All over the world you will find innumerable call centers. This is the only sector which has seen the tremendous growth in few decade years. Businesses are using this call center services to expand their business. Call Center services includes Outbound call, inbound call, telemarketing services, technical support etc. If the enterprises dont use this service they cant entertain their customers 24*7 which means loss to the business as they can...more
Indeed if you are in any people oriented business especially in the service industry like IT/ITES or financial services. Given that the requirement of skilled work force is the highest in this nature of business both in terms of quality and quantity, talent acquisition cost can be substantial in these businesses. Frequent attrition too can add to this cost in the form of talent replacement cost. Moreover, the critical processes of these...more
Bookkeeping is an integral part of a business and should be taken very seriously by the management. However, the top management is usually so busy in other business processes that they dont get the time to properly focus on their bookkeeping section. Organizations usually outsource their non core business requirements to call centers and other outsourcing vendors.However, outsourcing something as confidential and sensitive as the accounting requirements is not an easy decision for organizations.Nevertheless, there are various advantages of outsourcing bookkeeping and accounting services to a firm in India. Some of the most prominent benefits are:Reduced Cost: By outsourcing your accounting services in India you can save a lot of money. You wont have to pay for infrastructure development, equipments and resources. Hiring resources and keeping them on a long term basis requires a lot of cash expenditure. Further, you also have to pay for their insurance, convenience and other facilities. Bookkeeping service providers can help you save up-to 70% of what you spend on in-house accounting department.Availability Of Expert Resources: India is a land of intellectuals and the society here...more
In any office, there is a front office which interacts with the visiting customers and a back office which manages all the rest of operations. Back-office comprises of product designers, engineers, administrators, and accountants, everybody who is not dealing with customers face to face. The efficiency of back office propels the growth of the...more
Loan processing outsourcing is in fact no alien term to people nowadays. As a matter of fact, it is particular system which is trusted by all the major loan processing companies in the world. With the passing of time the possibilities are truly appearing to be immense. These outsourcing firms that operate in the domain of loan processing fully...more
IPR (Intellectual Property Right) and its security is very important when we talk of Outsourcing. Before discussing its importance we must understand the meaning of Intellectual Property. Intellectual property is referred as something created by persons mind i.e. expression of an idea. And when we talk of protecting this creation or idea from being copied by someone else its referred as Intellectual Property Right.After knowing the meaning of IP and IPR lets come to nature and importance IPR with outsourcing. Nature of Intellectual Property varies across various industries and different types of business. However, Software development outsourcing is the area where it holds high level of importance. As high level of knowledge sharing is involved between the vendor and the customer in case of outsourcing. This is one reason that intellectual property management and data protection issues are increasingly important for the businesses that utilize outsourcing services for their work.During the process of outsourcing, customer transfer their intellectual property to the vendor which may include Data, business plans, inventions, software and other confidential information. Some of this...more
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Introduction:The business world today is different from the business world of a few decades ago. Today, companies rely increasingly on technology for many different aspects of their business, and the use of technology is making outsourcing easier....more
According to a recent research conducted by Gartner, it is revealed that selective network outsourcing along with managed network services is going to be the dominant trends for enterprises for the forthcoming years. This indicates that small and...more
Outsourcing services can solve your worries. However, in order to understand the same, we first need to know the details related to the problem as well as the cause.Even if you are intelligent and hard working, has the map, knows the route and trying...more
With the advent of technology, there have been an increasing number of web or software applications. Considering the competition in the market today, every online business is trying to separate itself from the existing lot. As a result, there has...more
When it comes to taking care of your accounting needs there are many options. If you wanted to you could do it yourself or hire a team to form an internal department. Or you could consider outsourcing your to a NJ bookkeeping firm. But before...more