Making Business Easy
Embrace ICT.. Embrace Development..
Oct 31st
Information and Communication Technologies (ICTs) strengthen two key endeavors of any enterprise: Operational Efficiency and Strategic Competitive Advantage. It is true that technology, like fire, can aid as well as destroy, and the trick is in the implementation, and the catalyst is the outside-in change agent that understands your business, and gives you fresh perspectives.
Our Consultants @Neverson are well-trained and experienced, and focused on helping your business thrive. If you want to chat about how technology can help you reach key markets, key customers, and reduce cost, give us a call at (868) 753-2536, or send us an email at email@NeversonSolutions.com.
Benefits of Business Process Outsourcing
Nov 9th
One common service we offer our clients, particularly our smaller clients is Business Process Outsourcing (BPO) their Accounting and Technology functions. Neverson provides you with a complete outsourced Accounting department, or IT department.
Here are some of the advantages of BPO:
Cost savings. The lowering of the overall cost of the service to the business. This will involve reducing the scope, defining quality levels, re-pricing, re-negotiation, cost re-structuring. Access to lower cost economies through offshoring called “labor arbitrage” generated by the wage gap between industrialized and developing nations.[15]
Focus on Core Business. Resources (for example investment, people, infrastructure) are focused on developing the core business. For example often organizations outsource their IT support to specialised IT services companies.
Cost restructuring. Operating leverage is a measure that compares fixed costs to variable costs. Outsourcing changes the balance of this ratio by offering a move from fixed to variable cost and also by making variable costs more predictable.
Improve quality. Achieve a step change in quality through contracting out the service with a new service level agreement.
Knowledge. Access to intellectual property and wider experience and knowledge.[16]
Contract. Services will be provided to a legally binding contract with financial penalties and legal redress. This is not the case with internal services.[17]
Operational expertise. Access to operational best practice that would be too difficult or time consuming to develop in-house.
Access to talent. Access to a larger talent pool and a sustainable source of skills, in particular in science and engineering.[3][18]
Capacity management. An improved method of capacity management of services and technology where the risk in providing the excess capacity is borne by the supplier.
Catalyst for change. An organization can use an outsourcing agreement as a catalyst for major step change that can not be achieved alone. The outsourcer becomes a Change agent in the process.
Enhance capacity for innovation. Companies increasingly use external knowledge service providers to supplement limited in-house capacity for product innovation.[19][20]
Reduce time to market. The acceleration of the development or production of a product through the additional capability brought by the supplier.
Commodification. The trend of standardizing business processes, IT Services, and application services which enable to buy at the right price, allows businesses access to services which were only available to large corporations.
Risk management. An approach to risk management for some types of risks is to partner with an outsourcer who is better able to provide the mitigation.[21]
Venture Capital. Some countries match government funds venture capital with private venture capital for startups that start businesses in their country.[1]
Tax Benefit. Countries offer tax incentives to move manufacturing operations to counter high corporate taxes within another country.
- Cost savings. The lowering of the overall cost of the service to the business.
- Allows you to Focus on your Core Business. Resources (for example investment, people, infrastructure) are focused on developing your core, bread-and-butter business, while leaving the support functions to dedicated service providers (like Neverson Business Solutions) .
- Cost restructuring. Operating leverage is a measure that compares fixed costs to variable costs. Outsourcing changes the balance of this ratio by offering a move from fixed to variable cost and also by making variable costs more predictable.
- Improved service quality. Achieve a step change in quality through contracting out the service with a new service level agreement.
- Knowledge. Access to intellectual property and wider experience and knowledge.
- Contract. Services will be provided to a legally binding contract with financial penalties and legal redress. This is not the case with internal services.
- Operational expertise. Access to operational best practice that would be too difficult or time consuming to develop in-house.
- Access to talent. Access to a larger talent pool and a sustainable source of skills.
- Capacity management. An improved method of capacity management of services and technology where the risk in providing the excess capacity is borne by the supplier.
- Catalyst for change. An organization can use an outsourcing agreement as a catalyst for major step change that can not be achieved alone. The outsourcer becomes a Change agent in the process.
- Enhance capacity for innovation. Companies increasingly use external knowledge service providers to supplement limited in-house capacity for product innovation.
- Commodification. The trend of standardizing business processes, IT Services, and application services which enable to buy at the right price, allows businesses access to services which were only available to large corporations.
- Risk management. An approach to risk management for some types of risks is to partner with an outsourcer who is better able to provide the mitigation.
Give us a call at 868-753-2536, to see how we can help you get your accounts in order, build your IT infrastructure, and reclaim customer relationships. You can also shoot us an email at thefolks@neversonsolutions.com.
Adapted from here.
Web2.0??… so what was Web1.0??
Nov 3rd
It’s a common dilemma with folks who are now becoming familiar with technology (or ‘computers’).. all the self-referential, self-propagating, elusive jargon. Well we found this youtube vid that explains Web 2.0 pretty well, so take a look.
Don’t worry.. when we’re having our discussions to build your site, we’ll explain the terms again 
By the way, some of the Web2.0 websites that we mentioned in the video include Flickr, Delicious, and Technorati. You should take a look at them. Also, our own sites NeversonSolutions.com and TriniPlaces.com make use of these ‘web 2.0′ features, such as comments, tags and tag-clouds!
