Business Outsourcing Services Blog
by International Commerce Alliance

Compared to the larger companies, small and medium business gain a lot by outsourcing their tasks. For SME’s it is not only about reducing costs but also leveraging the outsourcers expertise to gain advantage in the marketplace.

SME’s however might face challenges when trying to find outsourcing companies willing to work with them on their IT and other business needs. The large outsourcing companies typically tend to work with larger clients.

So the best way to approach this situation is to approach smaller outsourcing companies that are similar in size to yours so that they can work effectively with you.

By International Commerce Alliance, a data entry, book keeping and outsourcing solutions company for the small and medium size business.

Everest Research Institute’s finance and accounting outsourcing report mentions that the outsourcing trend in this sector continues.

In addition a large percentage of the finance and accounting contracts include offshore components. Europe is increasingly playing in this area as well as they start to realize the savings through offshore operations.

By International Commerce Alliance, a data entry, book keeping and outsourcing solutions company.

The Ottawa Business journal published an article that more Canadian companies are outsourcing business processes and not just information technology projects.

As more companies start to realize the value of outsourcing other business activities other than outsourcing the IT work this trend will probably accelarate and catch up to US levels.

The companies not only get the advantages of utilizing services that are not core to their business, but they also get the expertise from the outsourcing company who has been doing the same or similar service for other companies. This can tremendously benefit the businesses in terms of operational efficiency and quickness.

By International Commerce Alliance, a data entry, book keeping and outsourcing solutions company.

SKyvalue airlines, a leisure start up company mentions that they will outsource their planes, flight crew and reservations center.

This would be an interesting case of extreme outsourcing where everything other than management is outsourced.

It would also be interesting to see how they fare in the market and if this outsourcing model will work to the benefit of the traveller.

By International Commerce Alliance, a data entry services, book keeping and outsourcing solutions company.

Contra Costa (Calif.) Times in their paper mention that an outsourcing company with operations in India will take over their ad production work.

The Columbus Dispatch (Ohio) also mentioned that it would turn over production to a firm that uses Indian staff to process their advertising.

The outsourcing trend is catching along with other areas other than IT as companies realize the quality and the work that can be done offshore for different areas.

By International Commerce Alliance, a data entry services, book keeping and outsourcing solutions company.

Steve Ballmer in a lecture speech in India mentioned that outsourcing is good for the U.S. economy and is here to stay.

He also notes that immigration hurdles cause a problem in finding the right talent in the U.S. Also that a third of engineering graduates in the world are from India and that is a pool that had to be tapped.

Coming from a software giant obviously this has implications on how outsourcing is perceived among the top companies and how it can benefit the economy.

By International Commerce Alliance, a data entry outsourcing services and book keeping company

Hackett group, a strategic advisory group mentiones that Fortune 500 companies could potentially save $58 billion or $116 million per company by outsourcing. The company also notes that these jobs are in the general and administrative area. The skill level of the staff, the quality and labor cost savings could drive this trend.

The company also notes that the cost savings could be as much as 70% in some areas.

Our services are targeted towards small and medium size companies where we can provide the same cost benefits the Fortune 500 companies enjoy. We have done this successfully with businesses in the US, Canada and the UK.

By International Commerce Alliance, a data entry outsourcing services and book keeping company.

Can businesses perform well without outsourcing?

Outsourcing can also be called as sub-contracting. Whether the business sends a part of their work to another company down the street or across the ocean it is still outsourcing.

Advantage

A business can attempt to do all the tasks of running a business on its own. Some of the day to day operational tasks that a business have to do is accounting, HR, repetitive less income generating tasks. Companies can decide to use other companies or “outsource” such tasks to other companies who do this on a daily basis.

This way the businesses get the advantage of using a company that has the domain expertise and can do it more efficiently then they can do it on their own. Other reasons could be for cost savings. Cost savings could be in the range of 50% along with quality improvements which could be a real benefit for going offshore.

Especially in the manufacturing area staff with the requisite knowledge might be hard to find. In these cases offshore outsourcing could be the only option.

Disadvantage

In certain industries the company would decide to not to outsource any of their tasks due to government or legal contracts. Some don’t want to outsource for fear of losing their intellectual property or for quality control reason.

So outsourcing solely depends on the business situation the company is and what they want to do.

By International Commerce Alliance, a data entry services, book keeping and outsourcing company

Meta Data is like a table of contents for a specific piece of information. Metadata tells us about the piece of information that is published. With the vast amount of information that is currently available at the Internet this metadata becomes even more important to search and find the relavant content.

Our data entry services provide indexing of digitized information so that a piece of information about the content is indexed so that it is easier to find the content when searching for it.

An example of such a use case would be to index legal documents based on who sent the information what is in the paper such as an email, financial statement etc. By indexing this information the lawyers can find the specific piece of paper they need when they are preparing for a case in the court.

By International Commerce Alliance, an online data entry services and book keeping company.

The Global City Competitiveness report mentions that several Indian cities such as Bangalore, Delhi, Mumbai, Pune are top spots for outsourcing.

The growth allows India to have a large labor pool of trained labor force who are trained in how the international businesses operate. This in itself provides a competitive advantage over other countries.

By International Commerce Alliance, a offshore data entry services and book keeping company.