Tag: Philippines

Outsourcing in the Philippines as a Business Strategy Option

    admin

Business process outsourcing or BPO companies in the Philippines that are dedicated to providing assistance to foreign companies are continuously multiplying and expanding. The growth of BPO in the country has brought a lot of advantages not only to Philippine economy but also to the Filipino community. Since it is now one of the greatest revenue generators of the country and greatest provider of job opportunities, the development of outsourcing industry in the Philippines is good news not only to Philippine nation but also to all foreign companies that are outsourcing in the Philippines. The increasing number of BPO companies in the country makes the competition among outsourcing providers more stiff and this further improves the quality of services provided and products delivered.

Relocating non-core business activities to the Philippines is a business strategy that was adapted by a lot of companies from different industries. The country is one of the key players in the global outsourcing industry and its knowledge and expertise about outsourcing business can bring great advantages to every company. Technical capabilities, natural talents, skills, and language proficiency of the Philippine workforce can help every company owner achieve the goals and objectives of the business and hasten the growth of the company. The Philippine country can offer your business the best possible location for achieving your company’s outsourcing goals.

Hiring third party outsourcing vendors from the Philippines to do some of your business activities is like creating an extension of your business and establishing operations on the other side of the globe. This is an advantage and can further improve your company’s global standing and competencies. You will be able to tap in with the vast pool of resources that are otherwise not available in house. Outsourcing non-core business activities to Philippines has different variable advantages. It usually depends on the nature of the business, the situation of the company and its economic standing, and the industry on where the company operates. Once you hire an outsourcing company in the Philippines, all members of the staff will work to deliver the demands needed by your business; you can even get assistance and services around the clock if needed.

The shift of the company toward outsourcing business is very noticeable. The increasing number of companies that are relocating their services to the country is an obvious reason of the efficiency of Philippine outsourcing industry. Outsourcing in the Philippines is one of the best ways to reduce company expenditures without sacrificing the good quality services and products that business provide to customers. When outsourcing is properly implemented, it has a great impact on the revenue recognition of your company and can deliver considerable amount of investments, saving your business as much as 50 percent in operational and overhead costs Philippine BPO increases the financial flexibility of your business. It also improves the efficiency of your company processes. Philippine BPO gives your company the opportunity to enjoy the benefits of getting excellent quality kind of service at inexpensive rates.

______

Outsourcing in the Philippines has been proven; fast and effective, with Accounting Outsourcing and IT Support Outsourcing, Customer Service Outsourcing Companies have a low-cost and effective management.

Bpo Philippines Ideal For Business Strategy

    admin

More and more companies from different parts of the globe are relocating their business operations to the Philippines. Business process outsourcing, or BPO Philippines, is one of the biggest providers in the outsourcing industry. The vast pool of talents and resources of the country have put the Philippines on top of the ranking in the global outsourcing industry. The myriad advantages of the Philippines BPO to different businesses made the Philippines a location of choice for various foreign investors. A lot of companies are hiring outsourcing vendors from the country to take care of some of their business tasks because the Philippines can provide competent resources that can deliver excellent quality products and services.

The competition in the global marketplace is now stiffer. Companies, regardless of sizes and industries, should find ways to improve business strategies. The ability to adapt to the constant changes is very important so as not to be left behind by the competition. Relocation of non-core business services to the Philippines is one of the most effective ways to manage business, improve productivity, and expand global reach of the company. Having a business partner in the Philippines is like having an extension of your business in the other country. You will not only personally manage your staffs and company activities, but you will still enjoy excellent quality services and better business operations.

There are myriad of BPO companies in the Philippines to choose from. Because of the increasing number of vendors in the country, BPO companies are becoming more aggressive in establishing their places in the marketplace and this resulted in a better quality of services. Outsourcers can choose from the array of providers in the country that offer different kinds of services for different industries. If you are planning to hire an outsourcing business partner from the Philippines, make sure to identify the outsourcing company that is compatible with your own before hiring. A good provider has the ability to create a custom-tailored process to match your business. It must have the right employees that are expert and knowledgeable on your business and the kind of industry in which you operate. Always keep in mind that the success of your outsourcing endeavor relies not only on the location of your business operation but, most importantly, to the outsourcing business partner that you will hire. Choosing the right provider is very crucial in outsourcing.

The Philippines has been the number one provider of outsourcing services like customer and technical support, SEO and online marketing, software development, web design, finance and accounting, medical transcription, call centers, shared services and other back office services. Many foreign investors are relocating their services to the country and taking advantage of the benefits that BPO Philippines offers. Every company believes in the standard clich that time is money. Outsourcing companies in the Philippines can offer your business round the clock operations which can greatly improve your production. BPO in the Philippines is one of the top outsourcing choice in Asia that can offer advantages beyond economics and time zone difference.

About the Philippines BPO Industry

    admin

BPO industry has taken the world by storm since it has been recognized as the fastest growing industry worldwide. Considering the global scenario, the crown of the largest BPO player is being held by India. China comes second following next to India. The third spot is being held by Philippines. However, Philippines is placed to be the No. 1 offshore outsourcing service provider in the Asia Pacific region.

