Tag Archives: India

7 Steps to Selecting An Ideal Data Entry Service Provider

Posted on June 13, 2015

Looking for a data entry service provider from India? Find out how you can find an ideal data entry service provider by using these seven steps.

If you have thought about outsourcing data entry, then without doubt, India would have come to your mind. India is indeed the ideal outsourcing destination for data entry, with both large and small businesses benefitting from the country’s special skills. If your organization wants to utilize in-house resources for your core business, save on cost and channel more time into business growth, then outsourcing data entry is definitely for you.

Now that you have decided to outsource, the next step is to carefully select a data entry service provider. Avoid going by only the cost factor and make your decision on other factors as well. Here are some pointers on how to select the best data entry service provider in India and enjoy a high ROI:

Step 1: Clearly define your needs

It is very important that you identify and define your data entry requirements, which can be on a one-time or ongoing basis. For most businesses, data entry is an ongoing task, although the parameters of the data entry could change as a business grows and expands into new areas.

Step 2: Ask for a quote

If you are looking for low cost services that can reduce your overheads and minimize your operational costs, then you will need to find a service provider that offers quality services at a reasonable cost. Before you finalize on a service provider, you can request for a quote and then compare the quotes and find a service provider that best suits your needs.

Step 3: Look for quality

Finalize on a service provider who will offer you guarantee on the accuracy the data entry. Check if the service provider has an in-house quality assurance process that will catch data entry errors and correct them. For absolute accuracy, there should be quality checking process that is used at every step of the process.

Step 4: Tap into the skills of experts

It is critical that you choose a data entry provider who has skilled and experienced professionals who can carry out error-free data entry. Working with a team of experienced workers will not only ensure high quality work, but also keep your mind at rest, knowing that your data entry is being handled by experts. Make sure that you check if the service provider follows a stringent recruitment process, with adequate training. Continue reading →

Why your Pharmacy Should Outsource Pharmacy Business Services?

Posted on April 25, 2015

Is your pharmaceutical business looking for scalable, time-saving and cost-effective services that can help you channel more of your time, energy, money and resources into your core business? If yes, then what you need are Pharmacy Business Services from India.

5 reasons why India is the ideal destination for pharmacy business services

India is a leader when it comes to offering premium quality pharmacy business services. With immediate access to a team of dedicated LTC specialized experts, trained pharmacy consultants and experienced pharmacists, you can be assured of accurate, fast and seamless services. You will also be able to stay up-to-date with the latest development and happenings in the vast field of pharmacy.

1. Access to a skilled team of specialists: Outsourcing pharmacy business services to India can give you access to a certified, trained and experienced team of specialists who can expertly handle various categories of drug codes. With a team of pharmacists who have in-depth know-how of HIPAA compliance and Medicare part D, who can work under any pharmacy information system, you can be sure of quality services. Every project will also be scanned by a skilled team of quality assurance specialists to ensure that there are zero errors.

2. LTC subject matter experts: India is one of the few outsourcing destination that has a huge pool of subject matter experts who are trained on varied pharmacy information systems (PIS) such as, Frameworks, QS1, CIPS, HBS and Helix amongst others. LTC subject matter experts from India are also proficient at using any type of tool or format, such as, Payor Rules, Facility Census, CoverMyMeds and DocuTrack to name a few.

3. Scalable services: Indian pharmacy business service providers have the scalability to manage both small and large volumes of pharmaceutical workflows and stocks.

4. Value-add pharmacy business services: Whether your pharmacy business requires medical coding or any other customized healthcare service, you can get access to any type of value-add pharmacy business service.

5. Global delivery model: India is one of the few outsourcing destinations that offers global delivery services across world-wide locations that operate on a 24/7 basis.

4 services your pharmacy business can outsource Continue reading →

Tax Preparation with Intuit’s ProSeries

Posted on April 2, 2015

Intuit’s ProSeries is easy-to-use, has e-filing capabilities and guarantees accurate e-filing of tax returns

If you are an individual running a business, a part of a partnership or an owner of a large corporate, you would have to look for tax preparation services at some point of time. India, one of the world’s renowned service providers of tax processing and tax preparation services is the best destination to choose a service provider to file your Federal and State Tax returns.

