Executive Boutique

CALL US - US: 1-888-700-9555 US | UK: 44-12026-18056 AU | AU: 612-8015-5330 AU| SGP: 65-6653-6528SGP
Your Call Center Partner in the Philippines

From the blog

The Future of Call Center: 14 Must-Know Statistics and Trends

Banner The Future of Call Center 14 Must Know Statistics and Trends (1)

The business process outsourcing (BPO) industry which includes outsourcing of call centers is one of the fastest-growing sectors for many years now. The BPO industry continues to create job opportunities for many people across the globe, largely contributing to the economies of Asian countries including the Philippines and India.

While some critics have wrongly predicted the demise of call centers due to advances in artificial intelligence (AI), the industry continues to thrive and is still evolving and innovating—just as new technologies and tools continue to emerge. With these new technologies, BPO industry veterans look forward to creating more value for their customers and making the job easier for businesses and call center agents alike. 

With that in mind, let’s take a look into the future of this continuously-growing and evolving industry. This visual graph below illustrates a complete picture of call centers—the figures and trends to keep watch so you can stay on top of the game. Let’s get started!

Infographic The Future of Call Center 14 Must Know Statistics and Trends

Understanding Customer Expectations and Needs

As a business, it’s understandable that you want to differentiate yourself from other organizations and stand out from the competition. 

As part of your plans and strategies to keep on improving, this can also mean that you outsource certain business functions to better-skilled professionals. This will allow your company to uncomplicate issues and unload you of tasks, providing you more time to focus on important matters such as maintaining high customer satisfaction.

Many technological advances are emerging and there will only be more to come. Considering the numbers and the new trends mentioned above, you could better improve processes by looking into the right metrics, using automation tools, and implementing machine learning, among others, to reduce the number of frustrated customers and elevate your satisfaction score.

Call Center Industry Trends to Watch Out For

1. Chatbots

More brands and businesses are turning to chatbots. A study shows that consumers would like to use chatbots to get quick answers during an emergency (37%), to resolve an issue (35%), and even make reservations (33%), among others.

Messaging platforms serve as the primary drivers for the growth of chatbots. Platforms that feature chatbot functions can improve brand awareness, sales or lead generation, and customer support services. What’s more, chatbots are available 24/7 and can respond almost in an instant, even when managing multiple conversations.

As chatbots utilized by contact centers get more advanced and sophisticated, they will be able to incorporate more empathy and personalization in their conversations. Implementing chatbots in contact center companies enable them to cut costs and allow agents to focus on more pressing calls while providing a positive experience to users.

2. More advanced data analytics

Prior to the introduction of new technologies, contact centers depended on their quick-thinking and experienced team leaders and managers to lead their agents and boost their performance. But, in this data-driven era, analytics and insights now influence long-term strategy development and approaches for better decision-making, identifying the root cause of a problem, and evaluating agent performance to propel the business in the right direction.

Since call center companies serve as the point of contact between businesses and their customers, it makes sense to utilize advanced analytics software and tools to churn out information from their interactions.

The data collected and studied highlights valuable insights regarding important metrics like average handling time, agent idle time, first call resolution, and more. It also includes user information, such as demographics and preferences, to help develop more effective strategies for better customer service.

3. Non-voice commerce 

Conversational commerce is growing, and it’s changing the way people communicate with businesses. This convenient communication method allows customers to chat, make purchases, ask questions, and receive help from companies whenever and wherever they want.

Statistics show that on Facebook Messenger alone, people and businesses exchange 20 billion messages each month. Messenger for Business allows brands to provide support via Messenger, which is one way to simplify the customer journey. Customer service centers are exploring this new way of communication to enhance customer experience and generate additional revenue.

4. Social media presence

Customers connect with businesses on social media platforms and expect to receive a quick response. About 37% of consumers expect answers on their queries or complaints within a day. Additionally, more than 76% of people message businesses to get customer service support for a product or service.

Users go on social media platforms like Facebook, Instagram, and Twitter to talk about and get in touch with brands, which is a clear indication that you must invest in social media. 

Forming your social media support teams will let you tap on more customers and foster brand communities. As such, consider including investing in training and social media management tools for more efficient, responsive, and personalized two-way conversations. 

In line with this, new customer support platforms allow agents to have all of their customer interactions in one window. This platform has access to all forms of communication such as Facebook, Viber, WeChat, Twitter, etc.

