Archive for May 19, 2010

Difference between Offshoring and Outsourcing

In this technologically-advanced generation, there are now loads of ultra-modern jargons that laymen cannot easily understand and identify the difference, such as the difference between offshoring and outsourcing. Today, due to the upsurge of the IT and software industry across the globe, a lot of people these days find it really confusing to distinguish between offshoring and outsourcing. Until now, it still is unclear to them if what outsourcing really is as well as offshoring.

Actually, outsourcing is a general term for a business function done by non-employees. It is where a company deals with a third party to do some of the company’s work on its behalf. Outsourcing is an option often selected by big companies to chuck out particular routine work which could be performed by third parties for money. Read more

Legal Process Outsourcing Philippines

Business process outsourcing is here to stay. And with increasing numbers of companies looking for creative ways to earn more without spending more, it is only natural. Take for example the legal process outsourcing Philippines is involved in.

To understand the concept, we should first define what legal process outsourcing is. According to Wikipedia.org, refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company. When the outsourced entity is based in another country the practice is sometimes called Offshoring.

LPO services are a nascent but growing practice, with relatively consistent market growth since early emergence of LPO in 2000/01. Read more

Top Philippines Offshore Outsourcing Companies

Back in the day, the Philippines was still in the dark, racing with other Outsourcing-mogul nations like India and China in vying for the top spot in providing high quality and low cost consulting, offshore software development services. But today it is now one of Asia’s top service providers as far outsourcing and offshoring is concerned.

Owing to the breakthrough success of the IT and software industry in the Philippine islands, the country boasts the extraordinary skills and competence of its citizens in the field of outsourcing and offshoring. Hence, the country is now highly recognized in the outsourcing industry.

They say that with great power comes great responsibility, thus, the Philippines is now ready to face the price of fame. In short, the country is now certainly geared up for much greater expectations and extreme responsibilities and demands from the global community. Read more

Personal Offshoring

Nowadays when money is undeniably insufficient due to the massive global financial crisis, countless people these days are now finding a lot of ways and solutions in order to combat poverty. In fact, some are juggling a couple of jobs at the same time, while others are exploring some sideline jobs available in order to augment their income just to be able to pull through day after day.

A great example of this is personal offshoring. If truth be told, personal offshoring is now gradually becoming the thing in this day and age. Today, more and more people are now trying out this kind of job in order to earn a living or so as to gain some additional income day by day.

Nonetheless, if not managed appropriately, personal offshoring can be a risky business model. For instance, language barriers and communications issues due to differences in time zones can be foreseen as problems. Read more