5196 Companies

Top Business Services Companies

Looking for business services provider on the web for your company? Here is a list of top business service companies made by the research team of GoodFirms. The vogue of outsourcing is on a new high as the largest companies of business services have flourished impressively focusing on respective industrial domains. The need for translation, transcription, data entry, accounting, financial planning, human resources, management consulting and so on are never ending for organizations. And apparently, every company wants to associate or hire the best service providers in order to churn positive outcomes. GoodFirms is thus here with a rundown of top business service companies globally to assist you in contracting the best one.

5196 Companies
List of Largest companies for Business Services provider
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List of Largest companies for Business Services provider

New Horizons
1801

New Horizons

Guiding Your Expansion In ASIA

New Horizons Global Partners is an international consultancy helping mid-sized and large enterprises expand globally, particularly to Asia. Through end-to-end business, legal, and tax services, we help international investors to establish and grow sustainable and compliant commercial presences around the world, including in: China, Hong Kong, Taiwan, Singapore, Macau, India, Malaysia, Japan, South Korea, Vietnam, Philippines, Cambodia, Indonesia, the United Arab Emirates, Australia, New Zealand, and Saudi Arabia.

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$25 - $49/hr
10 - 49
China
Accru
1802

Accru

An award-winning Australian accounting firm

  Accru is a leading network of award-winning accounting firms in Australia. We combine the personalised approach of a local firm with the skills and networks of larger scale organisations to create positive financial solutions for our clients. Accru has six offices in the major capital cities within Australia, and is also a member of one of the largest independent accounting and advisory associations in the world, CPA Associates International (CPAAI).

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$50 - $99/hr
50 - 249
Australia
Radioactive International Recruitment
1803

Radioactive International Recruitment

WE WILL MAKE THINGS SIMPLE

Radioactive International Recruitment (RIR) is a licensed international company specialized in the provision of innovative recruitment services. Our headquarters is based in Bulgaria, which gives us a perfect opportunity to connect European job seekers with businesses worldwide. We’re a leading International Recruitment Agency with a dedicated multicultural team of professionals. We have comprehensive experience in the provision of full time, temporary, permanent, and seasonal personnel to our customers, which operate in a variety of... read more

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< $25/hr
10 - 49
Bulgaria
Findex
1804

Findex

Your story is our business

  Findex is one of Australasia’s leading providers of integrated financial advisory and accounting services. With a vision to ‘revolutionise wealth and empower ambition’, Findex delivers comprehensive advice across the full spectrum of financial services, facilitated through its Family Office approach. At the cornerstone of this approach are four prominent and embedded beliefs; relationships and technology, holistic advice, continuous evolution, and a one best way process. It is an amalgamation of these beliefs which h... read more

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$200 - $300/hr
1,000 - 9,999
Australia
William Buck
1805

William Buck

A leading network of Chartered Accountants

William Buck is a leading network of Chartered Accountants and advisors with offices across Australia and New Zealand. Established in 1895, we‘re more than just advisors; offering a full range of services and 360 degree support we aspire to create a positive change in the lives of our clients and our people.

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$200 - $300/hr
250 - 999
Australia
DaCare
1806

DaCare

A leading executive search firm

DaCare is a leading executive search firm in China and Asia. Our past search experience and assignments cover but not limited to these areas: Shanghai, Beijing, Guangzhou, Shenzhen, Chongqing, Chengdu, Suzhou, Hangzhou, Nanjing, Qingdao, Hong Kong, and more... Our record as one of the leading search firms in Asia is underscored by combining world class search methodology with deep local expertise. In 2005, DaCare is recognized as "China Search Firm" of the year by People's Daily.  