5. Cloud computing 

Nowadays, call center businesses recognize the practicality and functionality of cloud-based platforms as they help remote agents interact with customers the same way they would on-site. Using cloud computing applications for your contact center not only let you gather and generate data from customers, but they also do so smoothly and conveniently by making customer files accessible online.

Given this, you can subscribe or avail of a cloud-based tool on a pay-per-usage basis instead of spending a chunk of your marketing spend on IT and infrastructure. This allows brands to serve more customers and have the advantage of flexible time, as well as hire skilled agents from other parts of the world for round-the-clock support.

6. Artificial Intelligence (AI)

AI is leading the conversation around call center trends as it’s one of the more exciting and powerful technological disruptions in the industry. 

AI solutions and machine learning can filter complex conversations and redirect them to contact agents for comprehensive support. It can determine the next steps when interacting with customers based on its previous interactions. 

For instance, it can detect the customer’s language and tone by looking for specific keywords and utilize sentiment analysis algorithms to manage calls more accurately. This helps route calls to the skilled agents at the right time, boost agent productivity and performance, and ensure customer satisfaction. 

For example, Cogito has a human-level of artificial intelligence that’s aware of all conversations and in real-time analysis as well. It studies multiple conversations and provides the best guidance for agents to converse with empathy, and confidence.

Final Thoughts on the Future of Call Centers

There you have it—the leading figures and trends at play in the BPO and call center industry. Acknowledge these new technologies and statistics or you risk getting left behind, as other organizations adapt and advance. Being a leader in the outsourcing industry means keeping up with the latest innovations to meet your customers’ expectations.

Are you looking for ways to outsource specific functions of your business? Executive Boutique Call Center is a reliable and progressive call center in the Philippines that provides excellent and outstanding service. Visit the Executive Boutique Call Center Contact Us page here and drop a message to get started.

Read More »

How to Choose Between In-house and Outsourced Customer Support Teams

How to Choose Between In-house and Outsourced Customer Support Teams

Providing excellent customer support to your clients is a top priority for any business. It can improve your customers’ overall experience, elevate your brand image, and foster loyalty. It can even be argued that as the bridge between you and your customers, customer support can make or break a company’s performance.

To nurture customer relationships and put your best foot forward, your company needs to have a strong and capable customer support team that is guaranteed to deliver. However, while this function is vital for operational success, decision-makers face a dilemma: should customer support teams be in-house or outsourced? 

This article will discuss the differences between in-house and outsourced teams, as well as the factors to consider when choosing between the two.

In-house vs. Outsourced Customer Support Team

The main aspect that sets in-house and outsourced teams apart is the source of the labor. 

In-house teams—also known as insourced—are teams made up of individuals that are hired under and work directly for the company. In-house customer service teams are hired, trained, and managed by people within the company itself. These teams also use the equipment and resources that the company provides.

Outsourced teams, meanwhile, are contracted through a third-party service provider. Every aspect of these teams—hiring, training, workflow, and management—are covered by this third-party organization. Additionally, the service provider covers the office space, equipment, and other resources needed by their staff to perform services for the client company.

Factors to Consider in Choosing Between In-house and Outsourced

For providing customer support, there are several factors to consider when choosing between an in-house and outsourced team.

1. Size

There are two ways to discuss size: the size of the team you want to build and the size of the office space that you plan to place them in. When it comes to the size of the team, it’s important to determine not only your immediate or near term needs, but also try to predict your anticipated growth and your ability to manage and house a large number of people. 

If you are only catering to a small number of customers, it may be wise to outsource your customer support instead of building a team internally. By outsourcing, you don’t have to spend a lot of money building the infrastructure, recruiting the talent and training the new team, all of which a call center can handle for you. 

However, a big customer support team can be challenging to manage and oversee, especially if you are a budding startup. An outsource call center’s expertise in managing a large group of people with unified training and performance may also help.

The size of your office can affect the decision to hire people for an in-house team, as well. The workplace should be large enough to accommodate all current employees comfortably, as well as the anticipated amount of new hires to comprise your customer support team. Otherwise, an outsourced team will operate in a separate location from your company, reducing your space requirements.

2. Cost

Investing in an in-house customer service team will require large upfront capital spending on the necessary infrastructure, labor, and overhead costs. Outsourcing to countries such as the Philippines typically will result in savings of 50%-70% from the cost of hiring internally. When comparing outsourcing to an in-house team, it’s important to not just compare the hourly rate of the outsource center to the hourly rate of an in-house person. That would be like comparing apples to oranges. The hourly rate you pay for an in-house employee does not include the percentage of the overhead costs that can be allocated to each employee including: recruiting costs, rent, utilities, management cost, payroll taxes, benefits (including health insurance, paid leave, vacations). Whereas, with an hourly rate you pay an outsourced call center, all of those items are baked into their flat hourly rate.

