Wednesday, August 29, 2012

Harness Benefits of Outsourcing Business to the Philippines

The business of outsourcing has indeed led to great leaps in efficiencies in terms of operations. Doing so in the Philippines prompts companies to gain more profit in terms of having better productivity and minimizing labor costs without sacrificing quality of output.

Making use of offshore services from a country that is known for their fluency in English and access to college-educated staff means you get a team whose high learning curve allows for faster training and consistently efficient services.

By outsourcing, companies and corporations are able to relieve their internal staff with a lot of the peripheral stuff that entails running a successful enterprise. This leaves more freedom and opportunity to focus on other important aspect of a business such as corporate communications, strategic planning and marketing, which all lend itself to the success of a business.

In the Philippines, this industry has grown significantly, establishing it one of the leading offshoring destinations by 2011 and earning the distinction of having the highest number of call center employees, with nearly half a million to date. An unprecedented growth of almost 50% should definitely lend credibility to the kind of potential that this industry has. Credit it to relatively lower costs in terms of labour and operations versus other countries. The country?s familiarity with American culture and fluency in English, both formal and informal and the steady stream of college-level applicants who have studied in schools where English was the primary mode of instruction.

The industry in itself straddles several industries, allowing applicants diversity as well and providing foreign investors to tap into their potential. Whether its customer service, medical transcription, writing, engineering, finance, logstics, software development, animation, web design or accounting, there is an opportunity waiting within this highly lucrative industry.

The steady growth of the Philippines as a regional or even globally recognized hub for offshore operations provides all these services at a fraction of what one might have to pay in the U.S. or UK, given the differences in value of foreign currencies.

Source: http://www.gssphilippines.com/blog/benefits-outsourcing-business-philippines.html

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