KPO from India - The new KPO outsourcing destination

KPO from India - The new KPO outsourcing destination
India has now established as the most preferred KPO (Knowledge Process Outsourcing) destination for the companies around the world. The KPO has advantages of top Indian talent in the fields that require special skills, expertise and knowledge perfections.

KPO (Knowledge Process Outsourcing), what is it?
KPO is an extension of offshore BPO. It is the high-end activity of the BPO industry and is estimated to have a magnificent growth in the next few years. To processes the demand of advanced knowledge, analytical interpretation and technical skills. For sure, the average KPO employee is expected to have better qualifications, skills and knowledge as compared to his/her BPO counterpart.

kind of jobs it covers:
Fields of work that the KPO industry includes are intellectual property, patent research, content development, R & D in pharmaceuticals and biotechnology, market research, equity research, data research, database creation, analytical services, financial modeling, design and development in automotive and aerospace industries, animation and simulation, medical content and services, remote education, publishing and legal support. MBAs, PhDs, engineers, doctors, lawyers and other specialists are expected to be much in demand. The rates for KPO jobs will also be higher and estimated to be approximately four times that of a BPO job.

What can be done in India
with KPO services as stayed here and Indians can now benefit much more than anytime before. Large number of talents and supportive government policies together makes India the most suitable environment for KPO. Several global players are already investing in India. As with the BPO sector, India is cost-effective and provides a vast intellectual talent. Plus expertise in areas such as research and analysis.


For any outsourcing need, you can visit "The One-Stop Outsourcing Services" provider at http://www.cisin.com

Law Firm Back-Office Offshore Support

Law Firm Back-Office Offshore Indian Support
Overview
Many small to mid size law firms often neglect their billing and end up with large receivables. Billing work for them requires some domain knowledge of the legal process in US. An additional complication comes because they treat each case matter as a separate “accounting unit” and all the costs and incidental expenses need to be accounted for separately.

Challenges

• Handling lot of paperwork
• TAX
• Managing peak load
• Long processing time

CIS’s Back-Office Services Provides
The law firm specializes to represent the government in each cases.
The work starts from the time a request to initiate a case is received by the law firm
All the paperwork (including every small email) needs to be filed electronically given the nature of the business.
The matter has to be setup in the in-house software used for handling the Law Firm Practice.
Bills generation and submittal online to various government offices for claims.
Updates for any payment held-up due to request of additional information from the Government.
Regular accounting services for the Law Firm.

Impact on your Business

• Staff and related expenses cut significantly
• Faster results
• Seasonal load managed well
• Less work pressure on in-house people to focus business activities
  

At CIS, we have been providing Dedicated, accurate and high-quality Financial Services for our global customers, enabling them to save on time, effort, infrastructure and revenue. Read more on Accounts receivable, Financial Research, and HR Support.

For any outsourcing need, you can visit "The One-Stop Outsourcing Services" provider at http://www.cisin.com

Tax processing services in India

Tax season comes and companies in the US start floating in a sea of pending jobs and unprocessed returns. This is making lots of US companies look for offshore services (to be more specific, towards India) to take care of their accounting burdens.

The company waded uncomfortably Last year, through tax season, being short of help to relieve its staff accountants who were dealing with more tax returns than they could handle.

The benefits of offshore outsourcing are many and include reduced staffing costs, since chartered accountants in India have far lower billing rates than CPAs in the United States, plus a quicker turnaround due to the time difference. It gives a nice 24 hour working style. India annually produces thousands of English speaking accounting graduates versed in U.S. tax codes.
Security issues in India, though a concern to US firms, are as good as non-existent since the counter measures taken are equally stringent as in the US. Nothing comes without a price and there have been questions regarding ethical issues and as to whether outsourcing actually saves as much money as claimed.
We suggest to have a try with getting smaller work done with this model, to see how you can best utilize it.

For any outsourcing need, you can visit "The One-Stop Outsourcing Services" provider at http://www.cisin.com

Professional Employer Organization HR Services & Back-Office Support

Offshore Professional Employer Organization "Provider" HR Services & Back-Office Support

Overview
The concept behind a Professional Employer "Provider" Organization is co-employment, where two employers, the business and the "Provider" co-employ the individuals who work for the business. The "Provider" typically handles the administration side of employment, providing paperwork, establishing and maintaining employee files, processing payroll, filing payroll taxes, developing employee handbooks, benefit administration, workers compensation management, compliance assistance and human resource support. A "Provider" serves as an offshore HR department.

Client's Challenges
- Handling lot of paperwork
- TAX
- Managing peak load

CIS’s Back-Office Services Provides
New hires - Going through all the paperwork including forms like I9, employee undertakings etc to determine if everything is in order or to locate missing information to be taken from the employee
- Setting up new employees in Accounting (payroll and Attendance software)
- Help in payroll processing services during the pay days
- Do benefit reconciliation
- Enter invoices in the Attendance module of Accounting and do the reconciliation

Impact on Client’s Business
- Staff and related expenses cut significantly
- Faster Processing
- Seasonal load managed well
- Access to best offshore skills in low cost then western payouts while highest offshore payout like in India.
- Best employee satisfaction in retentions