3. Flexibility

For businesses that cater to international markets or want to provide more accessible customer service, having a customer support team that can work at any time or during peak hours is vital. 

In-house teams may be restricted to local time zones and require special wage arrangements for odd hours. Outsourced teams may be able to work around these requirements, especially if they are located in a different time zone.

4. Scalability

Depending on the nature of your business, you may experience seasonal or cyclical sales. This can lead to peaks at certain parts of the fiscal year, with little activity before and after. An in-house team may be enough for off-season concerns, but outsourcing may be necessary to address the increased demand during peak season adequately. 

Outsourcing customer service can also be advantageous for smaller businesses wanting to focus on growth opportunities.

5. Management

Creating an in-house customer support team will require the resources and labor necessary to complete the recruitment and training process for these specific roles. Outsourcing service providers primarily focus on these aspects, resulting in a more streamlined process and a roster of already-capable staff.

6. Expertise

With some products and industries, having more specialized knowledge or technical understanding is crucial to offer valuable and effective support solutions to customers. 

In-house training can ensure that your customer service teams are at the level of expertise needed for the job. Getting this same level of expert knowledge from a third-party provider may depend on the provider’s capabilities and the terms of the contract. However, with video conferencing technology, your ability to train a remote outsourced workforce has never been easier, and in many ways is better than having to schedule in-person training.

7. Technology

Setting up customer service operations will require the infrastructure necessary to run it effectively. Workstations, storage spaces, servers, telephone lines, and other IT resources are just some of the equipment needed to keep operations in proper working order. 

This technology will also need to be regularly updated or upgraded to satisfy both operational and cybersecurity requirements. This kind of infrastructure is a costly investment for in-house operations. 

8. Security

Another top priority for companies is data security. Keeping sensitive customer information safe from cyber threats or unauthorized access is essential for operational requirements and fostering trust with clients. 

Contracting a service provider may open up points of security breaches, depending on how thorough their data security protocols are. However, you have to keep in mind that the people you are outsourcing are good at what they do. As an entity, they are more focused and determined to keep your data secure.

If your company plans to have the outsourced call center process credit card payments, it is critical to work with a call center that has been audited by a third party security company and has been certified by the Payment Card Industry Data Security Standards (PCI DSS).

Moreover, if your company works with Private Health Information (PHI) then the Health Insurance Portability and Accountability Act (HIPAA) applies to you and your venders with access to PHI:

A. Payment Card Industry Data Security Standards – These standards have been established to secure debit and credit card information that is shared with you over the phone and stored within your company. To comply with the PCI DSS standards, your company needs to get certified by the Payment Card Industry Security Standards Council (PCI SSC).

The certification process is very expensive to set up. Outside third party security auditors are required to obtain your Attestation of Compliance. By using an outsourced call center that already has their PCI compliance in place, it will save you tens of thousands of dollars annually. 

B. Health Insurance Portability and Accountability Act – HIPAA was established in part to secure and protect health care information, and other health related transactions such as patient’s billing details provided by your customers. Some outsource call centers specialize in healthcare services and have all of the processes in place to ensure HIPAA compliance.

9. Brand Awareness

Customer service representatives are the customer’s first point of contact with your brand. Having reps who have full knowledge of your brand—from its vision to the full suite of offerings—can make all the difference in the way a support transaction is handled. 

Outsourced teams may not be able to have the full grasp of your brand the same way that in-house reps with firsthand experience will, though with the proper training, the outsource reps can get up to speed quickly.

10. Language and Culture

A good customer service team can embody the language and culture of your target audience, creating a smooth and seamless support experience. Depending on the demographic of your company’s client base, an in-house team may have an advantage with local clients. 

If you want to have a customer support team that is flexible and can adapt to different customs and cultures, outsourcing your customer support team is your best bet. Keep in mind, though, that careful screening is needed to ensure that an outsourced team can uphold the level of proficiency required to be effective.

11. Control

Being able to change and control aspects of the work process, especially for customer service, may be necessary to deliver good customer service. 

Outsourced customer support teams are less controllable, as the service provider may have their own workflow and processes in place already. You have to sit down and put a management strategy in place just for your outsourced customer support team.

