In the world, the business process outsourcing services is one of the trend now and the Philippines is the destination choice for BPO or the Business Process Outsourcing. It is considered that the Business Process Outsourcing is one of the fastest growing business sector in the world as well as in the Philippines. The country has a positive destination for companies that are looking to outsource their business and knowledge that is based processes for a several reasons.
People acknowledge the fact that a lot of changes that occurred in the past several years. The global economy continually grows and matured a business expand and competition increase. The business process outsourcing in the Philippines grown faster. The Philippines is becoming the regional and a hub for shared corporate backroom operations. This is especially for the financial services like accounting and bookkeeping, account maintenance, account receivable collection, account payable administration, payroll processing, assets management, management consulting, financial and auditing, inventory control and purchasing, financial reporting, expense and revenue reporting, tax reporting and other finance related services such as the financial leasing, factoring and stock brokering, credit card administration and as well as for the logistics management and the cargo shipment management.
The call centers in the Philippines is a plain providers of email response and managing services. The industrial capabilities for most of all types of the customer relations, ranging from travel services, technical support, education, customer care, financial services and the online business to a customer support, online business to business support. The Philippine Outsourcing is considered as the location of choice due to its less expensive operational and labor costs.
It is said also that Philippines is the next outsourcing capital in the world. The outsourcing is no longer a new term in the Philippines but it is also the international business. Among the countries around the world, the outsourcing Philippines services are gaining a popularity and it is becoming a worldwide option because of the expertise and resources in the Philippines to accommodate business process Outsourcing or BPO.
The outsourcing Philippines refers to a company, local or internationally based, contracts an outsourcing company that is based in the Philippines to handle certain business process of the inquiring company. The Philippine government is also contributing to the business of outsourcing Philippines. The government is helping boost to the country’s outsourcing industry by promoting the country’s as the top outsourcing destination in the Asia Pacific region.
The outsourcing helps the economy in all the countries and it helps also the industry. This is the best in all the strategy. Our company continue to outsource because we know that this will help us to have a better knowledge and development as well.
Even though of the looming economic slsowdown across Asia Pacific, International Data Corporation or IDC said that the Information Technology services market would remain healthy. The Information Technology services market would grow to US $49.4 billion by 2009.
The IDC’s optimistic forecast was brought primarily by continued demand for managed services and outsourcing.
The cost management is a key focus for the organiztion in the Asia Pacific region. The region’s stronger resistance to the global slowdown that is being helped by double digit growth of the Information Technology services in the developing markets, especially in India and China. The Philippines, Thailand and Vietnam are contibuting to the growth.
The overall growth of Information Technology services for 2009 in the Asia Pacific is at 9.6 percent compared to the earlier forecast of 11.2 percent in 2007. In the Information Technology services market in 2008-2009, the revised forecast indicates growth of US $2 billion for the Information Technology services market in 2008-2009.
For the Asia Pacific Information services market between 2008 and 2012 the IDC forecasted lower growth of US $6.5 billion. The Asia Pacific Information Technology services would hold up to the challenging economic conditions based on the IDC Associate Research Director for Asia/Pacific Information Technology services market. In the previous IDC economic impact poll. About the 12 percent of 400 organizations surveyed said that they would increase spending on managed or outsourced service in 2009.
To be viewed from a number of perspectives, the impact on the services. There is a point in here, the opportunities will be created. It highlight opportunities that exist in the service space in 2009. The vendors need to be proactive in pursuing it. The IDC Expects that the impact of the crisis on Information Technology services to alter across the various services lines, countries and verticals. They also expects that the opportunities to arise in the managed services space as organizations move assets off their books.
The outsourcing helps to improve the economy, it has many benefits wherein it helps people to find solution in their problems even in the business. In outsourcing there so many things that will improve, things that needs an improvement. Our company believes that the outsourcing is a big help to all, in research, development, payroll and many more.
Philippines is one of the hottest destination when you speak in outsourcing. The Philippines outsourcing industry will grow strongly over the next five yearseven though, global economic concerns and threats to its call center sector. Business Processing Association of the Philippines chief Alfred Ayala said that the industry was is expecting to continue its rise from nothing ten years to presently the world’s number two player behind India with 600, 000 workers.
