Industry news

  • 9 Sep 2016 12:00 AM | Anonymous

    It’s a tough time for charities – the regulations surrounding fundraising are being ramped up, all while prospective donors tighten their purse strings. The drive to ensure that charities achieve the best value for each pound donated is ever present, but inevitably there are unavoidable administrative costs associated with fundraising and donation processes. Over the years, many charities have turned to outsourcing to help keep costs down for these processes, and the press would have us believe that this road has been fraught with unscrupulous providers and that outsourcing has only resulted in damaging the charity's reputation.

    As the years pass we are starting to see a more trusting relationship develop between outsourcers and charities but there is still much left to be desired. The National Outsourcing Association provided some uncomfortable reading earlier this year when their research suggested that 83% of failed outsourced projects were down to poorly managed relationships. This suggests a lack of experience between outsourcers and their newer audiences such as those in the Third Sector. The question is; to help both industries move forwards what obstacles need to be overcome?

    Charities Positioning

    All charities are born out of the desire to support a cause, and therefore as a business, each charity has a much stronger sense of its mission over other public and private sector firms. This is reflected in research which shows at a national level across all ranks and responsibilities charity employees are paid less that the average of all other industries. This would suggest those people working in the charities sector strongly support the cause they represent. Could this raise an issue however in attracting the best business minds to the industry? The kind of talent that would make every pound stretch further.

    Unfortunately, they are the kind of questions the savviest donors among the public may ask, yet it’s safe to assume they would disagree to an increase in salaries also. Though for all involved in this industry there is little cause for concern, talent is rife, what is lacking is – back to the NOA research – an understanding of how relationships between charities and outsourcers should be and in many cases are.

    The Offshore Argument

    Companies from a range of industries have for many years enjoyed the benefits of allowing their outsourcing partners to send much of the work offshore, resulting in large cost savings. Even more beneficial is the hybrid approach using a mixture of both onshore and offshore processes. Yet Charities appear much slower in a move towards offshore processing, and it begs the question why? When every pound is so valuable why not make savings where possible? Is it a question of public perception or the sign of an industry moving slower than others? Charities often see themselves as different but fundamentally they are the same, especially when it comes to the endeavour of improving processes.

    Finding the right outsourcer for the charity is key to solving this dilemma, trust needs to be in place between the two; trust that the outsourcer would advise which elements can or should be outsourced and which shouldn’t. If the task of improving relations and understanding between outsourcers and charities is completed, we may begin to see a shift towards offshore and hybrid outsourcing.

    The Charity Perspective

    The National Outsourcing Association recently ran a roundtable special interest group based on charities and their relationship with the outsourcing industry. Susan Monroe, Chief Executive of Freedom from Torture, passed comment on the event and outsourcing;

    “The roundtable was a really useful thought provoking event in which I learned how other charities are maximising their impact by outsourcing. Freedom from Torture needs to find different ways to do things so that we can grow by 150% in order to be able to support every survivor of torture who needs our help. Outsourcing looks like a promising area to explore to allow us to achieve this growth and we are beginning to explore how this might work for us.”

    This kind of reaction exemplifies the positive effect outsourcing can have especially with the support of organisations such as the NOA who are working to make it a more accessible industry.

    Outsourcing Industry Comments

    “When done properly, outsourcing works in every industry vertical and the Charity Sector is no different”
    said Tom Quigley, Marketing Director for the NOA.
    “Many outsourcing providers are experts at maximising efficiencies through obtaining economies of scale, mitigating risk, and leveraging technology and innovation to provide excellent service. What’s more, the best of them work hard to ensure that the needs of the end-customer are at heart of every process, transaction or interaction they undertake for their clients. Many also offer flexibility in contract terms, seasonal scalability to suit demand and genuine desire to partner for success. In an increasingly challenging economic and regulatory climate, outsourcing can be a seriously viable solution for charities.”

    Conclusions

    In what is a turbulent time for most given the general economic performance in recent years, add to that ‘Brexit’ and as ever we are all having to find new ways to adapt. Charities are aware of the difficulties they face in cutting costs and increasing donations, and to do that they may require the help of professional outsourcers. This will only happen with a continued effort between the two industries to improve relationships and awareness. The sun is rising on a new era for the Third Sector. Those charities that adapt to a new model will continue to add value to the millions of lives they currently support, hopefully for many years to come. Those that don’t may face an uncertain future, which would be disastrous for the communities that currently benefit from such worthy causes.

    The National Outsourcing Association is holding its second Charity Special Interest Group (SIG) in association with DDC Charity Solutions on Weds 19th October in London. Click here to find out more information about the event.

  • 8 Sep 2016 12:00 AM | Anonymous

    The pound hit a two month high against the US dollar, hitting a high of $1.34. Weak news out of the US has helped the pound sustain a climb since mid-August. Sterling has been witnessing a steady climb thanks mainly to steady bond buying from the Bank of England and mixed indications about the state of the US economy, though it still sits well below its pre-Brexit level.

