Outsource to India

 

Entry-India helps companies to outsource work to India. We do it with a unique process
 
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Analyzing business requirements to devise an outsourcing strategy
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Carrying out a free trial to establish proof of concept
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Ensuring flawless performance during the offshore transition
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Managing your project at both execution and business level
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Making it easy for you to do business with us

 

Outsourcing Process

Though we have customised outsourcing process for each and every client, still we generally adhere to the following process

  1. Situation Analysis
    1. Understanding the business
    2. Creating an Outsourcing strategy
    3. Creating an Impact analysis
  2. Pilot Project
    1. To establish a proof of concept even before signing of contract by conducting a pilot.
  3. Transition Management
    1. To ensure flawless performance during the critical phase of migration
    2. To provide a specialise team so that quality is maintained during the transition phase.
    3. Define service level agreements
    4. Finalisation of contract
  4. Program management
    1. Supervision of the program so that parameters of quality and productivity and turn around time are met.
  5.  

We Out Source for foreign companies in the following fields:

Knowledge Process Off shoring:India is known to export world-class manpower that has become an integral part of the business fabric in global markets. Further, the resurgence in growth of its domestic economy is being attributed to knowledge sectors such as IT, pharma etc. Clearly, India is a gold mine for higher levels of skill, knowledge and experience extending across varied functions and industries. On the basis of these competitive advantages, supported by cost-arbitrage opportunities, India has gradually emerged as an offshore hub for knowledge services.

Legal Services:India’s emerging prominence in the legal process outsourcing (LPO) segment is being widely acknowledged in global markets. It is being perceived as one of the high-growth knowledge service sectors in India, despite the unavailability of clear traces of its emergence, current revenues, employee base and nature of activities. The relatively under-researched status of the LPO sector may be attributed not only to the complexity in measurement of knowledge as an activity, but also due to the political sensitivity of off shoring legal services.

Engineering R&D:India is rapidly assuming a leadership position as an industrial and engineering design hub for multinationals. As a sample, Airbus and Boeing outsource design work to Infosys. Construction machinery major Caterpillar, has set up its design hub at Chennai. Intel is working on chipsets in Bangalore. Apple has approached National Institute of Design to work on a handheld computing device. Some Nokia mobiles are designed here.

Medical Services:Medical services in India are high in demand in the International arena. Many entrepreneurs in India have started offering transcription services, which involve transcribing of medical records dictated by doctors into a tape or onto a digital voice processor, which were transcribed by Medical transcriptionists, proof-read and then uploaded back to the doctor’s office. We even promote Medical Tourism so that our friends from abroad come and gain from our World class health care facilities.

Education And training:Today India is leveraging the abundant availability of skilled manpower, including 2.1 million graduates and 0.3 million post-graduates from non-engineering colleges, and has become a key destination for off shoring of education and training services. We help Educational Institutions build extension center in India and abroad.

Writing And Content Development:Off shoring of publishing is believed to have commenced in the seventies when publishing houses like Macmillan, Oxford University Press and Thomson established captive units in India for typesetting work. The objective was primarily to leverage the availability of low-cost manpower in India. Subsequently, entrepreneurs in India have sensed the potential and began to establish smaller units to cater to the publishing requirements of global players.

Software Product Development:India’s established legacy as a high-quality, low-cost services IT services powerhouse is steadily supporting the growth of the sector into a more recent phenomenon, of sourcing software products from India. The expansion of the global market for electronic devices due to increasing levels of convergence, digitization and cost reduction has also played a critical role in driving the development of the embedded systems and software products – key segments of the software R&D sector in India.

Pharma R&D:The global pharma industry stands at crossroads today. Although approximately USD 40 billion is spent annually on drug development, pharma companies have realized that periods of rapid growth and unprecedented profits are now far and few. Researchers are finding fewer and fewer unique molecules, ending the era of “blockbuster drugs” and increasing development timelines, sometimes to as long as 14 years.

Market Research, Consulting Research and Advertising:With burgeoning competition, increases in cost pressures and a growing number of brand-switching customers, organizations are realizing that market research is an integral part of a successful business. The markets no longer give second chances – so making sure that the right raw material is being sourced to produce the right product, sold to the right customer in the right way is more important than ever before.

Data Analytics:Every organization, irrespective of size, industry and level of maturity requires managing data. And with the amount of information in the world doubling every 20 months, effective and fast usage of data is now a critical success factor. Data analytics enables organizations to make effective use of data that it has access to, to reveal hidden trends and capture key insights to further be incorporated into and strategic plans and operational policies.

Taxation Support:The trend of outsourcing preparation of income tax returns overseas, particularly to India, is believed to have commenced in the late 90’s. A relatively nascent segment, tax return off shoring has witnessed significant activity over the past few years with an increase in the number of accountants and organizations outsourcing tax preparation with a view to minimizing operating costs and maximizing efficiency.

Equity Research:Wall Street investment banks and brokerages are off shoring their financial research to India, attracted not only to the quality and availability of talent in the country, but also due to increased pressure to reduce operating costs. India is able to offer an optimal value proposition by providing the highest quality of service, in conjunction with the opportunity of more than 50% cost saving. India has a large number of MBAs and CAs - there are 950 AICTE recognized management schools producing approximately 70,000 graduates a year, the largest after the US. There is also a ready supply of experienced talent working in domestic financial firms, which multinationals can access for lateral recruitment. The typical employee profile for financial research includes CAs, MBAs, mathematicians and statisticians. A large proportion of the research is on equity and fixed income markets. Financial modeling, valuation of companies, preparation of company profiles, transitioning financial information between accounting standards, and tracking of stock prices are some of the areas in equity research. In addition to data collection, it requires analysis, structuring and synthesizing of a problem. Analytical skills, number crunching abilities, as well as knowledge of accounting standards, whether it is US GAAP or the International Accounting Standards (IAS), are necessary attributes for employees in this profession. These skills are readily available in India, at globally competitive charge-out rates. For instance, while a junior research analyst from an Ivy League school would cost approximately USD 150,000 per annum, fresh researchers joining large brokerage trading firms in India are typically paid between USD 10,000 to USD 12,000 a year In addition to the cost and quality advantage of Indian manpower, regulatory stipulations have also spurred the growth of equity research off shoring.

Finance and Accounting:The finance function worldwide is witnessing a revolutionary shift. From being perceived as a mere book-keeper, today's fast-paced business environment has placed the CFO and the Finance Function under increased pressure to demonstrate the value it adds to business. The focus is therefore not only on “value for money” functions such as transaction processing, budgeting and reporting – but is moving up the “value creation” chain to functions such as planning and decision support. As the Board is responsible for overseeing the organization, it needs to find the right level of involvement and approach in defining the company's strategic direction, and fostering long-term shareholder value. In addition, the risks associated with globalization and evolving information technologies, are all propelling the Board to be more accountable, informed and pro-active. For many Boards, the Finance Function is a good starting point.

Animation and Content Development:A confluence of creativity, steadfastness and imagination has set the Indian animation outsourcing industry ablaze. Pentamedia Graphics, in Chennai has assisted in the creation of 3D Walt Disney animation films such as Sinbad and Alibaba. A full-fledged feature film for an Italian producer, Rainbow Productions, is in the final stages of production at the Toonz Animation Studio, Chennai. Cartoon Network is buying animation films made in India. Padmalaya Films, Hyderabad won a US$14-million deal with Italy's Mondo TV, Europe's second leading cartoon producer and distributor. Barrie M Osborne, the legendary producer of Hollywood blockbuster ‘The Lord of the Rings’ is founding a 3D and special effects studio in India to cater to a global audience.

 

 

 
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