Outsourcing payroll to BPO companies
Outsourcing has been running rampant across different industries. From cost-cutting to opening new doors, business executives and industry leaders flocked to the practice of outsourcing.
The practicality keeps companies lining up to take part in outsourcing. Whatever your business’ niche is, there’s a guarantee that you can find a firm to partner with. Nowadays, you can even outsource to independent contractors and freelancers—just one of the types of outsourcing.
All of them are at your disposal if you just know where to look.
A quick rundown of outsourcing
Outsourcing is the act of offloading jobs and responsibilities to external partners. This practice allows you to move freely with no resource-related restrictions. Companies that outsource can expand their departments and operations with little hassle. They could also save resources in the long run. The quality of their products and services stayed the same, even exceeding expectations.
Reasons to outsource your payroll department
When you consult your team about outsourcing, get all the information. From the general, well-known reasons to the more specific ones, you need to know what’s in it for you.
We consider payroll a back-office job. Most, if not all, payroll associates don’t face clients or customers. Most people consider a role a back-office job if it doesn’t involve tasks that involve clients and customers.
It comes as no surprise that outsourcing is one of the most effective ways to cut costs. It would halve overhead expenses in no time. When partnering up with third-party firms, the agency would shoulder all the other expenses. The office space, workstations, onboarding, even health insurance, and payslips.
When signing up with an outsourcing firm, they will introduce your company to your offshore employees as a major account with you as their client.
Outsourcing allows you to focus on core tasks.
As implied above, outsourcing will allow you to move freely. This means that you can focus on your company’s core business and strengths. By solidifying your organization’s primary duties, you are least likely to be surpassed by competitors.
These core tasks cannot be outsourced, of course. Unless you want to compete with digital nomads and freelancers, it’s better to keep these roles in-house.
Bigger talent pool
You’re about to open a lot of opportunities when you choose to outsource. You’ll find more qualified employees and contractors when partnering up with outsourcing companies. This is because they have access to unlimited resources when it comes to the labor force.
Outsourcing gives you a chance to reach out to talents far away from you.
The BPO industry in the Philippines
According to a local news source, the Philippines had remained to be the world’s call center capital. That’s just to say that most raging central business districts in and out of Metro Manila have the most prolific BPO companies out there.
SixEleven has been in the industry for over 15 years now. The founders have chosen to move away from the bustling cities of NCR and settle in Metro Davao. From 20 seats in 2005 to over 3000 seats today, SixEleven continued to serve its clients with best practices in outsourcing.