Ayala told the reporter that outsourcing may slow down, however it is still going to be double-digit growth. The industry expects outsourcing revenues to grow at least 15 percent each year to $20 billion by 2016. IT would employ 900,000 workers.
The Philippines, accounted for 6-7 percent of the global market for all outsourcing business services. India is secon only in their 51% share. From call centers to accounting, health care, legal work and information Technology, the business outsourcing covers a wide range olf services.
Last year, the Philippines in the call sector center alone overtook India to have the world’s biggest industry in terms of the revenues and workers, iwidely on the back of catering to the United States and other English speaking countries.
In the conference, the foreign experts said that it would eventually decline with computer software replacing humans in such things as attending to customer complains ove the merchandise. The senior executive director for the business processing association, Gillan Joyce Virata said that the call centers still accounted for about 65 percent of the overall outsourcing business in the Philippines. The trend will continue for non-voice to grow at a faster rate.
The outsourcing sector now is one of the Philippines gross domestic product. The outsourcing helps the economy growth. It helps to find solution in every problem that the business or company faces. IT has a big impact in the industry wherein most of the people now in the world outsource inside and outside the company and country. Our company has a best performance because with the help of outsourcing evenrything is possible.
Companies of all sizes and in a wide range of industries are looking to cut costs when it comes to a security measures. It might seem like a novel concept but the security outsourcing is on the rise. One of the ways to accomplish the task is by simply outsourcing to the Philippines. But first what is exactly is security outsourcing? This is essentially means hiring an outside company to handle all the aspects of the data security for people own organization. There are also a host of negative connotations that need to be considered before making this type of decision. There is a prons and cons of security outsourcing to the Philippines.
This are the Pros of security Outsourcing:
* The cost is the security outsourcing to the Philippines, this is definitely a cost-effective measure. To keep a full-time staff member for a traction of what it costs to keep a full-time staff member that is specifically for the data security in house. In the Philippines, a large organization can send their functions offshore to be handled. The fast and easy way to reduce overhead by shrinking the size of your workforce, with the current state of the economy.
* The management is the security outsourcing to the Philippines that makes managing complex data that is much simpler task. The Philippines as the qualified outsourcing partners can generate a myriad of custom reports and deliver any format request of the client.
This are the Cons of security Outsourcing
* The risk is one of the cons of security outsourcing, this is significant risk associated with giving an outside party access to the company’s data. Philippines security outsourcing can be risky when you consider the number of additional people that will hav e access to a private information and records.
* One of the cons also is the Hands-on, the outsourcing is intended to take a process and make it very hands-off for the onshore company. The Philippines’ outsourcing makes it necessary for the company to take a very hands-on approach to the relationship. It is a stressful and unnecessary measure.
The companies decide to an individual basis after a carefully weighing pros and cons. The outsourcing helps the economy, this is the fastest growing in the industry. Our company knows and believes that outsourcing will be the biggest help in all the problems in the country because it always find solution in every thing and in any situation.
The Philippines Information Technology and Business Process Outsourcing sector or IT-BPO, it sustained by strong fundamentals that will able to surpass the bleak economic outlook affecting the globe experts. President Alfredo Ayala, the President of the Business Processing Association of the Philippines said that the reporters on the industry will post a similar experience of a slowdown like in 2008. It will still post a double-digit growth.
In 2009, the global economic downturn suppressed the industry’s economic growth to 18 percent. In 2012, the Washington-based lender recently changed its forecast for the year and 5.4 percent for 2012. The industry will be able to post around US$25 billion in revenues by the year of 2016, if the government comes in to a growth.
The Philippines in terms of synergies and exchange of ideas, the positive outlook is also shared by other counties that are looking toa partner with. President Martin Noel Conboy of the Australian Business Process Outsourcing Association stated that the country was used to be the best, by investing a site secret in Asia. It is the rock of the Business Process Outsourcing industry globally. The country has to go beyond the voice segment of the industry to keep pace with the changing times.
