Finding the Best Outsourcing IT Companies

Service providers or outsourcing IT companies provide a way for businesses to get the job done through the most cost effective solutions. An outsourcing company is a third party firm, also called a service provider, which can manage processes that are part of your business. Almost any aspect of the business can be outsourced, including billing, payroll, data entry, graphic design, collections, customer support, accounting and animation.

Outsourcing can not only help companies save on costs, employee hours, supply purchases, equipment purchases, resources and at the same time free themselves of the hassles of doing tasks that are not part of the core business or competency.

To achieve these desired results however, you need to look for service providers or outsourcing IT companies that can help your business function minus the hassles of frequent technical glitches.

Other benefits of having a third party handle your company’s IT requirements include:

* As with outsourcing other tasks, outsourcing your IT requirements lets you and your staff focus on your core business and what you can do to become even more competitive. These are activities such as product launches, improving sales, and improving processes.

* You can be as specific and focused on the core business as you want. You may, for example, spend more energy and time on strengthening relationships with clients, on increasing profit, improving production, finding new clients, and other similar tasks.

* Hiring service providers or outsourcing IT companies also lets you skip the worries on technical issues that affect the company’s infrastructure. A reliable, topnotch third party or service provider will do the worrying and solving for you.  

Know the services and benefits of outsourcing in software development @ www.Sourcefit.com

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BPO Philippines :Contributing to Growth

The outlook for the Philippine economy continues to be positive thanks to the continued success of several BPO Companies in  Philippines. The expansion in the services industry, which includes BPO Philippines; the recovery of the manufacturing sector, particularly the food production sub-sector; and benign inflation are some of the reasons the country posted 6.4 percent growth in 2012’s first quarter. This is according to the report from the National Economic and Development Authority (NEDA).  

This Q1 figure is even more impressive when you add the fact that this comes second only to China, which showed economic growth of 8.1 percent in the first quarter. The Philippines’ 6.4 percent growth for Q1 is the highest among Association Southeast Asian Nations’ (Asean) member-states. The NEDA further said that the Q1 gross domestic product (GDP) has exceeded what analysts expected, which was at 4.8 percent; and that the Philippine economy is expected to continue to post impressive figures through the succeeding quarters of 2012, meeting or exceeding the government’s growth targets.

Becoming Even More of a BPO Powerhouse

Just a decade ago, BPO Philippines was far from being one of the major players in the industry, But now, BPO companies in the Philippines have become globally competitive.

BPO Philippines is growing not just in the voice sub sector but also for other services like graphic design, web design, software development, animation, desktop publishing, composition, typesetting, shared services and legal services. For the software services sub-sector, the PSIA said that the areas that have a vast potential for growth this year are remote infrastructure services, support, maintenance, and application enhancement. And even with the diminished global investment due to the crisis in Europe, according to a top official of Citigroup Asia-Pacific, the Philippines continues to emerge as a vibrant marketplace for M & A (merger and acquisition) and raising capital. And th outlook Farhan Faruqui, Citi, Asia-Pacific’s head of global banking further said in an exclusive interview with broadsheet Philippine Daily Inquirer that because of strong education and language skills, the Philippines’ BPO industry will move to higher value added knowledge process outsourcing.

Statistics shows the continues positive growth of BPO Philippines and Outsource Software Development Services sector.

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Philippine Outsourcing and its Good Effects to the Business

Many companies from different industries are taking advantage of Philippine outsourcing in order to tap into its vast pool of competent resources that are offered for low prices. Big multinational companies and small businesses from different parts of the globe relocate services to the Philippines because of the advantages that it offers. There are a lot of business process outsourcing companies or BPO companies in the country that offer various kinds of services such as call center, back office support, accounting and financial management, online sales and marketing, technical support and many more. The Philippines is one of the greatest providers of outsourced employees and services; and the country has already been considered as one of the best outsourcing locations.

Big and small companies alike can benefit a lot from outsourcing their non-core business activities to the Philippines. Provided below are some of the advantages that the BPO industry in the Philippines can offer to every business:

• The country has a lower economy and companies can take advantage of this economic difference and enjoy lower costs of overhead and operations. Relocating operations to the Philippines can lower the company’s expenses as much as 50-60 percent.

•  Because of the availability of competent workers in the Philippines, companies will not have difficulty finding employees. They will have access to a vast pool of experts and professionals without going through the expensive and time-consuming processes of recruiting, hiring, and training employees.
•   Benefits for employees will be taken care of by the outsourcing providers. Outsourcers will not worry about staff shortage during holidays, leaves, and absences of employees.
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•   BPO companies in the Philippines use the latest software and technology. Companies can tap into providers in the country and be able to utilize these resources. Businesses no longer need to invest in new equipment, hardware, and software that are needed for operations. Having a business partner in the Philippines can give companies great economical advantages.
• Aside from administrative savings, companies that outsource operation to the Philippines can also save money from all costs associated with their occupancy including personal property taxes, janitorial services, and all utility costs.  Also, there is no need to expand office spaces just to accommodate staff activities.
•  Companies will have better management of the business and staff.
•  Businesses can improve productivity by having the ability to have operations 24 hours a day, 7 days a week with flexible staff solutions that match the needs of the business.

Philippine outsourcing can indeed help companies a lot in cutting down expenses. BPO providers in the country also provide assistance for companies so they can efficiently manage their businesses by providing them more time to focus on revenue generating activities. The continuous growth and expansion of the Philippine BPO industry only shows the efficiency of the country’s outsourcing business. It is no wonder that even the rival countries of the Philippines such as  India, Japan, and China are moving their outsourcing management operations to Philippines in order to capitalize on the vast resources that the country has to offer.

Learn on how outsource software development can maximize the resources of your company.

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