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How to Outsource Data Entry Services

Data is imperative in organizations to respond to changing business environments, make informed decisions, and establish strategic goals. To cope with such dependency on data, organizations need solutions for major concerns related to data processing. These concerns include: High Error Rate : It varies from insufficient training, repetition, deletion, illegible handwritten forms to misinterpretation. Without verification, it can increase to 4%. It means two entries out of five will be incorrect. An acceptable benchmark for data entry error rate is 1% only.   Unoptimized process : An excellent manual data entry speed from documents varies between 10,000 and 15,000 keystrokes per hour. Most likely, the data entry process remains unoptimized in organizations.  Quality Check : It is an integral part of the data process. Organizations have to invest in additional personnel to ensure the accuracy of manual data entry.  Volume : A business may require to go through a large ...

Top 5 Reasons to Outsource in 2022 in the US

 Most enterprises need to decide what part of their businesses to outsource and which part to continue with in-house resources. The decision is simple when it is just about cost advantage. But there are many other unanticipated benefits that an outsourcing partner can provide. To maintain steady growth and improve productivity, companies find a balance between in-house and outsourced resources.  Here are the top 5 reasons for outsourcing in 2022 in the US – 1. Leverage Well-established Procedures Outsourcing providers are truly professionals leveraging existing and new technologies. Companies can in-turn leverage outsourcing providers’ well-established processes to stay competitive in the industry. You can find well-defined and reliable outsourcing models defining workflows for logistics and supply chain, account receivables, payables, data entry, accounting, and others to take care of your tasks. You can select the right outsourcing partner for US accounting services to ensur...

4 Reason Why Your Business Should opt For Business Process Outsourcing

Business Process Outsourcing is increasingly being used by established businesses to improve operational efficiencies. Covid-19 with an increased need for remote teams has further increased the need for business process outsourcing . Many businesses have pivoted over this past year and are managing this economic crisis by outsourcing their business processes to service providers such as ARDEM. Based on these four reasons you can decide on why your business should opt for business process outsourcing from an outsourcing partner such as ARDEM. You Get To do The Task for Less Cost Than You Have In-house Established businesses have continued to grow as an organization because they choose to delegate tasks in place of trying to manage everything in-house. One of the reasons for a business to outsource its business process is to help it achieve cost reduction to Why businesses choose to outsource the work to an outsourcing partner such as ARDEM is because they want to get their work managed ...

Why Data Entry Tasks for Non-Profit Organizations get Outsourced?

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Data Entry Outsourcing is being used by established Non-Profit Organizations(NPOs) to improve their operational efficiencies and reduce cost. Data Collection, Data Analysis, Data Research and Data Entry are effort-intensive  tasks for  organizations. NPOs  need to stay lean to  conduct their fundraising efficiently.  Specific Needs of Non-Profit Organizations Non-Profits need to keep their administrative costs low to attract Donors. Data Entry in the NPO Back-Office is a significant task consuming extra resources and high cost. Non-Profit Organizations outsource data entry tasks to data entry outsourcing companies. The primary benefit of opting for  a specialized outsourcing service is that they can help both improve operational efficiency  service and also help NPOs reduce their costs. Non-profit organizations can outsource repetitive tasks like data entry  finance, accounting and, bookkeeping which consume time and resources. Let us take  ...

How Accounting is Improving with the Outsourcing of Accounts Payables

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There is a constant drive to spend less time on time-consuming and routine tasks to allow more time for executing business strategies. As a result, accounting is evolving through the use of both automation technologies and outsourcing. Accounting departments are constantly under pressure to get more done with fewer people. Among those various time-consuming and repetitive tasks is Accounts Payable (AP). Different Accounts Payable (AP) functions can be outsourced and automated to save time, lower overheads, and increase efficiency. Accounts Payable is a well-defined process that revolves around timely payments to the vendor, 3-way matching, correct charge codes, and reconciliation that requires qualified accounting analysts.  An efficient accounts payable process assures on-time vendor bill processing and getting payments out to your vendors on time. Corporations are increasingly turning to outsource companies for wide-ranging Financial and Accounting tasks, including Accounts Payab...

How Business Process Outsourcing Has Evolved Over Time

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Business Process Outsourcing (BPO) has continued to evolve over the past decades. In the early 2000s, with the rise of the internet, general tasks and processes like calls, customer care and manufacturing were outsourced to countries with lower labor wages. From the 2010s we have started to see even more skilled tasks like programming, software development, accounting and even creative design works being outsourced to take advantage of the labor of growing economies like China, India, and Vietnam. Many companies question why they should outsource or what benefits they would see related to their specific projects and tasks. In order to get you started, we’ve answered some of the most common questions that may be floating through your mind. How is Business Process Outsourcing Different Today? Business Process Outsourcing continues to evolve and grow. From the point of outsourcing of discrete tasks that were part of a larger business process to the outsourcing of the complete business pr...

5 Reasons Outsourcing Data Entry Benefits You

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Data is the lifeblood of every organization. While some companies have the internal resources to manage large volumes of data, not all have this luxury. At times, it can appear that managing the data entry in-house is the best option, however, this can prove to be very time-consuming and costly. A reputed company that can handle a large volume of data and can provide you with an efficient team and tools to manage your data is the best choice for your business. ARDEM has been a reputable outsourcing company, providing cost savings and higher accuracy of data entry for almost 20 years. Outsourcing with ARDEM will enable your internal team to focus more on company growth and productivity.  Outsourcing to an expert, such as ARDEM, can help you to alleviate these five common data entry challenges. Data Entry Outsourcing Reduces your Management Stress Processing high volumes of data requires sizeable teams. The management of staffing and training can be quite burdensome. Outsourcing to a...