In today’s business scenario more and more business enterprises are opting for global outsourcing from low-cost countries to cut down on cost and operational overheads. However, the rising fuel prices and long distance freight charges continue to pose serious challenges for the logistics industry. The global flow of goods requires multiple contact points like carriers, […]
Revenue cycle management (RCM) is critical to the success and financial viability of any business. The basic idea of RCM is to identify and fix revenue loss, manage both the short term and long term operations to ensure a steady cash flow and to set benchmarks in business achievements.
Here are the seven best practices in […]
Setting appointments to meet your business clients is crucial in marketing. By taking appointment the sales personnel can be better prepared to respond to the concerns and queries of the prospective clients. Scheduled business calls have better conversion rates than cold calls as it enables you to highlight your corporate culture and identity. Optimizing B2B […]
Accounts reconciliation services will keep the banking and financial accounts in order. It is the process of comparing monthly financial transactions of your company with the monthly bank statements. Reconciliation will help to identify and explain the discrepancies between the entries in your accounting system and the corresponding transactions in your bank or credit card […]
Happy employees are the biggest assets of any organization, however, retaining the workforce could be easier said than done at times. Attrition drains out quality manpower and may incur recurring expenses of hiring and training for organizations. Attrition management in BPO has a crucial role in retaining an employee in a company.
Here Are Some Of The […]
The insurance industry is going through a challenging phase because of the changing market conditions, tough regulatory norms, and cutthroat competition. To maintain a competitive pricing model that will attract more customers, insurance companies have been utilizing the potential of business outsourcing companies.
Apart from reducing the operational expenditures, outsourcing will help to streamline back office […]
The blockchain is a highly secured ledger of digital transactions that are stored on multiple computers in either a public or private network. Once the data is collected and entered into the database, it will undergo processing from there. Considered absolutely safe and tamper proof, it will allow access for the users without compromising the […]
Optical Character Recognition (OCR) can be employed in automating your document-intensive processes and workflows to optimize productivity and enhance interaction. Digital documentation using OCR will reduce the risks of errors and will easily assimilate information in a very fast manner.
How Does OCR Work?
OCR works by converting the scanned printed text documents into editable and searchable […]
Edge analytics holds the key to the future of data entry services because the current cloud computing capacity may not be sufficient to tackle the humungous amount of generated then. By the end of 2020, it is estimated that there will be there will be more than 20 billion connected devices across the globe, which […]
Outsourcing has become a time-tested way for entrepreneurs to achieve their business goals for less money. It helps you to save money and time and above all to optimize your in-house resources to handle the core business operations while the external service providers deal with the less important redundant tasks. The best way to find […]