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Offshoring vs Outsourcing: Benefits and Helpful Tips

Magellan Solutions

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.

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Comparing Outsourcing Quotes: 8 Things to Look Out For

Magellan Solutions

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.

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Strategic Outsourced Business Solutions for Every Need

Magellan Solutions

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.

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Customer Service Outsourcing [5 Benefits For You]

Pure Moderation

With outsourcing, you can better attend to functions like logistics, sales, research and development, QA, and many more. Outsourcing your customer service domestically gives you a language advantage since you’ll be working with individuals who speak the native tongue. How Do I Outsource Customer Service?

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BPO, KPO, LPO: Which One Is the Best for Your Law Firm?

Magellan Solutions

Are you thinking of outsourcing some of the tasks in your law firm? But the global outsourcing industry is vast. During your search, you might have encountered acronyms for different types of outsourcing, such as BPO, KPO, and LPO. And legal research or e-discovery is also a KPO service.

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Is it time to venture on finance and accounting outsourcing (FAO)?

Magellan Solutions

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.

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Globalization and Outsourcing

3Pillar Global

How has global outsourcing progressed in recent years? Which factors might impact your decision to outsource and who you work with? Impact of Globalization on Outsourcing. How Outsourcing Benefits the US Economy. Outsourcing keeps businesses profitable by reducing software development and IT costs.