Archive for the 'Business Process Outsourcing' Category

Educational outsourcing is on rise in India

Outsourcing is making great profits in educational field. Students from Britain, US, Canada & many other countries are outsourcing their IT Jobs to earn higher grades.

This is the reason that outsourcing is spreading to other segments besides IT, software, customer service, data management & many more.

The education industry has taken keen interest in the new trend of outsourcing. Students from various countries are now assigning their jobs to many Indian educational scholars. Most of the students are from Britain.

IT students overseas are giving their assignments to Indian scholars. The main reason being that Indian scholars are well qualified and experienced. This also benefits them by cheaper labor cost due to the ever-increasing competition among Indian IT professionals.

As per a recent survey on outsourcing educational projects, it is clear that the students who are outsourcing their IT related jobs, are mostly those who are either not competent in preparing assignments on their own, who do not have enough time or who are lazy & have the money to spend on outsourcing.

In simple words, these students are mainly outsourcing IT jobs to Indian IT professionals. These IT professionals have either individually created their own outsourcing websites or formed a group. The outsourcing educational jobs may be on the rise, but this has made many people doubt the credibility of the whole affair.

As per a professor of a reputed UK based University in IT department, Allen Thomas, “This growing trend of outsourcing educational jobs is casting the shadow on the talent of the student’s creative & hardworking skills.”

He also adds- “We have recently investigated the matter & found that UK students are posting their Jobs regularly on outsourcing sites and many Indian, far east & eastern European countries are responding by way of bidding. Jobs normally involve of writing programs of small codes.”

However, on a global level, outsourcing is considered to be another way to keep you one step ahead of the competition in case of higher education.

Outsourcing India, Rise and Rise of KPO’s in India.

India has become a leader in outsourcing today. The country has emerged successfully as the leader and is working towards earning a name in this field.

As per a report, it is clear that India has successfully managed to earn tremendous reputation as the most reliable outsourcing partner. It would not be wrong to call India, a “global leader” for outsourcing business.

The president of Indian National Association of Software & Services Companies (NASSCOM), Kiran Karnik feels that India has emerged to be No.1 in the outsourcing business & it is global in terms of services in the United States & the United Kingdom.

Today Indian outsourcing business is not just following the traditional outsourcing method. The outsourcing business in India has now graduated from service provided to knowledge based outsourcing (KPO).

The super success of Indian BPOs has resulted in to the birth of KPO. KPO has now taken the lead in outsourcing business. KPO is a process that involves high-end knowledge work, and requires qualified & experienced people to handle such jobs.

Taking up such projects demand advanced analytical & skilled knowledge in the KPO business.

Today the services that are successfully being outsourced to India include Research & Analysis, Business & Market Research, Investment Analysis, legal research & analysis, finance & accounting advisory services, product & Brand Management and Medical Services.

The famous ITES-BPO India will soon be over-taken by emerging KPO. The take over would prove to be the greatest revenue generator in the Indian history.

A growth of USD 17 billion would be experienced by the global KPO business by the year 2010.

The Indian share in this growth would be around USD 12-14 billion, as expected by many analysts.

India would be the first choice for global knowledge process outsourcing business as the country has many English-speaking workforce talent comprises of highly skilled professionals such as lawyers, MBAs, CAS & PhDs.

Government of India is sure of the growth potential of IT business & IT Policies in the country.

IT Business & policies being always on to agenda in government of India’s manifests, these areas are reviewed periodically. Today India is among the first few nations who enforced cyber law to curb crimes related to Internet.

All About Online Forms Entry and Data Processing

Webmasters nowadays leave form boxes on their WebPages to serve the following purposes: to get a user’s comment or message, to acquire personal or business information about a user, to receive data entry information from online users, to receive online cash or fund information, and other functions which may necessitate communication between two or more parties.

Data processing using form boxes is easier and more convenient than having to compose emails for certain online transactions. Plus, most online forms follow the conditions required by the receiving party thus minimizing errors or misunderstanding the details to be filled up.

