What is Shared Services? Shared services refer to the consolidation of business functions that are utilized by multiple departments or units within an organization. By centralizing operations, organizations can streamline processes, enhance efficiency, and reduce overhead costs. This model often encompasses a variety of functions, such as human resources, finance, information technology, and customer support […]
BPO office expansions show signs of recovery amidst the pandemic
Leading the resurgence is the surge in demand for office space from the business process outsourcing or BPO sector. Strong takeup of the BPO sector pushed 381,000square meters worth of new office space deals, the consultancy firm reported, with 69% located in Metro Manila. The on-demand hub was Iloilo, beating Cebu and Clark. The IT-BPM […]
