Posted on February 18, 2014
In today’s cut-throat economy, offshore outsourcing is one of those solutions that have emerged to remedy the need to reduce expenditures and produce more in a limited amount of time.
The combination of both strategies has allowed businesses and firms to: (1) take advantage of the low taxes and costs of factors of production in another country, particularly developing countries; (2) be able to focus more on their core competencies. (3) take advantage of continuous operations even when the in-house staff is already hitting the sack, and; (4) access a great pool of talents with the right skills and expertise for the job or function, thus ensuring more productivity in the least amount of time.
Today, with various BPO services providers emerging from different parts of the globe, the bar for providing the best offshore outsourcing services at a competitive price continue to get raised.
But it takes more than just quality and time and cost-efficiency to make a partnership with a BPO provider work. Selecting an offshore outsourcing provider with values and culture similar to yours will minimize miscommunications and breakdown cultural barriers to ensure a harmonious relationship between your firm and the vendor.
For this reason, the Philippines is the most favorable outsourcing destination. In addition to its high English literacy rate and the abundance of highly skilled and service-oriented professionals, the strong and ubiquitous presence of the US culture in the country has made it easy for Western companies to easily establish a strong and long-term business relationship with offshore outsourcing providers in the Philippines.