Creating online forms is not that complicated. A thorough knowledge on the HTML coding environment is necessary, and a PHP database experience would be a plus. But for those who do not even have the slightest bit of background on HTML and PHP coding, you can always avail the services of a freelance programmer. With the right tools and methodologies, you could be developing a very stable online form database in no time.

A data entry procedure using online forms involves minimal effort. This means, that you really don’t have to be a genius when it comes to information or data management, to be able to understand which entry goes where. The pattern or arrangement on the form displays the possible data flow which the database or recipient would want to see your data organized. Traversing each form, you will see what requirements need to be filled up, and how they should be answered, by their order.

Combining both essential functions of online forms and data processing, we arrive at a perfect symmetry of data entry development. Online forms permit the entry of data, according to its particular level of access, thus allowing for information submissions.

Without this integral process, convenience and accessibility pose as a major question to any existing website. Websites understand that the key to creating better traffic for their site would be to increase the quality of the information on their sites and possibly create a friendlier interface for the website users.

When many people get the impression that your site is not that accommodating, you could loose that user and many other potential visitors, until the problem is solved.

Going further, we arrive at a very familiar interface which will permit us to recognize the salient aspects of online form and data processing. These two procedures, relate to each other in a very systematic hierarchy.

The functions can never overlap, and could only follow the order set between one another. Online forms are basically the vessel of the data processing methods which must be fulfilled.

Data processing takes place only when the right data or information has been supplied on the online forms. Once accomplished, online forms initiate a call to process that information and create a copy of the data entered into the database, where it may be of use in the future.

Why outsource Data entry work to India? Here are the reasons.

India, the third largest English speaking nation in the world, is purportedly the hub for outsource service providers in Asia. With more and more people investing billions of dollars into websites and other online advertising campaigns, India stands as a united front to answering the demands of various business clients and industries that span the entire globe.

Search engine optimization companies, especially those involved with database or website management projects from outsource clients would agree, that data entry is one of the more basic, yet more complicated procedures in the early stages of directory development. The procedure for data entry work is fairly systematic. The primary data entry level task is to gather a list of data from specific industries or categories. For example, hotels can be classified under one category, or business industry.

The main task of the data entry personnel is to identify possible records which could help in supplementing the base data on the hotel or hotel chains being discussed in the directory. Common items like hotel locations, hotel management contact details, reservation information and dining services are the most fundamental facts which need to be entered for a particular hotel index on the directory.

It is not a coincidence that India should be one of the more deserving nations who could easily acquire data entry jobs from outsource clients, as the whole country itself is rapidly mobilizing its technological prowess to facilitate the outburst of outsource service demands from around the world. In a sense, India is qualified to brag that it can certainly do the job. In terms of technology and experience on the “Web Business”, India has greater lead than the rest of the Asian countries.

Even the Philippines, which ranks as the fourth largest English speaking nation in Asia, is curbed to follow a very far distance, already paced by India.

It’s no wonder then, that outsourcing data entry level work in India could be an excellent choice for most businessmen or web investors. Nothing really beats the quality and reliability honed by years of dealing with optimization and outsourcing services, which India has been exposed to.

India nonetheless remains as the dominating force in Asia when it comes to outsource services with its proven track record.

In totality, Outsourcing data entry work in India is a decision that should be made with quality in mind. Nothing beats India when it comes to this, as they are bantering on a more acknowledged field, to which they have been first made privy, and have done reasonably well to maintain. To get the best deals for Outsource service with Data Entry work, do not forget to level out with India on this aspect.

India stands to gain on the following services which are commonly outsourced by major clients from both U.S. and Europe: PHP Programmers, Bulk Linkers, Data Entry work, Content development, Web Design and Web Development services and many others.

Things you may not know about Web Information Extraction?

