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SourceOne

3.5/5 • Glassdoor rating

Overview

SourceOne is one of the leading outsourcing entities in Sri Lanka which is the BPO brand of JFS Holdings, providing its finest services to its clients and currently standing with a stable client base in both
Sri Lanka and overseas. SourceOne offers a wide range of comprehensive outsourcing solutions from Virtual Staffing, to Payroll Outsourcing (PEO), to Employer of Record (EOR), to Business Process Management for SMEs and large corporations worldwide.

From its founding in 2014, the team has grown into a strong and competitive player in the outsourcing industry with over 100+ employees and counting. We provide outsourcing options to our clients with the motive of assisting them to achieve their targets successfully in a mutually beneficial way. We mainly emphasize building a
sturdy business relationship with corporate entities and providing them with an exceptional experience.

What SourceOne offers its clients

1. PEO Service

SourceOne as a PEO maintains a co-employment relationship between the client, the employee, and SourceOne. Ideally the service is limited to the companies having their own legal entity in Sri Lanka. It offers customers the essential HR assistance they need, including payroll, benefits, tax deductions, and reporting.
In PEO, the client is responsible for the deployment, choosing the candidate, offering insurance/statutory benefits, and for whole control of the process. As a PEO we provide full-time employees only but offer any number of employees upon our client’s request. On any occasion, if we had to deploy a profile on behalf of our client, the recruitment fee will be only a month’s cost and without any obligation, we will replace SourceOne’s deployments during the first 3 months of recruitment.
The client will be responsible for providing insurance benefits to the employee as well as devices and infrastructure facilities. Nevertheless, the client has the authority in deciding the work location of their employee and if it is not home the client will have to arrange a workplace. And the employee is expected to work 45 hours per week.

2. EOR Service

EOR is perfect for international businesses that require a local employer of record in Sri Lanka to manage all employment-related legalities, payroll, and benefits for their local employees without setting up a legal entity in Sri Lanka. SourceOne serves as a co- employer, enabling the client to concentrate on their primary business operations.
In EOR, the client is responsible for the deployment, choosing the candidate, offering insurance/statutory benefits, and for whole control of the process. The client who gets the service from us has the authority to arrange the work location either from home or client’s rented space in Sri Lanka.
Our service includes full-time employees only, but we offer any number of employees on request and we will charge a fixed rate per resource monthly, and a separate service charge on off the payroll payments like reimbursements, bonuses etc. However, bench staffing will not be provided by SourceOne. The maximum work requirement for a resource will be 45 hours per week.

3. IT Staff Augmentation/Dedicated Teams

This is intended for software companies and divisions that need technical personnel for short-term project requirements or long-term project requirements. CodeOne-X offers qualified specialists who collaborate with the client's existing team to produce top-notch solutions.
When providing IT staff augmentation services, SourceOne will be responsible for the deployment, benefits, and providing devices and infrastructure facilities to the resources. Selection and Control shall be managed jointly.
If the new deployment does not align with the client’s requirements, Source one will provide a replacement to meet the client’s expectations. However, the client retains the power to select their preferred candidate by a final call.
Our staffing solutions will manage both full-time and part-time employees for short-term or long-term projects. Nevertheless, SourceOne provides bench staffing facilities to its clients to cover unforeseen departures etc. Our prices vary according to our rate card.

How SourceOne outshines the competition

JFS is a well recognized BPO entity in Sri Lanka having connected with many global clients for their staffing solutions. We are a very transparent company having awarded & recognized by TAGS Sri Lanka. Also we are a award winning company for the Silver Award by NCE Sri Lanka. Also we are a member of SLASSCOM, ArmCham, ECCSL. We are a registered BPO company in EDB Sri Lanka and we are appeared in Clutch, Goodfirms etc.

SourceOne company structure

SourceOne is one of the leading outsourcing entities in Sri Lanka, providing its
finest services to its clients and currently standing with a stable client base in both
Sri Lanka and overseas. SourceOne offers a wide range of comprehensive
outsourcing solutions from Virtual Staffing, to Payroll Outsourcing (PEO), to
Employer of Record (EOR), to Business Process Management for SMEs and large
corporations worldwide.

