The future of the outsourcing industry remains bright after wrapping up 2021. While the last year was another strange year given the ongoing concerns over COVID-19, it also saw areas of tremendous growth, opportunities to explore new operating models, and lots of encouraging adaptation. Despite the need to balance safety and client needs, there was still plenty of room for providers to thrive. As another new year begins, many outsourcing businesses are excited for continued growth in 2022.

In today’s competitive world, every company has to be more dynamic, and we all know that any company's baseline of success is its Human resource. For this reason, a company needs to conduct its human resource functions up to the mark. In this situation, Human Resources Outsourcing is the best solution for comparatively small and sometimes mid-size companies.

Outsourcing can be a tricky business practice to get right. With different countries’ changing regulations and industry-specific requirements, it can be challenging to know where to begin! Fortunately, there are tons of outsourcing articles that can help you understand the ins and outs of outsourcing. But how do you find the right ones? No worries, we’ve compiled a comprehensive list of some of the best outsourcing articles on the internet.

The latest outsourcing statistics from 2021 reveal interesting trends in business practices and why several companies invest in third-party services. So, what’s the outlook for outsourcing in 2022? Let’s take an in-depth look at 20 crucial outsourcing stats 2021 and three FAQs that provide a market overview of the outsourcing industry.

As a business leader, studying the current outsourcing trends will help you navigate the outsourcing terrain and adapt to the new normal of the post-pandemic world. The outsourcing trends 2021 reflect the changes the pandemic brought to the outsourcing market this year. It suggests that businesses will need to look for providers with quality services, aim for high flexibility, and leverage updated technology while outsourcing in 2022.

Whether you’re a budding startup or an established business, contracting work to a third party in some of the top countries for outsourcing, like India and the Philippines, offers a ton of benefits. It can help you save costs, hire from a skilled talent pool, complete projects quickly, access flexible staffing, and more. In this article, we’ll explore the eight top countries for outsourcing your business activities.

In recent years, offshore BPO has expanded from offering manufacturing services to embracing almost all types of business operations. With several benefits ranging from lower costs to access to skilled labor, offshore BPOs can help companies grow quickly. But what exactly is an offshore BPO? In this article, we’ll explore offshore BPOs and processes that often get outsourced. We’ll also look into the pros and cons that an offshore BPO company can offer your business.

Today, several insurance companies face challenges like strict regulations and economic instability, along with the COVID-19 impact. To remain competitive, they may consider insurance business process outsourcing. Insurance business process outsourcing is the contracting of certain business processes to an outsourcing company.

Customer service outsourcing is an appealing idea. Farming out your customer care to an outsourced agent can cut overheads significantly, saving you money, resources, and often, a great deal of stress. But it’s definitely not a one-size-fits-all solution, and there are no magic outsourcing beans you can use to make the process easier. That’s why you need to weigh your options carefully, especially when an external company could be directly interacting with your customers.

Outsourcing is a cost-effective way of handing over specific business processes to a third-party company. But it’s not without its risks. You should have a comprehensive outsourcing agreement with the service provider to minimize these risks, detailing everything from payments and data protection to milestones and penalties. In this article, we’ll explore what an outsourcing agreement is, three types of outsourcing agreements, and 15 components you must include in your contract.