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Home Posts tagged "Outsourcing"

Tag: Outsourcing

In business, outsourcing involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing). The concept came from the American Glossary ‘outside resourcing’ and it dates back to at least 1981. Outsourcing sometimes involves transferring employees and assets from one firm to another, but not always. It is also the practice of handing over control of public services to for-profit corporations.

It includes both foreign and domestic contracting, and sometimes includes offshoring (relocating a business function to a distant country) or nearshoring (transferring a business process to a nearby country). Many people confuse it and offshoring – however they are different. A company can outsource (work with a service provider) and not offshore to a distant country. For example, in 2003 Procter and Gamble outsourced their facilities management support, but it did not involve offshoring. Financial savings from lower international labor rates can provide a major motivation for outsourcing or offshoring. There can be tremendous savings from lower international labor rates when offshoring.

The opposite of outsourcing, insourcing, entails bringing processes handled by third-party firms in-house, and is sometimes accomplished via vertical integration. However, a business can provide a contract service to another organization without necessarily insourcing that business process.

Articles about "Outsourcing"

all about outsourcing

The A to Z of OUTSOURCING

By Camille Denise Rellosa | Blog, Outsource accounting, Outsource bookkeeping, Outsourcing | 26 April, 2019 |

A Accounting is usually one of the first departments small business outsource because hiring and training new employees are more tedious than having a licensed accountant take care of your finances. C Customer Service maybe the number one job outsourced by companies for it requires special training and the right attitude to deal with theExplore Now

why you should outsource to bureauserv

Why Outsource to the Philippines with Bureauserv?

By Camille Denise Rellosa | Blog, Outsourcing | 25 April, 2019 |

Reasons why you should outsource to Bureauserv Outsourcing offers many benefits especially for SMEs. Outsourcing allows companies to focus on their core businesses without sacrificing the quality and efficiency in other areas of their operation. For companies that do not have the workforce needed to carry out certain duties, outsourcing to offshore businesses with the expertise in thoseExplore Now

semantic seo

How to do semantic SEO?

By Emy Bautista | Advanced SEO Techniques, Brand development, Digital marketing, Outsourcing, SEO | 17 April, 2017 |

How to do SEO in 2017? There is no single, simple answer. Like most technologies, SEO is a complex and ever-changing concept. However, one idea that stands out from our research is the greater emphasis on semantic SEO. Semantic SEO is not a new concept, it has been around since 2004, but recent Google algorithmExplore Now

excellent customer service

How to provide excellent customer service?

By Emy Bautista | Business advice, Customer service, Outsourcing | 6 March, 2017 |

Excellent customer service is mandatory. Most definitions would describe customer service as a process or the act of taking care of customer’s needs and ensuring customer satisfaction. Customer service is an important part of a company’s strategy, but as Bruce Himelstein, a former chief marketing officer at The Ritz-Carlton Hotel Company pointed out in hisExplore Now

outsourcing customer service

Benefits of outsourcing customer service for your small business

By Emy Bautista | Business advice, Customer service, Outsourcing | 19 January, 2017 |

When somebody mentions outsourcing customer service, the image of those huge call centres from a scene in Outsourced or The Best Exotic Marigold Hotel often comes to mind. For most people, customer service outsourcing is a strategy reserved only for Fortune 500 companies. That is no longer the case today. Outsourcing customer service is aExplore Now

MYOB versus Xero

Xero versus MYOB

By Pau Llames | Offshore accounting, Outsource accounting, Outsource bookkeeping, Outsourcing | 23 August, 2016 |

Most companies today have realised the benefits of cloud computing. The list will include convenience, improved collaboration, enhanced security, and lower IT costs. Thus, it is not surprising that a lot of small and medium-sized businesses has shifted to cloud and outsource accounting. This technology provides businesses with remote working capability and data access fromExplore Now

10 Reasons to Outsource to the Philippines

By design@bureauserv.com | Digital marketing, Online marketing, Outsourcing | 26 July, 2016 |

Today, BPOs are continuously growing in number around the world. So, businessmen’s success on this trade basically depends on the location of their businesses. One of the most popular outsourcing destinations for years is Philippines. To sum up the reasons why, below are a few factors that substantiate this claim: 1. Cultural Compatibility The PhilippinesExplore Now

Going Mobile-Friendly Matters

By design@bureauserv.com | Advanced SEO Techniques, Blog, Digital marketing, Online marketing, Outsourcing, SEO | 19 July, 2016 |

Smart Insights statistics show that mobile overtook fixed internet access in 2014, and continues to increase. This can be attributed to the very many smartphones and mobile gadgets that are now available at a very low price. Out of this, more and more people are getting access to social media networks, online shops, and aExplore Now

How to Establish and Increase Web Presence

By design@bureauserv.com | Digital marketing, Online marketing, Outsourcing, SEO | 11 July, 2016 |

Consumers’ growing reliance on the internet has revolutionised the way companies do business. Today, most people do online research of the product or service, compare options and customer reviews before making major purchases. Online shopping is gaining web presence and the range of products and services online has grown exponentially. Indeed, the internet has becomeExplore Now

Cloud Accounting – A New Breed of Service

By design@bureauserv.com | Offshore accounting, Outsource accounting, Outsource bookkeeping, Outsourcing | 4 July, 2016 |

With the rapid growth of the Software-as-a-Service (SaaS) business model, more and more applications and derivations of the concept are developing to make them available for business owners. One of the most promising new technologies that is now inching towards the limelight is cloud accounting – a process that hosts the accounting software remotely throughExplore Now

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