The growth of your business depends on the quality and upkeep of your data. It is common to encounter scale and quality problems as businesses from every sector start their digital transformation journeys. In this regard, outsourced business processes can be beneficial. Let’s check the benefits of these outsourcing services.
Overcoming the challenges of scale
Digital transformation is a process of continuous improvement, rather than a final destination. As such, to support continuing business growth and meet the evolving needs of the market, your approach to data entry and management needs to be scalable and adaptable.
Constantly hiring new employees to tackle your growing data challenges is hardly feasible. It takes an average of eight months for a new hire to reach full productivity, and it’s a costly and risky endeavor. In other words, in-house teams lack scalability. Additionally, data entry is monotonous work that typically increases turnover rates.
Using a data entry services provider, however, lets you shift the burden onto an external team. For example, outsourcing the work to a trained, managed workforce provides scalability and accountability without the communication and quality control issues commonly associated with crowdsourcing.
Speed up project cycles
The quality of data entry tasks should never be compromised, especially when it comes to sensitive transcriptions like legal or medical information. Having said that, speed is crucial, particularly when the data in question can be immediately valuable and significant to your company. For all, the sooner data is collected, the more useful it tends to be.
Likely, your internal workforce is already overburdened with tasks and obligations. If you overwork them by entering data, it can quickly lead to burnout and higher staff turnover, especially if it diverts attention from their main responsibilities. Furthermore, internal teams operate during regular business hours, and overtime might be costly. In such conditions, data entry outsourcing services can be beneficial. By using a data entry service, you can complete work when your own staff is resting.
Deal with edge cases immediately
There are many circumstances where edge cases may occur, and you'll need people to take those edge cases into consideration and regulate such conditions, even though data input is sometimes linked with monotonous jobs that may be better handled by automated systems. While automation has developed to the point that it can complete the majority of regular data entry activities with little to no human involvement, there is always a chance of error. The error rate for optical character recognition (OCR), for instance, ranges from 5% to 20%.
Thankfully, automation's built-in exception-monitoring algorithms enable it to detect any possible problems with automated data entry and transcription. Making manual changes, still require human involvement in the process. Working with an internal team makes it easier to overlook something that takes time. The best data entry services use the right mix of personnel, procedures, and technological advancements to deal with edge cases in a timely and effective manner, without taking any chances.
We at India Rep Company have been offering data entry and data processing services for more than ten years. We have worked on use cases for self-driving cars that are as sophisticated as image annotation and as simple as transcribing for database enrichment. So, for outsourced business processes, you can contact us.