• 1-(800) 510-9053
  • 1-(415) 259-6503

Data Processing – How To Do It Right

With the information technology occupying an important place in our lives, the role of data processing has also grown over the years. Banking, health care, telecommunications, media, insurance, almost all industries are now data driven. In spite of the fact that paper is important in processing, storage and retrieval of data, its use has become tedious and difficult in the modern competitive world. Data processing helps to organize and manage large amounts of unorganized facts into useful information.

What is data processing and how does it help a business?

The process of converting unorganized facts into useful information can be rightly termed as data processing. Data processing may not have a direct link in the growth or productivity of a business but it definitely plays a key supportive role to ensure that the business is run in a smooth and organized manner.

Importance of In-house Data Processing Facility in a Business

Though majority of business houses favor offshore outsourcing, the importance of in house data processing facility in the growth of a business cannot be undermined. Doing so will definitely help in improving the business to greater heights as deriving, sustaining and managing data in the right format is very essential for the successful running of any business.

How Outsourcing Firms Help In Data Processing

Those business units not in favor of having their own in house facility should at least try locating a data processing service provider suited to their business. This is because many outsourcing firms ensure that they have their own independent systems and facilities thereby facilitating instant activation and delivery of the outsourced data.

Other Benefits of Outsourcing Data Processing

Other than the above, the major benefit to a business unit in outsourcing the data is in the form of operational scalability and flexibility as most of the outsourced firms are able to easily deal with any sort of data processing project right from small, large to medium sized including simple and complex ones.

Can Outsourcing Alone Help A Business In Achieving Success?

The answer is a big ‘No’. Even if outsourced units are known to provide excellent results. Depending only on an outsourcing firm won’t help a business much. Instead, it always helps a business to contribute its fair share in achieving greater heights. This requires minimal effort and can be done by installing and monitoring automated error reporting and tracking systems either on off shore or onshore.

By doing so, those business outsourcing their data will not only be able to identify the probable threats and issues but also take adequate measures to overcome the same. This, in the long run will prove to be a reason for the success of the outsourced data processing functions.

Read More Articles ..