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< $25/hr
2 - 9
China
Toro Groups
1807

Toro Groups

People see an amazing breakthrough

Toro Group S (TGS) is a leading HR consulting company operating on the Bulgarian market for 19 years. TGS provides HR solutions in 3 main directions – Talent Acquisition (Executive Search, Direct Search & Selection and Employer Branding Solutions), Talent Assessment & Development (Assessment Centres, Management Development Programs, HR Due Diligence, Key Employees Programs), Management of Human Capital (Staff Leasing, Employee Satisfaction Surveys, Engagement programs, HR consulting). TGS is a partner of the international Executiv... read more

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$25 - $49/hr
50 - 249
Bulgaria
PKF International
1808

PKF International

Audit, accounting, tax & business advisory

PKF is a global family of legally independent professional services firms bound together by a shared commitment to quality, integrity and the creation of clarity in a complex regulatory environment. With offices in 440 cities, we operate in 150 countries across 5 continents and specialise in providing high quality audit, accounting, tax, legal and business advisory services to international and domestic organisations in all our markets. PKF International member firms have an aggregate fee income of $2.39 billion, and the network is a member of ... read more

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$150 - $199/hr
250 - 999
United Kingdom,
Australia
HRS Bulgaria
1809

HRS Bulgaria

Bringing brightest talents

Starting our business back in 2012 we were prepared for a big jump in the human resources industry - Bulgaria becoming a respected hot point for specialists in various sectors in Europe. We believe the greatest challenge is matching great people with amazing business projects and are proud to have a proven history of helping organizations launch their ventures and working companies expand their businesses in the country.

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< $25/hr
10 - 49
Bulgaria
Bentleys
1810

Bentleys

Thinking Ahead

Bentleys is a collaborative network of firms, which provides full-service business advisory, accountancy and audit solutions for individuals and organisations at every stage of the business life cycle, to help them get where they want to be. The network comprises 19 offices across Australia, New Zealand and China that are each independently owned and operated. Bentleys is also a member of the Kreston Network - an international network of accounting firms. Bentleys offers a broad range of advisory services to support the needs of modern enterpri... read more

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$100 - $149/hr
250 - 999
Australia
PFG Bulgaria
1811

PFG Bulgaria

Talent Certified Consultants delivery high quality

PFG Bulgaria Ltd. is a Recruitment Consulting Company providing professional HR services for businesses throughout Bulgaria and Europe. The company utilizes a unique business framework and a client-oriented approach to offer utmost customer satisfaction. PFG Bulgaria provides partnership in the selection, recruitment and HR processes with specialization in the fields of IT/Telco, Finances, HR Administration and Payroll, Co-Employment and Development. The main target of PFG Bulgaria is the establishment long-term partnerships and an increase in ... read more

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< $25/hr
10 - 49
Bulgaria
RND Talents
1812

RND Talents

Hire. Train. Accelerate.

We are RND Talents - the evolution of RND Solutions, a leading cloud consulting and software development company. We build on long years of experience in upskilling and engaging tech people in international environment. RND Talents bridges the gap between recruitment agencies, training companies and engineering teams through an integrated Hire-Train-Accelerate approach. We help clients design, setup and improve the kind of digital function and teams they need to win in the marketplace.

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< $25/hr
10 - 49
Bulgaria
Tripod
1813

Tripod

EVERYTHING BEGINS WITH PEOPLE

We are a consulting company committed to developing organisations and people. We take genuine interest in our customers and create viable solutions matched to their needs.

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< $25/hr
2 - 9
Estonia
ODEON msc
1814

ODEON msc

Experts in non-stop solutions

Odeon is a BPO (business process outsourcing) and consultancy company that develops tailor-made solutions.   Our main focus for BPO services is set on accountancy, communication, HR, marketing and sales. We offer experienced consultants with proven successes in other fields as well. Daily, our crew delivers quality because they perform each service with passion and fun.

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$25 - $49/hr
10 - 49
Bulgaria
HLB Mann Judd
1815

HLB Mann Judd

Together we make it happen

  HLB Mann Judd is an award-winning chartered accounting firm, with our clients voting us Number 1 for client service. Why? We’re not just accountants; we’re financial and business advisers, using our knowledge and experience to ensure your financial success. With member firms throughout Australia, New Zealand and Fiji, HLB Mann Judd is a leading mid-sized chartered accounting group. That's jargon for big enough to have all the experience and knowledge, small enough to work with you on a personal basis. The HLB Mann Judd... read more

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$150 - $199/hr
250 - 999
Australia
ARISTA Executive Search
1816

ARISTA Executive Search

Leadership builds companies

ARISTA was founded by senior executive search consultants with 20 years of experience from search & assessment in the Nordic and Baltic markets.