In Summary

While in-house operations allow for a more specialized and branded service, a huge investment is needed to ensure its effectiveness. Outsourcing customer service can greatly reduce the investment required to hire and train a team, allowing for better scaling and flexibility. However, companies will have less control over the overall workflow and need to assess the risks involved with working with a third-party provider.

At the end of the day, deciding between an in-house customer service team and outsourcing with a third-party service provider will depend on the company’s needs.

 For your business function outsourcing requirements, Executive Boutique Call Center offers excellent service from top-notch professionals. Contact us today for more information.

Read More »

Key Advantages of Outsourcing Legal Services

Outsourcing has become an indispensable method for law firms of all sizes and specialties to streamline workflow and while enhancing operational efficiency. Delegating non-core tasks and chores to an overseas call center can help legal departments scale more rapidly without investing large sums of money in staffing or infrastructure.

BPO legal services can be an effective solution for law firms plagued by high turnover rates, staff burnout, or an inability to generate new leads and higher income. Business Process Outsourcing, or BPO, is driven by client requirements and goals. Whether your partnership needs assistance handling inbound calls or savvy social media upkeep, outsourcing provides several key advantages.

Key advantages of outsourcing legal services

Legal BPO confers the expertise and resources to grow your business exponentially. Contracts are flexible and designed to meet your individual needs and milestones.  Outsourcing the most time-intensive and burdensome processes can help advance your law firm in a competitive industry while saving up to 40 percent on overhead costs.

The benefits of legal outsourcing are myriad. Law firms gain access to state-of-the-art technological infrastructure, domain expertise, and a designated staff of talented, English-speaking professionals who shine in their chosen field.

BPO providers for law firms act as an extension of your own business. The goal is seamless integration that allows you to allocate internal resources in a smarter and more efficient manner.

Highly-skilled agents work round-the-clock, 365 days a year, handling a wide range of tasks and projects with the utmost professionalism. This extends your working hours considerably, without the expense or headache of hiring in-house support staff.  Outsourcing administrative and back-office legal processes can decrease turnaround times and boost productivity. This allows you the financial freedom to ramp up or scale down as necessary.

Confidentiality of legal documents and records is critical. Because leading BPO partners employ best-in-class quality control measures and data security policies, you can feel confident that all transactions are 100% secure.  

Affordable outsourcing solutions for the legal industry

Expand your law firm’s bandwidth and capabilities with tailored BPO services that cut costs and save time. Services can be customized to meet each client’s requirements, and include:

  • Live web chats
  • Appointment setting
  • Inbound and outbound calls
  • Accounting and billing
  • Claim filing and processing
  • Lead generation
  • Data entry
  • Litigation research
  • Document coding
  • Social media support
  • 24/7 customer support

Scalable BPO legal services from Executive Boutique

Executive Boutique Call Center provides cost-efficient BPO services for attorneys, legal departments, and law firms worldwide.  We are located in the Cebu IT Park office complex and leverage top-level talent at incredibly affordable rates. Tap into our industry expertise and flexible service delivery models to increase efficiencies and improve your bottom line.

EB Call Center is a trusted Philippines business process outsourcing partner. To learn more about our suite of services and fee structure, please call our office for a free quote.

Read More »

What is BPO in the Insurance Industry?

Economies of scale are a key concept for any business trying to gain a competitive advantage. Companies within the insurance sector are no exception. Stringent regulations and cut-throat competition have pressured many insurance agencies to look outside the box for more flexible business models. Outsourcing is one strategy that provides great flexibility to scale up as needed while improving customer experience and satisfaction levels.

When profit margins are shrinking, and skilled manpower is too expensive, outsourcing non-critical tasks can be an efficient solution. BPO service for insurance companies lets your agency achieve economy of scale by increasing production and lowering costs.

Customized BPO services for insurance companies

Business Process Outsourcing (BPO) services are meant to be an extension of your own company. Whether you need to scale up for a short-term campaign or want to grow your company’s brand without incurring high operational costs, your specific needs and goals can be met. Established BPO providers can develop a service package that is customized and doesn’t tie you down with lengthy contract terms.

As an example, EB Call Center in the Philippines features service contracts on a month-to-month basis, with zero set-up fees. Agents are college-educated, speak fluent English, and leverage extensive expertise in their chosen field, be it IT, customer service, accounting, or data analytics.