You can also get access to expert tax processing and computing only during your peak work load seasons. Indian service providers like Flatworld Solutions, use only the best accounting software in tax preparation like Intuit’s ProSeries, which guarantees a high level of accuracy and ensures complete IRS compliance during tax filing.

About Intuit’s ProSeries

Did you know that ProSeries tax software is today’s market leader in professional tax solutions? Intunit’s ProSeries is easy to work with, as most accounting systems already employ Intuit’s popular accounting software, QuickBooks. The ProSeries is great to use for tax preparation, as it offers many attractive features. Some of them are:

Built-in e-filing capabilities
Easy-to-use
Quick data input features
Accurate data entry, tax calculation, processing and e-filing of tax returns

You can choose from ProSeries Basic and ProSeries Professional. Both the ProSeries versions offer automated calculation for tax calculation that is 100% error-free. There is also a built-in free app that will keep you updates on the newest tax legislations.

ProSeries Basic

This version of ProSeries is preferred by sole practitioners and individuals for tax preparation. It is not only affordable for new start-ups, but it also has a very simple-to-use user interface and enables you to closely follow and even participate in the tax calculation and e-filing process. Some of the ProSeries Basic version’s outstanding features include:

Accurate preparation of 1040 and Schedule C tax returns
Option of entering in the ELFIN or Electronic Filing Identification Number during the e-filing of tax returns
Access to detailed category specific checklists for data collection
Quick data input into worksheets or forms
Guaranteed accuracy through built-in error detection and correction features

Continue reading →

Why Outsource HR Services?

Posted on March 1, 2015

Outsourcing HR services can help your company shift the focus onto your core competencies, avoid mundane administrative work and can even help you compete with your larger counterparts.

Many small to mid-size businesses find that outsourcing HR (Human Resources) functions is the best approach to take. Outsourcing human resource services is not only a great way to save on time, it is also cost-effective and takes the burden off from the manager or owner. Does your company too want to save on time and money? Have you always wanted to understand more about HR outsourcing before venturing into it? If yes, then read on to find out more about outsourcing HR services.

What is HR outsourcing?

Outsourcing HR services refers to partnering with an external service provider to manage certain tasks like recruitment, payroll, job postings or employee policies. In India, you will find service providers that exclusively deal with HR functions. Such service providers have several clients (large and small) and are proficient at handling any aspect of personnel related services. An important thing to remember is that the company you partner with will not be formally affiliated with your company in any way, apart from what in specified in the outsourcing agreement.

Why do companies outsource HR?

As per a 2009 survey conducted by The Chartered Institute of Personnel and Development, businesses primarily outsource HR functions to tap into the skills and know-how of a third party, to get better quality and to minimize costs. The most commonly outsourced HR functions are payroll, legal services and retirement planning. The survey also revealed that most business owners do not want to be bothered with handling human resources and opt instead to focus on core business functions like the company’s operations, objectives, mission and financial well-being. Continue reading →

Get All your Outsourcing Facts Right!

Posted on February 22, 2015

In the recent months, outsourcing has often been featured in the news for good and bad. Over the last decade, almost every type of business has heard a lot about outsourcing. But did you know that outsourcing is a not a new concept? Outsourcing was in fact, started in the 1970s! Now, if you find this interesting, you are sure to love our latest presentation on “Outsourcing Facts” you never knew about.

At Flatworld Solutions, we have been providing cutting-edge outsourcing solutions to companies across the globe. Whether it is customer support, data entry, software development or engineering services, we are a one-stop destination for any service that your business might require. Being a top outsourcing service provider, we decided to enrich the knowledge of our readers with some of the unknown facts on outsourcing and India.

It’s time you get all your outsourcing facts right and become a pro on outsourcing. Please click here to find out interesting answers to puzzling questions like: Continue reading →

The Pros and Cons of Outsourcing Medical Billing

Posted on May 9, 2014

If you are a doctor or a practice manager, then you would have definitely faced this question: To outsource or not? The question of whether a healthcare practice should outsource medical billing operations to India is a tough question to answer. The right answer to this question varies from practice to practice and is based on a several factors, such as, the size of the local labor market, the state of the practice’s finances and the age of the business to name a few.

