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8 hidden costs of outsourcing - and how to mitigate them | MicroSourcing

Microsourcing

Valued at $187 billion in 2018, the outsourcing market is expected to reach almost $315 billion by 2025 as companies are increasingly drawn to its ability to reduce costs , increase efficiencies and boost productivity. For an industry that has been on the rise for several decades, outsourcing shows no signs of slowing down.

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Outsourcing insurance claims handling processes | MicroSourcing

Microsourcing

Insurance companies should always be on the lookout for ways to reduce these handling times to improve customer satisfaction and reduce costs. In fact, it can take around 1.5 months for a life insurance claim to be accepted , 1.6 months for a trauma insurance claim and 1.5 months for an income protection claim to be processed.

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5 tips for running onshore and offshore teams in parallel

Microsourcing

For the best part of a decade, I have had the pleasure of working in a sector that plays a pivotal role in helping businesses reduce costs and improve efficiencies. There is something special about seeing a client tentatively dip their toes in the outsourcing waters and, as is often the case, quickly become its biggest advocate.

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Trends in construction and engineering services outsourcing

Microsourcing

Outsourcing has long been a valuable strategy for businesses keen to increase efficiencies and reduce costs in areas as diverse as customer service, information technology and data management.