From its founding in 2014, the team has grown into a strong and competitive player in
the outsourcing industry with over 100+ employees and counting. We provide
outsourcing options to our clients with the motive of assisting them to achieve their
targets successfully in a mutually beneficial way. We mainly emphasize building a
sturdy business relationship with corporate entities and providing them with an
exceptional experience.

Sample highlight service offering of SourceOne

EOR for $ 200 per person a month
PEO for 30% service fee against CTC

Headquarters

193/3, 2A, Borella Road, Borella Road, Depanama, Pannipitiya, 10230, Depanama, Pannipitiya

Public or Private

public

Seats or staff

150

Revenue

$ 726,386

Industries
  • IT Services and IT Consulting
  • Recruiting Staffing

Details

Year Founded

01/01/2014

Countries of fulfillment
  • Netherlands
  • New Zealand
  • Singapore
  • United Arab Emirates
  • United States
Sectors
  • Full service BPO
Contact information

+94 70 3256 356

https://sourceone.lk/


About SourceOne: Review and comparison

JFS Holdings Limited is a leading and dynamic corporation in Sri Lanka with expertise across four different industries. This company strongly believes in the philosophy of “Thinking Big,” which has driven them to explore a wide range of industries.

Currently, JFS Holdings Limited operates with four fundamental sectors, namely business process outsourcing (BPO), agro-food, information and communication technology (ICT), and extreme sports. 

Its diversified portfolio encompasses nine exceptional brands, each dedicated to providing a diverse range of services ranging from HR solutions to adventure sports facilities.

SourceOne Outsourcing

JFS Holdings Limited started its journey as Job Factory (Pvt) Ltd. on July 12th, 2012, offering recruitment services to companies in Sri Lanka. 

Later that same year, in December 2012, Monsoon Leisure and Adventure Lanka (Pvt) Ltd. acquired JFS alongside Job Factory.

In 2014, JFS expanded its business by establishing its third company, SourceOne Lanka (Pvt) Ltd., which introduced BPO services to its offerings. This enabled JFS to provide a wider range of services to its clients. 

Additionally, in the same year, JFS obtained the license to carry out overseas deployments from the Sri Lanka Bureau of Foreign Employment (SLBFE).

SourceOne’s BPO services and pricings

JFS  proudly presents diversity and the ability to offer comprehensive solutions to its clients across all channels of the industries. 

JFS Holdings Limited’s services are:

  • Search engine optimization (SEO)
  • Website development and mobile app development
  • Information and communication technology (ICT) 
  • Business process outsourcing (BPO) services to both local and international clients
  • Agro-food section
  • Extreme sportys

JFS Holdings Limited pricing

For those interested in availing of JFS Holdings Limited’s services, they may be contacted on their website to begin with a free consultation.

How SourceOne outshines its competition

JFS Holdings Limited excels in different ways. For one, it initiated and completed its largest Corporate Social Responsibility (CSR) project, “Jothiya.” 

The aim of this project was to provide a safe and well-equipped building for the preschool children of Jothiya Preschool in Bandarawela, Ettampitiya.

Back in 2016, JFS merged its two brands, SourceOne and Monsoon, with JobFactory. In March 2017, the company showed appreciation for its employees’ contributions by issuing the first set of shares to 10 of its employees. 

Also, JFS became the largest paintball entity in Sri Lanka, supplying paintballs, equipment, and accessories to 70% of the vendors in the country.

Key executives

Madhushan Raigamage (CEO)

Madhushan is the founder of JFS and currently serves as the Chairman and Chief Executive of the company. He is a highly experienced professional in Human Resources Management with over 20 years of expertise. 

Madhushan was recognized as the Best Human Resources Practitioner among the Managers qualified in PQHRM (Professional Qualification in HRM) in 2012 by the Chartered Institute of Personnel Management Sri Lanka (CIPM Sri Lanka).

SourceOne reviews and comparisons

JFS Holdings Limited earned a 5.0 rating from Facebook and positive feedback from their past employees.

SourceOne’s contact information

SourceOne’s main headquarters is located in:

193/3, 2A, Borella Road, Borella Road, Depanama, Pannipitiya, 10230, Depanama, Pannipitiya

Further, you may virtually reach out the company through the following contact information:

In addition, you may email them at [email protected] or call +94 70 3256 356.

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