Outsourcing means access to not only talented agents but also state-of-the-art technological infrastructure.  Customer queries are seamlessly handled through omni-channel platforms, including social media, email, phone, texts, and chat.

Achieve a global presence & boost in-house efficiency

BPO offers another vital advantage to companies within the insurance industry–a global presence– that operates across various time zones and in multiple languages. Call center agents are available around-the-clock, 365 days a year. It’s no secret that exemplary service drives customer loyalty. Answer calls and resolve disputes promptly and watch your business thrive.

As market demands fluctuate, you want the capital and manpower to stay agile, without spending valuable time and money on repetitive office tasks. Hiring a peripheral staff to handle back-office needs like renewals processing lets you concentrate on essential initiatives to take your company to the next level.

Whether your company offers Annuity insurance, Life Insurance, or Property Insurance, there are a host of back-office tasks that can be outsourced:

  • Appointment setting
  • Customer inquiries and resolution
  • Bill payment and processing
  • IT support
  • Policy changes and verification
  • Underwriting support
  • Claims processing
  • Accounting
  • Data entry and management
  • Customer loyalty programs

Executive Boutique for insurance back-office needs

Executive Boutique Call Center is a trusted third-party Philippines business process outsourcing center. Our professional agents are experts in their niche and well-versed in insurance industry best practices and regulations. Realize the long-term benefits of our affordable solutions to help your business maximize revenue while lowering operational costs.

Find out how EB Call Center can help your insurance company quickly scale and grow. Reach out to request a free quote.

Read More »

Stay Competitive with BPO Travel & Tourism Services

According to recent statistics, travel and tourism contributed close to 2.9 billion U.S. dollars to the global GDP last year. Dozens of different industries– ranging from transportation and hospitality to hotels— incur significant capital expenditures to stay relevant in an ever-changing market.

Further, the COVID 19 crisis has had a significant impact on travel and tourism worldwide, forcing businesses to respond with thoughtful strategies on how to recapture a market once safety concerns subside. In the end, it is all about delivering an amazing holiday experience along with seamless customer service– but how do companies achieve this in a post-pandemic environment?

Business process outsourcing allows hospitality and tourism businesses to move beyond survival mode during these disruptive times. BPO travel and tourism services are not only incredibly cost-efficient, but they can also help ensure better customer satisfaction– increasing bottom-line performance. 

Outsourcing processes like booking and reservations, general customer support, and accounting can take an enormous burden off of internal staff. With more time and resources available, travel agents, railways, airlines, tour operators, hotels, and car rental agencies can create more value in everything they offer.

Custom BPO services for the travel & tourism industry

A qualified BPO provider can help your business strengthen customer relationships, enhance operational efficiencies, and adopt the latest technologies, without investing huge sums in new infrastructure or employees.

Outsourcing non-core duties enable hotels, tour operators, and other travel titans to focus on sustainable growth, repeat business, and ways to improve profit margins.

Scale your operations with affordable call center services, which can be customized to your needs.

  • Payroll processing
  • Data management
  • Refunds
  • Ticketing
  • Hotel and vacation rental reservations
  • Itinerary changes
  • Customer support
  • Email and live webchat
  • Loyalty program management
  • Promotion of products: upselling and cross-selling
  • General inquiries
  • VIP customer assistance
  • Fraud Verification/monitoring

BPO drives operational efficiency

Companies within the travel and hospitality industry turn to BPO for a variety of reasons:

  • Access to 24/7 customer support
  • Business hours extended regardless of time zone
  • Lower operating costs
  • Streamlined workflow across departments
  • Multi-channel customer support
  • Ability to offer more competitive pricing
  • Resources to strengthen and expand your brand
  • Access to PCI compliant technology
  • Advantageous cost-performance ratios

Travel industry outsourcing = competitive pricing and higher revenue

Whether your customer needs to reschedule their flight, book a hotel, or make some last-minute itinerary modifications, EB Call Center is positioned to offer world-class support. Our Philippines business process outsourcing call center provides round-the-clock customer assistance that lets travel and hospitality operations drive their business forward. With our cost-efficient BPO services, you can achieve much-needed scalability while adapting to your customer’s changing expectations and values for a flawless experience.

We offer a broad range of back-office and support services that can improve customer loyalty and retention. Our highly trained agents have an in-depth understanding of the tourism industry and become a seamless extension of your travel business. Call today to request a free quote.

