Outsourced Financial Accounting Services - Business's Best Friend?

Unless you are an accountant, actually remember your accounting classes from school, or were just born with an uncanny predisposition toward quantifying balance sheets and income statements. The accounting responsibilities of your business may be some of the most difficult and/or time-consuming tasks required to keep your business up and running.

While keeping your business’s books balanced is, by far, not impossible, it does require a good amount of time, thoroughness, and skill. If your business’s finances do not add up correctly, you will most likely run into a plethora of problems down the line if you do not, or cannot, straighten out the discrepancies. But don’t fret just yet; accounting outsourcing services may provide a solution to these dilemmas.

Accounting outsourcing services generally deal with managing all the financial documents, such as invoice generation, tallying profit and loss account or balance sheet, checking out daily expenses bills and much more. Accounting outsourcing services will prove highly beneficial for those business houses that are always tangled in the trap of handling accounting tasks.

By outsourcing accounting services to a third party or an outsourcing firm, you will be able to cut down on the heavy salary that is paid to in-house staff. Along with salary, you are required to pay certain add-ons, such as house rent allowance, bonus, salary increment and much more. There is no stoppage to all these things. But with accounting outsourcing services, you can save a lot of money that can be invested in bringing out more performance from profit venturing aspects of the business.

By allowing outsourced accounting firms to handle your financial accounting needs, you will be able to pay more attention to other departments of your business. Moreover, you will most likely receive more efficient work from the outsourcing firms. Generally, in-house accounting staffs are busy with other work, and this might delay the finalization of accounting documents.

Outsourcing firms that handle accounting work usually have skilled and professional staff that are quite efficient in handling all the accounting work. The advantage of this service is that you get your work done on time, are able to file taxes on time, and may save yourself from any potential income tax problems at claim-time. Accounting outsourcing services are meant to help you avoid tensions and worries, and allow you to concentrate on additional aspects of your business.

Running a business successfully is a tough task, regardless of the size or type of business. Your main focus as a business owner should be the progress and growth of your business. By allowing an accounting service to handle your financial needs, you will be freeing yourself of the time and money required to conduct these processes yourself.

Mr. Oliver is a marketing agent for Piascik and Associates. The Richmond Virginia accounting law firm specializes in international accounting and accounting for professional athletes. For more information on their international accounting services please visit their website.

Article Source: http://EzineArticles.com/

Unless you are an accountant, actually remember your accounting classes from school, or were just born with an uncanny predisposition toward quantifying balance sheets and income statements. The accounting responsibilities of your business may be some of the most difficult and/or time-consuming tasks required to keep your business up and running.

While keeping your business’s books balanced is, by far, not impossible, it does require a good amount of time, thoroughness, and skill. If your business’s finances do not add up correctly, you will most likely run into a plethora of problems down the line if you do not, or cannot, straighten out the discrepancies. But don’t fret just yet; accounting outsourcing services may provide a solution to these dilemmas.

Accounting outsourcing services generally deal with managing all the financial documents, such as invoice generation, tallying profit and loss account or balance sheet, checking out daily expenses bills and much more. Accounting outsourcing services will prove highly beneficial for those business houses that are always tangled in the trap of handling accounting tasks.

By outsourcing accounting services to a third party or an outsourcing firm, you will be able to cut down on the heavy salary that is paid to in-house staff. Along with salary, you are required to pay certain add-ons, such as house rent allowance, bonus, salary increment and much more. There is no stoppage to all these things. But with accounting outsourcing services, you can save a lot of money that can be invested in bringing out more performance from profit venturing aspects of the business.

By allowing outsourced accounting firms to handle your financial accounting needs, you will be able to pay more attention to other departments of your business. Moreover, you will most likely receive more efficient work from the outsourcing firms. Generally, in-house accounting staffs are busy with other work, and this might delay the finalization of accounting documents.

Outsourcing firms that handle accounting work usually have skilled and professional staff that are quite efficient in handling all the accounting work. The advantage of this service is that you get your work done on time, are able to file taxes on time, and may save yourself from any potential income tax problems at claim-time. Accounting outsourcing services are meant to help you avoid tensions and worries, and allow you to concentrate on additional aspects of your business.

Running a business successfully is a tough task, regardless of the size or type of business. Your main focus as a business owner should be the progress and growth of your business. By allowing an accounting service to handle your financial needs, you will be freeing yourself of the time and money required to conduct these processes yourself.

Mr. Oliver is a marketing agent for Piascik and Associates. The Richmond Virginia accounting law firm specializes in international accounting and accounting for professional athletes. For more information on their international accounting services please visit their website.

Article Source: http://EzineArticles.com/

Outsourcing Data Entry- The Outsourcing Success Story

Although a company’s data entry work is often among the most monotonous jobs imaginable, they require the skills of trained personnel. For all its tedium, data entry is essential to a company’s survival, without being one of its core operations, and many companies have turned to outsourcing data entry work so that its employees can spend their time on more lucrative matters. The data entry tasks will be performed by competent contractors in developing nations like India, Malaysia, China, and Brazil, and for a much lower cost than it would require if it continued to be done in-house.

How Outsourcing Data Entry Works

Companies have been outsourcing data entry work almost as long as the global technological development has supported outsourcing. The outsourcing of data entry work requires a company to either mail hard copies of its data forms, or scan and email or fax, electronic images of them, to the outsource contractors who will complete the data entry job.

The data entry workers then input information into a database on a computer, and either store it on a magnetic medium for shipping or email it back to the sending company in encrypted form.

Because data entry jobs do not require and advanced degree of computer savvy, outsourcing data entry work is far less difficult than outsourcing more complex processes. Data entry work does not demand an ongoing communication between the outsourcing company and the data entry provider, and the outsourcing of data entry work to date entry firms in underdeveloped nations has for the most part been one of the big outsourcing success stories.

Freelance Data Entry Outsourcing

The Internet, of course, has played a huge part in the increase of data entry workers, in particular in poorer countries, who freelance their services. A simple Internet search will bring up dozens of sites shopping the services of data entry coders who work for what would be considered starvation wages in Europe or the US.

These data entry workers normally price their services according to both the sizes of the requested projects, and their own work histories. Outsourcing data entry work to these coders is usually a matter of posting the specifics of a job, and letting the various coders make bids on it. The going rate for data entry jobs can begin at less than $100, but there is no guarantee that the coder whose bid is accepted will actually complete the job as specified. While most of the reverse auction sites will return the money for an incomplete or substandard effort, the data entry still has not been finished, and business operations may fall behind until it is.

You can also find more info on Help Desk Outsourcing and Medical Outsourcing. 1outsourcing.com is a comprehensive resource to know about Outsourcing.

Article Source: http://EzineArticles.com/

Four Things to Look For When Choosing a Graphic Design Firm

Let's face it-sometimes you need more than the copy. Good graphics go hand in hand with good writing to sell your products and services. But it's important to choose a graphic design firm that's the right match for your project. Here are a few things to look for when choosing a graphic design firm to work with.

Experience in your field. Does the firm have experience doing the same type of project you're looking for? Different projects require different skills. If you're looking for a display for your next trade show appearance, it's best to choose a firm that has experience with trade show displays-not one that specializes in website design. Some firms are generalists that take on many types of projects, and there's nothing wrong with that-but make sure they have a few samples from projects like yours under their belt.

A solid history. You don't have to go with the most prestigious or high-priced firm to get a great product. But you should choose your graphic design firm with an eye toward their experience level. How long has the firm been in business? Do they have references or testimonials?

A good-looking portfolio. Check the firm's portfolio of work to see what type of style they have. Most individual designers have a unique style; does this firm's match what you want for your own project? It may help to talk to the designer as you look through the samples, and ask why she made specific choices for that particular job. This will help you understand how she makes her design choices-and how she might see your own project.

Lots of questions. The designer should ask you plenty of questions about your business, your audience, and what you hope to achieve with this piece. You should be prepared to answer questions on your customer demographics, your customers' hot-button issues, the "tone" you're looking for with this piece, and examples of the general type of work you'd like to see.

Your graphic designer can be a crucial partner in your marketing success. Take your time in choosing the right one, and you're sure to find a firm that works for you.

Jennifer Williamson runs a successful business as an article writer in southern Pennsylvania, writing for clients all over the world. Find out more by visiting Catalyst Writing Services or checking out her writing blog.

Article Source: http://EzineArticles.com/

You Pay For Training, One Way Or Another

Dealing in an offshore call center or BPO is a challenging vendor management experience. Even with the best do diligence understanding the day-to-day call center BP0 is difficult. One of the biggest challenges that we see, our clients experience is the "inexperience" of the call center management who provides day to day leadership and implementation.

The average age of team leader/Project Manager in Pakistan, India, Ukraine, and Philippines is on the average 22 years old. This manager will have some college but not necessarily finished college. This project manager in the call centers will be managing 10 to 30 agents with the average age of 19 or 20. These team leaders will have had on average two years experience working in a call center, usually as an agent.

