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Offshore outsourcing is the practice of hiring an external organization to perform some business functions in a country other than the one where the products or services are actually manufactured or rendered, respectively.
SBS provides back office offshore BPO services to trust companies, company management, registered agents, banks, insurance companies and mutual fund firms in the United States, Europe and the leading offshore jurisdictions, such as the British Virgin Islands, the Cayman Islands, Bermuda, Switzerland and the Channel Islands. The Company will be able to assist its clients with cost reduction, productivity, growth, efficiency and innovative capabilities.
SBS’s LPO service involves the transmission of processes associated with the rendering of the services of a law firm along with the associated operational activities and responsibilities, to a third party with at least a guaranteed equal service level and where the client maintains a firm grip over the (activities of the) vendor for mutual long term success.
LPO is an emerging market and is positively related to the search for more efficient organizational designs: cost reduction, productivity growth, efficiency and innovative capabilities. LPO is projected to be the next “Big Thing” after the continuing BPO boom and SBS’s vision is to play a major part in the development of the Caribbean and Latin American LPO industry.
SBS has the capability to provide LPO services to AM 200 Law Firms (largest law firms in the United States), The Lawyer 100 Firms (largest firms in the United Kingdom) and the Legal 500 firms (World’s leading law firms).
SBS’s services are ideal for businesses that operate in industries that are highly reliant upon administrators that process documents, impute data, provide secretarial and paralegal services whilst enjoying some of the highest salaries paid for administrative posts internationally. With SBS as a partner, such businesses will fulfill the increasing need to make their administrative processes more flexible and cost and time-efficient. Reducing administrative costs and increasing the timeliness of its service without incurring risk is critical to these industries, especially in the present economic times (global recession), that invariably gives rise to wage-spirals, and more so in countries with historically progressive and steadily growing economies.
LPO Services
LPO Services offered by SBS can be broadly categorized as:
These services are designed primarily to assist law firms with the burden of its routine administrative work, legal document processing, including assistance with assignments which can only be billed at, or which are capped at, a fixed fee and therefore are more cost effective to be dealt with by utilizing less expensive legal resources.
BPO Services
BPO services offered by SBS can be broadly categorized as:
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