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< $25/hr
50 - 249
Estonia
HR Power Estonia
1817

HR Power Estonia

It is security vetting and recruitment company

HR Power Security is security vetting and recruitment company based in Tallinn, Estonia. We recruit ex-military professionals for international security companies for both land and maritime security. HR Power focuses on recruiting from Eastern-Europe as we believe it is the best possible balance between cost and quality

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< $25/hr
2 - 9
Estonia
Countplus
1818

Countplus

A beacon to the future

CountPlus is Australia’s leading network of professional accounting and advice firms, aligned through shared values, mutual success, and our sense of community. Listed in 2010 on the Australian Securities Exchange (ASX: CUP) the Company was launched in 2006 as a subsidiary of Count Financial. Since our public listing, CountPlus has welcomed several new firms into its network, providing them with greater resources and the intellectual capital to both grow their businesses and strengthen CountPlus.

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$100 - $149/hr
250 - 999
Australia
Nexia
1819

Nexia

Your personal finance and business partners.

Nexia represents a network of solutions focused accountancy and consultancy firms in Australia and New Zealand supported by global links to Nexia International. We offer a full service accounting solution with experienced partners and an enthusiastic team. A service delivered at a close and personal level by senior partners and an experienced specialist team, covering Taxation, Auditing, Corporate Advisory, Business Advisory and Commercial Services. This total immersion in our clients business presents the opportunity to create a new generation... read more

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$150 - $199/hr
250 - 999
United Kingdom,
Australia
McGrathNicol
1820

McGrathNicol

Advisory and Accounting

McGrathNicol is a specialist Advisory & Restructuring firm that has built a reputation for managing complexity and consistently delivering the results our clients need. Our team of independent experts work across all industry sectors and business sizes delivering valuable advice and high-quality outcomes. Our clients trust us with the most important aspects of their business. McGrathNicol Advisory helps companies improve performance by mitigating risk, managing change and achieving growth. We specialise in Forensic, Governance, Risk & C... read more

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$100 - $149/hr
250 - 999
Australia
Hall Chadwick
1821

Hall Chadwick

Pointing you in the right direction.

Hall Chadwick is one of the largest and most experienced accounting groups in Australia servicing clients in every major capital city and many regional centres in Australia. Our business advisors and tax experts add value to your business through the use of leading edge techniques and immediate access to the resources of our international network.

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$100 - $149/hr
250 - 999
Australia
BRANDEM
1822

BRANDEM

employer branding agency

Brandem is an Estonian recruitment and employer branding agency specializing in business-to-employee marketing to help our clients attract, recruit and retain the best staff.

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< $25/hr
2 - 9
Estonia
ShineWing Australia
1823

ShineWing Australia

Advisors & Accountants

ShineWing Australia is an Australian owned advisory and accounting firm with an 80 year history that understands relationships make all the difference in creating opportunities and delivering great outcomes for our clients and our people. With access to a global network and a team of over 10,000 professionals in 57 offices across 13 countries, we work together to open doors to opportunity in Australia, Asia and across the world.

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$100 - $149/hr
250 - 999
Australia
Brightway
1824

Brightway

LOCATED NEAR THE FREEDOM SQUARE

Our goal is to provide an HR platform for Nordic businesses operating in or expanding to the CEE region. We take the agency approach to our work. At Brightway that means we sit down and find optimal solutions together with our partners. We have helped Nordic, and international businesses, with services ranging from payrolling, staffing solutions (including office space and equipment for staff at times) to consulting

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< $25/hr
10 - 49
Estonia
CVO Recruitment Estonia
1825

CVO Recruitment Estonia

Finance Technology Sales & Marketing

Our main field of activity is recruitment and headhunting. We have helped more than a thousand people take the next step in their career and supported numerous businesses launch or expand their operations.