How do directories, especially Search engine-type listings get the right details about the pages within their aggregated sites database? How do they easily gather web information from these pages? Do they utilize web information extraction strategies to find the right information? Definitely, yes!

Web information extraction is the single most fundamental activity that web search engines have been using to prop up their information on existing websites in the World Wide Web. You don’t really have to overemphasize the number of websites on the web anymore to know how extensive web information extraction procedures are. As long as websites keep popping out everywhere, there would always be a reason why search engines must expend web information extraction on them.

Web Information extraction is basically the act of gathering useful information or contents or meta tags from websites to compile a viable list for public viewing. Directories are not only made for the purpose of earning, they are also developed to provide a convenient source of web information for the website viewers.

Have you ever wondered how major search engines or directories like Yahoo, Google and gather short details about all the websites within their directory? Search directories utilize common crawling or listing strategies to get the right information from the page source themselves. Manual data extraction and entry, and robot crawling are two of the most well known procedures of gathering page details. These methods often target the site’s meta tags, where the title, description and links information are stored.

In the manual procedure, the sites are scanned for the title and description by the data entry personnel. The sites are then linked through different categories, according to the website’s use and relevance. The sites are also checked for the quality of the content as well as the visual items. After this process, the sites are then made live for public viewing. Manual directory information extraction is quite tedious, yet they produce highly unique data listings.

Human edited directories like DMOZ seek volunteer web editors to help them develop their directory. These web editors often develop very original site descriptions, thus most search engine crawl information from DMOZ itself because of the quality of work the web editors have put in for every listing.

The automated procedure uses similar techniques as what manual editors do. The “robot site crawler” or just “robots” search for given fields like the meta title and meta description from the page source, and then transforms a hierarchy according to the relevance or purpose of the site. The crawler then collates all the information gathered, and displays them on the site directory. Everything is done automatically by the coding applications, which jump from site to site to list down everything.

The procedure for this type of strategy may seem very easy, yet it produces very common or repetitive site descriptions. There is also a tendency for the site descriptions to be erroneous.

Robot crawlers are capable of extracting web information, but not editing it to its correct data form. The robots are incapable of deciding whether the information entered for each site is relevant or supplementary to the category the web architects are currently building.

Types of Services related to Data Entry and Data Mgmt. that can be outsourced in India

Data entry level work may seem inconsequential for some, yet it exists to be one of the most fundamental tasks of a particular business. There are several data entry activities for various industries which India prides with the capability of performing.

Here are the more common lines of work on data entry as specified under a particular industry/category:

Legal Data Entry

Outsource clients often would want to field over their legal proceedings and have a particular transcriptions personnel edit the work to be read on the panel. This type of work requires good hearing skills, as most of the data to be edited come from an audio device. This task is definitely meticulous and very stringent. Errors in the editions could cost a very serious confusion to the proceedings of the case.

Financial Data Entry

Banks and Financial Institutions need the help of data editors to put in additional information or move various client details into particular databases, especially for institutions which handle thousands of client transactions per day. Data entry personnel must accommodate such large requests when dealing with this kind of data entry task.

Website Data Entry

Website data entry is present on web directory editing projects. Most web directories or search engine listings require the services of a web editor to facilitate the input of valuable data for their various categories. On such level, data entries often filter through various categories and websites, choosing the most quality sites to load into the category. Strict measures are supplied by the web directories for their data entry personnel to follow on editing, uploading and making live various sites on the directories.

Health Care Data Entry

Most health care services organization or the health care department itself often mandates employees and the citizens to avail of certain health care services of the government or have a certification from local clinics or hospitals to be allowed to work on any company. The medical certificate is highly essential for everyone planning to take on employment in a company. Health care information is often categorized by company and by year of application. These details are recorded by data editors to speed up the process of retrieving medical information in the future.

Insurance Data Entry

Insurance companies seek the services of data entry personnel to record their client’s insurance data, payment schedules and medical issues. Insurance information must be edited and placed on the World Wide Web, for faster access by those who may need them.

