Why Outsource Data Entry?

Outsourcing. It's a hot topic, and possibly one of the most misunderstood issues in today's complex business landscape. If you are considering outsourcing data entry or overseeing an outsourcing program, there are a number of questions you should ask relating to:

Feasibility Security and data protection Compliance Hidden costs

Making the Decision to Outsource Data Entry

If you are interested in learning more detailed information about the benefits of in-house data processing, please find it in our white paper, Outsourcing Data Entry: An Overview, which provides an excellent overview of the factors to consider.

The number of companies outsourcing their data entry services has increased in recent years due to lower-cost labor pools outside the U.S. However, the decision to outsource data entry is often accompanied by a higher level of risk, less control and lower data accuracy.

What's the best solution?

The answer to the question of outsourcing is unique to each organization. A September 2004 study by the Delphi Group found that the top two reasons cited for not outsourcing were loss of control over the process and an inability to describe the process. By improving transparency, an organization can reduce costs and increase the speed of execution. It is often said that a company should focus on its core competencies and outsource the rest. Some processes (such as legal services and printing) are intuitively obvious. Others frequently depend on the level of personal expertise within a company.

Often companies choose a hybrid solution where they outsource a part of the process. Datacap software for automated data entry improves efficiency and accuracy for both service bureaus and end-users.

Another problem frequently faced by organizations is a lack of understanding of the potential return on investment or failing to conduct proper cost-benefit analysis. For this reason, Datacap offers consulting services to plan your solution, including budgeting and ROI analysis.

Datacap Taskmaster provides all of the necessary components for an efficient and successful capture implementation. It can be easily assimilated into your existing environment, reducing expenses without disrupting your business. Read how Fidesic Corp uses Taskmaster as the backbone of its invoice processing service bureau.

back to top | request more information | contact datacap | site map