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Don’t worry anymore about the large investment of a call center, outsourcing in Mexico can reduce costs by 50% per year. If you are considering outsourcing services to reduce operatingcosts or optimize your administration efforts, you are in the right place. Operations and Staffing. Modern Technology.
What is the difference between offshoring, outsourcing, nearshoring, and onshoring? Nearshoring consists of setting up an engineering team in a neighbouring country with minimal time zone differences. Getting great value for money Offshore software development is a hiring and engagement model known for its cost-effectiveness.
Mexico's Strategic Location For Global Capability Centers Sharing borders with the United States and located just a few hours by air from Canada, Mexico offers a convenient, nearshore option for companies looking to establish a Global Capability Center. At this instant, this is where Intugo steps in to streamline the process.
When you outsource to typically low-cost international locations with additional redundancy; it is called offshoring. Contracting to regions nearby for cost reduction or talent expansion is termed nearshoring. Back-Office functions within a company consist of the non-customer facing or administrative tasks.
By partnering with experienced outsourcing providers like Groove Technology, businesses can access a global pool of skilled developers, reduce operationalcosts, and benefit from specialized expertise across various technologies and industries. A KPMG survey found that 44% of organizations are considering this approach.
Nearshoring to Mexico has become the go-to strategy for U.S. manufacturers looking for cost-effective, high-quality operating solutions. While nearshoring manufacturing is advantageous to all sectors , most companies require customization to ensure the solution fits both their short- and long-term needs.
When putting together a customer service call center, a common mindset involves calculating the cost of infrastructure, hiring, training, and the day-to-day operationalcosts, which may add hidden charges as the operation moves and grows.
When putting together a customer service call center, a common mindset involves calculating the cost of infrastructure, hiring, training, and the day-to-day operationalcosts, which may add hidden charges as the operation moves and grows.
According to a study by the National Association of Professional Employer Organizations (NAPEO), companies that outsource their HR functions can see an average cost savings of 27.2% – a significant return on investment! Nearshore Outsourcing Nearshore outsourcing combines onshore and offshore outsourcing.
The margin strain trickled down to operationalcost pressure that led to job cuts in the investment banking division of all the big banks, including Barclays, Citi Group, Deutsche Bank, and Goldman Sachs.
Intugo offers a nearshoring solution that allows businesses to set up a call center operational extension in Mexico, combining cost efficiency with direct team management. Why Choose Mexico For BPO Call Center Operations? Ready to elevate your call center operations and explore the benefits of nearshoring?
However, to receive this tax savings, there are several compliance obligations required when nearshoring to Mexico. 16% VAT Exemption When nearshoring to Mexico , VAT certification is not automatically given at the time of IMMEX program approval but does take immediate effect when partnering with a shelter. million in two years, $4.8
It involves legal, tax, and trade compliance, in addition to finding the right facility, recruiting and hiring workers, and setting up all administrative departments necessary to launch production. To alleviate this burden, the majority of foreign operators choose to work with a Mexico shelter company.
Evidently, by leveraging Intugo’s model, companies can tap into Mexico’s bilingual workforce while maintaining complete control over hiring, training, and day-to-day operations. Indeed, with its nearshore advantage, cost-effectiveness, and talent pool, Mexico is an excellent location for setting up a Global Delivery Center.
And, in 2023, nearshoring will continue to boost Mexico’s economy as new foreign direct investments are made. companies combat rising manufacturing costs and the struggle to find the skilled labor necessary for production. industrial labor are also causing manufacturers to consider nearshoring.
A Global Capability Center allows companies to centralize multiple business functions in one location, ensuring improved efficiency and cost-effectiveness. In particular, Mexico is quickly becoming a hotspot for setting up GCCs due to its proximity to the United States, skilled bilingual workforce, and attractive operationalcosts.
Some examples include: Marketing Administrative tasks Customer service Shipping and logistics Information Technology (IT) management Sales Accounting Human resources Content moderation Data entry. Offshore and nearshore outsourcing are two popular options. These allow for lower costs and access to top talents.
The USMCA , in particular, permits preferential tariff benefits between North American countries in order to incentivize nearshore manufacturing versus outsourcing to China or other countries. of operatingcosts is declared a safe harbor. Mexico has 13 free trade agreements with 50 other nations allowing tariff-free trade.
Intugo can help you recruit bilingual paralegals who excel in: Preparing and reviewing legal documents Communicating with clients and providing updates Organizing and uploading client documents Managing administrative tasks and providing quotes Creating record charts for client cases Conducting legal research as needed 3.
Intugo provides a cost-effective solution by recruiting skilled bilingual professionals in Mexico, where operationalcosts are lower. Indeed, this allows you to focus on growing your business without the administrative burdens associated with international expansion.
Competitive Advantage: Mexico’s Value Proposition Given that operationalcosts are much lower in Mexico compared to many developed nations, businesses can save money without sacrificing service quality. While Mexico provides competitive wages, its young, educated workforce is another great benefit.
of total operatingcosts and expenses of the IMMEX maquiladora. The role of a shelter alleviates the weight of administrative responsibilities from foreign manufacturers so they can concentrate on the manufacturing process. Declare a “safe harbor” by reporting a taxable income of either: 6.9%
administration to invest in the integration of semiconductor production of electric vehicles in Mexico. This strategy reduces operatingcosts, minimizes risk and liability, and allows companies to maintain complete production control. There’s also been a push from the U.S.
Lower labor costs can be a game-changer, significantly boosting profitability without compromising service quality. OperationalCosts: Beyond wages, operationalcosts such as utilities, rent, and administrative expenses must be evaluated.
Cost competitiveness In terms of operatingcosts, according to information from the Mexican Ministry of Economy, in the information technology sector, Mexico compares with levels similar to those of China and India. By the end of 2023, it predicts adding more than 8.85 billion dollars.
Intugo offers a nearshore model that allows healthcare organizations to expand their operations with complete control and compliance. Healthcare Business Process Outsourcing (BPO) helps providers and organizations grow by assembling teams that manage administrative tasks outside their core activities. Connect with Intugo today!
How to begin your offshore mission Check out how to launch your offshore development operations DOWNLOAD INFOGRAPHIC Hands-off operations With the right offshore partner, you wont have to worry about setting up operations: they will do all the heavy lifting while you focus on your product and start working with your team.
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