Offshore/call center vendor managers need to understand these issues when placing their call center customer service projects, call center help desk and sales overseas. Once this is understood we need to then be aware of the issue and utilize the eagerness of the management team to your advantage. Turning this disadvantage to an advantage requires a higher level of training support and meticulous detail and awareness of the call center projects and implementation of those call center offshore Services.

Some of the detailed training packages that we have provided have included glossaries on commonly understood language, written test to take, interesting press that explain business cases. This level of detail is not common in U.S. This generally is understood that your outsourcing company would have the systems in place but you cant suppose this offshore simply due to the youth of the staff. A high level of this detail project management and understanding of your management audience, will ensure that your offshore call center outsourcing services work to your business expectations. To learn more visit http://www.market-iq-int.com.

Article Source: http://EzineArticles.com/

Fuzing Facilitating to Find New Business Partners Across The Globe

With the advent of the internet things have undergone big changes. It has not only proved to be a boon for communication but has also become a reliable medium for business expansion. Today, it is particularly used as business-to-business marketplace, which means a marketing plan in which there is a transaction of goods and services between two businesses. In order to make it more clear take this example, suppose you have an enterprise which deals in agricultural goods and you are looking for a bulk buyer for it then business to business marketplace will help you.

Due to globalization, the competition among companies of a particular group has become more extreme. Today, thousands of trade portals engage in business to business marketplace and have established themselves in the World Wide Web. Unfortunately, all portals do not deliver what they promise. fuzing.com is an international business to business trade portal that helps both buyers and suppliers of goods and services in finding suitable trading partners. The prime objective of fuzing.com is to enable and facilitate traders who work at manufacturing, import, export and wholesale levels.

fuzing.com deals with following industries traders and service providers

* Agriculture Chemical Supplier
* Automotive & Transportation
* Baths, Showers, Sinks & Toilet
* Business Opportunities
* Clothing & Accessories
* Construction
* Energy
* Food & Beverages
* Health & Beauty
* Minerals, Metals & Materials
* Office
* Frozen Fruit Importer Vegetable
* Services
* Toys
* Sporting Goods
* Security & Safety
* Paper, Printing & Packaging
* Mobile Phones
* Textile Exporters
* Home & Garden
* Gifts & Novelties
* Fabric & Textiles
* Electronic & Electrical
* Computer & Software
* Chemicals

How Fuzing.com helps suppliers of goods and service providers? It is a unique Trade Portal that allows suppliers and service providers to promote their offering by assembling an online catalogue in which they can provide detailed descriptions along with color images. fuzing.com is an international business to business marketplace as a result it assures high prominence on the World Wide Web.

How Fuzing.com assists buyers in procuring goods and availing services? It enables buyers in accessing and procuring goods at much faster rates as the portal provides powerful search tools. fuzing.com maintains a big directory of manufactures at local, national, regional and international levels so that buyers can select trading partners according to their requirements. It also provides an option to set up "Email Alerts" when new goods or service listings appear within categories of interest.

The author is a freelance writer, editor & expert of import-exports. He writes about international trade, business to business trade & online trade scenarioo. He writes for trade portal-Fuzing.

Article Source: http://EzineArticles.com/

With the advent of the internet things have undergone big changes. It has not only proved to be a boon for communication but has also become a reliable medium for business expansion. Today, it is particularly used as business-to-business marketplace, which means a marketing plan in which there is a transaction of goods and services between two businesses. In order to make it more clear take this example, suppose you have an enterprise which deals in agricultural goods and you are looking for a bulk buyer for it then business to business marketplace will help you.

Due to globalization, the competition among companies of a particular group has become more extreme. Today, thousands of trade portals engage in business to business marketplace and have established themselves in the World Wide Web. Unfortunately, all portals do not deliver what they promise. fuzing.com is an international business to business trade portal that helps both buyers and suppliers of goods and services in finding suitable trading partners. The prime objective of fuzing.com is to enable and facilitate traders who work at manufacturing, import, export and wholesale levels.

fuzing.com deals with following industries traders and service providers

* Agriculture Chemical Supplier
* Automotive & Transportation
* Baths, Showers, Sinks & Toilet
* Business Opportunities
* Clothing & Accessories
* Construction
* Energy
* Food & Beverages
* Health & Beauty
* Minerals, Metals & Materials
* Office
* Frozen Fruit Importer Vegetable
* Services
* Toys
* Sporting Goods
* Security & Safety
* Paper, Printing & Packaging
* Mobile Phones
* Textile Exporters
* Home & Garden
* Gifts & Novelties
* Fabric & Textiles
* Electronic & Electrical
* Computer & Software
* Chemicals

How Fuzing.com helps suppliers of goods and service providers? It is a unique Trade Portal that allows suppliers and service providers to promote their offering by assembling an online catalogue in which they can provide detailed descriptions along with color images. fuzing.com is an international business to business marketplace as a result it assures high prominence on the World Wide Web.

How Fuzing.com assists buyers in procuring goods and availing services? It enables buyers in accessing and procuring goods at much faster rates as the portal provides powerful search tools. fuzing.com maintains a big directory of manufactures at local, national, regional and international levels so that buyers can select trading partners according to their requirements. It also provides an option to set up "Email Alerts" when new goods or service listings appear within categories of interest.

The author is a freelance writer, editor & expert of import-exports. He writes about international trade, business to business trade & online trade scenarioo. He writes for trade portal-Fuzing.

Article Source: http://EzineArticles.com/

KPO - the next big thing in the outsourcing sector by James Smith

KPO or Knowledge Process Outsourcing involves outsourcing of knowledge intensive business processes to other geographic locations. KPO and BPO are closely related sectors. The major difference is that BPO is labor intensive and requires low level of expertise, while KPO requires in-depth knowledge in the area that is outsourced. Also, BPOs are more process based while KPOs are knowledge based. The major areas that are outsourced under KPO Since outsourcing offers several advantages like cost savings, access to skilled resource pool and better quality, many global companies are outsourcing their knowledge based processes to India. The major ones are designing, web applications, business and market research and analysis, data management, financial and legal services, research and development, medical, pharmaceuticals and biotechnology related services, training, publishing, content development, remote education, etc.

The biggest segment is however, data search integration and management which holds 29% of the KPO sector revenue. Next is biotech and pharmaceuticals, followed by engineering and design, R&D, education and publishing, and animation. Growth of KPO sector in India KPO is expected to grow at a cumulative growth rate of about 45% and it is estimated that by 2010, India will have 70% of the global KPO market. The Indian KPO exports are estimated to touch USD 12 billion by 2010. The current number of KPO employees in India is estimated to be 25,000. NASSCOM projects that the number of KPO professionals will increase to 250,000 by 2010. India is all set to become the global KPO leader KPOs were started in India by McKinsey when it opened up a knowledge center in 1987. In 2000 companies like OfficeTiger, GE, Gartner, etc., opened their research centers too. Since then KPO sector is growing as India is evolving to become the leader. There are many advantages that India offers, these include: * Established support infrastructure * Talented resource pool of qualified professionals and subject matter experts * Better English language skills than other major outsourcing destinations * Lower cost * Government support The top KPO companies in India The biggest companies in KPO sector include Evalueserve, McKinsey, RocSearch, Copal Partners, Pipal Research, Inductis, WNS Global, Accenture, Aptara, etc Career scope in KPO KPO is creating a huge number of career opportunities for educated and talented professionals including engineers, doctors, lawyers, accountants, designers, teachers, consultants, etc. It is also estimated that the salaries in KPO sector would be 25-50% higher than in other fields.

KPO companies look for a diverse range of professionals who have a certain level of expertise in some domain. This sector is not too great for freshers or beginners as it offers better opportunities and salaries to more qualified and experienced candidates.

If a person is armed with right qualifications, experience, managerial skills, and client interaction skills, then there are endless possibilities of growth in KPO sector. You need in-depth domain knowledge, passion and aptitude for that field of work, and great communication skills, to soar high in this sector.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------- Re-Print Guidelines Do You Want To Use These Articles? FREE Re-Print Rights! Permission is granted to reproduce any of these articles but the article content CANNOT be altered and credit must be given to the author and also an active link to http://www.bpojobsite.com. As a courtesy, please email James at admin at bpojobsite.com if you decide to use any of his articles.

About the Author

Find the hottest Indian BPO jobs in Call Center, Software & Technology, Website Design, Data Processing and Transcription Services. http://www.bpojobsite.com

Real Estate Magnetize Offshore Outsourcing

Outsourcing is the buzz word in today’s time. Companies are coming a big way in outsourcing but the point to be noted here is to choose the right place for that. There are few factors which influence the decisions of the companies. Firstly they look for the labor condition in that area. Every company wants cheap but efficient labour.India has become a favorite destination for the MNC’s mainly because we offer them cheap and very efficient labour.Then these business giants look for the skilled professional. But the underlying factor is the real estate. This is becoming the biggest concern for the outsourcing companies as they have to build their offices for which they need reasonably priced real estate. Earlier Delhi topped the chart but now these biggies are expanding their reach to other parts of India. The list has the names like Bangalore, Hyderabad, Gurgaon and the new entries are Chandigarh, Mohali, Panchkula and Baddi in north India. The real estate in these is shooting up and if we look the property trend for the past 1 year then we will find that real estate value has shown huge increase. Real estate is a big influencer for any company to do outsourcing. Real estate is evaluated in terms of structure and availability. As off shoring grow to higher back office functions so cost becomes the most important factor in deciding for the location.

