Outsourcing has been around the scene for more than two decades. Despite being a little late to the party, one country exhibited astounding growth in the field: the Philippines.
This Southeast Asian nation is one of the best outsourcing destinations due to its strong government support and outstanding workforce. In 2015, the outsourcing industry hired over a million Filipinos, believing their workforce can amount to $55 billion in revenue by 2020.
Need more reasons to invest in the PH’s BPO industry?
Efficient Operations and Skilled Workforce
When it comes to BPO or accountancy related solutions, trust the PH industry to deliver beyond expected outputs.
Due to the high literacy rate and increasing number of college graduates, the country produces high caliber talent that boasts of quality business skills. Apart from their operational efficiency, Filipinos are also proficient and fluent in English. The PH workforce comes well-equipped and ready to handle the various demands of any account.
Another plus: the Philippines’ pool of competitive and skilled workforce makes business more efficient. Owners who want to save more will benefit from the country’s quality service.
In the BPO industry, accessibility is key. Location is a big factor that makes or breaks a business’ performance.
Investors are in love with the Philippines simply because it’s in the heart of Asia. Situated four hours away from central Asia’s main capitals, it has become an important entry point for the Association of Southeast Asian Nations (ASEAN) market and other American and European businesses.
Supported by the Government
Despite the countless political crises that affected the industry, the Philippines’ BPO industry remains sturdy. The government continues to maintain stability in the field and aims to improve as the years progress. Currently, local government offices are finding more ways to supplement their BPO operations.
If you’re considering investing in BPO, do it in the Philippines. The Pearl of the Orient will not let you down.