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The Philippines has become an alternative destination for low-cost Business Process Outsourcing (BPO) services to provide high-quality assistance at competitive price points. In terms of revenue, the country’s BPO industry is expected to increase to $28.8 billion this 2021. It will be a huge financial miss for companies not taking the opportunity to outsource in the country.

Sourcefit brings huge cost savings as it gives access to knowledge and expertise that firms might not have inside their company. Lower cost of service compared to other countries is one of the primary reasons why companies go for outsourcing. Companies can save up to 70% by building a team in Manila particularly in Sourcefit. The wage difference between Western countries and offshore destinations such as the Philippines brings cost savings. Not to mention, other factors such as economies of scale and specialization can also have a significant impact making outsourcing in the Philippines suitable for businesses of all sizes – from Start-up, SME/Mid-market, to Enterprise.

Due to lower wages, businesses can afford to hire staff with much higher qualifications than onshore staff. Outsourcing in Sourcefit can give companies access to knowledge pools that they might not have inside their firms. The Philippines is the 4th largest English speaking country in the world ranked with High Proficiency by the EF English Proficiency Index in 2021 producing over 700,000 college graduates with a 91.6% Functional Literacy Rate annually. Be charged less for high quality work and  focus on your company’s core business competencies!

To conclude, since the Philippines has a low price for availing BPO services compared to other countries, our company additionally offers a lower rate compared to other BPOs in the Philippines.