Factors influencing the decision of offshore locations are based on three scenarios:
• Price driven
• Quality driven
• Market trends

The city which tops the list globally in terms of price is India and Philippines in Asia, central and Eastern Europe, Central part of America. In terms of quality the city which tops the chart in India is Delhi and next is Bangalore. Study says that the major driving force for BPO’s is the easy access to plentiful and qualified workforce as they deal in technical areas. Now the shift is towards North India especially Chandigarh, Mohali and Panchkula.Market trends also influence the off shoring decisions. It’s been found as a very big offshore driver. Investment in a foreign real estate for off shoring is cheaper. So off shoring in foreign land are becoming so common and its going very fast too. Real Estate business has a great future as it seems.

For any further information: property dealers and online real estate

Article Source: http://EzineArticles.com/

Revolution in Pain Management

Recover Discover Healthcare has been at the forefront of the Medical Tourism industry since 2005. It is one of the few companies in this field that is incorporated in Canada as well as India. Recover Discover is a part of the Phistream group of companies that has interests in software, BPO, Legal Outsourcing, and Healthcare.

At Recover Discover, it has always been an endeavour to offer the latest treatments in the medical world to its international clients. After launching an affiliation with a world class cosmetic surgery facility in France, Recover Discover has affiliated with a Pain Management Facility in New Delhi, India, which offers Ozone Therapy - a non-surgical alternative for treating spinal problems.

Ozonucleolysis or Ozone Therapy for herniated disc is a revolutionary non-surgical alternative for treating disc herniation. In this therapy a highly beneficial molecule, Ozone (O3), is injected inside the intervertebral disk in trouble. The injection is administered under local anesthesia supplemented with intravenous sedation under real time digital radiological control that ensures proper placement of Ozone in the center of the diseased disc.

The treatment has benefited thousands of patients world over. In our experience, over 86% patients treated with Ozone therapy recovered from their pain coming from disc prolapse, also called slipped disc. From this procedure, a major open operation on the spine is avoided.

When used for disc prolapse, also called slipped disc, Ozone therapy acts in multiple ways:

* Direct effect

o Disc contains 80% water that is contained within its building blocks comprising of core protein (cartilage & collagen).
When injected in the disc, Ozone quickly dissolves in the disc water. This results in shrinkage of the disc prolapse with a net reduction disc pressure.

* Cell mediated anti-inflammatory response:

o Ozone reduces the production of pain causing substances that are produced by a diseased or injured disc.

o It sets off production of antioxidant enzyme system that works on injured tissues that have been subject to long standing oxygen injury.

o Release of chemicals that oppose inflammation and indirectly relieve pain.

* Local anesthetic effect:

o Injection of needle and subsequent injection of ozone stimulates release of chemicals like naturally occurring endorphin from ones body that relieves pain.

The treatment of back pain and specifically herniated disc by Ozone therapy has met with enthusiasm due of its non-invasive nature, lack of major complications and excellent results when compared to other methods. Ozone therapy has now made it possible for people suffering from herniated disc to safely escape the surgeon’s knife and get rid of that pain with the simple prick of a needle.

In the US back pain effects nearly 62 percent of the population with nearly 520000 back injuries being reported every year.

According to our Ozonucleolysis expert “ In case of surgery chances of recurrence of pain is nearly 15% against 3% in case of ozone treatment.”

The therapy, having gained acceptance the world over, has the potential to establish itself as the gold standard in pain management techniques.

This article is written by Ronn Jones, a marketing expert with years of experience in branding and internet marketing. For more information on pain management, check out Recover Discover.

Article Source: http://EzineArticles.com/

The Rise Of VoIP

Medium- or large-scale companies to corporation need to invest in digital phone service. From a regular landline phone to a digital Internet phone… everything that is done traditionally yesterday is today’s innovation: VoIP.

Voice over Internet Protocol (VoIP) or IP telephony is the routing of voice conversations over a public network (Internet) or private network (Intranet).

Internet is the most powerful tool in the computing world. Nevertheless, it is a necessity just like telephones or mobile phones. Every communication, every transaction, every information is online. And with the convergence of the Internet and the telephone, the possibilities are boundless especially in business.

Using VoIP, any computer or telephone connected to the Internet with a broadband connection can call another computer or phone at a fraction of usual cost, or absolutely free. Business VoIP works in four ways: PC-to-PC, PC-to-PHONE and vice-versa, and PHONE-to-PHONE. And depending on your VoIP internet telephone service, you will be supplied with a broadband modem to connect to the Internet and if you are calling from your PC and an adapter and router if you are calling from your phone.

Businesses are starting to see that IP telephony is not all about cost savings, but also delivering efficient and strategic value to any business. For example, companies that deal with transactions abroad can deduct cost at long distance telephone bill and at certain situations bypass excessive taxes.

VoIP can integrate with other services available over the Internet including video conversations, message or data file exchange during a live conservation and audio conferencing. For VoIP service to be available you have to have an Internet connection and a connection provided by a VoIP internet telephone service.

One example of industry that uses VoIP as its main foundation for transactions is the BPO/ KPO industries. Call center agents use Internet telephony in both outbound and inbound calling that allows them to enjoy VoIP features like Caller ID, Voicemail, and Call Forwarding.

VoIP features and product benefits are usually listed as “advanced” by traditional phone service companies and have additional costs if you acquire it. But if you subscribe to a VoIP provider, the immutable benefits are limitless.

When VoIP is mass marketed, some of the challenges that has risen includes the availability of bandwidth, buffering, delay/ network latency, packet loss, jitter, echo, security, pulse dialing to DTMF translation, and connection through firewalls.

For interested companies or individuals who are interested to have VoIP at their businesses, assess your business if you need a hosted VoIP or a purchased VoIP then agree to meet with a VoIP consultant of digital phone service providers you have looked up on local directory or online and ask key questions like its cost, reliability, productivity/ performance, flexibility, features, maintenance and after-sales services and infrastructure.

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If you are more interested to have digital phone service that is affordable, please click here to visit the site.

DHORJ ESCUSA is a web copywriter for a web design company that builds websites and increases web visibility through optimization and promotion.

Article Source: http://EzineArticles.com/

The European Union - A Linguistic Tower of Babel

The story goes that after the destruction of the Tower of Babel, mankind was confounded by having to speak a multitude of languages and thus, any attempt at unified objectives would come to naught. It seems, however, that some 2,000 years later, The European Union is spawning a whole industry in translation services in order to keep up with the languages used in the decision making process.

With some 20 officially recognised sovereign languages, the EU's inclusive philosophy renders the task of running the European Parliament a truly formidable one. The problem is highlighted by two interesting facts; firstly, only around 40% of Europeans are multilingual and secondly, 20 languages yield a total of around 190 possible language combinations (e.g. German-French, Czech-Greek, Danish-Dutch etc).

The implications of these figures are truly astounding. To run a single session of the European Parliament requires a minimum of three interpreters per translation booth; this means that each session requires at least 60 interpreters to be able to function at all.

Even before new countries accede to the EU, as was the case recently with the ascension of Romania and Bulgaria, the corpus of existing EU law, the acquis communautaire, consisting of some 90,000 pages, must be translated into that country's language. Although the responsibility for this rests with sovereign governments, this still leads to an EU led recruitment of translators within the sovereign countries. Additionally, once the translations are complete, the EU will be responsible for finalizing and publishing them, and for hiring translators of these languages for permanent roles within the European Parliament.

The body responsible for fulfilling the EU's needs for translation and linguistic advice is the Directorate General for Translation (DGT). The DGT has a permanent staff of 2,200 linguists who are stationed in Brussels and Luxembourg. The DGT is organized along language lines with a separate department for each official language. Each department is further divided up into units which specialise in EU policy areas, such as agriculture, energy and employment - each unit has a minimum of 20 translators.

The current number of full-time EU translators and interpreters is truly staggering, as is the cost estimated at some EUR 800 million in 2006, with the trend only looking to increase. For an idea of the possible magnitude of future recruitment, let us look at the figures for the last expansion. This expansion led to the recruitment of 473 additional full time translators, additionally the DGT recruited 7 'seconded national experts' from the ascension countries and a total of 27 support staff (although 99 more are still to be engaged). On top of this the DGT also outsources work to freelance translators and translation agencies in the UK and across Europe.

Any new countries wishing to join the EU will precipitate a similar wave of recruitment of linguists and support staff. With this huge recruitment of translators, along with the maintenance of current staffing a necessity for the EU to even function, the EU's tower of Babel is looking decidedly creaky!

Ioana Mihailas is a linguist for Lingo24 Translations Companies UK, a company that offers the services of some of the best financial translators in London.