Read More »

Outsourcing Services in Higher Education Helps Ensure Financial Viability

Higher education, like all sectors, has been upended by the coronavirus pandemic. As increasing numbers of colleges and universities have shifted to remote learning, while many others are considering holding virtual classes for the foreseeable future. In addition to grappling with the practical considerations of developing an online learning environment, most campuses have already enacted temporary furloughs and pay cuts.

The most pressing challenge for the majority of higher education institutions involves cash flow. As colleges lose income from housing fees, dining costs, and other revenues, they are also grappling with a slew of expenses, ranging from tuition reimbursements to refunds for unused housing and dining. This past March, California’s university system incurred $558 million in unanticipated expenses. Other state and private universities have suffered similar economic losses.

Higher education institutions– faced with uncertain futures– will need to restructure their operations to stay afloat, and many could benefit from outsourcing administrative and marketing tasks to a third-party provider or call centers. From creating and running email marketing campaigns to performing calls to potential donors, outsourcing allows colleges and universities to cut costs while helping to ensure their long-term financial viability.

Outsourcing offers flexibility and cost savings

Many institutions are already running at a deficit– ill-equipped to pour resources into fundraising or student recruitment services. Outsourcing services in higher education can help close the financial gap, giving universities and colleges access to a highly-trained, tech-savvy staff, and technological infrastructure at reasonable rates.

With less focus on back-office processes, higher education institutions will have more time and resources to rethink their strategies for effective recruitment, student services, counseling, career development, and remote instruction.

What services can be outsourced in higher education?

Even before the global pandemic, financial pressures have led many colleges and universities to adopt outsourcing as a viable remedy to reduce costs while improving services to remain competitive. Contracting out these administrative processes allows institutions to concentrate on their core competencies. They are then allowed to focus on developing standards for quality education that attracts new enrollments and bolsters alumni endowments.

Schools can take advantage of outsourcing providers that bring the latest technology and expertise to the table. Staffed by English-speaking agents who specialize in different service areas, call centers bring economy of scale.

In many cases, services can be contracted for a fraction of the cost of hiring in-house employees. Outsourcing services may include:

  • General inquiries
  • Admissions
  • Registrations
  • Enrollment
  • Course subscriptions
  • Appointment setting
  • IT help desk
  • Student support services
  • Alumni & marketing support
  • Data collection & management

Discuss the benefits of outsourcing higher education call center services with a Philippines business process outsourcing center such as Executive Boutique. Call to request a free cost estimate and find out how we can help you.

Read More »

Real Estate Outsourcing 101

The real estate industry is in the throes of massive transformation. Volatile market forces mean that companies must adopt new strategies to become agile and gain a competitive edge. Outsourcing real estate services on a contract basis allows agencies to maximize productivity while reducing day-to-day operational costs.

What is BPO in real estate?

In this context, real estate BPO refers to business process outsourcing, not broker price opinion. Outsourcing means delegating tasks and back-office processes — usually on a piece-meal basis — to an organization outside of your agency. The business practice of outsourcing has been around for decades, praised as an effective cost-cutting measure. Call center employees would take on administrative tasks like appointment setting, data entry, and payroll processing.

Today’s BPO providers have broadened their expertise and manpower, offering specialized knowledge in areas like IT services, cloud-based technology, and market research.  This has dramatically improved the quality and breadth of available real estate outsourcing services.

Outsourcing specific components of your back-office operations relieves your internal team of tedious administrative work. This allows your company to deliver better service and focus more time on enhancing core competencies.

Advantages to outsourcing back-office tasks

While the cost of hiring an outsourced provider is much lower than keeping internal staff, the knowledge and quality of work are not. Real estate and property management companies have access to specialist expertise and state-of-the-art technology.

  • Access to a diverse skill set: Outsourcing providers maintain a highly-educated workforce who boast specific areas of expertise, be it finance, IT, customer service, or market analyses.
  • Ability to increase scale:  Augment your team (while saving on labor costs) for large projects on a short or long-term basis.
  • Increased productivity: access to leading-edge technologies and a strong talent pool help to drive informed decision-making and improve efficiencies
  • Cost optimization: Outsourcing real estate services to a call center in the Philippines lowers your capital requirement. There are no recruitment or training expenses, and companies will get the same level of service at a fraction of the cost.
  • Improve customer focus: By streamlining internal processes, companies can refocus their time on enhancing the customer experience.

What services can a real estate business outsource?

There are many tasks that can be outsourced in the real estate sector to improve flexibility, control costs, and create a more robust business model for the future.

