Outsourcing hubs such as countries in Latin America and Southeast Asia have seen growth in outsourcing business over the past few months. The Philippines in particular, is seeing a number of expansions by outsourcing companies this month alone. While India mulls over its current problems with the U.S. and China, other outsourcing hubs are emerging from India's shadow. One thing that shows in the recent expansions is that companies...more
According to recent studies conducted for offshore outsourcing, the single factor that affected call center outsourcing in the past ten years was labor deployment and that is the standard used by most companies when it comes to making decision on hiring workforce on a larger scale and where to send them where they can get a more profitable advantage for their companies. Before, the cost of labor was one of the most important...more
TrendsDue to the growing economic instability and decline in profit margins in most industries around the world, the management strategies of companies are now solely focusing on increasing efficiency and on generating significant cost savings. Business process outsourcing as a strategic tool has been accepted as one of the most effective means to achieve these twin goals. Most companies now consider finance and accounting outsourcing as an important part of their outsourcing strategy. Some recent studies and surveys highlight the following:An independent survey estimated that Software and Services export revenues expected to grow over 16-17% to reach USD 62 billion by FY 11 with FAO being the second largest area of outsourcingThe Finance and Accounting Outsourcing (FAO) market in 2010 is expected to resume a growth trajectory more similar to pre-recessionary levels, moving towards 20 percent and reach nearly US$3.7 million in annual contract volume (ACV) Common Activities outsourced in AccountingThe most common activities in this area include:Record to Report (e.g., general accounting and reporting, forecasting and planning, banking)Procure to Pay (e.g.,...more
Nowadays it has become common to outsource projects across the board in order to fetch an immensely productive output. This is especially practiced amongst software technology related market. With recent up growth in open source technologies, overseas is experiencing a lateral hike in the web based project development services. While...more
When I first started my business a while back I learned very quickly that I couldn't do everything on my own, but the problem was I didn't know quality and cheap outsourcing went together, I though you found both at different places and that they gave you different results.The first trick I learned about outsourcing was that you don't...more
With the simultaneous pressures of cost savings and software-centric innovation, CIOs continue to look abroad for development projects and managed services.A global CIO study from 2010 reveals that 90 percent of CIOs will be maintaining or increasing offshore outsourcing projects in 2010 and 2011. According to the UK-based IT staffing and managed services firm Harvey Nash, outsourcing has been greatly used during the recession and CIOs are inclined to continue using outsourced services.In its 2010 Global CIO Survey, Nash surveyed 2,855 IT executives from around the world and found 62 percent outsource software-application development; 53 percent outsource software maintenance; and 53 percent outsource IT infrastructure services. Twenty-two percent outsource systems integration, 8 percent outsource BPO, 8 percent outsource HR BPO, and 6 percent outsource their entire IT department. Thirty-six percent of CIOs are increasing their budgets in 2011 for offshore outsourcing activities.The rising star for offshore outsourcing is Eastern Europe, but India is still a major player. Vietnam, the Philippines and China are also seeing increased IT activity. Says the Harvey Nash...more
Over the last decade or so, the offshore outsourcing market has evolved to cater to the business needs of many companies based in the US. Most companies rely on the services rendered by the offshore call center outsourcing companies as...more
The management of payroll systems is extremely time consuming and requires tremendous data to be handled with great precision. Companies need to spare capable workers who will have to devote quality time to handling all the data...more
The call center India story is about a decade old and it is a tale with numerous twists and turns which is fitting with respect to the incredible situation that it has brought before us. The very fact that Indians can fit into the jobs...more
Watch Outsourced Season 1 Episode 2"Outsourced" is a comedy where the Midwest meets the exotic East in a hilarious culture clash. The series centers on the all-American company Mid America Novelties that sells whoopee cushions, foam...more
Java presents productive portability and scalability to rendezvous the increasing desires of persons utilizing Internet. It is broadly use for Web development application. To title the couple of one can play online sport, chitchat with...more
When you launch any search engine marketing campaign, you have to be clear at your heads regarding which approach to follow so that you can get the maximum benefits from it. So if you are short of workforce, however you are ready to...more