Article Source: http://EzineArticles.com/

Short Sale Riches - An Example Provided

I have done many short sale in the past 15 years and have faced rejection from lenders and homeowners 20-30% of the time. Does rejection bother me? Not in the least and I love it, since It provides more information so that I can improve my negotiation skills As with any sales tactic, I am playing a numbers game and there is no game better than the short sale game which can make you wealthy beyond your dreams.

Most agents, investors or even lenders do not know how a short sale works or how to negotiate a short sale successfully There are no seminars, Gurus or get rich quick schemes in the short sale industry and do not let anyone fool you. Short sale transactions are learned with experience and there in no one way of doing it. Each short transaction is a separate animal on its own with separate investors and numbers. There are very few investors who truly know how to successfully negotiate a short sale. Most investors have the perception that all that is necessary is to submit an offer and wait for the bank to give you an answer. If all goes well the offer will be accepted but in many cases it's not that simple. That's why a strategic plan is necessary before you even begin a short sale. You must set up a plan to persuading the lender to agree with your offer.

There are 2 key steps that will ensure success when negotiating a short sale with lenders:

1st. Evaluate all the numbers that the owner give you, such as the total amount of the 1st, 2nd or even 3rd trust deeds and determine if you indeed have a short sale opportunity on your hands. Obviously, if the total balance of all liens is greater that the "as is market value" of the property than you may have a candidate. The next step would be to qualify the homeowner to determine if they are truly in financial hardship and most homeowners are, especially if they are behind on their payments.. Many rookie investors are under the misconception that every homeowner facing foreclosure is a good short sale candidate. Not all deals are good short sale opportunities. You must know the difference between a good and a bad deal.

2nd Don't take no for an answer. If the lender says no you must ask yourself why? Lenders do not make decisions based on emotion, unlike most homeowners, their only concern is to negotiate and get the highest price on their investment and trust me, they will say no to offers dozens of times. When the end approaches and the property is scheduled to sale at auction, they may very well say yes to your offer. I personally expect to get a no on my first offer and second counteroffer before we get down to the real serious numbers in purchasing any given property.

Here is an deal which I recently purchased that I would like to share with you, the property was located in Los Angeles:

I got a call from an owner in distress on one of my advertisements. This owner was behind 3 months and a notice of default had already been filed. He had a 1st loan amount of $585,000 and 2nd loan amount of $95,000 the property was worth $620,000 in it's as is condition. I immediately had him sign an "authorization to release" and contacted the 1st lender within 2 days and asked them to send a short sale package, which they did. Long story short, my initial offer for the 1st and 2nd combined since one lender held both was $480,000. They send out their broker for a BPO or "brokers price opinion" which came in at $600,000 they countered me $580,000 back and forth some more and the final purchase price was negotiated to $495,000. I sold the property within 30 days for $605,000 netting $580,000 after commissions and closing costs. Net profit from this one deal was $70,000. Not bad for 3 months work.

This would have never happened if I accepted no from the bank. I must have received a "no" several times from the loss mitigator but I knew that if I was persistent and aggressively polite they would reconsider. Remember, the next time you are putting together a short sale offer, be prepared and take control of the deal. Never take NO for an answer. Be proactive not reactive. Don't just submit offers without having a game plan. Do yourself a favor and take advantage of the opportunity to make lots of money in an industry where great deals are hard to come by.

More info at http://www.RealEstateInvestorsLife.com Rick Sarouk is an active nationwide real estate investor and certified appraiser. He has been investing in foreclosure and preforeclosure real estate for the past 18 years.

Article Source: http://EzineArticles.com/

KPOs - offering great career opportunities for knowledgeable professionals by James Smith

KPO or Knowledge Process Outsourcing is a value added form of a BPO. While BPO is a highly process-based sector requiring lower level of expertise, KPO requires extensive knowledge in the domain being outsourced. India and China are emerging at the leaders in KPO due to the cost advantages and availability of talented resources. The segments of KPO in India The major segments that you can work in a KPO include legal services, financial services, engineering, R&D, market research, analytics, education, training, content development, healthcare services, pharmacy, and biotechnology, etc. If you have the required qualifications and some bit of experience in any of the fields mentioned above, you are the right candidate for a KPO job. Growing career opportunities in KPO sector Based on the rate at which KPO is growing, it is estimated that KPO sector would employ over 250,000 people by 2010. With new areas of specialization, opportunities are also increasing. Although the salaries of beginners in this sector might not be as high as BPOs, but as the performance level increases, the salaries also start increasing substantially. Eligibility for jobs in KPO Engineers, doctors, lawyers, CAs, MBAs, research analysts, scientific researchers and PhDs, who have extensive domain knowledge, can get great jobs in KPO. Right qualifications will easily lend you a job in a KPO company, but your growth will depend on how you perform. Although it is not a must to have a formal degree if you have a great deal of experience to boast about, but candidates with qualifications like MBA, B.E., B.Tech., M.Tech., MBBS, CA, LLB, B.Ed., Architecture, Journalism, etc., are preferred. Skills required for KPO jobs Knowledge Process Outsourcing companies look for highly-qualified and knowledgeable candidates with great analytical and research skills. For all the jobs good communication skills and command over English is absolutely necessary, as constant interaction with foreign clients is required. Proficiency in using all major computer applications like MS Office and online research skills are also very important for a KPO job. The other job-specific skills include appropriate writing capabilities, raw data analysis, report creation, client servicing, etc. KPO jobs vs. BPO jobs BPO jobs are great for beginners with limited experience, while KPO jobs require in-depth domain expertise. Although, BPO jobs might pay more initially, but considering the direction of career growth and salaries of senior employees in KPO, it is definitely a better choice for those looking for a more fulfilling and long-term career. Qualified individuals who perform well can get handsome salary packages in this sector - much higher than BPOs. KPO jobs require a higher commitment level and a positive attitude towards work.

Salaries in KPO jobs Qualified beginners may get anywhere between Rs. 7,000 to Rs. 9,000 per month in a KPO firm. If the candidate has the right experience, the salaries can be much higher. A person with 4 to 5 years of experience can get anywhere between rupees three to seven lacks per annum. The future of KPO in India is promising, so it is the best time to get into this sector and grow along with it.
----------------------------------------------------------------------------------------------------------------------------------------------------------------------- Re-Print Guidelines Do You Want To Use These Articles? FREE Re-Print Rights! Permission is granted to reproduce any of these articles but the article content CANNOT be altered and credit must be given to the author and also an active link to http://www.bpojobsite.com. As a courtesy, please email James at admin at bpojobsite.com if you decide to use any of his articles.

About the Author

Find the hottest Indian BPO jobs in Call Center, Software & Technology, Website Design, Data Processing and Transcription Services. http://www.bpojobsite.com

Offshore Outsourcing by sheena24

The Offshore Outsourcing industry always had a bright future in the so called third world. The initiative process included call centers operations and performing supplementary functions which in turn primarily included making or receiving calls. Inexpensive labor with manageable quality: was the source of Outsourcing functions to countries like India, Singapore or Philippines. Dialect being issue with two of the mentioned countries, India developed faster in the global scenario.

Though the process took some time; the vitality could be stated with the rated statistics. Outsourcing offshore industry took a major step when the so called BPO services started casting off its limitations. With the term Knowledge Process Outsourcing coming to picture, Outsourcing services aimed at particularly higher end processes. Information research, financial portfolio analysis, customer data mining, statutory reporting and inbound insurance sales being the leading departments to come bold through the process, Outsourcing and offshoring have opened up new venues. Constituent is the factor that the education pattern in the country is quite supportive for multi-dimensional growth.

Offshore Outsourcing does not just look at the factor of cutting cost. The advantages of the process include the fact that India- as a nation supports specialized studies and thus more customer oriented and knowledgeable solutions. Services have to come to a level of specialization and this nation is running fast and ahead as an Offshore Outsourcing nation. With services like patent writing, evaluation and assessment of law firms and entrepreneurs- showing lots of potential, India is the hottest destination for outsourced services. As a matter of fact, according to the latest reports 70-80% of the outsourced jobs come to India.

With a history of British colonial set-up in the country, the support for multilingual training institutes- the skill sets have helped the evolution of high end processes in the nation.

The Outsourcing Industry at times has faced much speculations and the protest against the process might not ever resolute. Offshoring outsourcing- by all economic means can only contribute to the growth of an economy. Better and efficient servicing of the customers and focused contribution are the benefits of the process, the reverting time period gets reduced- additional to the fact that the cost factor comes down considerably.

About the Author

More Information log on to Offshore Outsourcing

Hutch launches "Full pe Full" offer by InfoMailers.com

Source: Hutch Thursday, July 05, 2007 Editors: Telecommunications, Corporate News, Corporate Newswire, Business News, Business Newswire, Biz News.

Hutch launches "Full pe Full" offer

Talk time worth full value for Hutch prepaid customers in Haryana

Hisar, Haryana, India, Thursday, July 5, 2007 (Infomailers.com) :: Hutch, one of India's leading cellular service providers, today announced the "Full pe Full" offer for its prepaid customers in Haryana. As per this offer, customers will now, for the first time, get talk time worth the full value of all recharge options ranging from Rs.20/- to Rs.7000/-.

