Remove 2007 Remove BPO Remove Offshoring
article thumbnail

How SMEs Solved These 4 Challenges Through Back Office Service Solutions?

Magellan Solutions

The dollar volume of bank loans for SMEs declined by 20% since the recession in 2007. . BPO companies have different business models to run your business smoothly. . BPO companies have the ability to widen your marketing strategy and target international customers through 24/7 operations. Lack of Financial Access.

Service 52
article thumbnail

Sourcefit Joins IBPAP

SourceFit

IBPAP is the country’s umbrella association for the local IT-BPO industry, with the goal of making the Philippines the world’s top destination for voice and non-voice outsourced services. It provides custom offshore staffing solutions to small, medium, and large businesses all over the world. Sourcefit Philippines Inc.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

You must be ready to handle any risks or challenges you may encounter before you employ an offshore staff. . Here are reasons why companies outsource some of their tasks to business process outsourcing ( BPO ) companies. . . #2) When dealing with offshore teams, a formal, written contract is always in your best interest.

article thumbnail

RP Chosen as World’s Best BPO Destination for 2nd Time

SourceFit

For the second time, the Philippines won the Offshoring Destination of the Year category at the 4th National Outsourcing Association (NOA) Awards held recently at the Park Plaza Riverbank, London. The Philippines , which won the award for the first time in 2007, bested Egypt, Malaysia, Russia and Sri Lanka for 2009.

BPO 40
article thumbnail

The Recessionary Conundrum: What Lies Ahead for Healthcare Payers?

Everest Group

According to an assessment done from 2007-09, only some of the insurance loss from a lack of employer coverage was offset by added public coverage, leading to a 5.6 million rise in uninsured adults. Payers will have to explore ways to offset any price hikes.