Why and where to outsource data entry

services? - New ApproachBy:

Aitomation

Outsource Data Entry Services - A New Approach

Reasons to Outsource:1. There are many reasons to outsource the data entry part and it makes sense as well to do so. With

cheap labor available in many different countries along with good BPO service providers. The following are the main reasons to outsource.

2. Lower costs. Usually outsourcing is done in countries like India and Pakistan and other 3rd world countries where the cost of labor is cheap.

3. The BPO`s usually have a good number of employees. So the company hiring them doesnt have to bear over head costs or go through the human resource process. This is a huge factor.

4. They are already experts in the areas. BPO`s are sort of experts who already have a good managed system and they can easily do something like that.

5. More time to focus on core business. When you have outsourced all the boring and mundane work. You can focus on your key areas.

6. Some companies also outsource to help them expand and gain access to new market areas, by taking the point of production or service delivery closer to their end user.

Outsource Data Entry Services - Robotic Process Automation

The world of BPO is changing fast. Usually after a company has considered the reasons to automate. They would conventionally go for a business process outsourcing company. The companies and industries have been around for a long time as well. So it makes sense to consider them. We recently wrote on this, with our sort of guide to finding the best outsourcing companies and things to consider.

However over here, we are going to talk about a different approach to outsourcing of data entry services. The approach constitutes of robotic process automation. What this essentially means is that instead of hiring people to do the work of data entry. Which can take a lot of time and no guarantee of 100% accuracy. The new approach is the one in which data entry services are automated. So all your form filling tasks, image reading tasks are automated. These will result in growth of your business in the following ways.• You will get all of your work done in practically little or no time. One study found

that Robotic Process Automation is 150 times faster in performing data entry services than a human being. Ofcourse it makes sense. Since the data is being read by the computer.• Accuracy - Almost all of the work (97-99%) is accurately done by the computer.

Because it is bot that is reading the processed image/document. The bots are very quick to read and they dont make mistakes. Since they dont tire.• 24/7 work. This is perhaps the biggest advantage. While humans can work at 8

hours(that too with decreasing concentration). Bots dont sleep or tire out.

When you should not go for automation?Despite all the advantages of automation. There are certain times when it doesnt make sense to opt for automation. Rather it makes more sense to outsource to a BPO. The reason for this is that there are still issues with handwritten data reading. The computer bots that automation provides is yet to fully successfully read the data that is written by hand. Although many software's do claim a 80% above correct reading of documents (handwritten). it is still not up to the mark according to us. This is one of those areas however that aitomation is looking very closely at and hopefully will have the answer to in the next couple of years.If you would like to know more about robotic process automation can actually aid in data entry services, please contact us here.