The Only Answering Service Comparison You Will Need (2021)

Are you having difficulties choosing the perfect service provider? This Answering Service Comparison will answer all of your questions.

Scanning through a plethora of answering services can be time-consuming.

However, there are many things to consider before committing to one Business Process Outsourcing company, such as pricing and employee attrition.

For SMEs, all decisions requiring money must be specific.

So, in this article, we compiled the top 30 SME-focused BPO companies to help you determine the best for your business.

Content:

• Top 30 Answering Service Providers
• Data Analysis
  • The efficiency of Price per Call
  • Customer Satisfaction per Calls Received
  • The Employee Attrition Rate Factor
  • BPO Focus
  • Efficiency Per Industry Focus
  • Conclusion

Top 30 Answering Service Providers

BPO (Business Process Outsourcing) could be the key to giving your firm the competitive advantage it needs. And there is no more perfect destination to outsource than the Philippines.

Regarding outsourcing, the Philippines is rapidly developing, giving India a run for its money. Variables such as talent, cost, infrastructure, and innovation greatly help the country stand out.

In the table below, we arranged the top 30 SME-focused BPOs in the country.

To help you further, let us analyze the table and look at the standard performance benchmarks in the industry using the data provided.

Data Analysis

Before choosing the best call center provider, you must analyze whether they fit into your business model.

In this part, we will analyze the data presented to determine which company benefits your business more.

The efficiency of Price per Call

In a call center setup, it is essential to make each dollar count. To measure that, compare each company’s price to its average handling time.

Price per hour is the estimated cost of the service provided by the company. Knowing this figure will help you gauge your budget.

However, most call center pricing can change if there is a demand for higher parameters in call volume, agent skill sets, and the number of hours or contract terms.

It is also essential to look at companies’ AHT or Average Handling Time.

AHT is the average duration of a customer call transaction, including all hold times transfers and after-call activities, from when the customer dials the number until the call ends.

Lower AHT implies the call gets resolved in a few minutes. And the less time spent on resolving issues, the more calls your business can receive.

When choosing a BPO partner, always note that AHT should always fall below the industry benchmark. In a study by Cornell University, they found out that these are the basic AHT for each industry:

Telecommunications = 528 seconds

Retail = 324 seconds

Business & IT Services = 282 seconds

Financial Services = 282 seconds

That is why it is ideal to get a cheap call center provider capable of receiving massive calls.

It just means that every dollar spent on your answering service provider is worth it.

Customer Satisfaction per Calls Received

Here’s a quick fact: 62% of customers believe that agents’ knowledge of your service is the primary key to a great customer satisfaction (CSAT) rate.

That means the higher the CSAT is, the more you can ensure that your call center service provider cares about your brand.

90% or above is the ideal call center CSAT.

To measure Customer Satisfaction per Calls Received, look at the CSAT score and calls received.

A good CSAT score and high average calls received per hour mean that agents can satisfy customers’ needs upon initial contact.

AHT can provide good supporting information to gauge how fast they can transact with customers.

The Employee Attrition Rate Factor

The x factor in outsourcing is the Employee Attrition Rate. But why?

The immediate consequences of high turnover rates are severe: loss of vital information and experience, loss of morale for those who remain, and loss of conviction in the team’s competency and capacity to perform.

None of them are simple or quick to replace.

That is why looking for a company with below industry standard (30%-40%) employee attrition rate is important.

A high attrition rate will render everything meaningless. It is imperative to keep employees happy.

What’s the use of cheap BPO companies if your agents are uncomfortable and not giving their 100% best?

Also, happier employees are more engaged. In turn, engaged employees are more productive and have a lower percentage of absenteeism from work.

It is critical to have a healthy working atmosphere. Employee friendships flourish in a healthy work environment, which enhances personal well-being and will benefit your bottom line.

In essence, the workplace environment and culture are vital to keeping employees.

BPO Focus

Since every dollar counts for SMEs, it is also possible that they will not need any other services that BPOs offer.

An SME that is more concerned about handling social inquiries will not need voice services.

On the other hand, companies like retail and IT are more inclined to get a BPO company that can provide voice and non-voice services.

The ideal BPO company can provide both flexibility and competency.

Based on the table above, only a few call center companies can provide cheap and compelling voice and non-voice services in various industries.

If you are looking for a versatile BPO partner, choose SME-focused companies that can handle any services you want.

BPO focus can also be a determinant of the company’s technology and expertise.

Efficiency Per Industry Focus

It is not enough that your company is versatile.

They must be able to deliver the positive result that you want.

There is no better way to look at CSAT and AHT and compare efficiency to the company’s industry focus.

As mentioned, a good CSAT and AHT means a company can satisfy customers. If we consider the service focus and the industry they cater to, we can better understand what efficiency looks like.

Conclusion

Philippines call center companies vary in their services, prices, and capabilities. That is why picking the best among the rest is so difficult.

But with the help of different data, we can say that the best answering service providers are BPO companies that show versatility, affordability, and proficiency.

The top 3 stand out among the 30 companies: Magellan Solutions, Noon Dalton, and Unity Communications.

Based on our analysis, these three excel in all areas studied. It proudly parades all the badges of a capable and trustworthy BPO company.

All of these companies show flexibility in terms of service and focus. On top of that, they all showed desirable Employee Attrition Rates, CSAT, and Pricing.

Learn More About the Top Call Center Company in the Philippines

Magellan Solutions is the customer service outsourcing you need.

Magellan Solutions is a BPO company based in the Philippines that supports small to midsize businesses.

With over 18 years of industry experience, we offer high-quality customer support and call center services. On top of that, we are a certified ISO 27001:2013 and HIPAA-compliant company.

At Magellan Solutions, we combine technology such as ACD, CRM, and IVR with agent skills. We ensure they have all the necessary tools, equipment, and knowledge to serve customers.

We believe progress shouldn’t break the bank, so our services remain flexible and competitive.

Contact us now to discuss how we can help your business succeed. Complete the contact form below and talk to us for free!