Whether it is billing, clinical services or revenue cycle management, your cash flow depends on them and hence the decision on outsourcing should not be taken lightly. Before you think about outsourcing, you must carry out a thorough assessment of your staffing, costs and volume metrics. This will help you determine what is right for you.

Read on to find out the pros and cons of outsourcing medical billing services:

The Pros

Outsourcing is less expensive: If you are starting up a new healthcare clinic or if you are transitioning because of a staff member’s resignation, outsourcing is best financial decision that you can take. By outsourcing, you need not invest on hiring billing experts. You can also save on the cost of investing on expensive billing software, technology or infrastructure.
Benefit from transparency: Your medical billing service provider will provide you with regular performance reports, either automatically or upon your request. This way of working will provide you with unparalleled visibility into your medical billing operations without you having to manage or oversee any of your staffers.
Better consistency: By outsourcing, your service provider will be contractually obliged to carry out certain services for you, like appealing denials. You will also never have to worry about staffing, since it will be the job of your service provider to support your requirements all through the year.

Now, for the cons. Continue reading →

Why Outsource Engineering?

Posted on December 27, 2013

When engineering or manufacturing companies think about outsourcing, they think about job cuts and work sent overseas. However, this is not entirely true. When outsourcing to India, most engineering companies can leverage numerous benefits that do not result in lost projects or job cuts. Outsourcing engineering can be a win-win situation.

Over the last 15 years, India has been the most ideal destination for engineering services. Whether it is structural engineering, detailing, CAD conversion or cost estimation, you can get almost any engineering work done in India, at an affordable cost and within a fast turnaround time.

Indian engineers are technically superior and have hands-on experience in providing engineering solutions to different industries. By outsourcing engineering services to India, you can be assured of top-notch quality at a reasonable cost, because the cost of labor is very less when compared with the US, UK or Europe.

Continue reading →

Top 5 Outsourcing Destinations to Look Out For

Posted on November 8, 2013

It is a known fact that India tops the list of world’s favourite outsourcing destinations. Ample number of skilled resources, use of latest technology, time zone advantages and cost-effective services are just a few of the reasons for India’s popularity. But are other outsourcing locations far behind or are they catching up with India? Let’s look at the top five emerging outsourcing destinations and weigh their pros and cons:

1. Argentina

Argentina is seen by many companies as an ideal location for outsourcing. This nation has a large labor pool of English-speaking programmers and professionals who are highly educated and tech-savvy. Argentina also has a robust telecom network, diversified industrial base and ample office-space. The country’s cultural similarities with the West make it an attractive outsourcing location. The government of Argentina has not done much for the outsourcing sector in the last decade. The country has also suffered economic problems related to external debt, capital flight, inflation and budget deficits.

2. Bulgaria

Bulgaria is now becoming a competitive outsourcing provider, by rising above other outsourcing locations like the Czech Republic, Slovakia, Poland Russia, Hungary and the Ukraine. The country’s relatively low cost, strong education system, good production quality and cultural affinity with the West have made it a favorable location. Bulagarian developers are much sought after, as they are well-versed with C++, Java and open source. However, the cost of outsourcing to Bulgaria can be more costly when compared to outsourcing to Africa or the Middle East.

Continue reading →

Why Your Company Needs Financial Research?

Posted on October 10, 2013

Did you know that your financial metrics can give you a clear view of your company’s position in the marketplace? Understanding more about the flow of funds between your supply partners, your current financial status in comparison to your competitors and the financial health of your competitors are great indicators which can reveal your firm’s overall financial well-being.

This is why your business must give a serious thought to financial research. An expert research service provider can provide your business with a comprehensive analysis of your financial status by using research techniques like technical analysis, qualitative and quantitative analysis.

Continue reading →

How A Virtual Office Can Help You & Your Business

Posted on September 27, 2013

When most people think about virtual assistant services from India, they image a person answering the phone for them and then keeping them on hold, until they are ready to take the call. Yes, this is a part of virtual assistant services, but it is only the tip of the iceberg. Your company can get a lot more out of virtual reception services today. Read further to find out more about the virtual office services that you can avail, by outsourcing to India:

Continue reading →