The Philippines is known for its highly qualified workforce with a low-cost salaries, it has a large pool of qualified graduates that fill the need of overseas companies that outsource parts of their operations. The Filipinos also boast of good working habits, as one of the top destinations for companies looking for service providers in the business process outsourcing industry, the factors have helped the country earn a reputation. The Philippines has already the spearheaded in ranking and overtaken India as the top choice for the Business Process Outsourcing. The enormous achievement was also contributed by the equally prospering high-end services such as the web development, legal services, software development, animation, medical transcription and writing services.
It can provide a services to most types of outsourced operations with the country’s increasing annual graduates, which can include but it is not limited to all call centers, information technology and medical transcription services. The business process outsourcing industry in the Philippines continues to grow and become more competitive with the other like India, Mexico and China. Those companies that choose the Philippines as their Business Process Outsourcing provider have reached their savings goals without sacrificing the quality of their products or services. Most of the services that come from the Philippines have either maintained or improved the quality of the products and services .
A number of companies have also joined the race to become part of the business process outsourcing industry, many of the companies boast increases on cost savings. Most of the companies have chosen the Philippines as their destination over other countries. When outsource in the Philippines, they have seen the long term benefits of outsourcing. They have also the opportunity to become more flexible in order to respond well to any changes in the business industry.
Do you know why Philippines made the new trailblazer and the foreign companies number 1 choice in outsourcing services? This is all because of the Low Production and Maximized Profits, High-Quality Service and Production, Cost-Efficient Locations, Stable Power Supply and Solid Telecoms and Open and Business-Friendly Economy. That is the reason why Philippines is the number choice in outsourcing.
In Low Production Cost and Maximized Profit, because of the global financial crisis that triggered businesses, more of the companies were force and it is still continue to search for a low-cost places to set up their operations on outsourcing. One of the countries that have lower wage, communication, electricity and rental costs is the Philippines. IT has been highly benefited by the large move.
A high-quality services and production is one of the reason wherein production costs are low-priced in the eyes of foreign companies. This is for the skilled and knowledge graduates and workers of the country, salary and remuneration. Being the third largest English speaking nation in the world, the country also have a 75 percent fluency rate among its citizens. The United NNations recorded that the Philippines has 60 million fluent English speakers.
The second from last reason is that the cost-efficient locations, stable supply and solid telecoms, it is considered a thought-leader in the field of call center outsourcing. The government’s continues effort to establish an Information Technology enabled economy, the Philippines remain its intense in computer security and building a monitoring systems.
The last is the Open and Business friendly Economy, the top choice in the Business Process Outsourcing industry is the Philippines, the significant factor is that its Build Operate Transfer investment Scheme allows a 100% foreign ownership. The BOT or the Build-Operate Transfer is a type of concession involving finance, construction and maintenance of a facility.
The outsourcing is the way to have a better industry, it helps the country to have a quality work. Choosing Philippines as an outsourcing provider helped companies to improve their support operations.
REFERENCE:
http://www.outsource2ph.com/page/4/
.http://www.outsource-philippines.com/outsourcing-blog/philippines-top-choice-in-bpokpo-outsourcing/
http://www.outsource2ph.com/tag/philippine-outsourcing/
http://bpo.box.com.ph/
