offshoring

stressed businessman

Telltale Signs That You Might Need to Outsource

Building a sustainable startup business from the ground up is no easy task. Even after you overcome all preliminary hurdles, your company is sure to face harder challenges along the way. At that point, the difference between success and failure lies in your ability to adapt. Outsourcing is lauded to be a great option in surviving these challenges, especially for a small business looking to grow or expand. In this article, we will enumerate some of the signs that you might need to outsource in order to help your business thrive.

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3 Important Things Startups Should Know Before They Outsource

As an entrepreneur, you already got through the preliminary process of setting up a sustainable business, but now comes the hard part: maintaining your stride and growing it. We’re sure your curiosity about business process outsourcing has led you all the way to this article, so we’re going to list down a few crucial aspects to consider before you jump on board the offshoring train.

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How Outsourcing Has Changed The Global Economy

The BPO (Business Process Outsourcing) industry has changed ever since it was first introduced around the late 80’s. In the following decade after companies have discovered its benefits, more and more enterprises shifted focus towards cost-effective measures and outsourced necessary business processes. Up until today, the BPO Industry continues to grow and increase in demand, serving as a catalyst for dramatic changes in the global economy.

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Incoming 70,000 BPO jobs in the PH for 2018

Good news for Filipinos: The Business Process Outsourcing industry expects an influx of over $1 Billion in revenues, and generating over 70,000 new jobs. According to the Contact Center Association of the Philippines, the BPO industry will grow by 7 to 9 per cent this year. Aside from Information Technology courses, businesses are looking to hire more Statistics and Mathematics majors for data analytics.

Although BPO companies worry about the possibility of AI replacing jobs in the industry, the Philippine government is confident that workers will be able to adapt to the changing technological climate. The government is also revisiting tax perks under the second tranche of reforms currently being pushed in Congress. This helps entice businesses of any scale to choose the Philippines as an outsourcing hub.

To learn more about this forecast, click here to view the full article.

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Common Misconceptions About Outsourcing That Need Debunking

It’s 2018, the outsourcing industry is booming, and yet there are still persistent misconceptions that make a lot of business owners hesitant to try it out. Though it’s true that offshoring comes with a few risks, finding the right BPO (business process outsourcing) company to partner with makes it worth your investment. We’ve compiled the most popular myths about outsourcing and dishing out the truth behind it.