report. .

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Business Process Outsourcing Philippines Drives M-Commerce Boom

SourceFit

M-commerce (mobile commerce) in the Philippines is rapidly growing due to the increasing penetration of smartphones among a young, digitally-connected population, according to Euromonitor International. The London-based market intelligence firm expects m-commerce to reach US$9 million in the Philippines and Thailand by 2018. Analysts said the booming industry that is business process outsourcing Philippines is also driving the growth of m-commerce in the country.

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Philippines No.3 in the World for Business Confidence

SourceFit

The Philippines is ranked third in the world and number one among the Association of Southeast Asian Nations (ASEAN) for business confidence, according to a recent report by consulting and market intelligence firm Grant Thornton International. . Despite a drop of 2 percentage points from last year, the overwhelming majority (86 percent) of Philippines business leaders are optimistic about the economic climate in the next 12 months.

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Global Hiring Guide for Startups

Grow your startup beyond borders and boundaries. Global expansion is the ultimate goal for many startup founders. However, to successfully enter new markets and grow internationally, you need a sound and scalable global recruitment strategy. In this eBook, you’ll discover how you can gain a competitive edge over your business rivals through the latest technology, harnessing global contractors, and using a global employment platform.