Title companies find savings offshore
Industry News Tuesday, September 02, 2014 | |
In the title insurance industry, work sent offshore can include processing images, keying and key verifying, researching missing and incorrect data elements, performing quality assurance and some escrow functions — mostly simple, entry-level tasks.
The panel agreed that many companies in the industry should expect to save 25 percent to 30 percent by offshoring, with the right vendor.
I don't have a subscription to The Title Report, but what are the trade-offs in saving money versus poorly done reports and communication problems.
Maybe something NALTEA could address in a follow up article with The Title Report.
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