The voice segment is now only 70 percent of the whole Business Process Outsourcing Industry. For an instance, a call center have even moved up to a higher-end, a non-voice-based services which is require more of the technical knowledge and a problem-solving capabilities. The voice segment still posted a 20 percent revenue and that is last year. There are sub-sectors wherein the foreign countries could partner with the Philippines. This includes animation and online gaming.
The Business Processing Association of the Philippines was working on the key initiatives that is aiming a strength that supply-side. The industry should be able to keep up with the growing demand for a quality workers is the $25 billion revenue goal by the year of 2016 achieved. The companies was able to get only 5 quality workers from around 100 applicants. Per year, the industry needs around 80,000 new hires.
Ayala said that, they have to increase the volume and quality. They could market more to non-fresh graduates and career switchers. They need to do a better job. The industry was looking into an academic curriculum’s,combing with the professional training, this is to fill-up the supply-side of the equation. By investing in the skills they have and making them more employable it includes tapping the so-called near hires. The Business Processing Association of the Philippines was pushing for a global competitiveness assessment test. This is to analyze the skills and the capabilities of the students or applicants. The Department of Science and Technology with a private firm for the creation of a modules-based software is also working that can be used by anyone interested in joining the Information Technology-Business Process Outsourcing sector.
There are many advantages that outsourcing have. This is a big help to all the countries who wants to have a development in their society. It has a way for you to have a progress that is why most of the companies now wants to outsource.
Philippines is one of the most demanding when it comes in outsourcing. The offshoring Inc. is an American owned and managed staff leasing firm that is based in the Philippines. It offers wide pool of competent professionals that is ready to meet the international demand for outsourced services., The Offshore Inc. helps clients to reduce the operating costs while maintaining control over the process of searching and training for the operating for the best staff. The company develop seek only the highly efficient, well-trained, and experienced professionals among the labor force and it also maintains the industry to be a leader in hiring because its recruitment teams unyielding qualification tests.
The promises of the Philippine Outsourcing call center services are lower cost, high quality, better productivity services that the Philippine Outsourcing call center had proposed. It is now recognized that one of the best locations for the outsourcing business even competing with India.
The call centers are part of the Business Process Outsourcing Industry. This is the most prominent economic busters of today. The BPO or the Business Process Outsourcing industry in the Philippines is making an innovations in order to make the country more competent from other nations. This is mainly a cutting costs and it focuses on a core competencies that make the Business Process Outsourcing stands out in the world market.
It is extensively reviewed with the background checks and constant supervision in all the potential staff. The offshoring Inc. puts in topmost priority in their clients’ intellectual property and trade secrets and it also providing US-based confidentially and a non-compete agreements. It is also used as a state of the art hardware and facilities to effectively accommodate the needs of its employees and assist them in performing to the best of their ability.
To help the business eliminate routine tasks and focus is the Offshore Inc. goal instead of strategic core business undertakings that contribute a directly to the ultimate success of the business. Offshoring brings a better profit margins that allows businesses to be a high achieve remarkable economic and executive class gains with a significant cost benefits and efficient management of the without having to sacrifice a high quality output.
The outsourcing is the fastest growing in the industry wherein it helps people to earn lots of money and business to have a best development. It is the most trend now because it is a cost effective. Our company wants to have a better solution to our company so that we choose outsourcing to provide a better research for the people.
