subject: Professional Data Processing Services Help Make Business Life Easier [print this page] Technological advances in business and data processing have simplified record keeping and bookkeeping, no matter the size of your business. Many professional processing businesses offer their services to help make your business life less complicated. Let's take a quick look at how one of these services can help you.
What is an Offshore Data Processing Service?
A data processing service is a business model that uses computers to enter, summarize, analyze and convert statistics into usable information. Most of the process may be automated by programs specifically designed to perform the task. Sometimes, however, a personal touch is required to ensure that the information is usable.
Such services specialize in recording and converting statistics from a wide variety of other business types. These services often employ the professional skills of engineers, doctors and accountants, to name a few. Professionals in specific fields understand the information they input for your recordkeeping requirements and ensure a more efficient level of service.
Why Outsource?
Speed: It takes time to record, classify, manipulate and summarize text and numerical figures. Professional data processing services offer qualified staff to speed up your processing requirements.
Accuracy: Professionally trained staff makes the extra effort it takes to ensure everything is recorded exactly as required. They put extra emphasis on recording your information correctly the first time.
Improve Focus: Not all business models take the processing of information into account during the business building process, and that's OK! Outsourcing data processing is very cost effective and lets you remain focused on more pressing matters.
Compact Storage: File cabinets and boxes full of files are a thing of the past. Electronic storage is much more compact and often requires 1 hard drive or zip drive and a backup hard drive in case of emergencies.
Expand Your Company's Resources: When you outsource data processing you ultimately expand your company's resources. Your information is saved on protected servers and accessible by only those you deem able.
World-wide Access: Access your files and information from anywhere in the world with any computer or laptop. Servers are online 24 hours per day, 7 days per week, for all 365 days each year.
Huge Cost Savings: You should expect to save between 50% and75% of your data capture costs when moving to offshore processing, depending upon your existing cost base, application, turnaround requirement and volume. There have been examples where clients have saved 90% of their existing cost, although this is unusual.
Virtually Limitless Advantages
Quite possibly one of the biggest advantages of outsourcing data processing is security. The company's databases and servers are protected by firewalls and the best antivirus software available. Their job is to protect not only their own servers but also the intellectual property of every client they represent.
Businesses of all sizes rely on offshore data processing services for a variety of reasons. We've examined some of the reasons in this article. The overall goal of an offshore data processing service is to help you boost productivity, improve quality of work and store large amounts of information in an easily retrievable form.
Banks, insurance companies and retailers often find it much more effective to outsource data processing in lieu of creating a new department within the company for such tasks. Information is stored and easily accessible nearly anywhere in the world.