Related Posts

  • 62
    Cost, time and quality in outsourcing data entry. The right partner can deliver all three. More and more businesses are looking to their outsource data entry processes to recession-proof countries such as India. As per a report by SourcingLine, India ranks first for its cost competitive location, massive resource and…
    Tags: outsourcing, data, business, services
  • 62
    Well, there are plenty of factors currently fueling the growth of the outsourcing industry. However, if we were to identify the most prominent reasons, the list would include cost-effectiveness, quality, and of course the accuracy, reliability and efficiency of offered services. For a better understanding, here’s some other relevant information…
    Tags: outsourcing, services, business
  • 61
    Outsourcing Newsletter: December 2008 sharing news, trends, opinions and insights OUTSOURCING SERVICES SPOTLIGHT Analyzing Help Desk Outsourcing Trends After medical transcription, the second position would probably go to help desk outsourcing, if the task were to make a chronological list of business domains that were added from the time the…
    Tags: outsourcing, business
  • 55
    Offshore outsourcing as a concept has taken off in a big way, so much so that today there is hardly any large business that can claim to do without it. Many people confuse it with business process outsourcing, but the truth is that offshore outsourcing is quite different from business…
    Tags: outsourcing, business, services
  • 52
    Back Office Services from a trusted reliable partner Financial Statement Preparation We provide assistance with the preparation of financial statements in the most efficient manner. We offer you the following range of financial services: P & L, Balance Sheet and Cash Flow statements. Account reconciliation (periodic and quarterly). Actual to budget comparisons…
    Tags: services, business, help, data
  • 47
    Help for Realty Brokers Stuck on the Ground. Fairfield, CA - March 28, 2017 - Telegenisys Inc. (http://www.telegenisys.com) announced today new services to help real estate firms move to new platforms. The emergence of cloud based realty brokers has offered new ways for real estate agents to connect with clients…
    Tags: data, services, business, help
  • 47
    Change is inevitable in any business. Businesses should keep this in mind when they come up with new procedures, processes and strategies. There are changes that might be considered almost impossible to happen or understood clearly by people. However, businessmen do have the opportunity to predict some of the changes…
    Tags: data, business
  • 45
    There is certainly no denying the potential benefits that can be derived through outsourcing, but it would help if the right outsourcing provider is selected. Doing that is not a difficult task, but it’s certainly a bit complicated, obviously because the number of providers offering outsourcing services has increased significantly…
    Tags: outsourcing, services, help
  • 45
        Outsourcing Newsletter: January 2009 sharing news, trends, opinions and insights OUTSOURCING SERVICES SPOTLIGHT Technical Support Services Outsourcing Is Still The Right Choice Due to prevailing recessionary trends, critics are working overtime to spell doom for fast growing businesses such as technical support services outsourcing... When Telemarketing Services Outsourcing…
    Tags: outsourcing, services
  • 45
    The past several years have brought significant change to the world's financial markets. A growing number of legal restrictions, an increased use of technology, a reduction in revenues along with the need to adopt more aggressive business strategies while simultaneously cutting costs has forced financial institutions such as banks to…
    Tags: outsourcing, business, services
  • 44
    If asked to identify the benefits of offshore outsourcing services, most people will probably point out the cost-savings and efficiency improvements. So, are they wrong when they say something like that? Well, certainly not because it’s a well-known fact that availing offshore outsourcing services help in reducing costs and increasing…
    Tags: outsourcing, services
  • 43
    Telegenisys Helps Move Real Estate into the Cloud Brokerage Fairfield, CA – March 28, 2017 - Telegenisys Inc. (http://www.telegenisys.com) announced today new services to help real estate firms move to new platforms. Read more   Telegenisys Data Center certified for ISO 9001, 27001 and HIPAA compliance FAIRFIELD, California. – March…
    Tags: outsourcing, data, services
  • 43
    The divide that was present between the urban and rural areas seems to be on its way out in recent times. Thanks to outsourcing, both large and small business organizations are turning to it as the solution for overcoming the pressure and becoming more competitive and efficient. After reading several…
    Tags: outsourcing, services, business
  • 42
    Insurance Business Process Outsourcing - The Double-Digit Success Story In relative terms, the insurance business process outsourcing industry has always lagged behind other dominant players such as the call center services outsourcing industry and the telemarketing services outsourcing industry. However, if recent trends are any indication, it appears that the…
    Tags: outsourcing, business
  • 40
    Outsourcing your business processes can be a beneficial, yet risky decision. As you cede a portion of your daily operations to another company, the opportunity arises for things to go wrong and you may start thinking is outsourcing a security risk? Of course, more often than not, specialist business process outsourcing…
    Tags: data, outsourcing
  • 40
    As opposed to common belief and cynical theories, business process outsourcing continues to live on in India. Over the years, this industry has flourished and evolved in India. Being a storehouse of resources, India exports software to roughly 95 countries all over the globe, a fine example of its business…
    Tags: outsourcing, business
  • 40
    In simple terms, outsourcing can be expressed as a transparent method of saving money, enhancing quality and simply freeing company resources for other activities. Outsourcing is a process of sharing. It is the concept of paying an outside firm to handle internal company functions. The big question that naturally comes…
    Tags: outsourcing, business
  • 40
    Failing to fully meet the regulation can be the difference between success and failure for ruthlessly competitive financial sector. Regulatory compliance is being enforced more strictly than ever before as regulators seek to minimize risks to both customer and stakeholder funds and assets. This tougher regulatory environment has called for…
    Tags: outsourcing, services, data, business
  • 39
    Telegenisys is a global IT Business Process Outsourcing and Call Center solutions company. For the past decade, we have been consistently delivering the highest level of customer satisfaction to our clients.
    Tags: business, outsourcing
  • 39
    With investor confidence returning, new businesses and startups have become very competitive. If you are a startup looking to gain a foothold, you need a winning strategy that sets you apart from the rest. In a recent article appearing in Forbes, Alison Foreman spoke about team and talent as important…
    Tags: outsourcing, data, services
  • 38
    The success of a business depends on various factors like the set-up, the decor, the product, how exactly it fulfills your business needs and the location. Do you know that as a business owner, if you actually invest the time, effort and of course a little bit of money, you can…
    Tags: data, business
  • 38
    Creating Measurable And Actionable Metrics Unlocking-The-Full-Potential-Of-Offshore-Outsourcing-Contracts Quality-Assurance-In-BPO Offshore-Call-Center-Services-Analyzing-Best-Practices Outsourcing Fundamentals – How To Get It Done Business Process Outsourcing - Advantages Finance and Accounting Outsourcing Services Business Process Restructuring – An Overview of Applied Processes and Methodologies Electronic Risk Management Web Promotion in Travel Industry Choosing The Right Business Service…
    Tags: outsourcing, business, services
  • 38
    The term 'outsourcing' is structured around the concept of transferring the ownership of a business process to a supplier. The term is distinct from usual business relationships wherein the buyer keeps control of the processes and merely controls the way the supplier completes the work. Once an organization out sources…
    Tags: outsourcing, business
  • 38
    The first generation of outsourcing involved only the division of work between the client company and the sole source outsourcer. The new model is for process fragmentation, the use of different suppliers and component manufactures in the production of a good or service. This presents significant challenges for outsourcing companies…
    Tags: outsourcing, business
  • 37
    Through its wide variety of technical products like Bluetooth headsets, smartphones, picture frames, media players, software, VOIP phones Telegenisys provides top level remote tech support. Popularly known as IT support, a business needs to rely on information technology for its sustenance and above all growth. Quality technical support is pivotal…
    Tags: business, outsourcing
  • 37
    Top 3 Reasons Startups Fail Startup entrepreneurs may have a fresh new business idea, but also have to deal with obstacles in its execution like low capital, not enough experience, staff low on skills etc. Although the recent growth of startups paints a rosy picture, the fact remains that 90%…
    Tags: outsourcing, business
  • 36
    There was a time in the not so distant past when medical claims processing was done in house. This complicated and tedious task was often made the responsibility of doctors and physicians in addition to their interactions with the patients. These claims would need to be filled out by hand…
    Tags: processing, outsourcing
  • 35
    Is the Indian rupee free-fall is making outsourcing more appealing? If it was cost effective before, its even more so today with the buying power of the worlds most powerful currency the almighty US dollar. Near term outlook for business process outsourcing is favorable and the dollars strength is expected…
    Tags: outsourcing, business
  • 35
    1. Traditional paper records are more susceptible to errors often resulting in lower billing. EHR software can increase revenues by facilitating accurate capturing of  charges for all services rendered by health care organizations thereby avoiding lost revenues. Surveys and Data Analysis have proven that EHR usage has significantly improved  accuracy…
    Tags: outsourcing, services, data
  • 34
    Businesses operating in developed countries around the globe have long known the benefits of outsourcing and enjoyed the increased task efficiency and cost effectiveness that the practice brings. If your company has yet to work with a business process outsourcing company, how do you know if it will be a…
    Tags: business, outsourcing
  • c-icon

  • iso-9001-logo-small

  • iso-27001-logo-small

  • c-icon4

Telegenisys Inc. © Copyright 1999-2017 All Rights Reserved             Privacy Policy  |  Site Map