In India, prices were rising by about 6 per cent each and now a drought-like situation is fast emerging. Company management will have to cut costs in many areas
By attacking Ukraine, the Shiites have stirred up not only world politics but also world economy. It will have an adverse effect on India’s economy and company management. Due to rising crude oil prices, there will be hardly any company or business sector in India whose business will continue as before. Of course, the central government of India has imposed unbearable taxes on petrol and diesel and if this tax is drastically reduced, the Government of India and its citizens will not have to pay higher prices for petrol and diesel and hence many items will be spared. The biggest hit of the potential price hike will be on companies like University, Dabur, Patanjali, Godrej, ITC as they sell their wares at the corners of the country and they have to spend huge amounts on the transportation of their products to run the nationwide expansion. Their profit margins and sales are likely to decline. The margins of the paint industry, which uses oil extensively as a raw material, will also be lower.
What to talk about the plight of the citizens? Higher crude oil prices have led to higher prices of vegetables, cooking oil, electricity, cooking gas, spices, etc. and also increased the cost of driving scooters, bikes, cars, trucks, rickshaws etc. Even so, prices in India were rising by about 3 per cent and now a drought-like situation is fast emerging. Company management will have to cut costs in many areas. The huge cost behind advertising will have to be reduced and the manufacturing cost will also have to be reduced. The same days are coming as a headache for the company management as the margin of the company paying them should not be reduced. The government will be in trouble as it will have to take a number of unfavorable steps to curb inflation.
Adverse Impact on Indian Companies: High inflation on the margins of Indian companies during and after the quarter of FY 2021-202, which ends on March 31, will have a very negative impact. The Nifty 20 companies that were supposed to show an estimated growth rate of 30 per cent during this period will not be able to achieve it. There is no denying the possibility of a sharp drop in sales of fuel oil manufacturing and marketing companies from India’s public enterprise.
Profitable Indian companies engaged in the dyeing business, which consume large quantities of oil for raw materials, will be in a difficult position as they will have to raise the prices of their products or drastically reduce their margins. In India, companies like Unilever, Dabur, Walmart, Emami, Colgate, ITC which we know as FMCG (Fast Moving Consumer Goods) will have to raise the prices of their products. Because they sell their goods all over India and hence their cost of distribution is high.
Now that their high distribution costs have skyrocketed, they may have to bear the brunt of these costs. FMCG companies now sell so many of our daily necessities that the price hike would disrupt the budgets of ordinary Indians. Now if the Reserve Bank raises its repo rate, the declining demand for liquidity in the market will further reduce it. F.V. 2015 and F.W. Even as global crude oil prices crossed the ૧ 100 mark in the two-year period of 2016, demand fell and companies’ margins fell. F.V. In 2016, crude oil prices hit a record high of ૫ 115 a barrel for the first time in the history of oil marketing.
After that F.W. In 2014, it plummeted to just ૮ 4.5 a barrel, marking a significant increase in the margins of Indian companies.
Fear of Unbearable Inflation: Crude oil prices have risen sharply since February 8, 2008, but have risen sharply in the last three months. The global price of a barrel of Brent crude oil in March 2021 was only 3. Then at the end of November 2021 it rose slightly to ડો 50 and now almost three months later it has reached ૫ 108.
Will the government and potentially distressed citizens face the next challenge? If Kovid’s epidemic barely escapes, will we be able to free ourselves from the devastation of the epidemic created by this war?
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Top 10 Customer Support Outsourcing Companies
in 2023 | Helpware
Outsourcing customer support is a great way to provide affordable
but reliable service to your clients. Whether for voice or non-voice applications, there are plenty of excellent customer support…
Written by Dana Mahoney
Sunday, Jan 22
Table of Contents
Outsourcing customer support is a great way to provide affordable but
reliable service to your clients. Whether
for voice or non-voice applications, there are plenty of excellent customer support outsourcing companies that fit every requirement.
But then again, why even think about outsourcing? Isn’t local talent good enough to
provide the service needed by a company’s customers?
Plus, wouldn’t it be a disservice to customers if a company farms out its frontline
operations to contractors?
What Is Customer Support Outsourcing?
By now, the best customer service companies should know the value
of customer support and why it’s an essential cog in an organization. Like sales and
marketing, customer service should already be in play during a company’s
first day, as they are the group that comes into direct
contact with clients.
