Data Digitization And Covid-19; Don’t Let The Pandemic Curb Your Business

By : eDataMine - 28-04-2021
Data Digitization

The pandemic that was on the verge of disappearance in 2020 has struck again in 2021 and we came back to a point where we still don’t know how long must we travel to finally put this nightmare to rest. Nonetheless, companies still require to run the business, gain numbers, study trends, obtain market insights and most importantly make profitable decisions. But it certainly needs the best quality, and suitably organized data at a fast pace and in substantial volumes. And the companies who have smoothly shifted the WFH today are the same ones who made their digital switch, when time demanded and digitalized their hand-written, hardcopies.

There is a steadily increasing need for efficient and accurate data management in industries globally. Undoubtedly, it is the most significant and a strategic factor of business functions and that’s why corporations open a specific department for it. They hire staff, build the infrastructure, purchase necessary hardware and software, and developed capabilities to be able to meet the needs. But the results turn out to be quite different than expected. Companies are left with extreme cash losses and data replete with errors. Eventually this in-house facility turns out to be a money pit for them.

As a solution, the companies turn to outsource data management to the companies that provide back office services. Data entry outsourcing is helpful and useful more than anticipated as it isn’t just a cost-saving option but it helps the client to get the maximum usage out of their data. eDataMine has been serving a global clientele with exceptional and a quality data entry, management and data digitization services for more than a decade now. Let us walk you through some of the benefits of it.

Soaring Revenues While Saving Costs:
Yes, you read that right. You save up A LOT of time and cost. Data entry outsourcing leads to cost reductions to at least 30 and 50%. When an organization hires the team specifically for data entry, they have to spend a lot on their training and infrastructure. And even then accurate result isn’t guaranteed. If one compares, outsourcing data entry solutions costs way lesser than having an in-house team. An in-house team will prove to be a permanent expenditure for you regardless of the amount of work done. But when you outsource, you only have to pay for the time spent on doing that work. Now if one does the math, it reduces a lot of fixed costs.

Skilled Talent at Your Disposal:
Data management companies always invest in in the right and the best talent in the market. They understand the job they are doing and they adhere to the best quality within a quick TAT. Hence when you outsource, a quality output within the date you have set, is guaranteed. Staying updated with the cutting edge technology and having years of experience in the field, they are also equipped to handle work-volumes of any size and kind. Because of the massive competition they face in the field, the companies never fail to implement training and development regularly to update skill and knowledge of the team.

Beneficial Insights and Effective Decision Process:
Data is the most valuable and a core function of any industry. When data gets suitably accumulated and analyzed within decided time-frames, it adds tremendous value to the company. Efficient data management gives you a new perspective which helps you to generate most beneficial results. It also allows you to focus on more central, valuable functions of your company. If a business wishes to stay relative, earn profits, stay competitive and edge out others than value of well-thought decisions cannot be ignored. Trust us when we say this, hiring a reliable data management outsourcing partner will prove to be a boon for you for a long time.

Digitization of All the Existing Data:
We gather that most of the companies have the backlog of the data, in some corner of the office, waiting to be analyzed, digitized and formatted for insight. When anyone needs important information, they have to shuffle through the pile looking for that one piece of information. Well, it is time to digitize those documents. And content digitization service is the best way to efficiently digitize all your documents. Thanks to digitization, the data is safely stored, easily accessible, effectively used and becomes handy for all the team members. Business process outsourcing companies are always prepared with sufficient manpower and cutting edge technology to handle any size and kind of work volume. The teams have the experience of image scanning, optical character recognition (OCR), forms processing, and data conversions through all formats. Let us tell you, industries save up BIG by outsourcing digitization of existing files to data management outsourcing companies.

Flexibility Exactly as YOU Need:
Flexible capacities specifically as you need them. The clients don’t have to pay for the full time resource, when they just need the five hours of work per day. Data management outsourcing companies modifies their size and scale of services in a way that client only pays for the amount of work done. Client only pays for the work when need it to be done and not when they don’t. This unique method helps the client in two ways- First, the client saves up a lot. Second, effective data management leads to beneficial business decisions which results in soaring revenues.

Assured Privacy, Security & Confidentiality:
Mentioned above are the major reasons why corporate giants hesitate to outsource. They check thoroughly for the strict security and confidentiality when they hand over their important data to management companies. But they needn’t worry as almost each data management company has strict security guidelines and the right technology in place to avoid information leakages. Every company will have the policies and procedures in place to ensure that any sensitive data they obtain is safely stored and get accessed only with authorized permission.

Lastly,
We know that data management is like the spine that interlinks all the sections of the information. It is a process where the company’s most crucial data gets accumulated, ingested, stored, mined and finally archived. Data is basically the business intelligence that helps the company to remain competitive and stay ahead in the global competition. Don’t spend a fortune on having an in-house team for all that. Instead outsource all these with eDataMine by spending just a fraction of your money. Let us offer you suitable data management services that will help you thrive in your field.

Quote us or give one of our executive a call on 8141413242 or email us on info@edatamine.com for your requirements.