Hence, a customer getting a recharge of Rs.20 can now avail the entire amount i.e. Rs. 20 as talk time. This service offering ensures subscribers get more value on their talk time at no extra cost. To pass on this benefit to its customers, Hutch will bear the cost of the processing fee and service tax.

Bhuwan Kulshreshta, COO, Hutch, Haryana, said, "It has been our focus to make telephony more affordable. We are delighted to introduce this new offer wherein our customers can experience use of their investment to the fullest, without increasing their mobile expenditure."

This offer is spread across the entire range of Hutch's recharge portfolio in Haryana except for: - Bonus Cards (Apne Minutes, Bonus Card 20, Bonus Card 35, Bonus Card 15, Bonus card 27, Bonus Card 25 and Bonus card 55), - Specific denominations of Validity recharges (99, 200, 240, 340, 495, 540, 740) and -Special recharge promos (333, 414 and 666).

This offer is available across Haryana from July 6, 2007. Hutchison Essar established its presence in India in 1994 by acquiring the cellular license for Mumbai. It now has operations in 16 circles accounting for 70% of India's mobile customer base. With over 29.2 million customers, it is one of India's most reputed telecom companies.

Hutchison Essar, under the Hutch brand, over the years, has been named the 'Most Respected Telecom Company', the 'Best Mobile Service in the country', and the 'Most Creative and Most Effective Advertiser of the Year'.

Hutchison Essar is now part of Vodafone - the world's leading international mobile communications company. Vodafone now has operations in 26 countries across 5 continents and 36 partner networks with about 225 million proportionate customers worldwide. Vodafone has tied up with Essar as its principal joint venture partner for the Indian operation.

The Essar Group is one of India's largest corporate houses with interests spanning the manufacturing and service sectors like Steel, Oil & Gas, Power, Telecom & BPO, Shipping & Logistics and Engineering & Constructions. The Group has an asset base of over Rs.20 billion (US$ 4.4.billion) and employs over 4000 people.

For further information, please contact:

QuikRelations Chandigarh +91-98140-08919 pr@quikgroupindia.com

KEYWORDS: Hutch, Mobile, Mobile Services, Tariff, Corporate Newswire, Business News, Corporate News, Biz News.

About the Author

InfoMailers.com is the only online corporate newswire that disseminates corporate news items in 3 languages, ie, English, Hindi & Punjabi to more than 10,000 journalists through out India, across Print, Electronic & Internet media. InfoMailers.com also mails all news items to more than 15,00,000 Indian Net Users including more than 35,000 Industry leaders.

Maintaining of Paper Invoice Bill by Small Business by Mani Malarvannan

In all business whether it is big or small the different account process to handle the bill payment and invoices are nearly same. This account process is of two types: account payable and account receiving. Since these account process deals with cash flow so it should be handle carefully. In this generation Y there is several technologies like online bill payment, electronics invoicing which helps to removes the tedious paper work. But practically till today it has helped but cannot remove the paper work fully.Even today 80% of the invoice come in paper in small business" says the Aberdeen Group research report Different companies like Kofax, ReadSoft, AnyDoc and Abbyy developed data capture solutions for converting all the paper based invoices, checks, bills, and other documents into data to sent to the accounting or ERP systems. Large companies are using this software to increase the efficiency of the account department and they are successful in it. They have made productive gain in the accounts department. But small company can not use this software. Instead they do the maximum work manually. They use software only to scan their paper containing accounts documents. This is not a cost-effective solution. Reason for which small businesses are not using automatic account data capture software Most important reason is cost of this software is high. So small business firm cannot bear it. Not only buy this software but you have to also bear the cost of 1. Licensing Fee for the software (User based or CPU based access) 2. Hardware upgrade to install the software 3. Training for your employees 4. Software support and maintenance This Software may not be suitable for the interface used by you. Then you again have to change the interface to suit the software. Invoice bill , checks comes in different size and shapes. Important documents like customer name, address, amounts are written at different places in the paper documents. Now if the paper documents contain hand written notes then it may create problem for the software as it may not scan the data properly. Vendors still embraced OCR and ICR technologies into their product to capture the account data accurately from the scanned images. So there is a long way to go to remove manual entry.

Small business must use offshore outsource vendor for different account processes. They can use their existing infrastructure to send the data securely through internet to offshore location to get process by offshore vendor. For more details read Cybelink Secure BPO Using an offshore provider will not change the process of management in the accounts department of the small business. Only change is per scanned images will be converted to accounting software or ERP system After receiving the scanned images, following are the typical tasks performed by the offshore vendor. * 1. Use automated and manual process to extract all the data like invoice number, invoice date, and check number from the images. * 2. Hardware upgrade to install the software * 3. Enter extracted data to small business accounts software * 4. Perform other accounting operations like Invoice preparing, Bill payment, and Check Printing in the small business account software. * 5. Export the work from the accounting software to a file. * 6. Send the file to the small business to import it into their accounting software for verification. After receiving the finished files from the offshore vendor, small business companies can import it into their accounting or ERP systems for verification and further processing it. Cost of paper document reduces by 50% if this off shoring is done. Small businesses need to overcome issues like offshore security and offshore outsourcing cultural issues. But by carefully managing their offshore vendors' small businesses can gain the cost reduction and operational efficiency in their accounts payable and account receivable operations. s

About the Author

Mani Malarvannan is cofounder of Cybelink, a company specializes in small business financial and accounting outsourcing like Bookkeeping, Tax, Accounts Payable, Accounts Receivable, etc. For more info visit www.cybelink.com

Step By Step Short Sale Process

To make things easier for realtors here is the information you will need to do a short sale. Investors can use this guide also there are just a few things that are done differently.

1. Get a list of people in foreclosure or work from your referral base to send letter to potential clients in foreclosure.
2. Talk with homeowners
3. Meet with homeowners in foreclosure
4. Tell them you are a realtor and that you will be contacting the bank to list your property at a discount + your fee.
5. Get paperwork from homeowner to show the bank that there is a hardship.

6. Paperwork includes:

a. Authorization to Release Loan Information

b. Cover letter

c. Listing contract agreement

d. 2 year tax returns

e. W-2

f. 2 Months Bank Statements

g. Hardship letter

h. Personal financial statement
7. Call bank or lender to get loss mitigation number or use the list in this book.
8. Contact loss mitigation and fax over authorization
9. Call 2 days later and make sure the authorization is in their system.
10. Once authorization is in system, send over short sale package to the loss mitigation fax. (Note the fax may be the same for the authorization and short sale package)
11. Wait 3 to 5 days call loss mitigation to make sure they got the paperwork.
12. Meet BPO appraiser at the property to get the price that you need to sell the house at.
13. Once assigned to negotiator, then work with them to get the price you need to sell the property and get the time you need to sell it.
14. Once you get the ok from the negotiator, sell the property.
15. Sometimes in the MLS you will see the agent put short sale contingent upon bank approval. This has to do with the offers, if it is too low the banks will not sell.

I have given you a step-by-step guide to doing a short sale. I have been doing deals for a long time, so everything I am telling you works. These are tested methods, not theory. You must consistently call the lender and keep marketing. Consistency will get you the great deals to be successful at this type of business. Good Luck!

I have a college degree and I know that a job can be frustrating and depressing. I wanted more for my wife, daughter and son, frankly, our family deserved better. So out of frustration I searched for something better…and found it. What I came across was real estate investing, and it has changed my life for the better. For the last ten years I have been creating wealth and generating large paychecks on deal after deal. To help you out I am giving away 27 must have real estate legal forms and 6 ebooks on real estate investing for free just go to http://www.TheRealEstateLegalWizard.com

Copyright 2007 Derek Carter

Article Source: http://EzineArticles.com/

The European Union - A Linguistic Tower of Babel

The story goes that after the destruction of the Tower of Babel, mankind was confounded by having to speak a multitude of languages and thus, any attempt at unified objectives would come to naught. It seems, however, that some 2,000 years later, The European Union is spawning a whole industry in translation services in order to keep up with the languages used in the decision making process.

With some 20 officially recognised sovereign languages, the EU's inclusive philosophy renders the task of running the European Parliament a truly formidable one. The problem is highlighted by two interesting facts; firstly, only around 40% of Europeans are multilingual and secondly, 20 languages yield a total of around 190 possible language combinations (e.g. German-French, Czech-Greek, Danish-Dutch etc).

The implications of these figures are truly astounding. To run a single session of the European Parliament requires a minimum of three interpreters per translation booth; this means that each session requires at least 60 interpreters to be able to function at all.

Even before new countries accede to the EU, as was the case recently with the ascension of Romania and Bulgaria, the corpus of existing EU law, the acquis communautaire, consisting of some 90,000 pages, must be translated into that country's language. Although the responsibility for this rests with sovereign governments, this still leads to an EU led recruitment of translators within the sovereign countries. Additionally, once the translations are complete, the EU will be responsible for finalizing and publishing them, and for hiring translators of these languages for permanent roles within the European Parliament.