Academic Data Entry

Schools often turn to data entry level work to facilitate the listing of class schedules, student information and subject availabilities, especially during enrollment. A convenient database is often used to record all the necessary information about a particular student.

Data Entry work should be viewed as a very systematic activity which seeks to improve the reporting or data-retrieving level of any company or website. With data entry work, websites or companies can improve the information indexing stage and reserve a faster and more convenient means of getting information.

Convert PDF to Word: An interpretation

Adobe PDF is among the standards for online information sharing and presentation. PDF files can be shared through various operating systems and applications, giving it widespread approval from many people and business institutions, when it comes to reliable online documentation.

As the line between various applications, which support PDF files become highly reliable with the presence of online and downloadable conversion applications, which literally allow a more efficient cross-platform accessibility of data.

There is no question that the Microsoft Office suite which has become so popular in the recent years with their highly effective business and personal productivity solutions, dominate a fairly large portion of the world’s computer systems with their products.

And there is no question also that many competitive document or word processing support applications do their best to inherit the ability to be accessible to those who are using the Microsoft Office suite or at least provide a convenient technique to accommodate those users who wish to be able to revert or advance while using other applications.

Going into the deeper details on the subject, we come across two very distinct programs which command a great deal of supporters. The Adobe PDF application complements additional security for Microsoft Office products, especially those in MS Word while Office applications provide a stable and a highly convenient word processing foundation from which the PDF files can be edited from.

In essence, both products do not dismiss or challenge or try to outdo one another, rather they complement what the other application lacks using a stable cross-application conversion technique.

Explaining this subject further, we need to realize that PDF Files are often used for more secured, open source, open system, integrity relevant, and extensible documentation procedures, which is highly appealing for business use. Common business practices nowadays call for people to opt for PDF certificates or agreement forms after signing to retain a higher percentage of integrity and security for the document.

However, prior to having these documents in PDF format, encoders would use a verifiable word processing application wherein they could create and edit the agreement documentations. The conversion technique is only a command, executed by the user, to allow the documents made from MS Word or from any other word processing software to become readable using the Adobe Reader or Adobe PDF reader programs. In reverse, PDF files use the same techniques to convert PDF document data into easily editable copies, in an MS Word environment.

In general, the Adobe PDF and Microsoft Word applications provide cutting edge technology when it comes to secure, highly efficient, cost-effective, reliable and highly online familiar and accessible solutions. Both applications conduct a fusion that is practical and beneficial to the users of the products.

The Microsoft Office and Adobe Software Suite offer only the best option for a more stable and convenient documentation and presentation for both local and online viewing. It is no wonder then, that the conversion of PDF to Word documents is a method that is highly possible in today’s cross-application scenario. With PDF and Word together, you’re sure to get only the best when it comes to documentation and data presentation.

BPO (Business process outsourcing) is optimization of business performance.

BPO sector has created a revolution in the business world. Most organizations have switched over to BPO to achieve desired results with a less investment on their part. The BPO industry has enjoyed a vast expansion and is still expecting great advancement and enhanced efficacies to offer its clients with best of services.

The eminence of outsourcing is such that multinational companies have bestowed great trust on the process to enhance their profit prospects.

Neson Hall, BPO analyst defines BPO as “the outsourcing of business functions or processes, such as procurement, to a third party”. If you are also in the process of considering business process management to enhance your business in various fields, outsourcing process is the best way to accomplish the task successfully.

There are several benefits associated with business process outsourcing. These advantages result from the BPO’s links to shareholder value. The main objective of business process outsourcing is to optimize business performance in order to achieve value creation. BPOs have been embraced with open arms by various countries because of their efficiency in reducing costs effectively and enhancing service quality at the same time.

