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BPO
(Business Process Outsourcing)
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What is outsourcing? why outsource? India
advantage?
IT outsourcing refers to hiring somebody
outside the company to provide IT services.
outsourcing is done to enable companies to
bring down or control their operational
costs. Many companies do not have access to
the required resources within the
organization. The only option available to
such companies is to let operational details
be handled by an outside expert. Moreover
outsourcing helps in making use of the
latest technology. Most of the times, the
resources available to a company are
limited. Outsourcing helps companies to
focus on important business issues by
utilizing the available resources and at the
same time let operational details be handled
by outside experts at lower prices.
Companies worldwide want to focus on their core business activities. Firms
prefer to outsource their ancillary business processes in order to
reallocate internal resources to important projects. It is because of this
reason that BPO services are growing. BPO is a strategic management tool
that can help organizations to gain maximum efficiency and at the same time
cut down their costs. |
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INDIA ADVANTAGE
India's progress in the field of technology is remarkable. Several Fortune
500 companies have opened centers here, to take advantage of the
technologically skilled, highly educated,
professionally qualified, motivated and English-speaking workforce. Companies like GE, and American
Express, have been successful in demonstrating the benefits of outsourcing
with total annual savings of few hundred million dollars between them
alone. The most important criteria for BPO is productivity gains and
improvement in the quality of service. India is advantageous in terms of
both quality and cost. This is clear from the fact that India has the
highest number of Maturity Level 5 organization in the world. Global
Corporations are outsourcing to India today in order to improve the quality
and productivity of their services. A McKinsey study shows that when
processes are off shored to India, companies not only get the advantage of
low cost but also experience improvement in productivity and quality.
We offer payroll outsourcing services to enable you to remain focused on core business operations. The outsourced payroll services provided by us result in considerable savings in cost. Although payroll is an important consideration, it is not a core activity. Thus by hiring the services of a payroll outsourcing company, you can concentrate on the core activities of your company. Tax laws change from time to time and it becomes very difficult for a company to cope with these changes. Moreover there is a risk of exposure of confidential information to
unauthorized persons. A payroll outsourcing company provides the answer to all these problems.
Through our Finance and Accounting Business Process Outsourcing services we take over a client's financial accounting and reporting operations and manage them on an ongoing basis. We can help you to lower your finance and accounting overheads by managing outsourced transactional activities.
Our professionals specializing in banking services serve as guides to our clients and help them control costs.
Our insurance processing services provide solution and support to the insurance sector right from acquisition of new business to claims processing. We help our clients seize opportunities in the changing market scenario. Our insurance BPO services have helped our clients improve their business performance. We understand the importance of staying up-to-date. We administer a variety of insurance services.
We provide value added BPO services in the
following areas:
- Banking and Finance
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Loan Appraisal and
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Processing
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- Insurance
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Policy Appraisal and
Issuance
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Claim Settlement Processing
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- Corporate
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Payroll Processing
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Accounting and Taxation
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- Data Processing
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