Friday, October 17, 2008

SAP Based BPO Solutions

A BPO can be successful if it can develop the necessary organizational skills. The common problems faced in standards BPO is there is loss of flexibility, insufficient preparation and difficulties in measuring performance before and after the agreement.

Managing a BPO is not a simple task as it has lot of risks. To deliver good results the service provider has to rely on sound business foundations like process automation and related technology. SAP can help the BPO in many ways such as integrated business solutions, in house processes, certified BPO partners that can handle the outsourcing needs.

BPO with SAP solutions has major advantages like it has lower risk of transportation, operations, legal compliance and contract governance; it has lower cost during transition and evolution, lower ongoing total process cost and lower cost of keeping long term options open.

Friday, September 26, 2008

Nasscom: Short-term impact on outsourcing

The fourth-largest software exporter from the country Satyam also said that it was "concerned" over the developments in the US. "We are very concerned about the recent development in the BFSI segment in the US. However, the Lehman Brothers episode will not have any impact on Satyam," Satyam Computer CFO Srinivas Vadlamani said. HCL Technologies, however, said that the two US majors -Lehman and Merrill Lynch -were not its clients and therefore would not adversely affect the company.

When one puts all of this together, there is some loss but given that most of the top five companies have over 40-45 per cent exposure to BFSI space, then mood is worried and concerned right now, said an analyst.

Already finding it tough to cope with the slowdown in the US, the beleaguered Indian IT vendors are likely to see some reversal in revenues coming out of their banking practice with the recent happenings at global level.

Nasscom, which is of the view that the current crisis is a consequence of the subprime crisis which began last year, said many companies that were being directly impacted by the turmoil last year had prepared for this eventuality.
But the association is optimistic on the challenge being contained as it said "India's value proposition continues to be strong. As an industry, we have worked as partners with our customers and will continue to do so, even as the financial services sector realigns itself."

Thursday, September 18, 2008

Business Credit Cards

A true business credit card is a line of credit that is taken in the name of the business, under the business' credit. Activity, whether good or bad, is reflected on your business' credit report through D&B and other financial institutions, and the liability for any debts incurred and bills owed is with the business.

However, some companies out there offer "business" credit cards which they require a person guarantee for. These institutions will often ask for a personal guarantee, and will almost always ask for a social security number from the person applying for the business credit card. If this is the case, the credit card is not a business credit card, but is simply a personal credit card which is used for the business. The business is not liable for bills and debts - you are.

When applying for a business credit card for your business, watch out for areas asking for your SSN (and not your TaxID orEIN) and be wary of any business credit card that asks for a personal guarantee. By ensuring that your business credit card is in the name of your business, you can help to build your business' credit, while avoiding creating problems with your own personal credit.

Thursday, September 4, 2008

What is Data Entry Outsourcing?

Data entry has been a very tedious job that most companies need, but don't want to do so they find out information on data entry outsourcing, and implement this service into their organization. There are hundreds and hundreds of data entry outsourcing firms that employ their services for this tedious task that companies don't want to deal with.

These data entry outsourcing firms save the companies a lot of money in benefits and salaries for cheap work that they can get from the data entry outsourcing firms. It has been said that data entry is a brainless type of work that monkeys can do and all they require from the employees that do it, is fast and accurate fingers.

But a lot of people have come to find out that data entry is not such an easy task to take on so they employ data entry outsourcing firms. Most of the employees that do this data entry are very skilled in their work. It takes talent in order to type or key on a computer keyboard with accuracy. It is these people that allow the companies to have the information they need to analyze or have the information they need in order to get those statistics to their boss on time.

Saturday, August 30, 2008

BPO Companies - A Means Of Outsourcing

BPO companies are located overseas and represented by call centers, data entry specialists, offshore bookkeepers, tax preparation specialists, accountants, email answering specialists, telemarketers, copywriters, web sales and marketing professionals and many other specialists.

BPO companies are one of the fastest growing industries in today. The benefit of BPO companies are reduction in production costs, getting the work done by professional specialists. It’s a logical sequence of globalizing IT market.

To hire a BPO company several factors needs to be taken into consideration as your several business risks are shared with the BPO companies. One should plan long term projects and long term goals in which chances of failure seems minimum. It should be seen that work get accomplished in time as it increases the cost and overhead expenses in case the stipulated task doesn’t get accomplished.

These days many BPO companies are into origin from India, China,Philipines,South Africa. In developing countries like India there is sharp competition in BPO companies These are largely assited small and medimum sized companies which seek to boost their business profit with their cost effective techniques.

Friday, August 22, 2008

Offshore outsourcing India

Offshore Outsourcing has been popular for several years. Countries like India are popular offshore outsourcing locations which offer cost effective solutions. There is a wealth of articles and write ups about the cost advantages of offshore outsourcing with a majority claiming anywhere between 40-50% savings.

• It has one of the world’s largest pools of highly educated, English-speaking workers (250 million), many with scientific and technical skills. By 2010, India is expected to be the largest English-speaking country in the world.

India has very low wages. Starting salaries for IT engineers in India range from $5,000-$10,000, low by US standards but very attractive in a country with a per capita annual income of $500.

India Advantages

India has the advantage of a very large number of English speaking populations, which is more than in any other non-English speaking country. Add to that the lower cost of manpower; it becomes very attractive to hire Indian software professionals. Once the boom started, India is producing software professionals by thousands. IT education starts right from Nursery and specialized institutes are available to provide diplomas/degrees in various fields of IT.

Thursday, August 14, 2008

How Much Memory is Enough

With technology growing as it is these days, more and more people are becoming dependent on computers for a wide array of tasks. Many people use computers for online gaming which requires a bit more memory so that the graphics are displayed properly. Most of the online games with high graphics require more memory so that the computer does not freeze. So in this case the more memory you have the better.More and more people are opting to go to school online as this is a way to go to school at home and the time you go to school online doesn't matter. As busy as most people are with daily lives, going to school online is a workable option that most people are interested in. The school files are large and small, so the more memory you have the better. Of course you can also burn your school files to a disc and that way delete the files to free up more space.

Most computers ship with the minimum amount of memory necessary to allow the operating system to run smoothly. With the memory upgrades available, you can increase your ram fifty percent or more, depending on the available memory slots in your computer. With today's newer office applications and the graphics intensive games, it is necessary to have more memory so that with two applications open and running, the less chance you have of your computer freezing or acting strangely.Typically the operating system manufacturer is the one that sets the minimum amount of memory required to run the basic operating system itself and not any additional applications or programs. This is why it is recommended to upgrade the memory as the minimum is simply not enough to run more than the operating system. Therefore you will help prevent frustration from computer crashes or freezing.

In order to prevent this problem install the maximum memory for your computer make and model, as recommended by a computer specialist. With the advances in technology almost daily, it is necessary to have a smooth running computer that can handle having multiple applications open. Online gamings are high graphics programs that require more memory to display the graphics properly. If you are looking to run multiple programs, play games online and other applications, it is best to have more memory.