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Information Technology or IT companies are among […]
Images | Pixabay
Online fraud has been increasing in numbers and continues to double as more credit cards produce. In the US alone, online fraud is expected to knock at $19 billion by 2018, 55% higher than that recorded last 2005 (Javelin Strategy & Research, Pleasanton, California). In the next 12 months, online fraud will be expected to increase by more than 51%.
These fraudsters move their operations online by stealing products to stores then moving to e-commerce. People who engage themselves to online fraud buy card numbers to hackers and then use these card numbers to purchase products online.
Smaller companies have the bigger […]
Outsourcing becomes vital in business nowadays so the decisions to outsource is a strategic one. It can make your operations more efficient and your business more profitable at the same time. If you are still having second thoughts on whether to move forward with this solution or not, consider if any of the following situations apply to your business. If so, outsourcing could be a viable option for your company.
There are functions that waste valuable resources
Routine tasks such as data entry, payroll and accounting and some HR functions are considered as non-core tasks that consume valuable time and energy. They also take your employees’ attention away from doing income-generating functions, which hinder your company from becoming more competitive.
Unless these are the primary services your business is offering, it makes perfect sense to assign them to an outsourcing company. Doing so will allow you to allocate your resources on more important functions and let you do what you do well. […]
In a recent post from Business Mirror, it has been said the Philippines still offers big potential for the BPO industry. In fact, the Bangko Sentral ng Pilipinas said the BPO sector in the country made a total of $13.3 billion in export earnings last year, which was 15 percent higher than in 2012. For this year, the sector is expected to grow by another 15 percent to more than $15.3 billion. […]
As economies continue to move toward globalization, companies continue to be on the lookout for new and better ways to expand their reach, establish their products and services and leverage skills, talents and resources to improve and save on their operations. Offshore staff leasing has become an integral part of this phenomenon. […]
IT-BPO Sector Enjoys Growth in Revenue, Employment
2012 proved to be a great year for the IT-BPO sector, as it boasted a 19 percent growth in revenue and a 21 percent growth in employment.
In 2012, the sector’s total revenue amounted to $13.2 billion. As for its workforce, the year brought in 137,066 more workers, making the total number of employees 776,794 people. According to IBPAP (Information Technology and Business Process Association of the Philippines) president and chief executive officer Jose Mari Mercado, last year’s profits as well as the increase in workforce were in line with industry’s expectations, considering the sector’s 2016 targets. By that year, the information technology business process management sector (IT-BPM) expects to have 1.3 million jobs and $25 billion in revenue. […]