The paragraph given below emphasizes on the various benefits that a BPO contributes to an organization.

a) Productivity Improvements: An organization strengthens with the presence of experienced and proficient corporate executives working for it. Traditionally these executives are supposed to spend 80 percent of their time in management of details. The rest 20 percent is spent on the most important process, formulating strategies. Business process outsourcing has relieved corporate executives from managing details of the organization. Now they can utilize their precious time & expertise in formulating strategies to improve profit prospects of the organization. The whole process results in the enhanced productivity of an organization.

b) Cost Savings: Cost savings is one of the most prominent benefits of outsourcing the business processes. Companies that outsource their work can enjoy the best of talent in the industry at very low wages. According to the studies conducted on the BPO sector, it has been made apartment that the value derived by the US economy on every on dollar invested in BPOs ranges between $12-$14.

c) Improved HR: HR outsourcing is the best medium to avail cost savings that ranges somewhere between 20-40 percent for customers, leading to improvised version of HR. More and more companies are now looking forward to outsourcing process & transactions so as to develop tactfully focused function of HR.

d) Focus on core business: Most often, organizations tend to neglect the important tasks and areas of the business functions. Adopting business process outsourcing offers excellent aid to the companies to focus on core areas of their business.

The internal processes of most companies have effectively shown an enhancement in the efficacy & competency of services offered.

Organizations can now focus their time & energy on building their core business. Cost reductions, concentration on core business, external expertise, effective catering to changing demands of the customer and increased revenues are the major benefits of business outsourcing.

All these advantages culminate into increased profits and productivity of an organization.

Evolution of Business Process Outsourcing (BPO)

Browsing through the pages of history, we can see that the outsourcing concept dates back to 1962. The concept was the result of Ross Perot’s mastermind when he founded Electronic Data Systems. Electronic Data Systems facilitated the management of information technology to its clients. EDS was proficient in offering the adept information technology one requires to enhance the organization’s profit prospects.

If you want to offer IT/Business related services or product to an organization to keep yourself abreast of the latest technological advancement to improve business process, BPO is the best option.

The typical BPO contract, takes over a specific corporate function. Effective business process outsourcing circumscribes lots of other processes than just changing who is responsible for performing the process. The outside provider takes over the charge to regulate the function or business process, as well as re-devising the method by which the process has been originally conducted.

In the recent years, BPO has become a priority of most businesses. An organization aiming for perfection, niche identity, huge profits and great productivity is now opting for BPO.

Businesses have started achieving strategic and powerful benefits through the outsourcing process.

Call centers are the most demanded and common process that gets outsourced by various organizations these days. Call centers and customer care desks of many multinational companies are successfully being outsourced to low waged, English speaking countries including Philippines & India.

If we consider a country like India, it is equipped with vast IT human resources and has been successful in attracting outsourcing from American IT/Technology companies to outsource their IT Help Desks. Most of these help desks are equipped with latest customer care software and hardware in conjunction with technically proficient IT graduates behind them answering the queries of customers.

A brief overview of BPO also known as, Business Process Outsourcing.

BPO stands for Business Process Outsourcing. The whole process can be referred to as the reorganization of a particular business’ functions to some other service providers. The arrangement is generally made in low cost locations. The service provider in this may be a third party or self-owned. The entire rearrangement is aimed towards an achievement of enhanced shareholder value.

Today there are several BPOs across the globe and these BPOs are offering their services to many eminent fields and organizations. Here is a list of some of the basic services offered by BPOs.

• Cash flow analysis
• Data Entry
• Quick Books accounting
• Accounting services
• Live Online/Personal/telephonic
• Enquiry handling
• Pay roll processing
• Web design/development
• Customer care
• Reconciliation
• Inventory management
• Receivable & Payable
• Business operations
• IT Management

The Business Process Outsourcing involves successful management of business processing and business outsourcing. The management and outsourcing are generally conducted through a technology that redesigns the process, eradicate redundancies & curtail extraneous steps.

This is possible with the help of expertise and productive resources of dedicated Foreign Service provider utilized by outsourcing. BPO performs these functions proficiently to promise enhanced benefits to the organization.