offshore staffing philippines

back office functions

Back Office Functions You Should Delegate Today

Offshore Back Office, Offshoring in the Philippines / By

Outsourcing is never-changing, but what and why companies do it is what changed the most. Companies nowadays wanted to be ahead of their competitors which are in contradiction to Deloitte’s report that the top reason is to cut costs.

As we are in the phase of innovation, all manual tasks can be quickly finished resulting in higher productivity. A report from the Market Research Future concluded that the global BPO market will continuously grow by 11 per cent until 2023. And it is because of innovative outsourcing. This upgrade even made the tedious back-office functions more manageable and easier to accomplish.

However, those tasks should still be outsourced to spend more time on the company’s core competency.

Know more about back-office outsourcing and see which functions you should be delegating today.

Accounting and payroll

Handling company finances is a very particular task that could eat up all of your time. What more when you have to keep invoicing a client who doesn’t pay up to date? Well, everybody wants to get paid but only a few are willing to take on the legwork because it is definitely time-consuming. However, when you choose to outsource your accounting and payroll, you’ll be saving a lot of money and time. And if you think that outsourcing your payroll would put your finances at risk, you’re definitely mistaken.

Delegating this process to a trusted company that prioritises electronic security actually decreases the chance of cyber theft.

Recruitment

Acquiring talents up to the actual onboarding of new hires is a very long process. Except for the recruitment costs that kept on piling up, the eye for a good hire could only be done by a professional. So stop wasting time trying to find the right staff and let an expert handle the task for you. Not only will you be saving huge recruitment costs, but also maximising the time to grow your business.

Data processing

Detail-oriented tasks like data processing or data entry require strict attention. Due to the repetitive nature of inputting, organising, and cataloguing of data, it is also time-consuming.

Now, if you choose to outsource your data processing, your time will solely be for your business. Thus, you can make better strategies for the growth of your business.

Among the countries that can confidently provide these back-office outsourcing services is the Philippines. As one of the world leaders in the BPO industry, the country is home to thousands of foreign outsourcing companies.

One of them is the Dynamic Business Outsourcing Solutions, a fast-growing Australian-owned offshore staffing company that caters to services which can help you save up to 70% on your wage costs! Reach us today and get a free consultation with our very own Founder/CEO.

software outsourcing

3 Things to do Before Hiring a Software Outsourcing Partner

IT Outsourcing Services, Software Development Outsourcing / By

Software developers can easily be outsourced from all over the world. With the number of global talents available, you can effortlessly find someone qualified. If you’re ready to spend a huge amount of money for software outsourcing, getting an in-house team would be possible. But if you’re a starting company that aims for the most cost-effective strategy, outsourcing could be a viable option.

Successful software outsourcing stories similar to Skype and Slack could happen to your business too. You just have to broaden your options and remember that a wise business knows when to seek help from a third-party provider.

Now, when it comes to offshore software development, choosing among the numerous qualified outsourcing partners is the real deal. Before coming to a final outsourcing decision, try to consider these things:

1. Location

In this age of globalisation, companies all over the world are broadening their spectrum to meet the market demands. So, first and foremost, you should be specific in what country would you want to focus on searching for your future outsourcing partner.

Everything is developing, as well as the countries who can accommodate software developments. According to a market research body, Asia is considered the “tiger” in the outsourcing software development jungle. India is on the topmost list, followed by Vietnam, the Philippines, Thailand, and China. These countries offer the best infrastructure, equipment, and talent that are most needed for IT outsourcing services such as software development.

2. Price or quality?

In a few selected instances, price and quality go well together. But when talking business, it’s just either of the two.

Price-first vendors will often provide a fixed quote for your project with a specific timeline. This kind of companies focuses more on accomplishing the project at hand rather than looking forward to a long-term partnership.

On the other hand, quality-first vendors are more expensive and they tend to be more selective on the projects that they accept. They are the type of companies who can ensure proper delivery and execution. They are also those who spend efforts and resources training their team to guarantee the perfect output.

Tip: If you’re a start-up company seeking for cost-effective software development, then the price-first vendors is your best choice. But if you’re an established company who can afford to spend a huge amount for your project, then the quality-first vendors is the perfect choice for you.  