The body responsible for fulfilling the EU's needs for translation and linguistic advice is the Directorate General for Translation (DGT). The DGT has a permanent staff of 2,200 linguists who are stationed in Brussels and Luxembourg. The DGT is organized along language lines with a separate department for each official language. Each department is further divided up into units which specialise in EU policy areas, such as agriculture, energy and employment - each unit has a minimum of 20 translators.

The current number of full-time EU translators and interpreters is truly staggering, as is the cost estimated at some EUR 800 million in 2006, with the trend only looking to increase. For an idea of the possible magnitude of future recruitment, let us look at the figures for the last expansion. This expansion led to the recruitment of 473 additional full time translators, additionally the DGT recruited 7 'seconded national experts' from the ascension countries and a total of 27 support staff (although 99 more are still to be engaged). On top of this the DGT also outsources work to freelance translators and translation agencies in the UK and across Europe.

Any new countries wishing to join the EU will precipitate a similar wave of recruitment of linguists and support staff. With this huge recruitment of translators, along with the maintenance of current staffing a necessity for the EU to even function, the EU's tower of Babel is looking decidedly creaky!

Ioana Mihailas is a linguist for Lingo24 Translations Companies UK, a company that offers the services of some of the best financial translators in London.

Article Source: http://EzineArticles.com/

Do Lenders Really Mistreat Foreclosure Victims?

The question of whether lenders mistreat foreclosure victims has two sides and both are based on historical fact. The lenders' side is homeowners are financially irresponsible and are breaking a legal contract with the lender. The homeowners' perception of the foreclosure is that the lender is unresponsive to their need for help and wants to steal their home. Ironically, any or all of these accusations can be true at the same time.

The lender makes money from a couple of sources when they give mortgages or deeds of trust to homeowners to finance a home purchase. The most obvious is the interest charged on the loan. The lender makes the difference between the borrowed cost of money and the final interest rate charged the homeowner. Lenders borrow money from its savings account holders and the Federal Reserve. The lenders also make money from the closing points charged the borrower, which can be equivalent to many monthly mortgage payments. Since the average homeowner owns a home for about five years, the lenders get these closing costs (points) over and over from the same borrower. Other income comes from the sale of the lender's foreclosed properties called REO's (Real Estate Owned). Yes, banks can and do make money on foreclosures. It is not a calculated part of their income stream but it does happen particularly when the lender plans it by taking equity-rich properties back from homeowners.

The homeowners' perception may also be correct because the lender is often unresponsive or not supportive because it is one of tens of thousands the lender has to deal with at any given time. The lender's loan mitigation officer may have hundreds of files working at one time and is often unreceptive to calls from homeowners. A very few lenders have developed departments with field personnel to visit the homeowners and show them solutions. The lender gets an appraisal or BPO (Broker's Price Opinion) as soon as the loan is delinquent by a few weeks. This estimated fair market value of their home is used to determine whether the lender can get the remaining loan balance back from the sale of the property. This estimated resale value has to affect how the borrower will be treated, either with an aggressive attitude to get the property back and get the home's equity by offering a "Deed in Lieu of Foreclosure", or with a different legal approach to have the homeowner keep the problem property.

Lenders use strictly a financial determination to resolve the problem of the foreclosure because it is in their best interests. This cut-and-dry decision often results in the homeowner getting minimal help from the lender. Homeowners can simultaneously be correct in their perceptions because the lender may want their property for its equity and homeowners only see that the loss mitigation representative is unresponsive to their phone calls. The best solution is for the homeowner to steer the foreclosure process and understand his rights without possible biased help from the lender.

Dave Dinkel is the author of "32 Ways to Quickly Stop Foreclosure" and has been helping foreclosure victims for nearly 33 years. If you are facing foreclosure, visit http://www.StopMyForeclosureMess.com The author also teaches homeowners how to get the most money for their home - visit www.FSBOautopilot.com for more information.

Article Source: http://EzineArticles.com/

The question of whether lenders mistreat foreclosure victims has two sides and both are based on historical fact. The lenders' side is homeowners are financially irresponsible and are breaking a legal contract with the lender. The homeowners' perception of the foreclosure is that the lender is unresponsive to their need for help and wants to steal their home. Ironically, any or all of these accusations can be true at the same time.

The lender makes money from a couple of sources when they give mortgages or deeds of trust to homeowners to finance a home purchase. The most obvious is the interest charged on the loan. The lender makes the difference between the borrowed cost of money and the final interest rate charged the homeowner. Lenders borrow money from its savings account holders and the Federal Reserve. The lenders also make money from the closing points charged the borrower, which can be equivalent to many monthly mortgage payments. Since the average homeowner owns a home for about five years, the lenders get these closing costs (points) over and over from the same borrower. Other income comes from the sale of the lender's foreclosed properties called REO's (Real Estate Owned). Yes, banks can and do make money on foreclosures. It is not a calculated part of their income stream but it does happen particularly when the lender plans it by taking equity-rich properties back from homeowners.

The homeowners' perception may also be correct because the lender is often unresponsive or not supportive because it is one of tens of thousands the lender has to deal with at any given time. The lender's loan mitigation officer may have hundreds of files working at one time and is often unreceptive to calls from homeowners. A very few lenders have developed departments with field personnel to visit the homeowners and show them solutions. The lender gets an appraisal or BPO (Broker's Price Opinion) as soon as the loan is delinquent by a few weeks. This estimated fair market value of their home is used to determine whether the lender can get the remaining loan balance back from the sale of the property. This estimated resale value has to affect how the borrower will be treated, either with an aggressive attitude to get the property back and get the home's equity by offering a "Deed in Lieu of Foreclosure", or with a different legal approach to have the homeowner keep the problem property.

Lenders use strictly a financial determination to resolve the problem of the foreclosure because it is in their best interests. This cut-and-dry decision often results in the homeowner getting minimal help from the lender. Homeowners can simultaneously be correct in their perceptions because the lender may want their property for its equity and homeowners only see that the loss mitigation representative is unresponsive to their phone calls. The best solution is for the homeowner to steer the foreclosure process and understand his rights without possible biased help from the lender.

Dave Dinkel is the author of "32 Ways to Quickly Stop Foreclosure" and has been helping foreclosure victims for nearly 33 years. If you are facing foreclosure, visit http://www.StopMyForeclosureMess.com The author also teaches homeowners how to get the most money for their home - visit www.FSBOautopilot.com for more information.

Article Source: http://EzineArticles.com/

Using a "Deed in Lieu Of" to Stop a Foreclosure

Recently lenders have been taking deeds in lieu of foreclosure from homeowners to resolve foreclosures. The lender simply accepts a deed in exchange for forgiving the homeowner of his mortgage or deed of trust loan.

Let's look more closely and see the ramifications of this legal transaction. It usually starts after the homeowner has fallen behind on his loan payments and is considering foreclosure, or he has already been served with a "default notice". Time is against the homeowner because the lender will or already has started foreclosure proceedings. The homeowner is being bombarded by outside information sources because his foreclosure has become a part of the public record or he is getting information from well-meaning but uninformed people.

As soon as the homeowner notifies the lender of his impending problem or his loan is delinquent, the lender orders an appraisal or BPO (Broker's Price Opinion) to determine its market value. The lender now knows if he can make money on the property if he takes it back at a foreclosure auction. The lender's decision will be strictly financially motivated from this point forward. The risk of taking the property by foreclosure includes the higher legal costs, an extended loss of interest on the loan, real estate market risk, realtors®' commissions, and any other open liens on the property that can't be extinguished at the auction. The lender now factors in the minimal cost and shorter time required to get the home by taking a deed from the homeowner but in lieu of continuing the foreclosure. If the appraisal comes back with a value of 80% or less of the loan balance due, the lender would be irresponsible to take the deed and would continue the foreclosure. The other determining factor is whether there are other liens against the property such as a second mortgage or mechanics liens. Sometimes these liens can be larger than the first mortgage and the lender will not accept the property with these liens still attached to it.

If the lender agrees to accept a deed in lieu of foreclosure, it is not completely over for the homeowner. The lender will submit an Acceptance Agreement that the homeowner must sign as well as a new deed. The terms of this agreement may stipulate that if the lender sells or transfers the property for less than what is owed on the loan (including all penalties, interest, and attorneys' fees), the guarantor of the loan will owe the lender this difference. This deficiency amount can then be granted by the courts as a deficiency judgment against the loan guarantor.

So is the "Deed in Lieu of" an ideal solution for a homeowner in foreclosure? Not unless the terms of the Acceptance Agreement release the guarantor from future liability (deficiency judgment). Another option is to sell the property at a break-even point and repay the loan then his credit report won't be negatively impacted by the lender's reporting a loan write-off as with the deed exchange.

Dave Dinkel is the author of "32 Ways to Quickly Stop Foreclosure" and has been helping foreclosure victims for nearly 33 years. If you are facing foreclosure, visit http://www.StopMyForeclosureMess.com The author also teaches homeowners how to get the most money for their home - visit www.FSBOautopilot.com for more information.

