AreGet ready to have your mind blown by IT services examples! With the booming IT outsourcing market set to hit a massive US$512.50 billion in revenue by 2024, companies are turning to external experts for innovative solutions that give them a serious competitive advantage. Businesses rely heavily on IT services to streamline operations, increase efficiency, and accelerate growth. While cloud computing and cybersecurity are well-known, a new category of IT services is emerging, introducing advanced solutions that challenge conventional boundaries. Whether it’s AI-powered chatbots that understa ..read more

As a business owner, you’re always looking for ways to streamline your operations and get more done with fewer resources. Did you know that 24% of small businesses outsource to improve efficiency? You’re probably curious about the different types of outsourcing that can benefit your company. From boosting productivity to reducing expenses, outsourcing has become a popular tool for improving operations. However, choosing a suitable outsourcing model can feel overwhelming with many options. Don’t worry! This article will help you understand the different ways you can outsource tasks. Whether you ..read more

Small and medium enterprises (SMEs) drive significant economic productivity and employment but struggle with high operational costs. With such constraints, investing in costly new technologies and innovations for growth becomes extremely difficult. Fortunately, SMEs can explore outsourcing vs offshoring solutions as viable strategies to reduce costs and free up resources for adopting emerging technologies.  A survey believed that 70% of businesses’ primary reason for outsourcing and offshoring is to reduce operational costs, enabling them to channel their resources more effectively by foc ..read more

Are you tired of the constant hassle and headaches of managing your in-house accounts payable team? Look no further and outsource accounts payable. It could be your business’s game-changing solution. The accounts payable outsourcing services market is projected to reach a staggering multimillion-dollar valuation by 2029. This impressive growth shows that businesses increasingly need efficient and cost-effective accounts payable management solutions. Managing accounts payable is essential for a successful company. However, it can become a burden because of the constant flow of invoices, vendor ..read more

As your business grows, integrating technology to automate processes becomes essential. The challenge arises if you find it difficult to provide technical support while managing core operations. You may have heard about technical support outsourcing as an option since hiring an in-house support team to handle technical support is associated with significant financial investment that may burden small and medium enterprises (SMEs). When you hear outsourcing or partnering with a third-party service provider, you may think it’s costly, especially for start-up SMEs. However, research shows 59% of c ..read more

Frequently viewed as a behind-the-scenes cost center, the Accounts Payable (AP) department is an often overlooked and underestimated process. Its primary role is to disburse funds for outgoing payments to suppliers, bills, and other expenses. However, the accounts payable services department goes beyond just disbursing funds.  Without it, businesses may risk delayed payments that may strain supplier relationships. According to the 2022 State of AP Report, 84% of vendors valued the most timely payment, followed by payment accuracy at 67.2%. The accounts payable department does vital work t ..read more

What is the secret to thriving in the booming eCommerce landscape? Accurate and efficient eCommerce data entry. With online sales expected to make up 22.6% of retail by 2027, accurate product information, orders, and inventory are crucial for success.    Only accurate data can lead to happy customers and lost sales. Efficient eCommerce data entry is vital for online business success. It ensures smooth operations and customer satisfaction.   Managing data entry in-house can be a headache, from errors to time-consuming tasks that distract you from growing your business. To take yo ..read more

In the digital age, a safe online community is very important. One way to do this is content moderation. This assures that user-generated content (UGC) meets guidelines and sets community standards. This article will delve deeper into content moderation, the types of content moderation, the tools used in the process, and everyday challenges. We will also include some advice from Magellan Solutions experts, who will, in one way or another, seek to expound on the meanings of content moderation in building a safer digital space. Let’s dive right in! What is Content Moderation? This process contro ..read more

Are you tired of wasting countless hours entering data into your CRM system? Did you know that sales representatives spend 65% of their time on administrative tasks such as repetitive data entry, leaving only 35% dedicated to actual selling activities? That’s a significant chunk of lost productivity and missed opportunities.  With this, there’s a pressing need to streamline and automate data entry processes that consume valuable selling time; this is where automating CRM data entry services comes in. Through automation, businesses can reclaim countless hours lost due to manual data entry ..read more

Did you know? Your website is often the first thing potential customers see when interacting with your business. Research indicates that 94% of users base their initial impression of your company on your website design, forming their opinion in just 50 milliseconds. It highlights the importance of a well-designed online presence. Having a professional website is essential for businesses. It is your online storefront, a handshake with potential customers, and a powerful marketing tool. But here’s the catch—outsourcing company websites to experts might just be the secret sauce you’ve been missin ..read more