Outsourcing business processes to BPO firms have been gaining popularity among companies based in developed countries over the last two decades. It not only aids in escalating the profit by cutting staff & overhead costs but also helps the company to align its focus on the core business activities. When an organization outsources its business …
Top 10 Risks of Outsourcing and How to Mitigate Them Read More »
Outsourcing is perceived as a productive and successful approach to zero in on center business capabilities. In-house bookkeeping, reporting, taxes, and compliance uphold capacities can regularly be costly and redirect the executives’ consideration from fundamental business obligations and openings. Outsourcing choices are tied in with carrying out the responsibility better and not simply just less …
Why Outsource Financial Back Office Services to India Read More »
When you think ‘Outsourcing’, what part of the world do you think of? Is it the Philippines? Is it Thailand? I could likely conjecture that it is India, the place home to the Taj Mahal, Bollywood, Yoga, and Outsourcing. To understand the reason behind why India has come one of the major outsourcing hubs , …
Why has India become one of the Major Outsourcing Hubs? Read More »
Businesses today need to be more competitive than ever to thrive. Not only do the products & services need to be of excellent quality, but cost competitiveness is also an important factor that makes or breaks any company. Due to this rise in cost competition and the fast-evolving nature of the market, many companies have …
Offshore Outsourcing Vs. Captive Offshoring – What is right for your Business? Read More »
The global pandemic shook every aspect of our life. We were riding high until February 2020 and got locked in our houses by late March. Amidst the rising Covid19 cases and broken economy, a new form of work culture took over and is a widely adopted practice by companies worldwide today. The remote working culture …
The covid-19 pandemic has created a global crisis, affecting all aspects of the society be it medical, industrial, manufacturing or service sector. With major cities under a lockdown for extended periods and the contagion continuing unabated for over 6 months to date. With the outspread of the fatal virus, companies around the globe are obligated …
From the time the Portuguese explorer Vasco-da-Gama discovered the sub-continent of India, it has been a major attraction for opportunities and business. With a large population of skilled and unskilled labor combined with excellent natural resources, India poses as a great destination for outsourcing business processes. In a recent survey it was revealed that 80% …
Work can be very tiring sometimes. Especially, when you have started up your own business and are wearing multiple hats. It’s natural to feel helpless and unable to focus on the important aspects of growing your startup when you are the sales head, finance head, HR head all rolled in to one. So, smart startup …
Why Startups should consider hiring a Virtual Assistant Read More »
In the corporate world, the terms Outsourcing and Subcontracting are often confused with each other. Both activities involve delegation of work by hiring a third-party to perform tasks which would otherwise have been done by the in-house Staff. However, the two are not the same. Let’s understand the concepts in detail to distinguish between them. …
There are some key decisions, a company needs to make in order to set up an effective operating cycle and maximize returns. One of them Is the procedure of procuring work. Is it going to be online or offline, via in house employees or through third-party assistance? Such decisions are ardent as they depend on …
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