The Philippines is not yet move on because of the problems that brought by the typhoon Pedring, then there was another typhoon that hit the Philippine Area of Responsibilty and that typhoon is Typhoon Quiel or the international name “Nalgae”. The PAGASA or the Philippine Atmospheric Geophysical Astonomical Service Administration report the details of the tropical storm Quiel. The location of Center as of 10am is 1,150 kilometers East of Aparri Cagayan, the strength is about the maximum sustained winds of 110 kilometers per hour near the center of the gustiness of up to 140 kilometers per hour. The movement in the west at 13 kilometers per hour. In Friday morning, it has been 870 kilometer East of Apari Cagayan, in the Saturday morning, 560 kilometers East of Apari Cagayan then in Sunday morning it was almost 260 kilometers East of Apari Cagayan. The province of Isabela was hit again by the another typhoon. The typhoon Quiel has a strong winds about 195 kilometer per hour, that caused damages and some of the trees uprooted. The strong rains cause about zero visibility in the major highways. If you are comparing the Typhoon Pedring and the Typhoon Quiel, typhoon Pedring apprise more winds than the rains that landfall in the Aurora Province while the typhoon Quiel brought at the same time a strong winds and a strong rains in the province of Isabela. The typhoon Quiel, according to the Bureau, the rainfall was visualize to be 15 millimeters per hour within the storms of 400 kilometer diameter. The typhoon Quiel destroy many business especially the agriculture. The typhoon left many damages especially the rice crops. Base to the Agriculture Central Action Center, the rice crops sustained the biggest damage. The damage to the rice was hit about 857.45 million after the 80,178 metric tons. These are the most affected rice producing regions, the Region 2 that has the biggest less about P556.96 million then in the Region 5, the amount is about P556.96 million. In the Cordillera Autonomous Region, it is about P99.07 million Region. In the Region 1, it is about P89.19 million and in Region 4 was about P3.95 million. The typhoon Quiel causes one killed and one injured. The people along the places that will affect and destroy or the places which was in the State of Calamity recommended to evacuate. The government make an action to the things that happened brought by the two typhoons. The typhoon Quiel brought big damages and it also destroy the province of Isabela, they also help until now the victims of the flood and landslide by helping them in giving a relief goods.
The government also each of the people should help every people who suffered from typhoon. The victims of the typhoons need food and clothing. In a small and big way of giving help is very important to all the victims.
The Philippine was hit last week September 20, 2011, Tuesday by the typhoon named “Pedring” or the international name “Nesat“. Pedring cause about 15 metro road accidents. Typhoon Pedring is very strong, it brought heavy rains and strong air. The PAGASA or the Philippine Atmospheric Geophysical and Astronomical Service Administration, typhoon “Pedring” spotted about 100 kilometers east of Baguio City. The PAGASA were announced the stormed alert in different provinces as of Tuesday September 20, 2011 at 11 am. The signal no. 3 was about 100-185 kph winds, the places was Ilocos Sur, Abra, Kalinga, Mt. Province, Ifugao, Benguet, La Union, Nueva Vizcaya and Pangasinan. The signal no. 2 was about 60-100 kph winds was in the place of Apayao, Cagayan, Isabela, Quirino, Nueva Ecija, Aurora, Zambales, Pampanga, Tarlac, Bulacan, Bataan and in Metro Manila while the signal no. 1 was about 45-60 kph winds, the places that was also a storm alerts was in the Babuyan and Calayan Group of Islands, Northern Quezon in including the Polilio Island, Rizal, Laguna, Batangas, Lubang Island and in the Cavite. The typhoon Pedring affects 34 domestic flights last Monday, September 26, 2011 sue to the severe weather brought by the typhoon. There were many accidents because of the typhoon, the accidents were cause because of the slippery roads and near-zero appearance it is due to the strong rains. The government work and classeswas suspended. Typhoon “Pedring” hits the land and it causes one dead and four missing. The NDRRMC or the National Disaster Risk Reduction and Management Council reported that the one year old baby boy falling off a creek going to the Bato River. They also said that there were 100,000 people in Albay province that was ordered to move in safer areas. The missing person in the Quezon City was about three persons and one person in the Aurora province. There was also a 33 fisherman missing that was rescued in the Camarines Sur and Camarines Norte. The typhoon “Pedring” produce flooding and landslide, The typhoon left many problems in the Philippines. There were many places and people that was suffered in flood because of the heavy rain cause by the Typhoon “Pedring”. The trees, houses, electricity, vehicles, agricultural business and many more are destroyed by the typhoon. People becomes too scared because they remember the cause and problems that typhoon Ondoy brought to the country. Many people suffered, Last Wednesday September 28, 2011 the typhoon “Pedring” maintains to move away in the Philippine area of Responsibility. People who is not a victim of the typhoon should help. There so many victims of the typhoon because it destroy many things. People can help by giving can goods, clothing and people can donate money even if it is a small and big amount.
Businesses are faced with the increasing levels of global competition and challenging customers and employees. With outsourcing and even more so with offshoring, cost competitiveness and time-to-market have become directly linked. Many of the companies have embraced business process outsourcing by becoming fast, flexible, and integrative, focusing on customers, competition, teams, time and process management.
