NoonDalton

DECEMBER 21, 2022

Offshoring is another name for global outsourcing, which is the practice of outsourcing work to a third party headquartered abroad. This post will discuss the main causes that prompt businesses to outsource internationally, along with benefits and drawbacks. What are the Main Reasons Companies Rely on Global Outsourcing?

Global Outsourcing 52

Global Outsourcing Outsourcing Offshoring Business Process Outsourcing 52

Offshore India Data Entry

JANUARY 22, 2024

By leveraging external offshore bpo service providers to handle key business functions like accounting, HR, and IT as well as data entry and data processing , organizations can reduce costs, free up internal resources, accelerate growth, and drive innovation.

Offshoring 94

Offshoring BPO Accounting Data Entry 94

Magellan Solutions

JANUARY 22, 2024

The 2022 Deloitte Global Outsourcing Survey revealed significant cost and operational benefits for companies strategically outsourcing key functions. So, by pursuing strategic outsourced business solutions, SMEs can secure the talent, technology, and operational capabilities required to level up.

Outsourcing 52

Outsourcing BPO Out-Tasking Business Process Outsourcing 52

Magellan Solutions

MARCH 27, 2023

Do you want to know more about the benefits of outsourcing and why businesses make it a part of their strategy? We will examine some general outsourcing statistics below. Source: Magellan Solutions In 2023, global outsourcing spending may reach US$731 billion, according to Deloitte’s Outsourcing and Shared Services 2019-2023 Report.

Outsourcing 52

Outsourcing Business Process Outsourcing Out-Tasking E-Commerce 52

Magellan Solutions

MARCH 13, 2024

These regions offer a talented and cost-effective workforce, making them ideal for companies looking to maximize efficiency and reduce costs. Companies are increasingly recognizing the strategic value of outsourcing beyond just cost savings. It allows you to focus on your core competencies.

Offshoring 105

Offshoring Outsourcing Out-Tasking Labor Costs 105

Pure Moderation

MAY 22, 2022

Additionally, since the agency is handling all the resources to train the outsourced staff, you no longer have to factor in other expenses such as equipment, infrastructure, and payroll. Instead, you can focus your cost savings on revenue-generating activities in your company. Focus On Core Business Aspects.

Customer Service 52

Customer Service Outsourcing Service Customer Support 52

Magellan Solutions

JANUARY 19, 2016

Finance and Accounting Outsourcing (FAO) became a trend, with the availability of the necessary technology and growing number of finance and accounting professionals in the Philippines. Some of the FAO processes commonly outsourced are payroll, order-to-cash (O2C or OTC), procure-to-pay, and record-to-report processes.

Finance 61

Finance Accounting Outsourcing BPO 61