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As enterprises look to mitigate concentration risks by diversifying their contact center presence and further tap advantages such as cost arbitrage, diverse talent, and rapid technological advancements, businesses find Africa increasingly attractive for CX delivery.
Furthermore, it is important to note that healthcare provider businesses face a considerable amount of exposure to laborcosts. This is especially true for more labor-intensive provider businesses like home health, personal care services, and hospice, where labor can account for more than 50% of costs.
The country has a substantially lower cost of living compared to other countries. Beyond laborcosts, the operational expenditures are undeniably cheaper such as office space, utilities and equipment. This makes the Philippines ideal for outsourcingoperations. Government support. Government support.
Nearshoring refers to outsourcing tasks or services to companies in nearby countries or regions, typically within the same geographical area or time zone. This strategy is typically driven by factors such as lower laborcosts, access to specialized skills, or market expansion opportunities.
RPA bots can handle tasks like data entry, invoice processing, and basic HR functions, significantly reducing the time and cost involved. Quality Assurance: AI tools are employed to monitor and evaluate the quality of work in outsourcingoperations.
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