Article Source: http://EzineArticles.com/

Offshore IT Outsourcing

IT (Internet Technology) companies from advanced countries are increasingly outsourcing their work to developing countries in Latin America, Africa, Asia and the Middle East. The main motive behind this outsourcing of IT work is to reduce the costs to the company. An estimated 50% can be reduced by outsourcing IT jobs to offshore countries with lower economies.

Most companies that undertake outsourced work, such as BPOs (Business Process Outsourcing), can handle many aspects of IT works. These aspects may range from software developing and testing, help desk support and data entry and processing. Offshore IT companies usually hire proficient professionals to develop software such as .NET, Java/J2EE, wireless/mobile application developments, database solutions and smartcard solutions among others. These professionals may be permanent employees of the offshore BPO, or they may be hired from time to time on a contractual basis.

Outsourcing IT to other countries does not always mean huge projects outsourced by big companies. Even individual work is sometimes outsourced. India is indisputably the hub of outsourced IT work -- mostly from America. In Bangalore, India alone, there are 110,000 employees who perform jobs like building software, designing chips, reading MRIs, running computer systems, etc. These people are IT professionals who may work at a rate of less than $7 an hour. This certainly saves the American company a lot of money; while, at the same time, adds fuel to the foreign economy.

Offshore IT companies need to be dynamic. Outsourcing companies prefer their offshore counterparts to keep in tune with rapidly the ever-changing information technology. Hence, companies that undertake IT outsourced jobs continually upgrade their employees sending them for training in the country of the parent company. BPOs hire their employees from time to time from among a pool of qualified people who have extensive IT knowledge, as well as proficiency in the English language.

Offshore Outsourcing provides detailed information on Offshore Outsourcing, Offshore IT Outsourcing, India Offshore Outsourcing, Offshore Call Center Outsourcing and more. Offshore Outsourcing is affiliated with E Procurement Solutions.

Article Source: http://EzineArticles.com/

Call Centers in India

Call centers in India sprang up in early 2001, and since then have become a big industry. The number of incoming phone calls has also increased due to the increase in the amount of clients.

India first benefited from the offshoring trend as it has a large pool of English speaking and technically proficient manpower. India's offshoring industry took roots in low-end IT functions in the early 1990s, and has since moved to back-office processes such as call centers and transaction processing. In the late 1990s, India's abundant and cheap software engineering talent combined with massive demand from the Y2K problem helped India to attract large-scale software development projects for US based customers. Currently, India's engineering talent has made India the offshoring destination of American high-tech firms, including Intel, AMD, Microsoft, Oracle, and Cisco. Each of these companies has promised or is in the process of investing at least $1 billion in India, to retain market share in the face of competition and cost-cutting measures of rivals and industry in general.

Since the year 2000s, India has seen double-digit wage growth due to the offshoring boom. Consequently, Indian's operations are now diversifying and attempting to branch out to other high-end work in addition to software and hardware engineering. These jobs include research and development, equity analysis, tax-return processing, radiological analysis, medical transcription, and more. After technical progress in telecommunications improved the possibilities of trade in services, India is a country leading in this domain.

Also the emergence of call centers has given rise to a new generation of youngsters who are making a career in customer service. Also it has proved to be a great employment generation industry and has thrown open newer and exciting options in terms of career prospects. The so-called BPO boom in India is being seen as the next industrial revolution.

Call Centers provides detailed information on Call Centers, Inbound Call Centers, Outsourcing Call Centers, Conference Call Centers and more. Call Centers is affiliated with Call Center CRM Solutions.

Article Source: http://EzineArticles.com/

Outsourced Bookkeeping

Outsourcing has been a popular option for cost cutting for quite some time now. Companies looking to reduce their overheads and to focus on their core business opt to outsource a large number of their processes. Today, several large organizations all over the world are outsourcing a significant amount of their work. The proliferation of Internet makes outsourcing easier and more cost effective.

Bookkeeping has been one of the most outsourced processes in the market. There are several small companies and freelancing groups who specialize in all sorts of accounting processes available in the market at a very low cost. Large organizations utilize this chance and outsource their bookkeeping process to these places. There are lots of advantages in outsourcing the bookkeeping process of a company.

The cost factor plays the most important role in outsourced bookkeeping. There are small companies which take care of the entire accounting process at half of the usual rate of the large corporations. Not only is their rate cheaper, but their work is also competitive with what is available on the market.

Companies who use internal bookkeeping systems face problems when people responsible for this work are employed part time, or fall sick, or quit the organization without proper notice. With outsourcing, there are no such problems as they will always get the information on time.

As the real estate prices are rising, it is very difficult and expensive for the companies to find adequate office space for their entire operation. If they outsource their bookkeeping, they do not have to rent a large space and pay huge power bills as much of their office works are done at others' premises. They can utilize these funds for their core business activities such as sales and marketing and can convert cost centers into profit centers.

As highly qualified personnel handle the outsourcing work, companies can get any amount of work done at a cheaper rate, without compromising on the quality factor. Most of the BPO companies strictly adhere to quality control procedures and deliver accurate and reliable information.

Overheads will be considerably reduced by outsourcing, as the company need not incur various expenditures like hiring employees, paying for advertisements, and lots of other hidden expenses. Companies can also save lots of money in training their employees for bookkeeping.

Bookkeeping provides detailed information on bookkeeping, bookkeeping services, bookkeeping jobs, bookkeeping software and more. Bookkeeping is affiliated with Business Administration Degrees.

Article Source: http://EzineArticles.com/

Software Solutions To Your Hands

With gradual development of the offshore programming market, accents in the choice of the software providers changes.

A few years back a basic question set before foreign companies, searching partners for performing of the outsourcing projects, was to find a company with specialists in programming languages C++ and Java. But the world market of software grows by huge rates. For today 72% enterprises, consuming IT-services, make a choice toward outsourcing.

And now companies require answers for more practical questions: how to raise effectiveness of work spending less money; how to outperform the competitors in the conditions of the limited resources; how to properly and effectively conduct the outsourcing process.

A choice of company, offering outsourcing services, on the current competitive market is quite difficult. Professionalism of company’s employees and level of trust to the company, its ability to execute the obligations before a customer are important.

Therefore information on offshore software development tips enjoys popularity. Glance on a site where free of charge such useful articles are presented:

Software Project Planning, Risk Management Basics, Offshore Outsourcing Costs, Outsourcing Risks, History Of Outsourcing, EXtremal Testing, BPO Or ITO, Home Offshore Destinations, Offshoring, Choosing Provider, Software Testing Basics, Secure Offshore Outsourcing.

Welcome at software256.com to find answers to your company’s particular questions. Make your outsourcing custom software projects successful. We created this site in order to express our good and bad experience of Offshore Software Development in Development Projects for overseas Clients.This site will be interesting both for you (Coding Group) and for your potential and current Clients.

http://software256.com/

Article Source: http://EzineArticles.com/

The Philippine Call Center Phenomenon

A curious sight has started appearing in the business districts of the Philippines: yuppies-coffee cup in one hand and a cigarette in another-hanging around the entrance of a building late at night or very early in the morning. The nocturnal office workers are call center employees, and seeing them taking coffee breaks during ungodly hours are bound to be more common.

Over the past few years, the emergence of numerous foreign- and locally-owned call centers in the country has made the contact center industry one of the most important segments of the Philippine economy. Aside from creating thousands of well-paying jobs for Filipinos, the call center industry also contributed 10% of the country's gross domestic product.

But what is truly phenomenal is the speed by which the industry has grown.

In 2000, there were just four call centers in the country. By 2005, it has grown to include 105 inbound and outbound contact centers. Along with India and China, the Philippines is now considered as one of the world's key players in offshore call center outsourcing.

The Philippine Board of Investors also reports that the industry has grown at a steady rate of 100% every year since 2001. Insiders attribute the extraordinary growth of call centers in the country to many factors.

First and foremost to the fact that many companies (particularly in the U.S.), choosing to streamline and focus on their core-competencies, have started outsourcing to countries like the Philippines where the cost of labor is considerably lower.

Conditions in the country are also very conducive to the growth of the call center industry. The Philippines has a large number of competent, English-speaking workforce (about 3 million Filipinos graduate from college each year) that can easily fulfill the needs of the contact center industry.

Another reason for the rapid growth of the call center industry in the Philippines is the fact that for many companies who outsource, Filipinos provide better service, especially when it comes to customer support, than their Indian or Chinese counterparts. So while labor costs in the Philippines are higher than in India, many companies still choose to outsource to the country because of the high-quality output and service Filipinos provide.

The 50 years the Philippines spent as a US colony and its penchant for Hollywood and most things American also contribute to the boom of the Philippine call center industry. Filipinos, the industry insider explains, are very familiar with what's happening in the US, their culture and slang. This makes us better-equipped to understand their cultural nuances than Indian or Chinese call center agents.

The fact that the country has stable and reliable infrastructure in place is another reason why foreign companies are outsourcing some of their services to the Philippines.

CONTINUOUS GROWTH

Experts note that the Philippine BPO industry's growth is bound to continue as many firms in the country are already expanding by offering more high-value services. Expressing their confidence, key players are targeting to take 5% of the $180 billion the global call center industry is expected to generate in 2010, and sustain the industry's rise. Visit this site for more information on call centers and their services.

