Ever since organizations started outsourcing their back office operations to save costs and time, many industries have adopted the outsourcing model for at least part of their business. An immediate impact such as saving money is a clear factor in the decision to outsource, but there are other benefits to outsourcing work. Increased efficiency allows for faster processing and ability…
Mortgage
Hurricane Sandy’s terrifying sweep through the Northeast and Mid-Atlantic left billions of dollars of damage in its wake. As homeowners scramble to estimate the impact and work together to rebuild communities, it’s clear that there will be some-short term and possibly long-term effects on the mortgage industry. The word that describes the industry’s response to the disaster is relief. Mortgage…
Global outsourcing and offshoring of business processes have been adopted within most large organizations today. Organizations have typically outsourced their services to low cost countries while offering quality services and expertise at a competitive price. Understandably, the global outsourcing industry is centered on low cost locations in Asia and Eastern Europe, and the industry’s significant expansion in the past decade…