Outsourcing might just be the wisest business move you make. And choosing a BPO company located in the Philippines is just an added bonus that’s also just as crucial.
The Business Process Outsourcing sector in the Philippines is the most flexible and rapidly expanding industries. It contributes 9 percent to our nation’s economic development and growth.
In 2017 alone, it generated a total revenue of a whopping USD$24.5 billion and is projected to reach a whole income range of USD$40 to 55 billion by 2020.
The Philippines – World’s BPO Hotspot
Since the inception of the first BPO back in 1992, our industry continues to be robust and thriving for the past 27 years.
So what makes the Philippines, the ideal place for outsourcing your business needs?
English is considered our official language with 90% of our total population, conversant in it.
In 2017, we took the 15th spot in the world with a score of 60.59 in the Education First English Proficiency Index. It is no wonder that we are one of the largest English-speaking countries in the world.
Owing mostly to our inclination to the Western culture, where we live, and breathe Western movies, music, and lifestyle, conversing in English with a neutral accent comes naturally to us. Using English as the medium of instruction at schools and universities also helps.
The average age of the Filipino workforce is 22 years old. With approximately 450,000 fresh graduates every year, we have an abundant talent pool.
Also with a younger workforce, they are dynamic, flexible, eager to learn and easy to train. Coupled with the Filipino’s ability to be emphatic, we are the most ideal candidates for outsourcing.
Strong Government Support
In addition to the existing BPO-government collaborative efforts, and in anticipation of the ever-growing need for workers, the government is showing its support by subsidizing training for applicants, matching and upskilling in preparation of our shift to Knowledge Process Outsourcing as well as promoting science, technology and the creative arts to further innovation and creative capacity.
With our relatively inexpensive cost of living, labor rates are only a fraction compared to other countries.
Since operational costs such as office space rental, office equipment, taxes, recruitment services, legal services, etc. are borne by the BPO company, you are already enjoying approximately 60% of savings.
Add to that a Filipino’s strong work ethic, allowing us to provide quality service; you get more value for your money.
If you are looking for a reliable Philippines business process outsourcing company to outsource your non-core, back-office functions to, count on Executive Boutique to deliver top-notch, quality service.
With the help of our highly-trained and professional agents, we are here to help you streamline your operations and increase your productivity. We will partner with you in achieving success.
We offer services from routine data entry to claims filing and processing, to data verification, lead generation, telemarketing and market research.
To find out more, contact us today.