What is this paper about?

It's a reality that Finance Companies might face uncertainty while outsourcing. Nearshore allows the reduction of this risk for its proximity and cultural alignment. Still, it is the decision-makers' responsibility to find the right partner for their business, focusing on minimizing the risk and maximizing the benefits.

This solution has become key to gain a competitive advantage for companies in the financial sector since Nearshore reduces cost and increases workforce capacity, improving the service capacity and allowing businesses to invest in the core value proposition.

Key Points:

Nearshore Advantages: We will go over the advantages of Nearshore, Cost saving, Large Bilingual Recruitment Pool, Cultural Alignment, and Proximity, in detail.
Finance Processes: Discover which processes Finance companies are outsourcing to these countries like; Loan Servicing, Debt Collection Contact Center Services and Software Development.
What to look for in a Nearshore Provider: Ending with the crucial decision-making factors, should you look for a Nearshore Outsourcing provider to reduce risk and succeed with this business strategy.

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