The Philippines Business Process Outsourcing is not simply a new business operations strategy. It emphasizes process as well as hierarchies with a special emphasis on outcomes, especially the customer satisfaction. It has also given rise to yet another wave in a global outsourcing which is KPO or Knowledge Process Outsourcing. Although the KPO owes its existence to Business Process Outsourcing, this is a completely different entity. The Business Process Outsourcing industry usually attracts a low and work. It includes the employee payroll, technical support, employee payroll, voice calling and other back end support.
Most of the Business Process Outsourcing requires firms to acquire simpler operational model. The workers are only required to gain process expertise perform their tasks. While the KPO industry involves outsourcing of high end knowledge work. This are the research work on intellectual property, equity research, legal support, market research, financial analysis and business research data analysis. To have expertise like analytical skills, legal skill set, business or domain knowledge , legal skill set, drafting and the technical know-how along with knowledge of processes.
All these service are providing a comparatively higher-skilled workforce such as MBAs, Doctors, Lawyers, Engineers and other professionals that having expertise in specific domain. The growing client in Knowledge Process Outsourcing, the sector is viable, vibrant and likely to grow. By the ITO and BPO industries, this is also faces challenges which are in some ways similar to those faced. The KPO continue to hold client attention and it will gain through a steady grown rate.
The outsourcing is helping the industry to become always the best in all. Outsourcing is a way to have good progress in a company. Company or business who want to have a best performance in a society, one of the solution is outsourcing. The outsourcing is one of the fastest growing in the industry. It is the expert process providers to supply and regulate a segment of business process and functions. MOst of the people outsource because if the benefits that outsourcing give.
In the Philippines a dedicated regional website supporting business owners and freelancers, the online outsourcing marketpalce giant Freelancer.com launched recently Freelancer.ph. The Chief Executive of Freelancer.com, Matt Barrie is compelling about the success of small and medium scale enterprises in a light of increasing globalization and the rapid adoption of the internet in the country. One of the best solution for Filipino entrepreneurs is tapping into a global online jobs marketplace base on the award-winning entrepreneur, technologist and lecturer.
In the Asia Pacific, the Philippines has the third biggest Internet penetration, in 2010 it has been growing exponentially, increasing from eight million users online in 2009 to 30 million. The social networking penetration is one of the highest in the world, it is also said that it is about 25 million of the online users have a Facebook accounts. For the Filipino entrepreneurs, the Internet offers a huge potential. The fifth largest population on Freelancer.com is the Filipinos and the third freelancer community and it remains to grow at a tremendous rate. Even though people have an idea to start a business and need to hire someone to help turn into reality. If you are an entrepreneur wanting to start a service business working as a freelancer online, there is a big opportunity.
Over 2.7 million verified professionals worldwide, the SMEs in the Philippines can now connect, this is to get a variety of jobs done that do not require fulltime employment. A freelancers from 400 various industries can be hired starting at P1,200 and an average of around P8,000. BY working as freelancers or building service providing companies, the online marketplace can also help Filipinos to find alternative sources of income beyond their day jobs. In Freelancer.com, the top freelancers are making around $1 million a year and already around 1.1 million jobs have been provided through the site to freelancers globally.
The outsourcing has a big impact in the economy and also in industry. This is because of the services that can offer to clients. People canget lots of benefits in outsourcing and people can earn lots of money by outsourcing. Businesses can develop faster if they will use the outsourcing way. People should not look only in the bad side, in outsourcing people can easily save costs, save the company, save most people’s jobs, keep prices and offer a great service by relocating some jobs to other, less expensive parts of the people’s jobs, keep prices down and offer a great services.
For outsourcing in some of the poorest nations, a highly skilled people are available. People can really do need a support and invest an outsourcing brings. Outsourcing can develop into a new markets for a new business which is good for everyone. In outsourcing also people can create many others as a new money flows into the national economy and it can spent on a local goods and services. If people outsource, the future will be better for all, apart from a few who are deeply regret, it will lose their jobs for the sake of those who remain.