  • Outsourcing real estate cold calls
  • Payroll processing
  • Accounting
  • Customer support
  • Lead generation
  • Live web and app chats
  • Data entry
  • Content marketing
  • E-filing services
  • Customer surveys
  • Email campaigns
  • Sales support
  • Market research

Real estate outsourcing Philippines

Supercharge your real estate venture with Executive Boutique Call Center. Our Philippines business process outsourcing team leverages the skill set, knowledge, and experience to position your company for growth. To learn more about our affordable BPO for real estate, call for a free quote.

Read More »

Benefits of BPO Services for E-commerce

E-commerce titans like Alibaba and Amazon forever changed the landscape of the retail industry, letting consumers purchase everything from electronics and clothing to household items with the click of a button. The booming success of ecommerce startups has proven that people prefer to shop online, as it allows them to access goods and services 24/7, from the comfort of their own home. It’s no surprise that, over the next 20 years, more than 95 percent of all purchases will be done via ecommerce.

This rapidly growing industry, which comprises over 45 percent of all retail growth, means competition is fierce. Online merchants must be able to adapt and embrace new technologies and strategies to improve customer retention and stay relevant. How can online businesses reach new markets, attract more customers, streamline sales, while improving personalized support in the process? For some companies, the answer lies in ecommerce BPO, which stands for Business Process Outsourcing.

What is ecommerce BPO?

Online businesses require innovative ways to scale down back-office expenses while pushing their companies to the next level. Ecommerce outsourcing services help just this purpose by taking over time-consuming and/or labor-intensive tasks at a fraction of the cost. This can include a wide scope of tasks from customer support and order processing to inbound call responses.

When outsourcing important ecommerce functions, you gain access to highly qualified professionals who have extensive experience in customer service. There is no training or investment in new infrastructure, which frees up capital that can be funneled into core initiatives aimed at growing your business.

There are a multitude of customer service functions and back-office tasks that can be outsourced to optimize productivity and increase your bottom line.

  • Voice, email, SMS, social media and chat support
  • Data entry services
  • Order processing
  • Inbound and outbound calls
  • Managing customer surveys
  • 24-7 customer service
  • Invoice and payment processing
  • Product indexing
  • Lead generation
  • Up-sells and cross sells
  • Claim management
  • Return order management
  • Help desk solutions
  • Order tracking & fulfillment
  • Tech support
  • Post-sales support
  • Overseeing customer loyalty programs
  • Developing PCI-compliant payment portals

Ecommerce outsourcing enables online retailers to stand out with agile, personalized customer support that engages across multiple channels with industry-specific expertise. The result is higher rates of customer satisfaction, as well as increased cost-efficiency.

Stand out with eCommerce outsourcing

E-commerce BPO services offer numerous advantages:

  • Savings on personnel, technology, and infrastructure
  • Access to the latest technology
  • First-class omni-channel customer support
  • Increased productivity
  • Flexibility to size up quickly and cost-efficiently

In order to truly succeed as an ecommerce business, you need to have higher quality services and offerings than your competitors. Customers want a seamless experience across all channels and platforms; they want prompt responses to emails and queries, and they want to feel important and valued.

It takes more resources, effort, and manpower to attract new customers than to retain existing ones, which is one of the easiest profit strategies around. With ecommerce BPO services, businesses don’t need a huge budget to streamline internal operations or deliver exceptional client support.

Read More »

Grow Your Business with Mortgage BPO

Business Process Outsourcing (BPO) is a cost-efficient way for mortgage lenders to concentrate on improving customer experience, increasing productivity, and responding to regulatory demands. By outsourcing back-office processes, banks and mortgage originators have more time and resources to grow their business while maintaining operational efficiency.

Mortgage BPO takes the high-volume administrative tasks off your plate, allowing lenders to streamline business processes, minimize errors, and, ultimately, increase their revenue stream.

Given the drastic market changes and tough competition, increasing numbers of mortgage companies are outsourcing responsibilities to a BPO mortgage provider. Time-consuming, repetitive processes like accounting, document examination, data entry, and forms processing are expertly handled by a team of highly-trained agents who excel in customer service.

Unburdened by this workload and extra staffing expense, credit unions and mortgage lenders can pivot their energies toward boosting productivity, accuracy, and compliance.

Typical mortgage BPO services

Processing mortgage loans is a multi-faceted task that requires in-depth knowledge and attention to detail. Utilizing mortgage BPO can decrease staffing costs while ensuring accurate 24/7 delivery of services.

