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Business Process Outsourcing Industry in the Philippines: A brief history

Business Processing Outsourcing (BPO), the practice of contracting operations and responsibilities of a certain function to a third party vendor, has become a pivotal tool in the success and continued growth of multinational corporations and businesses. India and the Philippines were the major key players in the BPO industry. But in 2011, the Philippines beat India by a mile as the top BPO serv - Read More »

How offshore outsourcing can turn your time into money

Offshore outsourcing has answered the demand for a cost-saving strategy. But there is more to this business practice than just a means to significantly cut expenditures. It has become one of the major business tools most companies use to increase revenue and give them an edge over other competitors. At a minimal cost, offshore outsourcing has allowed client firms to focus on their core competen - Read More »

The Difference Between Outsourcing and Offshoring

The need to cut costs while maintaining quality and productivity has urged many firms to explore the following options: outsourcing and offshoring. While both terms have been used interchangeably in most of today’s business literatures, they technically refer to two different things. Outsourcing is the practice of contracting a non-core function or a project to a third party vendor whether - Read More »

Offshore Outsourcing: A powerful combination

In today’s cut-throat economy, offshore outsourcing is one of those solutions that have emerged to remedy the need to reduce expenditures and produce more in a limited amount of time. The combination of both strategies has allowed businesses and firms to: (1) take advantage of the low taxes and costs of factors of production in another country, particularly developing countries; (2) be able t - Read More »