The number of businesses in the United States and other countries that have outsourced jobs to India has been staggering. One of the main reasons behind this growing trend is the number of talented workers in India who are performing business tasks for a mere fraction of what they would cost in the West. Price is not the only factor. There are many other reasons why India is the prime choice for outsourcing.

The English Language

Due to British colonization, many Indians can speak fluent English. This is one big advantage that other Asian countries don’t have. No intepreters are required, there are fewer misunderstandings and business communication can flow freely. This is why the call center industry has exploded in India. Customers calling from Canada, the United States and Britain can make inquiries and voice their concerns with ease. Despite the use of different idioms, Westerners generally don’t have to worry that the person on the other end of the line will be speaking in an unintelligible language.

Highly Educated Workforce

The Indians have proven themselves to be quite adept at developing software, and the quality of the work is being recognized as meeting acceptable international standards. Western companies are also finding the Indians useful for performing other tasks relating to financial reports, accounting, tax processing, photo editing services and more. Computer literacy among Indian workers is high and this is what gives the country a leg up on the competition. Universities are adding more graduates to the pool of skilled workers each year and seeing as they are young, they can adapt to change more easily.

More Open to Doing Business

Up until reforms began in 1991, India was seen as an almost impossible market to crack. The License Raj was put in place after independence in 1947, and the rules were so confusing and hard to navigate that it’s no wonder the country’s economic progress was minimal. Indian leaders knew they would be in serious trouble unless they made some big changes quickly. Today, foreign investors are coming back to India in droves. Companies that were once prohibited from setting up operations are being allowed to enter the market. India’s legal system has been influenced by the British colonialists and Western businesspeople feel more comfortable in this type of environment.

A Matter of Geography

India is located in a rather convenient time zone. At about the same time as American workers are heading home, the Indians are waking up. Somebody in the U.S. who can’t work late can send jobs that need to be finished to India. By the next morning, they will be completed.This is great for productivity, because the work continues and fewer tasks are overlooked.

Source:http://www.sourcingfocus.com/index.php/site/newsitem/2687/

Payroll is one of the most important operational aspects of a company and in most companies it is directly linked to the net incomes of the business establishments. In brief, payroll management is the sum of all financial records—salaries, bonuses and deductions which are inclusive of taxes. The last few years have shown a staggering increase in the number of companies opting for payroll outsourcing. This form of business practice is known to reduce the costs of employing in-house payroll executives along with the costs required to set-up software applications and other systems.

Payroll management is, ideally, a part of the human resource department functions and its main role is to ensure that all the employees of an organization are correctly and timely paid. Most companies today rely on external HR services to meet their payroll management and other human resource strategies.

Hence, the popular concept of ‘payroll outsourcing’ involves an external organization handling all the human resource activities on behalf of the company. The list of benefits associated with payroll outsourcing has enabled it to become one of the best business practices of the 21st century corporate world. The main aim of payroll outsourcing is to deliver cost-effective payroll services and to keep a check on the legal strings attached with the payroll processing of a company. The end results of payroll outsourcing are high quality company payroll services and an improved ‘focus’ on strategic business planning. In a business organization, payroll processes are usually time-consuming, outsourcing of these procedures provides the staffs with extra time that can be used in core business processing.

By outsourcing payroll to an external human resource agency, an employer is usually freed from the clutches of governmental taxation penalties as these concerns are often taken care of by the outsourcing company. In addition, payroll management requires minute detailing, indexing and tracking of each employee’s file and the overall company accounting— hence, roping in an efficient outsourcing company generally answers to all the woes of an employer.

Another important aspect of payroll outsourcing is that it enables the company to maintain confidentiality of compensation offered to employees. In a typical human resource department of an organization, the payroll management vertical is needed to install up-to-date version of payroll software in order ensure that correct tax tables are in place for accounting purpose. The valid reason behind this is that improper accounting can attract legal penalties and unfavorable reactions from employees who are the pillars of a company.Last but not the least outsourcing companies have hands-on industry experience with an up-to-date market survey analytics which make payroll management outsourcing advantageous to various employers.

An outsourcing payroll company is an external body attached to a company.Unlike internal payroll management executives, it does not divulge out the internal business knowledge and strategies. Payroll outsourcing has proved to be beneficial to all sectors of business organizations across all the industries.

PeopleStrong, India’s leading HR BPO, offering Human Resource outsoucing (HRO) services. We provide Payroll management, recruitment process outsourcing and HR outsouring.

Source:http://free-pressrelease-distribution.com/yield-high-profits-with-payroll-outsourcing-2738192.html

As long as law enforcement agencies have been dealing with recorded audio and video, there’s been a need for law enforcement transcription. Despite advancements in technology, those pieces of audio and video that are entered into evidence or as part of an investigation still need to be transcribed for reasons of documentation and clarity.