The main goal of customer support is to keep customers happy by attending to their needs and responding
to their questions. However, it’s also a way to instill loyalty and generate additional sales.
To do so, an outsourcing company must have its support team available whenever the customer needs it.
Outsourcing customer support allows companies to
maintain an around-the-clock service team managed by industry veterans
and experts.
Advantages of Customer Support Outsourcing
Admittedly, not all company startups have leaders who are
experts in every facet of their operations.
Given their many responsibilities, many startup
founders accept that they can’t do everything
themselves. Non-core competencies such as customer service can benefit from outsourcing.
Turning the service over to competent experts lets companies benefit from
a bigger source of talent from all over the world. At the same time, companies that
outsource customer support enjoy reduced payroll without sacrificing service quality.
Other benefits of outsourcing include:
More Opportunities to Grow the Business
By assigning customer support to expert outsourcing service providers, leaders
can instead turn to scaling the business. Overseeing the day-to-day operations can already take much of management’s time, and customer support is equally demanding.
To help executives focus on the big picture, they’ll need to
partner with the best service companies that know what they’re doing.
Enhance Customer Experience
Given the opportunity to communicate and interact with customer service, many customers will express their satisfaction in getting their voices heard.
If customer service companies and their team address customers’ issues in a satisfactory way, they’re more than likely
to remain customers.
A pleasant customer experience will almost always lead to longer retention and a significantly higher customer lifetime value (CLV).
This isn’t to say a stellar customer experience is only possible through outsourcing.
Rather, the chances of improving customer satisfaction come with a continuous
and consistent level of service. Providing a highly specialized, dedicated team of professionals
from day one is a great way to achieve this quickly.
Top 10 Customer Support Outsourcing Companies
We’ve narrowed down the list of companies with great customer
service to the top 10 most prominent ones in 2022.
We’ll also provide a brief description and highlight the
main strong points of each outsourcing company.
1. Helpware
Helpware started in 2015 with the initial goal
of providing support to startup companies.
Over the years, the company has grown big and is confident enough to provide both enterprise and
small business customer service outsourcing solutions.
Providing back office, technical, and customer support, Helpware specializes in assisting companies in various support areas.
This includes Omnichannel Customer Support, Technical & IT Support, Content Moderation, CX Consulting Services, Back Office Support, Data Labeling, Digital Marketing Solutions, and Cyber Security.
The company provides only dedicated agents, in-house training, and equipment to help its
clients boost their productivity from day
one. Now it’s one of the top customer service companies in the US and European markets with numerous awards and
positive reviews from satisfied clients on Clutch and other reputable platforms.
Helpware’s people-focused culture seems very attractive to
businesses sharing the same philosophy.
Pros:
Shows outstanding flexibility when providing for clients’ specific needs.
This means its support can scale along with your company’s
growth.
Offers turn-key solutions, so you don’t have to look for either option separately.
Helpware’s focused on developing its people
and their skills and it pays off handsomely, especially in customer support
outsourcing contracts. Some global brands are happy to have their customer support outsourced to Helpware.
2. Sykes
U.S.-based Sykes is one of the pioneers of the BPO industry.
Established in 1995, the company trailblazed its way to
the top and was one of the first BPOs to open multiple locations.
In 2021, the Sitel Group acquired Sykes to widen its reach and increase its capacity.
Sykes is one of the top 10 service companies and leading service providers of demand generation and customer engagement services, with clients included in the top 2000 companies worldwide.
At the core of Sykes’ business are its staple services: outsourcing, customer experience, service to sales, digital transformation, and brand extension.
Pros:
Sykes maintains a pool of service agents from its clients’ home countries.
The company is well-versed in matters concerning data privacy.
Specifically, Sykes follows various privacy guidelines, including HIPAA compliance and Payment
Card Industry (PCI) data security certification.
3. Ascensos
Founded in 2013 in the UK, Ascensos is one of those outsourced customer
service companies that wanted to change the customer
experience by applying a personal touch to customer care.
The company is now Europe’s number-one customer support outsourcing
company, providing bespoke customer experience solutions to clients around
the world. In addition, its contact center operation locations include the UK, Romania, Turkey, and South Africa.
