Mid-Size Companies a Growing Sector of BPO Market

    From: Global Outsourcing, Inc. (GO Global )
Media contact: Arlene Hauben
Email: [email protected]; Tel: 305-206-4488


Mid-Size Companies a Growing Sector of BPO Market

/24-7PressRelease/ - MIAMI, FL, December 04, 2007 - The proven advantages of successful outsourcing for small and medium-sized enterprises (SMEs) are getting attention. This sector increasingly requires outsourcing as a powerful business process management tool, though the deployment process is poorly understood and underserved by BPO providers.

According to Cheryl R. Frank, CEO, GO Global, a BPO provider based in Miami, FL, the implementation of outsourcing has been a barrier, but has now been perfected. "The next wave of outsourcing is gaining momentum among small and medium-sized enterprises. It is foreseeable that by 2010 most of the mid-market sector will outsource some departments that handle non-critical activities, such as sales processing, data entry, customer service, accounts payable, and general accounting," says Frank.

Financial and administrative outsourcing is a multi-billion dollar market and one of the fastest growing sectors of the BPO market, according to industry observers. One of the principle motivators for outsourcing in mid-market companies is cost reduction. In addition, outsourcing can noticeably improve competitiveness and value because it allows companies to concentrate on core competencies that are critical to the bottom line.

Outsourcing accounting to experts can provide more accurate and timely data that gives a clearer picture of what's coming up. "By spotting issues before they become problems, managers can increase bottom line net profit and the value of the business," comments Frank, a tax attorney and C.P.A. who has mentored CEOs and entrepreneurs for 26 years.

Expanding her capabilities in the U.S., Frank established a BPO center in Guatemala that turns around client data in 24 hours. "Our goal in Guatemala is to employ highly qualified professionals with accounting skills so we can provide quality services to our U.S. clients at a more affordable cost," says Frank.

GO Global's outsourcing model is based on the uniqueness of each company and creates customized solutions. "Models used by large companies usually do not work for mid-market enterprises," notes Frank. "We have developed a customized approach that better serves our clients."

The relatively new model provides customized outsourcing solutions for SMEs. A consulting company may be hired to assist in planning and implementing the transition to outsourcing. The provider will hire and train skilled workers dedicated to a specific client and business process, such as accounts payable, data processing, or financial statement generation. The provider will professionally train and recruit specific employees with a defined skill set to work offshore for the U.S. based company client.

GO Global maintains U.S. offices in Miami, FL and Bethesda, MD. With its nearshore facility in Guatemala, GO Global is dedicated to providing all manner of back office servicing, from call centers to accounting, claims processing, and even highly complex financial services.

Contact GO Global at 1-877-462-7680, or visit www.goglobalbpo.com.

About GO Global
GO Global is a business process outsourcing (BPO) provider specializing in finance and administrative back-office functions for the mid-market sector. For further information, please contact us at (877-462-7680).

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