BruntWork.co, an outsourcing firm specializing in sourcing full-time remote staff, announced a milestone of 2136 clients as it continues its rapid growth in 2023.
Companies outsource their workforce for various reasons, such as cost savings, specialized skills, and flexibility. According to a Deloitte survey, 78% of companies outsource to reduce costs, while 59% do so to gain access to expertise. Outsourcing allows businesses to focus on core competencies while leaving non-core tasks to external providers. As the global outsourcing industry is projected to reach $405.6 billion by 2027, it underscores the continued importance of outsourcing for companies seeking to stay competitive.
Companies increasingly turn to the Philippines for outsourcing as they aim to cut costs without sacrificing work quality. With its highly skilled and multilingual workforce, diverse services, and favorable business environment, the Philippines presents a smart move for companies seeking a competitive edge.
BruntWork, a leading business consultancy firm, offers tailored outsourcing solutions to help businesses capitalize on the numerous advantages the Philippines offers.
BruntWork: capitalizing on Philippine outsourcing advantages
Outsourcing to the Philippines offers significant cost savings and operational efficiencies. The country’s well-educated and English-speaking workforce allows companies to maintain high service standards and tap into the specialized expertise of local professionals. According to the Philippine Statistics Authority, in 2020, the country’s literacy rate was 98.4%, with 84.7% of the population completing secondary education. Additionally, the Philippines ranks fifth in the world for English proficiency, according to the 2021 EF English Proficiency Index.
For an employer, these statistics are vital because they provide insights into the quality of the workforce that will be performing the outsourced tasks. High literacy rates and educational attainment levels indicate a strong foundation of skills and knowledge that can be leveraged to deliver top-quality work. Additionally, strong English proficiency skills enable effective communication between the outsourced workforce and the employer.
BruntWork’s strong focus on delivering tailored outsourcing solutions helps companies take advantage of the unique strengths of the Philippine market. With the help of BruntWork, many businesses have been able to streamline their processes and maximize their resources, making outsourcing to the Philippines a viable option for those who wish to maintain a competitive edge.
The future of outsourcing in the Philippines
The rapid advancements in technology, particularly in the field of artificial intelligence (AI), pose potential challenges for the outsourcing industry. These challenges may lead to significant shifts in the demand for human labor. However, the Philippines has demonstrated adaptability and the ability to remain competitive amidst these changes.
By partnering with a trusted consultancy firm like BruntWork, businesses can navigate these changes and capitalize on the opportunities in the Philippine market. The agency’s comprehensive understanding of the local business environment and government regulations simplifies the outsourcing process, mitigating potential risks and challenges. Through its strategic guidance and support, BruntWork provides valuable insights into optimizing operations and overcoming potential hurdles.
The key to streamlining business operations
Outsourcing to the Philippines in 2023 presents a compelling opportunity for businesses seeking a competitive edge in the global market. BruntWork’s expertise and offerings provide a solid foundation for companies to identify the best outsourcing opportunities in the Philippines, ensuring success and growth.
By partnering with a knowledgeable consultancy firm like BruntWork, companies can optimize their operations, reduce costs, and enhance their overall performance. With a well-educated and English-speaking workforce, the Philippines presents a prime location for outsourcing that can help businesses maintain high service standards and capitalize on the specialized expertise of local professionals.