4 things to check about outsourced accounting services
- Author David Writer
- Published April 29, 2010
- Word count 595
India is today a unified knowledge and technology hub. It has become a lure to big game hunters in the international business process outsourcing (BPO) industry.
Your foray into an outsourcing relationship among Indian firms can be secure and safe from the major risks that usually debilitate a company through cautionary planning, advance screening, fieldwork and with these following tips to target your trophy of a BPO service partner:
Target the small-to-medium-sized BPO providers that have long-term stability and expertise in the regional industry.
Large BPO service providers cater to a lot of corporate clients; you would want a service provider that can concentrate on your business interests. Large BPO service providers also have high rates of middle-management attrition and employee turnovers which can lead to delays and security risks.
Small-to- medium-sized BPO service providers are generally well-managed and it is advantageous regarding cost. Do not go after just any small BPO firm, particularly those new, "young" firms.
Seek out small-to- medium-sized BPO firms, firms which are selective with their clientele as you would be; firms with reputation and "age" in the industry, region wise. Such providers possess experienced human resources management and recruiting processes which can optimize employee selection from the local labor pool to secure the success of your operations.
A good catch is a medium-sized BPO service provider which has professional indemnity insurance in areas such as Errors and Omissions and CGL at levels comparable to large outsourcing companies catering to global corporations.
Target the BPO Service Providers with flexible and scalable services.
Achieve quality first, on a small scale, before scaling up and emphasizing quantity.
Seek out service providers that offer to perform pilot projects to determine market feasibility and the possible variables that can affect the outsourced operations. Using small-scale pilot projects to develop quality, your risk is significantly limited and simultaneously provides the opportunity to test your company's and the BPO provider's compatibility and capability.
The ideal BPO service provider should also be flexible to service any of your company's business requirements that can vary due to a dynamic consumer environment.
Target the BPO providers with industry-specific architectures and platforms.
What you're looking for are BPO service companies that invested in solid infrastructure with developed core competencies in process engineering and programming of professional management systems that allow you to track your operations, maintain constant communication and monitor employees' progress.
Also, open software architectures and platforms do not require the purchase and integration of conventional IT components such as business process workflows, imaging and other proprietary enterprise technologies.
This is advantageous for your company seeking greater returns from IT investments due to reduced cost, reduced risk and reduced time to market your product or service.
Target the BPO providers that employ management and adopt business culture, standards, practices and ideals of your country.
There are BPO service providers that have qualified managers on-site to provide integrated training and implement your workplace standards and client-oriented programs.
These managers are usually long-term residents in the region and this earns them the experience and knowledge with dealing with the local work practices and expectations, thus bridging over any cultural gaps that hinder can the progress of your operations.
It is a jungle out there in the Asia-Pacific with young BPOs rearing with their attractive business packages and promises to challenge the pack leaders who are protective of their business territory.
Guided by the 4 aforementioned qualities of a top BPO service provider, you won't fall prey to the runt of the business outsourcing litter but land your company the prize of the pack.
Take a look at Hired Brains for instance, or read further http://hiredbrains.net/offshore-accounting-data-entry/
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- 5 Essential Tips for Finding Accountants in London
- Event Trends in Dubai for 2025: What’s Hot This Season?
- Beyond Linear Thinking: Using Analytical Meditation for Problem-Solving
- Analytical Meditation at the Threshold: Using the Hypnagogic State for Creative Problem-Solving
- Master Certified Life Coach Helping You Transform Your Reality
- How a Brand and Marketing Specialist Can Transform Your Entrepreneurial Presence?
- Effective Leadership Styles for Every Industry
- Essential Tips for Engineering Procurement Teams in Australia for Offshore Fabrication in Thailand
- Why Small Business Owners Need High-Security Safes
- Recruitment for Gen Z: Gamification to Attract Top Talent!
- Building a Visionary Organization for Future Success
- More With Less: Focusing on Development
- AI Technology Can Deliver Advances in Training Effectiveness
- How Small Strata Gets Big Impact With Great Satisfaction
- The "Incoming" Continues
- Small Business Owner’s Mindset & Merchant Mentality
- The Importance of Background Checks in the Hiring Process
- Social Media Marketing Check Up for Small Business
- Taking the First Step Toward Financial Freedom: Why Credit Repair
- Small Business Management Check – In
- Top New Year Trends for Contact Centers
- Key Small Business Leadership Trends for 2025
- Transforming Leaders Through Leadership Insights
- Small Business Year End Wrap Up
- A Complete Suite of Entry Level Training Programs
- Driving Performance with These Three SMB Priorities
- Training Trends for Small Business: 2025
- Making Decisions with Purpose: A Friendly Guide
- Leveraging Job Marketplaces to Hire Managed Service Experts
- Buying a Ready-Made Company in Estonia: Your Effortless Business Setup