English proficiency has long been a standard claim of the Philippines outsourcing industry, but there has never been an actual test for it until now. Pearson Talent Assessment recently released the results of its Versant English test, and the Philippines ranked first in the outsourcing field.
The financial services industry is experiencing a dramatic shift in how banks manage operational costs through strategic outsourcing. In 2025, the global financial services outsourcing market reached $181.56 billion, with projections to hit $300 billion by 2033—representing a compound annual growth
Secretarial services are becoming one of the things that offices are starting to outsource to providers, rather than have it in-house. The reality is that there are always going to be duties that need to be delegated and things that need to be organized, and these can sometimes prevent people
Press releases are a part of the marketing strategy of almost any modern business. It is an easy way to inform customers of events going on with the company that a customer would like to know. It can also help boost product or brand awareness, improving sales and the company’s
An increasing number of companies have begun to outsource back office and support functions to outsourcing firms, taking advantage of the reduction in operating expenses. These are the functions that are critical to the business, but are not directly related to its core function. These include payroll, accounting, and recruitment.
Newsletters and mailed catalogs were a common means of marketing prior to the Internet, and were an excellent way to inform potential customers of new products or deals. With the new age of communications technology, an email marketing campaign has become yet another tool in the arsenal of a business.
The choice to outsource is one that has multiple considerations before it can be made. There is the potential for easing financial pressure on a company to form or maintain a department that could be handled elsewhere. There is the chance to tap into other locations for expertise in an
Business process outsourcing has been around for more or less a decade now, and it has established itself as a cost-cutting, value-added practice for various companies. Offshore outsourcing companies primarily focus their offers on this, though there have been some that have decided to expand their services.
Business process outsourcing (BPO) is a business practice where companies outsource functions and services to a third-party company. It began as a practice of manufacturing companies to cut costs on transporting raw materials, but it has expanded to include customer service and technical support.
