5 Reasons Why You Should Start Outsourcing to the Philippines

1. 5 Reasons Why You Should Start Outsourcing to the Philippines You might have come across a few articles recommending the Philippines while researching for the best outsourcing destinations in the world. This is due to the different advantages the Philippines offer to business owners. The Philippines is one of the countries in Southeast Asia that tops the rank for having the most excellent BPO companies and services worldwide. This is one of the main reason why businesses from around the world are thinking of outsourcing to the Philippines. However, there are some things to consider before you start outsourcing to the country. I’ve made a list of some of the best reasons why most businesses prefer outsourcing to the Philippines, and why it’s best to start offshoring into the country. Here are the 5 reasons why businesses choose the Philippines. All Sorts of Business can outsource to the country Companies are choosing to outsource to the Philippines due to the country’s cost-efficient benefits. Business owners enjoy the fast, efficient and quality output, along with the continuous stream of income without investing too much in their manpower These businesses vary from multi-billion companies to medium-sized businesses and startups. Pricing. Pricing. Pricing. In accordance with the previous item, pricing is one of the main advantages and the biggest reason why companies outsource to the Philippines. This is due to the country’s cost-effective labour, which is almost half of that in the United States, the United Kingdom, Australia, and other western countries. In addition, outsourcing to the Philippines also lets business owners save on other expenses such as paying for office space, HR and other legal costs such as taxes, equipment, and so on. It is also mentioned in surveys that business can save up to 60% of their expenses simply by outsourcing to the Philippines. The Government Supports the Industry by Urging More Foreign Businesses to Invest in the Country Since 2013, the Philippine government has kept supporting the BPO industries in the country by collaborating with universities to create BPO specific curriculum. The government has also established hundreds and thousands of BPO training centres to promote growth for both employed and aspiring BPO workers. In addition, eLearning solutions such as the Learning English Application for Pinoys or LEAP are designed to train and help senior high school and college students meet the BPO demands after graduation. The Philippines is Rich with Effective and Highly Diverse Talent Pool In accordance with the previous topic, the results of the BPO training provided by the universities and government-affiliated training centres produced thousands of efficient and highly-capable workers annually. The Philippine Statistics Authority have mentioned that universities produce a minimum range of 500 to 700 thousand graduates, in which most are qualified and capable of handling BPO-related tasks. Data Privacy and Security Since outsourcing requires the sharing of classified information, the Philippines has passed the information security act in 2012. The security act guarantees the customer’s information security and privacy by acknowledging exact guidelines set up to protect the client’s or business’ information from unapproved users.