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    Related news: Pound regaining its value as UK manufacturing thrives

  • 8 Sep 2016 12:00 AM | Anonymous

    Over £16.5 million has been invested in the insurance tech sector in the UK over the past 9 months. The growth in the industry in the UK is faster than anywhere else in the world and is on course to quadruple investment in 2015 in the sector. The information is a result of research by Accenture and CB Insights prior to Accenture’s 12 week fintech start-up programme which includes mentorship from top banks and now a dedicated insurtech team.

    For more information, click here.

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    Related news: Co-op Bank and Zurich Insurance to showcase RPA implementation at NOA Symposium 2016

  • 8 Sep 2016 12:00 AM | Anonymous

    Law firm, DLA Piper will go ahead with plans to outsource back office operations to Poland according to reports in computerweekly.com. The firm is hoping to improve efficiency by outsourcing over 175 jobs in IT, finance, HR and business development teams. The plans for the move were originally released in May 2016 after the opening of a new business service centre by the firm in Warsaw in November 2015. The move will reduce DLA Piper’s UK workforce by 16%. The firm’s COO, Andrew Darwin said ‘we will be going ahead with our proposals to reduce the size of our IT, finance, HR, marketing & BD, and secretarial teams in the UK, as part of our plans to operate more effectively on a global basis’. For more, click here.

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    Related news: Outsourcing after Brexit – a Central / Eastern European view

  • 5 Sep 2016 12:00 AM | Anonymous

    Prime minister Theresa May has again refused to guarantee the long-term status of EU citizens living in the UK. May attended the G20 summit of world leaders in Hangzhou, her first international summit as prime minister. She reiterated that she would not guarantee the rights of EU citizens until the other 27 EU countries did the same for Britons living abroad. Around 1.2m Britons are estimated to be living across the EU, while more than 3m EU citizens live in the UK. She has also rejected a points-based system for controlling EU migration, one of the key promises of Leave campaigners during the referendum. A new poll shows that a sizeable proportion of EU staff have already quit their jobs, or intend to, because of Brexit uncertainty.

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    Related news: Brexit and Global Expansion Summit

  • 5 Sep 2016 12:00 AM | Anonymous

    The Markit/CIPS purchasing managers' index (PMI) showed activity in UK services recorded the biggest month-on-month rise in the survey’s 20-year history. This followed the biggest drop on record the previous month when businesses were coming to terms with the outcome of June’s referendum. The index rose from 47.4 in July to 52.9 in August. A score above 50 indicates growth. It effectively takes services back to pre-referendum levels, Markit said.To find out all there is to know about this, click here.

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    For related news: Theresa May still won’t guarantee residency status to EU Workers

  • 5 Sep 2016 12:00 AM | Anonymous

    According to The Times of India, TCS had done this seven years ago when N. Chandrasekaran took over as CEO. TCS had split its company into smaller units in 2009, which, analysts said, contributed to its industry-beating performance over the last few years. Infosys now takes a leaf from their rivals playbook, and does the same. To read the full article on Time of India, click here

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    Related news: Infosys aims to achieve 30% margin on $20 billion in revenue through automation

  • 5 Sep 2016 12:00 AM | Anonymous

    Bryn Barlow, formerly a Managing Director at Accenture, has been appointed as Alsbridge Managing Director within the firm’s UK business. Barlow is well known in the outsourcing industry and has considerable outsourcing, robotics and BPO experience. Prior to joining Alsbridge, Bryn Barlow worked at Accenture as a Managing Director for more than three years, focused on BPO, Robotics and other operational efficiency and customer services related technologies. Previously, between 2011 and 2012, Barlow worked at Capita as a Sales Director. Earlier, he worked for Atos Origin in the UK as a General Manager within its Financial Services department, and prior to that as a Strategic Sales Director at the firm (2005 to 2008). Earlier roles include Head of Organisation & Process Development at Electrocomponents; Director at Form Consulting; Head of Global IT Services at British American Tobacco; and IT Manager at Guinness Brewing Worldwide. Barlow holds a Bachelor of Science in Management Science from the University of Manchester.

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    Related news: Alsbridge takes its consultancy services to Australia and New Zealand

  • 1 Sep 2016 12:00 AM | Anonymous

    After the Brexit vote, the pound value fell more than 10% against the euro and dollar. On one hand, this meant that the export market received a boost, but on the other costs for firms have risen significantly. According to a BBC report, following the release of the Purchase Manager’s Index (PMI) research, the pound value jumped by 1% in August. You can read the full report http://www.bbc.co.uk/news/business-37242804.

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    Related news: http://www.sourcingfocus.com/site/newsitem/uk_manufacturing_suffers_with_brexit_uncertainty/

  • 1 Sep 2016 12:00 AM | Anonymous

    Following EU ruling against Apple demanding payment of 13 billion euros in unpaid tax, the company’s CEO has accused the EU of targeting Apple and said that the decision is putting jobs and investment at risk, according to this article.

    The Irish government believes the decision would affect the country's ability to attract technology companies and the high-value, well-paid jobs that they bring.

    Both Apple and the Irish government will appeal the decision.

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    Related news: Apple may be forced to pay billions of euros in back taxes

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