Why Offshore Your Business Processes to the Philippines
Competing in today's business environment is a tough challenge, especially for small to medium-sized companies. You are expected to take risks, develop strategic plans and conduct extensive research to become more competitive.
Axiem is here to help your business gain a competitive advantage. We defend your market position and maintain your business edge in the industry. This is achieved through relocating your business processes to your offshore staff in the Philippines.
With many options on how to remain competitive, offshore outsourcing needs to be considered. The Philippines is the perfect place for supporting your business requirements.
Facts about the BPO industry in the Philippines:
- The Philippines surpassed India as the preferred offshoring solutions provider in 2010
- Is the third largest English-speaking nation in the world
- The BPO industry in the Philippines covers 10% of the country's GDP
- The industry increased from $3.77 billion in 2006 to $14.4 billion in 2013
- There are over 350,000 Filipinos working in call centers handling 250,000 back-office services
Contact us to find out more about how we can help your business maintain a competitive edge.
Advantages of Offshoring Back Office Jobs to the Philippines
Low Labor Cost
Labor costs in the Philippines is 50% to 80% less than in the USA, UK and Canada.
Impressive English Proficiency Skills
The Philippines takes pride in being the third largest English-speaking nation in the world. The country scored more than 7.0 and ranked number 1 in the BRIC Economies beating economic powers such as Japan, Italy, Mexico, Brazil, Colombia and Chile.
Highly Skilled Workforce
The Philippines exhibits an amazing 97.5% literacy rate in 2013 (92.3% from 2000) that is on par with that of the USA, UK and Canada. This, together with other factors, has led to the employment of over 683,000 Filipinos in 2011 and a revenue of $14.4 billion in 2013.
At present, the size of the total labor force of the Philippines is approximately 29 million with 380,000 to 450,000 college graduates entering the labor force annually.
Cultural Compatibility and Affinity to the West
Decades of colonization transformed the Philippines into a culturally compatible and adaptable country for Western economies. The Filipino people are well versed in and comfortable with USA, UK and Canadian cultures and embrace their style of entertainment, lifestyle and work.
- English is the primary language used in schools and the workplace
- Similar interests in sports such as basketball
Strong Government Support
For over a decade, the Philippine Government has firmly supported the growth of the BPO industry in the country with the following initiatives:
- Ongoing bills that support the benefits and safety of all BPO professionals
- Strengthened BPO organizations:
- Information Technology and Business Process Association Philippines (IBPAP)
- Contact Center Association of the Philippines (CCAP)
Contact us to find out more about how we can help your business maintain a competitive edge.
We help enhance the performance of your business with secure and efficient data entry services.
Our cost-effective call center solutions are customized to reduce your costs and increase your productivity.
Maximize the knowledge and skills of our professional accounting staff at Axiem to expand your business.
Keep up to date with the latest innovations and trends that your business can benefit from through our IT experts.