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Home Posts tagged "Outsourcing"

Tag: Outsourcing

In business, outsourcing involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing). The concept came from the American Glossary ‘outside resourcing’ and it dates back to at least 1981. Outsourcing sometimes involves transferring employees and assets from one firm to another, but not always. It is also the practice of handing over control of public services to for-profit corporations.

It includes both foreign and domestic contracting, and sometimes includes offshoring (relocating a business function to a distant country) or nearshoring (transferring a business process to a nearby country). Many people confuse it and offshoring – however they are different. A company can outsource (work with a service provider) and not offshore to a distant country. For example, in 2003 Procter and Gamble outsourced their facilities management support, but it did not involve offshoring. Financial savings from lower international labor rates can provide a major motivation for outsourcing or offshoring. There can be tremendous savings from lower international labor rates when offshoring.

The opposite of outsourcing, insourcing, entails bringing processes handled by third-party firms in-house, and is sometimes accomplished via vertical integration. However, a business can provide a contract service to another organization without necessarily insourcing that business process.

Articles about "Outsourcing"

outsourcing

The A to Z of OUTSOURCING

By Camille Denise Rellosa | Blog, Outsourcing | 26 April, 2019 |

A Accounting is usually one of the first departments small business outsource because hiring and training new employees are more tedious than having a licensed accountant take care of your finances. C Customer Service maybe the number one job outsourced by companies for it requires special training and the right attitude to deal with theExplore Now

The A to Z of Outsource Customer Support

By Camille Denise Rellosa | Blog, Customer service, Outsourcing | 29 August, 2018 |

A An Agent is a vital part of outsourcing customer support since they are the ones who connect businesses to their customers by taking care of their needs and keeping them informed of what the company has to offer. C Proper Communication is needed for Agents and Clients or Customers to understand one another andExplore Now

Why Outsource to the Philippines with Bureauserv?

By Camille Denise Rellosa | Blog, Outsourcing | 21 August, 2018 |

Reasons why you should outsource to Bureauserv Outsourcing offers many benefits especially for SMEs. Outsourcing allows companies to focus on their core businesses without sacrificing the quality and efficiency in other areas of their operation. For companies that do not have the workforce needed to carry out certain duties, outsourcing to offshore businesses with the expertise in thoseExplore Now

semantic seo

How to do semantic SEO?

By Emy Bautista | Advanced SEO Techniques, Brand development, Digital marketing, Outsourcing, SEO | 17 April, 2017 |

How to do SEO in 2017? There is no single, simple answer. Like most technologies, SEO is a complex and ever-changing concept. However, one idea that stands out from our research is the greater emphasis on semantic SEO. Semantic SEO is not a new concept, it has been around since 2004, but recent Google algorithmExplore Now

excellent customer service

How to provide excellent customer service?

By Emy Bautista | Business advice, Customer service, Outsourcing | 6 March, 2017 |

Excellent customer service is mandatory. Most definitions would describe customer service as a process or the act of taking care of customer’s needs and ensuring customer satisfaction. Customer service is an important part of a company’s strategy, but as Bruce Himelstein, a former chief marketing officer at The Ritz-Carlton Hotel Company pointed out in hisExplore Now

outsourcing customer service

Benefits of outsourcing customer service for your small business

By Emy Bautista | Business advice, Customer service, Outsourcing | 19 January, 2017 |

When somebody mentions outsourcing customer service, the image of those huge call centres from a scene in Outsourced or The Best Exotic Marigold Hotel often comes to mind. For most people, customer service outsourcing is a strategy reserved only for Fortune 500 companies. That is no longer the case today. Outsourcing customer service is aExplore Now

7-Step Guide to Social Media Marketing Success

By design@bureauserv.com | Advanced SEO Techniques, Digital marketing, Online marketing, SEO | 24 October, 2016 |

If you are using the internet, I am sure you have heard about social media marketing or an active user of social media networks – hello Facebook, Instagram, Twitter, and LinkedIn! These social media platforms have become such as huge part of our lives. For some, social media had become their primary means of communication,Explore Now

Cloud accounting software

Xero versus MYOB

By Emy Bautista | Digital marketing, Outsourcing | 23 August, 2016 |

Most companies today have realised the benefits of cloud computing. The list will include convenience, improved collaboration, enhanced security, and lower IT costs. Thus, it is not surprising that a lot of small and medium-sized businesses has shifted to cloud and outsource accounting. This technology provides businesses with remote working capability and data access fromExplore Now

Tasks Small Businesses Should Outsource

By design@bureauserv.com | Digital marketing, Online marketing, Outsourcing | 9 August, 2016 |

In the book the E-Myth, Michael Gerber highlighted one of the challenges that small business owners encounter: balancing growth while trying to do everything alone. Many entrepreneurs have great skills and talents, but as the business grows, they soon realise that they have to juggle different roles to make the business work. They often findExplore Now

10 Reasons to Outsource to the Philippines

By Emy Bautista | Digital marketing, Online marketing, Outsourcing | 26 July, 2016 |

Today, BPOs are continuously growing in number around the world. So, businessmen’s success on this trade basically depends on the location of their businesses. One of the most popular outsourcing destinations for years is Philippines. To sum up the reasons why, below are a few factors that substantiate this claim: 1. Cultural Compatibility The PhilippinesExplore Now

mobile-friendly

Going Mobile-Friendly Matters

By design@bureauserv.com | Advanced SEO Techniques, Digital marketing, Online marketing, Outsourcing, SEO | 19 July, 2016 |

Smart Insights statistics show that mobile overtook fixed internet access in 2014, and continues to increase. This can be attributed to the very many smartphones and mobile gadgets that are now available at a very low price. Out of this, more and more people are getting access to social media networks, online shops, and aExplore Now

The Cloud

The Cloud

By Pau Llames | Accounting, Digital marketing, Outsourcing | 16 July, 2016 |

One of the biggest buzzwords for maximising business efficiency today is cloud computing. The term is often referred to as simply “the cloud”. Cloud-based software. Migrating to the cloud. Stored in the cloud. Accessed from the cloud. Everything seems to be happening “in the cloud”. But what is it, and how important it is to yourExplore Now

web presence

How to Establish and Increase Web Presence

By design@bureauserv.com | Digital marketing, Online marketing, Outsourcing, SEO | 11 July, 2016 |

Consumers’ growing reliance on the internet has revolutionised the way companies do business. Today, most people do online research of the product or service, compare options and customer reviews before making major purchases. Online shopping is gaining web presence and the range of products and services online has grown exponentially. Indeed, the internet has becomeExplore Now

Cloud accounting

Cloud Accounting – A New Breed of Service

By design@bureauserv.com | Accounting, Outsource Accounting, Outsource bookkeeping, Outsourcing | 4 July, 2016 |

With the rapid growth of the Software-as-a-Service (SaaS) business model, more and more applications and derivations of the concept are developing to make them available for business owners. One of the most promising new technologies that is now inching towards the limelight is cloud accounting – a process that hosts the accounting software remotely throughExplore Now

Benefits of Business Process Outsourcing

By design@bureauserv.com | Offshore accounting, Online marketing, Outsource Accounting, Outsource bookkeeping, Outsourcing | 4 May, 2016 |

Business process outsourcing has become a widely accepted global strategy implemented by today’s businesses. Technological advancement and online solutions such as cloud computing and business process as a service (BPaaS) contributed to this shift. Industry experts believe that the growing interest in outsourcing can be attributed to the following benefits: Control and reduce cost SavingExplore Now

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