Pros:
Ascensos is more nearshore than an offshore support center, so location and time zone differences aren’t as pronounced as operations in Asia and South America.
Companies that outsource customer service to Ascensos value
the fact that it supports diversity and inclusivity among staff while focusing on promoting happiness as a
key asset among its workforce.
Although there aren’t any published pricing rates, instead, Ascensos will
individually respond to requests for quotes, the prices of this outsourcing customer service company are more than affordable.
4. Teleperformance
With more than 40 years of experience in the BPO industry, Teleperformance is an established leader
in solution design, business optimization strategies,
and front-office customer support. It also offers back-office services such as finance and accounting, collections, and technical support.
Pros:
Teleperformance is a truly global service provider.
It operates in 80 countries and employs more than 330,000 agents
speaking over 265 languages and deservedly belongs to a league of good customer service companies.
You won’t find it difficult to get support in the language
and location you require.
Clients also appreciate the company’s expertise in providing omnichannel solutions.
5. VXI
VXI Global Solutions is one of those outsourcing agencies that offer customer care and customer experience (CX) solutions to some of
today’s major global brands. In addition, the company offers contact center
and BPO services, omnichannel and multilingual support, software development, CX
innovation, quality assurance (QA), and infrastructure outsourcing.
VXI employs more than 35,000 workers in 43 countries throughout North America, Asia, Europe, and the Caribbean.
The company also prides itself on its ability to help clients resolve major CX
and employee experience (EX) pain points and take their customer service systems to the next
level. Like any modern BPO, VXI employs omnichannel support services to enhance communication coverage for clients.
Also, VXI provides additional analytics and insights generation services so clients can learn as they go.
Pros:
High CX expertise leads to enhanced customer
and employee experience.
VXI displays an uncanny ability to scale up
or down to fit its client’s capabilities.
6. InfluX
In its quest to build the world’s first remote-only CX team,
InfluX managed to recruit employees from more
than 120 cities worldwide. This strategy also lets them provide
24-hour customer support outsourcing solutions within the client’s time zone.
In addition, InfluX creates specialized customer experiences that reflect the client’s vision, voice, and values.
Pros:
Less dependence on automation and more on human interaction make
for a better customer experience.
Having employees in every time zone solves the common offshore problem of mismatched time
schedules between clients and outsourcing companies.
Pay-as-go pricing may be attractive to some clients who prefer flexible packages.
7. Skycom
Skycom is also on the list of nearshore outsourcing companies
that specialize in multi-continent support services. The
company employs native English contact center agents with experience in multiple industries.
Skycom also offers a full range of services, including business process outsourcing, telemarketing and sales, customer support,
and healthcare. With more than 15 years of experience, Skycom
also employs over 2,000 workers assigned to 35 clients in five countries.
Pros:
Nearshore operations mean fewer problems dealing with time zone
and distance differences.
Skycom covers a wide range of industries, including healthcare, travel, utilities,
IT, finance, retail, and telecommunications.
8. Integra
Integra’s differentiator is its focus on training its workforce in customer psychology.
This means company-provided support agents are more sensitive in detecting changes in the customer’s voice or tone.
As a result, they can respond to these changes to defuse
any tension and lead the customer into a more positive mindset.
Starting with four employees in 2004, Integra currently employs more than 1,400 workers
stationed across four countries. It handles customer service duties over the phone, email, live
chat, or social media.
Pros:
Integra offers some of the most cost-effective solutions in the industry.
Sales psychology is also an incredible asset to have if you work in a customer support outsourcing company.
9. Telus
Telus International is one of the world’s leading digital CX innovators.
In particular, it designs and produces next-generation digital solutions for brands all over the
world. This is one of the Canadian top IT outsourcing companies that provide IT services and multilingual customer service to industries
such as technology, media, communications, eCommerce, financial
technology, travel, hospitality, automotive, healthcare, and games.
Pros:
Telus International is a premium multilingual contact
center. It is one of those IT support outsourcing companies that offer top-tier customer support
services in various countries and more than 50 languages.
Telus is famous among IT services outsourcing companies for
organizing an annual charitable initiative called “Telus Days of Giving.” In particular, the company taps 225,000 volunteers
from its offices to complete various service projects across
its many host countries.
