Multisourcing Creates More Possibilities

Aug 29, 2012 by TristanStrachan

As far more organizations turn to outsourcing to alleviate price range issues and enhance productivity, they may be creating more business by means of multisourcing agreements in tandem with other firms. By way of multisourcing, smaller firms are becoming offered the opportunity to compete with bigger organizations.

Early in 2006, Common Motors announced a $15 billion, five-year outsourcing plan and awarded long-term contracts to a host of vendors, such as EDS, Hewlett Packard, Capgemini, IBM, Compuware, Covisint and Winpro.

Private equity firms with cash flow are turning their interest to a number of tiny and midsize technology outsourcing firms to meet their wants. In accordance with analysts, comparable long-term contracts as well as the resulting stable money flows make the businesses attractive takeover targets for equity firms.

Servicing clients like these is the expertise of Quintek Technologies, a rapidly developing outsourcing firm based in Huntington Beach, Calif. Considering that 1991, the firm has supplied outsourced back-office services to Fortune 500 firms and federal agencies alike. Final year, Quintek posted a 418 percent increase in revenues.

Quintek is an industry leader in document management and related back-office services, providing many different customized options for economic, insurance, medical, professional and government institutions of all sizes.

Clients rely on Quintek to quickly, efficiently and accurately convert paper documents into electronic images and to capture and method mission-critical information from imaged documents through customized and state-of-the-art workflow options.

Quintek’s Enterprise Procedure Optimization options encompass a wide selection of services, such as mailroom services, document scanning and imaging, on-shore and off-shore information entry, and image and data distribution.

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