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Is Outsourcing Offshore Right for You? Pros and Cons

Magellan Solutions

As the global economy becomes increasingly interconnected, the appeal of outsourcing offshore has soared. The global BPO market is projected to reach $525 billion by 2030 , growing at over 9% annually. Companies increasingly turn to offshore providers for talent, expertise, and cost-efficiency.

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10 Unique Reasons To Outsource Healtcare To BPO Philippines

Magellan Solutions

An introduction to value propositions by BPO companies in Metro Manila. BPO Philippines serves with the promise of efficiency, flexibility, and improved productivity, just to name a few. This is also supported by the fact that the number of BPO offices keep growing. . Philippines. Costa Rica.

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Why Do You Need to Outsource Customer Service Solutions to a BPO with Low Attrition Rate?

Magellan Solutions

While pricing and services are important factors, you should also consider the attrition or turnover rate of the BPO company. Here’s the average attrition rate of the BPO industry in the past decade: Year. Average Attrition Rate for the BPO Industry. This will give you an idea how long an agent can work for your business.

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Australian Companies That Outsource To Stay On Top

Magellan Solutions

Since 2010, Transurban has been using contact center services from the Philippines for its toll networks in Sydney and Melbourne. This move sent around 150 jobs offshore. With its proximity and inexpensive flight ticket, clients can easily visit their offshore team. . This is to ensure continuous customer service improvement.

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List of Companies That Outsource Call Centers

Magellan Solutions

As part of its cost-cutting measures, the company moved most of its call center operations to alternative offshore locations such as the Philippines, India, and Mexico. . Outsourcing is so effective that even the Big Four banking institutions in the United States have moved some of its operations offshore. Bank of America. Capital One.

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Manila is 3rd Top BPO Destination in the World

SourceFit

Manila, the Philippines’ capital, is the third leading business process outsourcing (BPO) destination in the world, according to Tholons Inc. 4 in the 2012 and 2010 Tholons surveys. . The ranking is a notch higher than last year’s and 2010’s ranking for the city. Manila was at no. Reference: – [link].

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15% Annual Growth for Ph BPO – NEDA

SourceFit

The National Economic and Development Authority (NEDA) is projecting growth of at least 15% annually for the Philippines’ Business Process Outsourcing (BPO) sector. . Majuca added that the BPAP based its assumptions on a projected doubling of growth from 2010 to 2016 in the global market. Reference: – [link].

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