10. Arise
Arise is a 25-year-old United States-based company that specializes in providing support outsourcing
services across the USA. It employs more than 60,000 remote agents in the U.S., Canada, and
the United Kingdom. Unlike a traditional BPO, Arise utilizes
a network of service partners to provide the needed customer service experiences.
In addition, the Arise Platform helps companies lower expenses.
As a result, Arise clients report an average 25% reduction in contact center service total
costs, which is why clients want to outsource customer
service small business really needs.
Pros:
Arise deploys a tiered security approach in its
communications with clients. This ensures they preserve the confidentiality of documents or files sent over.
It also means Arise conforms to widely accepted data privacy regulations such as HIPAA,
CCPA, and others.
Arise also focuses its employment on local talent, hiring residents of the U.S., UK,
and Canada. This means stable employment for the company
and an easier method of hiring or replacing staff members.
Choose the Best Outsourcing Companies That Fit Your Needs
Deciding which outsourcing providers to contact for your customer support
outsourcing needs? Perform the necessary research before settling on your choice.
For instance, some customer service outsource companies on our list might
command a pricing structure higher than what your budget holds.
In addition, consider your company’s specific requirements and areas for improvement.
Do you need a customer support team focused on CX?
Or, do you prefer having sales psychology-trained outbound
callers who can close deals? Finally, does the appeal of higher-cost nearshoring
resonate better than offshore talents a few time zones away?
No one-size-fits-all solution exists when it comes
to customer support outsourcing. However, if you
want a highly flexible and secure customer service solution that utilizes
modern technology throughout the various stages,
try the best companies for customer service. These largest outsourcing companies not only supply the best talent,
but also the best equipment and training to prepare them.
top 10 call center outsourcing companies in 2023 if you re looking
to improve customer experience or optimize your operations it s worth
considering options beyond your own company today
outsourcing customer support to one of the top call center written by alexei piskunov wednesday apr
05 table of contents if you re looking to improve customer experience or
optimize your operations it s worth considering options beyond your own company today outsourcing customer support to one of the
top call center outsourcing companies is definitely a smart business decision if
you want to avoid all trials and tribulations of running an in-house call center this solution can be a budget-friendly way to handle customer concerns while significantly improving the level of customer
satisfaction let s have a look at those bpo companies that take the top positions in the industry discuss what makes them stand out and go through the main tips for
choosing the right call center why outsourcing a call center creating a
positive customer experience is the main priority for most companies with so
many competitors offering similar products and services in today s marketplace it can be challenging
for any particular organization to stand out and attract new customers additionally modern customers are
ready to pay more if they receive an outstanding experience offering excellent customer support services can give a business an edge over
competitors by boosting customer retention and generating positive reviews
ultimately driving profits conversely a poor customer experience
can lead to customer loss and negative reviews
which can harm a business choosing the best call centers
for your business guarantees increased customer satisfaction streamlined operations and
enhanced growth making it a crucial factor in achieving success in today s competitive market
us call center outsourcing companies top list 1 helpware helpware is a leading
customer support provider with headquarters based in the usa with call centers spread
across four continents the core areas of expertise include a wide range of bpo
services such as omnichannel customer support technical support it support content
moderation data annotation data entry helpdesk back-office support etc since helpware positions itself as a reliable outsourcing partner for both startups and big enterprises there are companies of different sizes
among the clientele ranging from small firms to renowned brands at helpware people come first and
it pays off the needs of employees are the main priority and it shows in their work as they provide exceptional service pros applying a
customized approach to recruiting and training dedicated agents offering
exceptional expertise in all kinds of customer support tailoring packages to cater to the
specific needs of different businesses 2 xact xact is
a highly flexible outsourced call center based in orlando florida catering
to businesses of different sizes they specialize in providing technical support and
customer support services to businesses operating across diverse industries including property management e-commerce tourism healthcare hospitality
and fintech xact has partnered with nice incontact since
2005 leveraging their cloud-based contact center toolkit to
ensure the utmost data security for their clients pros providing a personalized 24
7 telephone answering service ensuring service continuity through their fail-safe automatic
transfer switches ats which seamlessly switch to an alternate power source during power outages 3 wing assistant the wing assistant is revolutionizing the process of recruiting remote workers on a global scale this innovative outsourced call center provides a fully-managed virtual
assistant experience that helps entrepreneurs and small and medium-sized businesses scale by delegating laborious and time-consuming
tasks to dedicated customer service professionals for a fixed monthly cost they offer outbound call
