Determining a financial agreement that works for both parties is critical for success though Information Technology outsourcing Philippines is growing rapidly. To approach outsourcing to the Philippines there is more than one way. There is three basic approaches, this includes pricing based, governance based and a hybrid model. This three basic approaches has an attributes that can be tailored to meet a variety of needs when outsourcing to the Philippines.
The first basic approach is the pricing based model, this is the simplest one to work with when it comes to outsourcing to the Philippines. To receive a fixed sum of money for the work completed, the outsourcing model can expect with a pricing based model. In this approach, for instance the outsourcing partner may be performing data entry. They might receive receive a payment of $0.0X. A very good choice if the outsourcing partner is performing a specific task and generating a specific result is the pricing based model.
Governance Base Model is the second basic approach which this is more complex to the pricing based model,this is appropriate when outsourcing to the Philippines involves multifaceted service. For an instance here is that the company choose to set up a call center in the Philippines, the agents will do more than simply complete one type of task. It is required to solve problems, providing feedback and address integral customer needs. The governance base model includes the management of relationships, finances and services. It is too hard to put a fixed price on the culmination of the unique elements. The governance based model takes into an account which services are co-managed by both partners.
The last basic approach is the hybrid model, this is appropriate for Information Technology Philippines projects that are complex and involve a wide range of different tasks and services. The governance based model to achieve a well-rounded approach in the outsourcing relationship, it is also a model combines aspects of the pricing model and the governance based model to achieve a well-rounded approach in the outsourcing relationship. When outsourcing to the Philippines, these different models give business a range of choice. Choosing a model will be a direct result of the Information Technology outsourcing Philippine strategy in place. The scope of the project at hand, delivery and milestone set forth, cash flow for either party, required skilled and expected outcomes is the factors that contribute to the decision. An excellent business solution is the outsourcing to the Philippines, over their endeavors overseas, these models give business owners an added sense of control and flexibility.
Outsourcing is the best way to have a good business status. This article is good to decide on a particular pricing model. Most of the large companies will still like to keep their costs fixed and predictable. Outsourcing is one of the best because of the benefits that people and business get and use. Everyone can outsource but of course you should plan first before you outsource and making a thing.
REFERENCE:
http://www.trybpo.com/3-it-outsourcing-philippines-models/model-based-pricing/
http://www.trybpo.com/3-it-outsourcing-philippines-models/model-based-pricing/