3. Ask your candidates about previous experiences

Every one of your candidates has their own strengths and weaknesses. And if you have already decided on the specific skill that you’re looking for in a candidate, asking all the right questions is what’s remaining.

Here are a few questions that you could ask your software outsourcing candidate:

  1. Tell me about your previous experience with similar software development projects.
  2. What are the critical risks of software outsourcing? How would you manage them?
  3. What do you think is your company’s edge above your competitors?
  4. If you get this project, what would be your action plan?

Takeaway

With the availability of skilled software developers all over the world, finding the best one is the crucial part. Selecting from a wide number of talents will be extra time-consuming. That’s why partnering with an offshore staffing company would definitely help you save time. They will be the one to recruit possible candidates based on your qualifications, but the final stage of hiring will still be in your hands.

Get the most cost-effective solutions and tap the best talents in the Philippines with Dynamic Business Outsourcing Solutions (DBOS). Contact us today and get a free consultation from our very own CEO/Founder!

offshore staffing

Reasons Why Offshore Staffing in the Philippines Thrive

Offshoring in the Philippines, Outsourcing in the Philippines / By

Compared to its neighbouring countries, the Philippines is one of the most popular when it comes to offshore staffing. A number of foreign companies, especially Australians choose to outsource to the Philippines for a very long time.

The offshore staffing industry started in the early 2000s. Countries like India, China, Thailand, Indonesia, and the Philippines have become favoured outsourcing destinations by more Australian companies. Now, businesses such as Salmat, Telstra, Macquarie and a lot more have ventured to the offshore staffing business.

But why do these companies choose the Philippines out of all the countries out there? Here are some of the reasons why:

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Reasons Why Offshore Staffing in the Philippines ThriveRead More »

startup entrepreneurs

4 Things that Startup Entrepreneurs Should Do

Business / By

Establishing a successful startup business comes with numerous challenges. It starts with financing up to finding the right space to rent for the office. However, these are not everything that startup entrepreneurs encounter.

According to a joint survey carried out by CoFounder magazine and ArcticStartup, 37% of startup founders believe that the biggest obstacle when creating a company is finding the right people to help run the business.

Meanwhile, some startup entrepreneurs refuse to share their responsibilities with other people. They are uncomfortable with the idea of giving other people the authority to run their business and is afraid of losing the overall control. But, it doesn’t work like that. It is almost impossible to handle everything on your own if you’re planning on growing your business. And that’s why some businesses chase the most cost-effective yet, high-quality option – outsourcing or offshore staffing in the Philippines.

Now to help you better manage your business, here are a few important things that startup entrepreneurs should do:

1. Get an outside perspective on your audits.

It is better to get an outsider’s perspective to avoid biased audits on your business expenditures. A certified practising accountant (CPA) that is in no way related to you or your business would be a good choice.

The goal of getting an expert’s opinion on your overheads is to double check if you missed a crucial part on your own audit. During the practice, the expert might see miscalculations and come up with ways to improve your processes.

2. Trust your team.

Employees are hired for their specialties and skills, so let them do what they do best – their jobs. Stop checking on your team and trust them to fulfil their roles. Doing so goes to show that you have the utmost faith in them.

Trust is a very risky word but also a solid foundation for a sturdy relationship. Showing them your confidence in their abilities creates a huge impact on their overall performance.

And while leadership is very much important in running a business, you certainly cannot function without your people. So building a strong relationship with your team is definitely essential.

3. Don’t stray far from your goal.

Always remind yourself of your initial goal. Focus on the company’s big picture and don’t get distracted by the “maybes”. Be clear of your overall business plan and don’t stray away from it. Create a schedule to make sure that your team stays on track towards achieving the main objective of your company.

4. Delegate your non-core tasks.

Doing every task on your own could exhaust you completely without even accomplishing your most important function. Lift off few of the burden on your shoulders and delegate some of your tasks to an expert. Do not tire yourself out with the roles that you can easily assign to someone who does it better.

Outsourcing could be a critical turning point in your business so you should choose carefully. You can consult a reputable offshore staffing company to help you handle all your outsourcing concerns.

Our goal here at DBOS is to help you grow your business. All our services are available for low and cost-effective prices. Know more about us when you contact DBOS for a FREE consultation today!