center outsource solutions that are affordable and enable businesses to level
up and enhance their customer service and technical support and boost their sales pros a dedicated
client success manager to assist you in achieving your unique business goals and overcoming challenges a diverse range
of managed outsourcing services including back-office support and staffing solutions with great potential
in addition to call centers 4 triniter triniter
is a renowned figure in the bpo industry with a global presence spanning the united states the philippines and india this american call center has established itself as the
preferred outsourcing provider for inbound and
outbound call center solutions sought after by major corporations pros a decade-long track record of providing
customer support across more than 30 domains
24 7 customer support with an impressive 98 9 positive feedback rate 5 tmp direct for over 34 years tmp has been providing bpo services advocating for clients brands and ensuring excellence through
its team with a global presence tmp direct manages connections and relationships across various industries they offer custom end-to-end solutions including crm tools it infrastructure fulfillment and telecom platforms adapting to the evolving cx landscape they handle various
communication channels from inbound and outbound calls and chats to social
media and personalized correspondence pros providing an in-house it development team that
eliminates the need for multiple vendors 6 answerforce this
is proud of being on the list of five star call centers providing a range of professional call and chat answering
services virtual reception services appointment scheduling and more answerforce has experienced call center agents at its
disposal that are available round-the-clock to handle inbound
and outbound calls and live chat support and conduct customer surveys in a professional manner this american call
center works mainly with small and middle businesses covering such industries as home service restoration plumbing and electrical pros offering customized solutions to meet the
specific needs of clients within particular
industries which allows answerforce to provide highly tailored and effective services to their clients integrating with the client s workflow software this enables businesses to manage their customer interactions efficiently without having to switch between multiple platforms 7 fusion bpo
services fusion bpo services group is a company with huge experience more than 33 years in the industry and offers voice services
and other solutions to more than 250 businesses
worldwide however what makes this provider stand out
is its unique locations in addition to popular bpo destinations like the
united states india and the philippines the company has offices
in pretty exotic countries like el salvador jamaica morocco and colombia with 22 locations in 10 countries fusion is capable of delivering call center services in over 40 languages pros by strategically
locating its offices around the globe this company is able to offer
24 7 customer support across multiple time zones making it easy for customers to get the help
they need whenever they need it a diverse workforce and multilingual capabilities enable them to provide
support in various languages making their services
accessible to a wide range of customers the outsourced customer service of this provider is reasonably priced
that varies depending on the expected amount of calls and
service level you may require 8 supportyourapp supportyourapp is an outsourced customer support
company with a multinational team that provides inbound and outbound services
and back-office customer support for innovative software and hardware companies
they have received numerous awards for providing exceptional
customer experiences but their commitment to quality and security is paramount supportyourapp is pci dss compliant and adheres to the general data protection regulation gdpr pros ensuring the highest data security
standards and preventing any data leaks they take great care in protecting
sensitive information and clients can trust that their data is safe streamlining the integration process with the help of their
dedicated integration department providing their clients with a crm solution that integrates
incoming calls chats and emails into one system and
implementing ai solutions to the chats which many small businesses find
appealing 9 vcall global vcall global is a provider of innovative service
solutions to different businesses across various industries they offer a range
of services including customer service tech support back-office solutions interactive voice response ivr services telecom billing
solutions and software development solutions using advanced technology
and infrastructure they offer common services through multiple
channels vcall global is the preferred choice for businesses seeking
a perfect blend of flexibility and quality in their services pros adhering to turnaround times ensuring that
clients receive their services in a timely and efficient manner empowering their call
centers with a robust cisco network which
enables vcall global to offer seamless uninterrupted
service to clients regardless of their location or the complexity of their needs providing enhanced
security features that protect client data and information ensuring
that their privacy is always maintained 10 call masters bpo
the company provides inbound and outbound call center services as well as remote administrative solutions such
as data entry appointment setting reservation services etc their streamlined workflow and
marketing automation ensure that important phone calls are never missed with their expertise and dedication they can help businesses resolve customer queries acquire leads and enhance administrative business
processes too pros enabling businesses to easily scale up
or down based on demand and their remote employees to work in split shifts due to their cloud-based virtual call
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