BPO services for the mortgage industry are comprehensive and provide immediate scalability for volatile market demands. More than just call center support, these services enable mortgage companies to stay viable in a competitive global landscape:

  • Lien release
  • Credit checks
  • Billing
  • Background checks
  • Title checks
  • Underwriting
  • Document examination
  • Appraisal processes
  • New loan set-up
  • Loan modifications
  • Pre-closing
  • Post-closing

What are the benefits of outsourcing the mortgage process?

For most mortgage lenders, better efficiency and reduced costs are the top advantages. A professional, educated staff is at your disposal – all at a fraction of your current overhead costs. Some of the key benefits of mortgage BPO include:

  • Access to a knowledgeable workforce and 24/7 customer support
  • Lower operational expenses
  • Automated systems to increase data processing efficiency
  • Access to the latest IT technology and infrastructure for data security
  • Streamlining of time-intensive loan processes
  • Faster turn-around cycles
  • Improved flexibility to change with market demands
  • More resources to concentrate on critical activities
  • Higher rates of customer satisfaction
  • Increase top-line growth

What is mortgage BPO? A cost-effective solution

Executive Boutique Call Center provides customizable business process outsourcing for mortgage lenders. We work closely with each client to formulate a strategy that is in line with their goals, budget, and timeline. As a leading Philippines business process outsourcing, we deliver a wide range of services on-time and with a view toward increased compliance, profitability, and customer service.  

Find the solutions to grow your business and keep a competitive edge. Reach out to learn more about our mortgage BPO, or to request a free quote.

For more information about our BPO services, call for a free quote!

Read More »

Gain a Competitive Edge with BPO for Banks & Financial Institutions

Financial institutions looking for cost reduction strategies to promote business growth and long-term efficiencies can benefit from banking BPO. Business process outsourcing is an effective tool for improving customer service, reducing operating costs, and streamlining program administration.

The modern consumer expects their lender, credit union, or bank to offer personal attention, cohesive service, and better customer solutions. The various challenges posed by the COVID-19 pandemic have created an especially difficult situation for the finance industry. How do you deliver first-rate customer service while handling day-to-day operations from a remote setting? The answer lies in banking BPO services.

Banks and lending institutions can outsource a range of functions – from back-office accounting to inbound calls and transaction processing — to encourage productivity, engender loyal customers, and improve overall transparency.

Now more than ever, it’s crucial for banks to be agile, scalable, and connected. The BPO banking process is designed for just this purpose. Outsourcing non-core tasks lets financial institutions deliver faster, more precise resolutions while freeing up time and valuable resources.

What services do banks outsource?

Banking and financial services BPO is a viable tool for credit organizations, private banks, investment banking, retail & wholesale banking, and asset management.

Some of the most commonly outsourced services include:

  • General accounting
  • Netting system operations
  • Application screening
  • Customer support operations
  • Cash flow forecasting
  • Account set-up and management
  • Account closures
  • Bank statement processing
  • Bill payments
  • Check processing
  • Statutory account filings
  • Customer acquisition management
  • Liquidity management
  • Credit evaluation
  • Account verification
  • Anti-Money Laundering analytics
  • Calculating state and federal payroll taxes
  • Transaction process management for loans and credit cards
  • Fraud mitigation and detection
  • Regulatory compliance monitoring
  • IT management

Benefits of banking BPO services

Banking BPO has become an increasingly prevalent strategy to maximize resources and drive down costs. One of the advantages of using a third-party outsourcing partner is instant access to a skilled yet cost-efficient workforce that excels in different capacities. Financial institutions are able to position themselves for stability and growth while focusing on the company’s core competencies.

Some of the primary advantages of outsourcing bank business process services include:

  • Market agility
  • Better quality of customer service
  • Reduced operational costs
  • Regulatory compliance
  • Improved supply chain stability
  • Higher customer retention rates
  • Access to the latest telecom infrastructure
  • Enhanced cross-selling opportunities

Improve agility with Banking BPO services

In today’s uncertain economy, banks need the ability to scale and adapt their services quickly and efficiently. Banking BPO processes provide the means to make that happen. Moreover, BPO services for the financial industry are entirely flexible, offered on a month-to-month basis. There are no start-up costs or long-term contracts, and every campaign is strictly monitored for quality assurance.

To learn more about BPO for banks and lending institutions, contact Executive Boutique Call Center for a customized quote. Our Philippine business process outsourcing call center is PCI DSS compliant and certified.

Read More »