Category

Business Process Outsourcing

Outsourcing Disadvantage Myth: Loss of Managerial Control Due to Outsourcing

By | Business Process Outsourcing, Business Trends | No Comments

A common concern for many businesses that are deciding to outsource is the fear of losing control of their business process. Quite often we hear of businesses that have had negative past experiences of offshore outsourcing which ended up becoming more of an outsourcing disadvantage than a cost-effective solution. So how do some businesses find success while others suffer the consequences? One of the best practices for successful outsourcing is to clearly define your process, keep an open line of communication, and have proper documentation of work. Read More

How Do Businesses use Robotic Process Automation Services to Boost Operations?

By | Business Process Outsourcing, Business Trends | No Comments

With the correct blend of skilled technical people, Machine Learning, and AI technologies, leading businesses are rapidly transforming their back-office operations. Enter robotic process automation services where software is being used along with artificial intelligence (AI) tools and machine learning capabilities to handle high-volume repeatable tasks that previously may have been purely manual effort driven. Read More

How Does Accounts Payable Automation Improve Invoice Processing?

By | Business Process Outsourcing, Document Processing | No Comments

One of the biggest challenges of invoice processing is the time consuming in-house process which requires multiple users to enter data into various document management and software systems. Invoices need to be received, reviewed, and approved before payments can be made making turnaround time and accuracy very important. So how does outsourcing accounts payable automation services improve your business? Read More

Programming Efficiency: Machine Learning Data Extraction

By | Business Process Outsourcing, Data Entry Services, Document Processing | No Comments

With advancements in technology and the big data trend, machine learning has become more and more popular in the business world. Machine learning utilizes data mining principles and makes correlations to learn and apply new algorithms for higher accuracy. Quite often, this type of artificial intelligence is used for data extraction purposes in order to collect and organize large sets of data quickly and more efficiently. Read More

Guide to Choosing a Type of BPO: Business Process as a Service

By | Business Process Outsourcing, Business Trends | No Comments

One of the most common questions any business comes across is: when should you outsource? While your business is growing, certain in-house tasks become difficult to keep efficient such as data entry or document processing. With tight budgets and deadlines, businesses start looking towards a BPO as a strategic move towards increasing productivity and reducing costs. Read More

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