Many experts feel that Philippines have the potential to emerge as the global leader in the outsourcing field. The country includes a huge pool of skilled and talented workforce to reach to its ultimate aim. The people of this country are even capable of speaking good English and they are also well versed with other western culture. Therefore, Philippines BPO service providers are confident about the fact that they can improve their performance even further.

Currently, the contact centers and call centers forms to be the key part of Philippines outsourcing industry. The country has been able to outperform Malaysia in this particular field to become the third largest service vendor in the world. In the year 2006, the revenues earned by the Philippine outsourcing industry stood at US$2 billion and within 2 years the outsourcing industry of Philippines attained 62 per cent growth.

Many industry analysts have predicted that the offshore outsourcing service industry of Philippines is expected to earn more then US$11 billion in the coming years. If at all this prediction happens to be true then the employment opportunity would grow up even further.

Seeing this ever growing trend of Philippines BPO industry, the current government has also decided to take various steps to make the country more tempting to overseas investors. This would surely help the country to be on the global outsourcing platform.

Philippines have already secured its place in this field and today it is being considered to be one of the well known outsourcing destinations. The country has adopted strict certification procedures for its offshore outsourcing service vendors prompting every Philippines based outsourcing company to go through this procedure before starting its operation.

Philippine is on its way to become one of the global leaders of offshore outsourcing service industry. Some of the services on offer include logistics, accounting, finance payroll processing, tax and financial reporting and others. The nation has vast number of IT and English speaking professionals who are capable enough of displaying amazing talents. Every year thousand of students are graduated from various fields such as accounting, engineering and human resource management.

The customs and traditions of Philippines are admired by several European and North American countries. The people of this country can adapt themselves very easily to the various other cultures. Therefore, it is absolutely no problem for the Filipinos to offer amazing customer care services for its international clients. In terms of knowledge based jobs and employees, this Asian nation has always been considered to be the best in the business.

There is no doubt that Philippine do have the capability to become a global player in the field of business process outsourcing. They have highly skilled workforce, technical expertise and necessary infrastructure. Even the government is keen to make the country a preferred hotspot for outsourcing. Right now, voice based business processes are holding the major position in the BPO industry of Philippines but sooner or later the country will seek to expand its outsourcing portfolio.

Outsourcing An Innovation for Business

    admin


If you are a business-owner, innovation is probably in the forefront of
your mind. If it isn’t it should be! In the ever-increasingly
competitive business environment today, entrepreneurs must work to
ensure that they stand out among their competitors.


It can be tempting to cut corners and try to find ways to beat out your
competition that end up sacrificing the quality of your product or
service, or give you a bad name in your industry. Always remember that
duplicating your competitors’ products, services or promotional methods,
is never a good way to try to remain competitive.

If you are in
a saturated or fully-developed industry, finding ways to innovate your
product can be difficult. But who says that you need to have a brand new
product?

Finding ways to innovate and be inspiring in the way
you conduct your business, is one of the best ways for you to make your
company stand out above the rest.

Now, you’re probably wondering how you can innovate the way you do business.


Like most other business owners, you probably have budget constraints
and human resource limitations. You can’t afford to invest in a brand
new factory, or hire top-of-the-line marketing or operations
consultants.

A great, cost-effective way to innovate the way you
do business is to outsource some of your human resource needs to
virtual assistants.

Outsourcing basically means contracting out
services that would normally be conducted in-house. You can outsource
almost any business process, like answering phones, technical
assistance, payroll, marketing, and accounting, just to name a few.

Here are just a few of the benefits outsourcing can create for your business:

It can save you money.


Managing staff can be a time-consuming and expensive process. Human
resource management requires so much more than hiring and firing, and
often business owners forget that. Outsourcing some of your staffing
needs to virtual assistants and other freelancers can be a great way to
cut down on some of your human resource costs.

Flexibility


The great thing about outsourcing to virtual assistants is that you can
hire them as you need their services. Short-term contracts are easily
negotiable, and you don’t have to worry about paying staff, even when
they may not be doing any work.

Expertise

Particularly
in the Philippines, where the virtual assistants industry is booming,
business owners can usually have their pick from a large pool of
professionals, with expertise in a variety of areas willing to freelance
with your company.

But how exactly does outsourcing add up to innovation?

It’s simple.


All of your cost-benefits from outsourcing some of your staffing needs
can greatly reduce your indirect costs, and these cost-advantages filter
down to lower the price of your product, and/or increase your profit
margin.

By working with professionals around the world who can
offer you their expertise in certain areas, you open your business up to
so many possibilities, opportunities and ideas for development.


Lastly, let’s not forget that outsourcing and hiring virtual
assistants, requires you to think strategically about your business and
your long-term goals.

Strategic thinking is golden in business development!

Read more: http://www.remote-agency.com/outsourcing-an-innovation-for-business/