SourceFit

MARCH 9, 2016

The business process outsourcing (BPO) industry in the Philippines is expected to grow faster this year and generate $25 billion in revenues and 1.3 The company has helped BPO companies find spaces for new facilities, expansion and relocation, leasing almost 140,000 square meters of office space in 2015.

Outsourcing 40

Outsourcing BPO Advisory Business Process Outsourcing 40

SourceFit

DECEMBER 7, 2015

IHS chief economist for Asia-Pacific Rajiv Biswas predicts that the Philippines can become a $695-billion economy by 2025 and a $1-trillion economy by 2030, riding on a growing IT-BPO (information technology and business process outsourcing) sector and strong OFW remittances. This year, the current account surplus hit $4.7

BPO 40

BPO Government Business Process Outsourcing Outsourcing 40

SourceFit

MAY 22, 2015

percent clip within the next five years due to strong performance of Outsourcing Philippines, the country’s information technology and business process outsourcing (IT-BPO) sector, according to market intelligence firm IHS. The Philippine government expects the economy to grow by 7-8 percent in 2015 and 2016.

Outsourcing 40

Outsourcing BPO Business Process Outsourcing Offshoring 40

SourceFit

APRIL 28, 2016

The general insurance segment of the global BFSI market captured most of outsourcing deals in terms of volume, with 55 to 60 percent market share in 2015, while the health and life insurance segment captured 35 to 40 percent. The “others” segment accounted for 5 to 10 percent of the market. .

Insurance 40

Insurance Banking Outsourcing Service 40

SourceFit

MARCH 21, 2016

The Philippines’ information technology and business process outsourcing (IT-BPO) industry expects to add more jobs and generate $25 billion in revenues in 2016. Besides healthcare, the finance and accounting , software development and legal outsourcing segments of the industry also show positive growth.

Jobbing 40

Jobbing Outsourcing BPO Healthcare 40

SourceFit

JUNE 18, 2015

Customer service representatives in the Philippine business process outsourcing (BPO) industry, also called the “sunshine”? The results of the PSA’s Labor Turnover Survey showed that customer service representative positions posted a quarterly average of 2,504, accounting for 2.9 percent of the total. .

Jobbing 40

Jobbing Outsourcing BPO Business Process Outsourcing 40

SourceFit

FEBRUARY 3, 2015

The country’s main growth driver, the services sector which includes the Philippine outsourced services industry, accounts for over half (56.7 The services sector, led by Philippine business process outsourcing (BPO), grew by 6 percent in Q4 last year, the same growth for 2014’s total year average.

Outsourcing 40

Outsourcing Service Business Process Outsourcing BPO 40

SourceFit

OCTOBER 17, 2014

billion in business process outsourcing (BPO) in 2015 for digital consumers and data analysis. The property and casualty (P&C) insurance segment will double the growth rate of the life and pension (L&P) sector, which accounts for 60 percent of overall spending.

Insurance 40

Insurance BPO Business Process Outsourcing Banking 40

SourceFit

MARCH 2, 2016

The major consumers of outsourced analytic services are the banking, financial services and insurance (BFSI) sector, accounting for about 33 percent of market revenue in 2014, followed by the healthcare industry. percent CAGR ) from 2015 to 2020. .

Analytics 40

Analytics Outsourcing Labor Costs Business Process Outsourcing 40

Magellan Solutions

AUGUST 14, 2021

Based on the Willis Towers Watson’s 2015-2016 Global 50 Remuneration Planning Report, the low cost of labor in the Philippines makes them a more attractive alternative investment location, compared to other countries. million Filipinos directly and accounts for 6% of the country’s GDP. Salary per year ($). Philippines.

Call Center 52

Call Center BPO Outsourcing Business Process Outsourcing 52

SourceFit

JANUARY 27, 2016

The Philippines and Vietnam were the strongest performing real estate markets in Southeast Asia in 2015, according to industry magazine Property Report. The magazine said the Philippine real estate industry remained a solid performer mainly due to a strong business process outsourcing (BPO) industry. .

BPO 40

BPO Business Process Outsourcing Outsourcing Accounting 40

SourceFit

APRIL 13, 2015

The Philippines’ outsourcing industry (information technology and business process outsourcing) recorded S18.4 While contact center services still accounted for the biggest revenue share, healthcare information management was the faster-growing segment in 2014. IBPAP’s goal for 2015 is to hit $21.3

Outsourcing 40

Outsourcing BPO Healthcare Call Center 40

Magellan Solutions

FEBRUARY 16, 2018

A 2015 Business Development Bank of Canada research paper entitled, “SMEs and Growth: Challenges and Winning Strategies” also found out from their survey findings that 64 percent consider rising operating costs as a major challenge facing SMEs’ growth. Accounting and Finance. Poor economies of scale.

Outsourcing 53

Outsourcing Data Entry Payroll Human Resources 53

Magellan Solutions

AUGUST 19, 2021

RPAs can further be leveraged to help retail customers in managing account opening applications, accelerating payment authorizations, and setting up standard instructions for automated payments. It quickly assesses risk without any human intervention required.

Banking 52

Banking Retail BPO Finance 52