Multisourcing Creates Additional Possibilities
As much more firms turn to outsourcing to alleviate budget concerns and raise productivity, they may be producing far more business enterprise by way of multisourcing agreements in tandem with other firms. Through multisourcing, smaller firms are becoming given the opportunity to compete with larger organizations.
Early in 2006, General Motors announced a $15 billion, five-year outsourcing strategy and awarded long-term contracts to a host of vendors, which includes EDS, Hewlett Packard, Capgemini, IBM, Compuware, Covisint and Winpro.
Private equity firms with money flow are turning their attention to multiple tiny and midsize technologies outsourcing firms to meet their wants. According to analysts, comparable long-term contracts along with the resulting stable cash flows make the organizations appealing takeover targets for equity firms.
Servicing clients like these would be the expertise of Quintek Technologies, a quickly developing outsourcing firm based in Huntington Beach, Calif. Considering the fact that 1991, the enterprise has offered outsourced back-office services to Fortune 500 firms and federal agencies alike. Final year, Quintek posted a 418 percent improve in revenues.
Quintek is an market leader in document management and associated back-office services, delivering several different customized solutions for economic, insurance coverage, medical, expert and government institutions of all sizes.
Customers rely on Quintek to quickly, effectively and accurately convert paper documents into electronic pictures and to capture and procedure mission-critical information from imaged documents by way of customized and state-of-the-art workflow solutions.
Quintek’s Business Procedure Optimization solutions encompass a wide range of services, for instance mailroom services, document scanning and imaging, on-shore and off-shore information entry, and image and information distribution.
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