Business
Hey there, welcome back to today’s podcast, where we are going to talk about something that’s considered not-so-crucial, yet it is. It is none other than data entry.
I’m sure you might be thinking, “It’s just an ordinary task of entering data; what’s the big deal in it?” But the reality is concerning, especially if you are doing it in-house. This can be occupying a lot of time, money, and focus of yours, but you are not paying any attention to it.
Let’s show you some facts. According to a report by IDC, data professionals spend about 80% of their time just finding, cleaning, and organising data. Can you believe it’s 80%? This means that only 20% is left for analysis or decision-making, which is a big concern.
Now imagine your sales, admin, or operations team is spending hours or days on manual data entry. This means that your high-skilled employees are busy with doing low-skilled tasks, and this is also not free from costly errors. Many studies are conducted that show manual data entry can be erroneous by 1% or more. This percentage might be small, but just calculate the percent of errors when it comes to thousands of entries. For sure, errors will be more, and hence, they can lead to wrong decisions, compliance issues, or embarrassing customer mistakes.
Now, let’s move to the title – what are you missing by not outsourcing data entry? Well, the first and foremost thing is speed and accuracy that can be compromised. Data entry outsourcing companies are hardcore into this profession. Using specialised tools is their need. Trained professionals and quality checks are their priorities that help in minimising errors and speeding up turnaround. The possibility is there that your team might be juggling tasks from data analysis to entry. Here, an outsourcing partner’s laser-focused vision can help in getting your data fast and with precision.
That brings us to a wider picture, data input & processing is not just about typing numbers into a sheet. It's a critical foundation for every function that depends on clean, accurate, and well-organized data.
The second point is cost saving. Selecting an outsourcing partner from countries like India or the Philippines, the overall labour cost can be down by up to 60% or more than hiring in-house or local service providers. However, it does not mean you’re compromising on quality. You get the quality you expect because many of these providers are ISO-certified. The sophisticated and latest technologies they use ensure data security and accuracy.
Another point to think about external support is the free hours. You free up your in-house talent that can be devoted to focusing on things that actually increase revenue, like customer experience, product innovation, or marketing. Here the point to think twice is that data entry is crucial, but it strains the mind because of repetitive entries. So, you can set your team free from that distraction and resentment. This will give them more time to spend on their core areas.
Finally, outsourcing allows you to scale up or down services without hiring more experts and bearing overheads. So, you don’t need to worry about a seasonal spike in data needs from a new product launch; your outsourcing partner can handle it without the headache of hiring or firing.
So, what’s the bottom line? If you are not outsourcing your data entry, you are missing more than just a missed opportunity. Your productivity, goals, and even your data integrity might be disturbed.
This is all. Thanks for listening to our podcast.