Business Process Outsourcing companies, like Embark Corporate Services, allows your organization to tap into a vast array of global skillsets from regions with lower labor-costs. This does result in significant labor-cost savings, especially for repetitive or routine tasks such as data entry, customer support and general back-office functions and operations. BPO companies like Embark Corporate Services provide these benefits without compromising on quality and professionalism.
Here’s a breakdown of 4 ways Embark Corporate Services BPO can save you money:
Labor costs are significantly less.
If you run a business in Canada, Australia, New Zealand or another Western country, you know full well the litany of costs associated with a single hiring. Basic administration staff can cost your organization over 60 thousand dollars for a single employee, while BPO’s can provide up to 3-4 times the staffing levels for the same amount. This is because BPO providers like Embark Corporate Services operate at scale, by serving multiple clients and handling large volumes of transactions. BPO spread the fixed costs of employment across a broader base. As a result, the cost per unit of service is often lower than if the same processes were managed internally. This is particularly advantageous for smaller companies, even start-ups particularly, as they may not have the required operational scale to achieve growth not to mention the required financial investment.
Reduced training requirements.
BPO providers have ready access to a pool of experienced staff with specialized skills and expertise. This saves costs on recruiting and the need for in-house training programs. BPO professionals are skilled in a variety of specialized domains allowing companies to benefit from this expertise upfront. This minimizes the risk associated with recruitment companies sending you candidate after candidate, only for the one you choose not lasting very long and the process repeats. BPO like Embark Corporate Services can eliminate these risks by ensuring your company’s work requirements continue unabated while they rotate staff accordingly or where necessary.
Less infrastructure and capital expenditure.
As you’re aware, the costs of employing a person doesn’t stop at the wage bill for a single staff member. Your organization must provide computers, desks, phones, hardware, software, office space and other expenditures to facilitate that one employee. However, Embark Corporate Services already has this in place alleviating that financial burden for your business.
Redundancies are a thing of the past.
BPO provides your company with flexibility because, let’s face it, the world’s economies are precarious and often organizations need to scale down (or up) depending on variables often outside the control of your business. Embark Corporate Services allows companies to avoid having to maintain a potentially underutilized workforce during periods of low demand or economic activity. We know during these times of the cost and stress associated to all parties when redundancies become necessary. Embark Corporate Services can reassign staff or reinstate staff at a moment’s notice.
These are just 4 areas Embark Corporate Services BPO can assist your organization in cost reduction. Perhaps you know other benefits? Well, Embark Corporate Services can certainly assist in other cost saving endeavors as well.
So, it’s just a quick call to give Embark Corporate Services the chance to listen then provide a sustainable solution to all your cost saving endeavors.
