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Key
ingredients to a smooth process migration
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"I
like how you make slight improvements to your reports over
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just creating reporting because someone has asked you to and
it has become a routine for you. Instead, you are aware of
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Beyond
merely asserting ‘Quality is key’
HR outsourcing
market to hit $24.6 billion in 2006 plus strategies for BPO
adoption per Gartner
Mortgage BPO pie to
swell to $1.1 billion by 2010
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| Beyond
merely asserting ‘Quality is key’ |
TOP |
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As
companies rush abroad to cut back-office costs, one fact gets
forgotten in the fray. Costs of small increases in error rates
are enormous and can easily wipe out cost reductions from
cheaper labor. If you can’t quantify the benefits of
quality, you are only paying lip service to it.
Read
more...
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| HR
outsourcing market to hit $24.6 billion in 2006 plus
strategies for BPO adoption per Gartner |
TOP |
Human
resources business process outsourcing (HR BPO) continues to
be a major component of the overall worldwide BPO market, as
worldwide HR BPO is expected to reach $24.6 billion in 2006,
an increase of 4.7 percent from $23.5 billion in 2005,
according to Gartner, Inc. The overall worldwide BPO market is
expected to reach $134.7 billion in 2006, an increase of 8.3
percent over 2005.
Read
more...
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| Mortgage
BPO pie to swell to $1.1bn by 2010 |
TOP |
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With
competitive pressures in key mortgage markets triggering off
cost margin control and outsourcing, the total value of
mortgage BPO delivered from India is estimated to jump to $1.1
billion by 2010, from just $100-150 million at present. The
global mortgage BPO market is currently pegged at $10-11
billion and the industry estimates it to swell to about $22
billion by 2010.
Read
more...
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Think
Tank
Key
ingredients to a smooth process migration |
TOP |
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The
logic of outsourcing of jobs and process from countries like
the United States to countries like India is irreversible in
this age of globalization. Having worked in the United States
and the Philippines; I have now made India my home and worked
with Motif over the last five years. The over all quality of
life is so much better than what was offered in the US.
With a resident American trainer, companies
like Motif bring a seasoned individual who provides client
comfort and assures a smoother migration of process from the
over seas location to an off-shore environment. Not many
companies in India can lay claim to having someone on board
that can honestly say, “Been there, done that”. I have
been in the training and migration area of the business for
over 15 years and have successfully migrated several large
operations to our facility in India. This is a skill, which
like anything else, takes years to perfect. It takes more than
an excel sheet with a checklist to make sure that all is
accounted for - it’s the experience of an Americanized team
that can offshore a process from beginning to end - using very
solid process mapping procedures that were developed from real
experiences.
At a real high level, when migrating a
process, our team first identifies if the business is a good
match for the client and Motif, so there is a benefit on both
ends. Then, I lead a team of process migration experts that go
into a client’s facility and see what processes we can
migrate offshore and best identify how these processes can be
moved with full transparency to their customer. This is one of
the key areas that require an American understanding of the
clients business. We want to make sure that at no time what so
ever the client’s customers are impacted and that the
transition from the US operation to the offshore operation is
seamless. By remaining in India, I can handle any one off
situations in a timely fashion so there is no delay in getting
resolution to our end client. It takes a true “Been there,
done that” type of environment to be able to say after 5
years that we have 100% client retention track record.
Richard S. Van Pelt
The author is the Vice President, Training and Process
Migration of Motif, Inc. (www.motifinc.com),
a specialized BPO (Business Process Outsourcing) company
providing back office transaction processing services which
require decision making and personalized customer support
services to Fortune 500 clients with a five plus year track
record of 100% client retention. Richard brings to Motif over
fifteen years of experience as an international call center
trainer.
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| About
Motif |
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Motif, Inc. is a specialized business process outsourcing
company serving Fortune 500 clients. Motif has demonstrated
expertise in rules based back office transaction processing,
which involves decision making and personalized customer
support services. Our services include Shareholder services,
Financial services - 401(k) Reconciliation services, HR
services - Benefits administration and Retirement services,
eCommerce Customer Support services, Mortgage services and Internet Research
& Analysis.
www.motifinc.com
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