Maraya Mullen is a copywriter affiliated with One Global Contact Center, a call center that serves some of the world's leading companies.

Article Source: http://EzineArticles.com/

Captives vs Third Party Vendors AEC Industry - Making An Intelligent Choice

The AEC Business Trends Survey 2007 conducted by Zweig White identifies the four main challenges facing leading AEC firms today: lack of qualified workers, overall performance of the US economy, providing necessary training and profitability. Smooth, dependable and customer-oriented operations is a key part of the financial equation, this is where AEC firms need to make a choice: setting up a shared services set-up/captive or involve a third-party vendor, which is more lucrative.

The argument proffered in favor of the captives is that if the volume of architectural design, CAD services, engineering design and documentation to be transferred to India, Philippines or any other potential AEC outsourcing hub support a viable business venture why give the business opportunity to some third party. There is also a parallel thinking afloat that captives, better called Shared Services Organizations (SSO), are actually not as efficient, cost or otherwise, as third party providers who are pure players.

Outsourcing models adopted by AEC firms are based on ease of operations at low costs. The rates offered by established well-staffed and equipped Architecture Engineering Outsourcing firms are in many cases 10-15% lower than the price at which the captives perform the task. This has prompted the parent organizations of the captives to seek competitive quotations from third-party vendors. Experience of SSOs in the US has been uncertain. ENR Top 30 AEC firm in the USA, for instance, set up a huge Design Support Center to centrally provide complete CAD documentation and drafting but sold off its facility after some years to a leading third party CAD Outsourcing firm HQ in Chicago and design operations in New Delhi, India, and started outsourcing all its design process needs from the third party supplier. Some of the reasons why the growth of SSO is stymied are governance issues, technology and best practices, investment, human resources, and transfer pricing.

The shift to third party vendors is due to considerable efforts needed to establish captives. The third-party vendor model for architectural and engineering outsourcing is ideal to hand-over repetitive tasks (like CAD drafting services, architectural documentation services, and, engineering design services) to vendors in the global AEC outsourcing domain who are experts in your non-core functions. Outsourcing to a third-party vendor is all about getting superior quality service at lower cost and minimum involvement in a company’s non-core but essential operations.

India has an edge over other outsourcing hubs. Reasons why AEC firms are opting for the third-party vendor model, especially in India, are due to recognized higher education system, technological edge, infrastructure with global standards, English as an advantage, India’s success as a BPO market. Satellier, based in Noida and Kolkata, in India, is a good example of a third-party vendor which caters to top 15 of the 30 leading AEC firms in the world providing innovative, end-to-end design support services for the architecture, engineering and construction industries.

The third-party vendor model is definitely where the market is moving. With the advantages of being able to delegate non-core functions and concentrate on value-addition AEC firms worldwide are opting for third-party vendor specializing in architectural and engineering design, drafting, CAD and Building Information Modeling services that suit their needs. Third-party outsourcing will deliver benefits to the company in the areas of focus, process optimization, and streamlined information processing and most of all cost savings. Captives have several challenges to face and only those who are able to source and sustain a minimum workforce of 300 professionals will be able to successfully run their offshore operations. AEC design services being a specialized highly technical knowledge service, AEC firms must carefully evaluate which model to adopt based on pros and cons of each.

Article Source: http://EzineArticles.com/

The Philippine Call Center Phenomenon

A curious sight has started appearing in the business districts of the Philippines: yuppies-coffee cup in one hand and a cigarette in another-hanging around the entrance of a building late at night or very early in the morning. The nocturnal office workers are call center employees, and seeing them taking coffee breaks during ungodly hours are bound to be more common.

Over the past few years, the emergence of numerous foreign- and locally-owned call centers in the country has made the contact center industry one of the most important segments of the Philippine economy. Aside from creating thousands of well-paying jobs for Filipinos, the call center industry also contributed 10% of the country's gross domestic product.

But what is truly phenomenal is the speed by which the industry has grown.

In 2000, there were just four call centers in the country. By 2005, it has grown to include 105 inbound and outbound contact centers. Along with India and China, the Philippines is now considered as one of the world's key players in offshore call center outsourcing.

The Philippine Board of Investors also reports that the industry has grown at a steady rate of 100% every year since 2001. Insiders attribute the extraordinary growth of call centers in the country to many factors.

First and foremost to the fact that many companies (particularly in the U.S.), choosing to streamline and focus on their core-competencies, have started outsourcing to countries like the Philippines where the cost of labor is considerably lower.

Conditions in the country are also very conducive to the growth of the call center industry. The Philippines has a large number of competent, English-speaking workforce (about 3 million Filipinos graduate from college each year) that can easily fulfill the needs of the contact center industry.

Another reason for the rapid growth of the call center industry in the Philippines is the fact that for many companies who outsource, Filipinos provide better service, especially when it comes to customer support, than their Indian or Chinese counterparts. So while labor costs in the Philippines are higher than in India, many companies still choose to outsource to the country because of the high-quality output and service Filipinos provide.

The 50 years the Philippines spent as a US colony and its penchant for Hollywood and most things American also contribute to the boom of the Philippine call center industry. Filipinos, the industry insider explains, are very familiar with what's happening in the US, their culture and slang. This makes us better-equipped to understand their cultural nuances than Indian or Chinese call center agents.

The fact that the country has stable and reliable infrastructure in place is another reason why foreign companies are outsourcing some of their services to the Philippines.

CONTINUOUS GROWTH

Experts note that the Philippine BPO industry's growth is bound to continue as many firms in the country are already expanding by offering more high-value services. Expressing their confidence, key players are targeting to take 5% of the $180 billion the global call center industry is expected to generate in 2010, and sustain the industry's rise. Visit this site for more information on call centers and their services.

Maraya Mullen is a copywriter affiliated with One Global Contact Center, a call center that serves some of the world's leading companies.

Article Source: http://EzineArticles.com/

Captives vs Third Party Vendors AEC Industry - Making An Intelligent Choice

The AEC Business Trends Survey 2007 conducted by Zweig White identifies the four main challenges facing leading AEC firms today: lack of qualified workers, overall performance of the US economy, providing necessary training and profitability. Smooth, dependable and customer-oriented operations is a key part of the financial equation, this is where AEC firms need to make a choice: setting up a shared services set-up/captive or involve a third-party vendor, which is more lucrative.

The argument proffered in favor of the captives is that if the volume of architectural design, CAD services, engineering design and documentation to be transferred to India, Philippines or any other potential AEC outsourcing hub support a viable business venture why give the business opportunity to some third party. There is also a parallel thinking afloat that captives, better called Shared Services Organizations (SSO), are actually not as efficient, cost or otherwise, as third party providers who are pure players.

Outsourcing models adopted by AEC firms are based on ease of operations at low costs. The rates offered by established well-staffed and equipped Architecture Engineering Outsourcing firms are in many cases 10-15% lower than the price at which the captives perform the task. This has prompted the parent organizations of the captives to seek competitive quotations from third-party vendors. Experience of SSOs in the US has been uncertain. ENR Top 30 AEC firm in the USA, for instance, set up a huge Design Support Center to centrally provide complete CAD documentation and drafting but sold off its facility after some years to a leading third party CAD Outsourcing firm HQ in Chicago and design operations in New Delhi, India, and started outsourcing all its design process needs from the third party supplier. Some of the reasons why the growth of SSO is stymied are governance issues, technology and best practices, investment, human resources, and transfer pricing.

The shift to third party vendors is due to considerable efforts needed to establish captives. The third-party vendor model for architectural and engineering outsourcing is ideal to hand-over repetitive tasks (like CAD drafting services, architectural documentation services, and, engineering design services) to vendors in the global AEC outsourcing domain who are experts in your non-core functions. Outsourcing to a third-party vendor is all about getting superior quality service at lower cost and minimum involvement in a company’s non-core but essential operations.

India has an edge over other outsourcing hubs. Reasons why AEC firms are opting for the third-party vendor model, especially in India, are due to recognized higher education system, technological edge, infrastructure with global standards, English as an advantage, India’s success as a BPO market. Satellier, based in Noida and Kolkata, in India, is a good example of a third-party vendor which caters to top 15 of the 30 leading AEC firms in the world providing innovative, end-to-end design support services for the architecture, engineering and construction industries.

The third-party vendor model is definitely where the market is moving. With the advantages of being able to delegate non-core functions and concentrate on value-addition AEC firms worldwide are opting for third-party vendor specializing in architectural and engineering design, drafting, CAD and Building Information Modeling services that suit their needs. Third-party outsourcing will deliver benefits to the company in the areas of focus, process optimization, and streamlined information processing and most of all cost savings. Captives have several challenges to face and only those who are able to source and sustain a minimum workforce of 300 professionals will be able to successfully run their offshore operations. AEC design services being a specialized highly technical knowledge service, AEC firms must carefully evaluate which model to adopt based on pros and cons of each.

Article Source: http://EzineArticles.com/