The responsibility for transcription has commonly fallen on the shoulders of those professionals that require the work; law enforcement agencies, attorneys, public defenders, prosecutors, security companies, and others.

Unfortunately, over time the caseloads for law enforcement agencies have increased while there has been no increase (and sometimes a decrease) in personnel to manage the work and influx of forensic transcription.

Budget cuts have made it virtually impossible for many law enforcement agencies to bring on additional staff to assist with the translation and transcription, creating a nightmare of labor costs for many divisions.

Security Concerns

The possibility of outsourcing forensic transcription is one that is routinely discussed in many agencies, but many have reservations about utilizing outsourced services, particularly when delicate evidence in audio and video is concerned.

In the past many agencies were wary about sending out hardcopies of audio and video to be handled by a law enforcement transcription company when considering the potential of that content becoming 搇ostor corrupted.

Likewise, the more hands an item passed through, the greater the chance of the material becoming damaged or leaked especially to the media. These security concerns have encouraged a number of agencies to retain the transcription and translation work in house.

As technology has advanced however, new and far safer methods make it extremely simple to get the necessary content to a transcription service; Audio and video content can be uploaded to a secured server managed by the transcription service.

This secure upload makes it easy to monitor and maintain who has custody of the content because it passes easily from point A (the law enforcement agency that requires the transcription) to point B (the transcription service).

Reeling Budget Considerations

With the economical upset across the nation, many law enforcement agencies have suffered severe budget cuts that cost them both personnel and equipment. As such, it’s been extremely difficult for many of those agencies to justify paying an additional cost for outsourcing forensic transcription.

For many transcription services, it is common to charge by the line or by the page. Unfortunately it’s often very difficult to determine how many pages an interview will leave you with once it’s transcribed. There is another option that can make budgeting easier for law enforcement agencies, and that’s to opt for transcription services that charge by the minute.

That means if an agency needs transcription for a 46 minute interview whether in audio or video format – then the agency is charged for 46 minutes.

The Real Benefit of Outsourcing Law Enforcement Transcription

The real problem facing law enforcement agencies, and any agency involved in the criminal justice system that is subject to strict budgets, is that in-house transcription takes up a tremendous amount of time and man power to complete.

Many agencies oppose outsourced transcription services because they fear the cost, as mentioned previously, but they don’t consider the actual cost of keeping that transcription in-house. Their intention is to save money by keeping transcription in-house but unfortunately that decision is costing some agencies a great deal of money.

Salaries/Wages

Paid to those employees, secretaries, etc. who are required to transcribe the data sometimes in the form of overtime depending on the case load.

Management Expenses

Transcriptions typically need to be reviewed for accuracy and tracked to ensure that they are being completed in a timely manner. This can take time away from those in positions of authority within the department or agency.

Cost of Information Technology

The cost of purchasing and maintaining software and hardware plus the training of employees and personnel to utilize the equipment for audio and video transcription

Overflow and Delay Costs

There are inevitable times when delays occur which can pose significant problems to law enforcement cases where a deadline is concerned. Often the overflow and delayed material winds up in the hands of an outsourced company. Due to a looming deadline and thus a rapid turnaround requirement, the cost for such a service is often higher.

A Viable Alternative

Forensic and law enforcement transcription & translation outsourcing have become one of the primary ways that many agencies are finding budget relief. With skilled outsourcing to a service that employs trained forensic transcriptionists, law enforcement agencies gain a number of benefits:

Reduced man hours of on-site personnel

Elimination of the need to hire additional personnel to meet demands

Improved quality of the transcribed content

Reduced delays in transcription (rapid turnaround)

Outsourcing of forensic transcription means that far more agencies will be able to put their personnel where they belong focusing on the agency’s primary responsibilities. With skilled outsourcing, law enforcement agencies, security companies, and so-on can trim costs because they are able to get transcripts completed on time, thus meeting the demand of an increased case load without the need to hire more staff or force current staff to burn the candle at both ends.

The new age of digital transcription via the web has given law enforcement agencies, public defenders offices, security companies, and others a means of maintaining the security of their data as it’s being passed off to trained forensic transcriptionists, and a rapid turnaround on those pressing cases that need to be handled quickly.

Source:http://www.articlecity.com/articles/legal/article_2571.shtml

Accenture said it has signed a five-year application outsourcing agreement with DnB NOR to develop, implement and manage a range of applications that support the company’s life and pension insurance operations in Norway.

Financial terms were not revealed.

As per the terms of the deal, Accenture will support new and existing applications that manage DnB NOR’s defined-contribution pension plans business, including policy administration applications. Accenture noted that the agreement is designed to help DnB NOR improve service for its customers and drive growth in a key sector, while reducing information technology costs.

Source:http://www.rttnews.com/Content/QuickFacts.aspx?Id=1430086&SM=1