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< $25/hr
2 - 9
Estonia
HR factory
1826

HR factory

Home of HR Experts

HR factory is a flexible and versatile HR solutions company operating on the market since 2002. HR factory is offering flexible HR services to companies of various sizes and with various needs not only in Europe, but beyond as well. We can help your company in specific areas as well as be your strategic partner in the overall management of human resources.

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< $25/hr
50 - 249
Estonia
Sheffield Executive
1827

Sheffield Executive

Customized Talent Acquisition

Sheffield Executive is a trusted advisor in the field of executive search. We specialise in senior level placements leveraging our expertise and in-depth knowledge of candidate markets in the Asia-Pacific region. Our commitment to “finishing what we start” ensures we provide reliable, practical and effective recruitment services. At Sheffield Executive we provide a rigorous, collaborative and consultative approach to leadership acquisition. We have deep functional and industry knowledge combined with a track record of success in ... read more

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$50 - $99/hr
10 - 49
Malaysia
Human Value
1828

Human Value

Human Resources solutions that work

Human Value is exclusively focused in HR Services for companies and individuals. We provide specialised HR consulting for companies, with services including implementation of HR systems and procedures (Performance Management, HR Outsourcing and Outplacement). For individuals, we offer career services (Resume design, Interview Training and Psychometric Tests)

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< $25/hr
2 - 9
Greece
EPS Consultants
1829

EPS Consultants

Building Confidence Lasting Relationship

EPS is a multiple award-winning professional Recruiting and Outsourcing specialist servicing customers and business partners in the Asia Pacific region. For over two decades now, EPS mission is to be a leading one-stop Recruitment & Outsourcing service provider by offering innovative and cost effective solutions. With operations in the APAC region, EPS is reputed to bring high value-added and integrated services to our clients leveraging on our talented professionals, advanced technologies and our technical know-how. EPS prides itself in... read more

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$100 - $149/hr
50 - 249
Malaysia,
Thailand
Enjaz
1830

Enjaz

The best HR consultancy

Enjaz Consultancy & Enterprise Management (S.A.E) is an Egyptian based and owned company engaged in Human Resources Consultancy, Multi - Process Outsourcing Solutions, Development Solutions and Psychometric People Assessment. Enjaz HR leaders are committed to deliver the solutions that fit your business aiming on providing successful and applicable strategic management capabilities and HRO excellence. At Enjaz we fully understand the necessity of having an integrated, focused and strategically aligned HR systems. HR is the engine that drive... read more

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< $25/hr
10 - 49
Egypt
Job Nile
1831

Job Nile

Recruitment & HR Consultancy

Job Nile-Recruitment&HR Systems Co. is the first Recruitment & Human Resources Consultancy Firm in Alexandria and one of the most professional in Egypt. A Market Leading Firm providing high quality and professional Recruitment (technical & non-technical), HR Consultancy and Training Services to the Egyptian as well as the International Market since the year 1999.

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< $25/hr
10 - 49
Egypt
Target Recruitment & HR Solutions
1832

Target Recruitment & HR Solutions

Recruitment Agency in Egypt

Target Recruitment and HR solutions is Egypt’s first recruiting company. Over the last decade, our expert yet skilled team has made 5000 successful hiring processes based on our huge database and professional research skills at multinational and local companies as well. When it comes to recruitment in any company, it is crucial. The success of any entity is based upon the efficiency of its employees which makes Target Recruitment the best at selecting the most suitable employee to your company. Target Recruitment team is in a continuous u... read more

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$50 - $99/hr
50 - 249
Egypt
Aspire HR Consultants
1833

Aspire HR Consultants

A Human Resources specialized firm

Aspire HR Consultants ‘Aspire HRC’ is a Human Resources specialized firm. Our core business is HR consultancy, Senior Management Recruitment & Development, Selection & Assessment, Outsourcing and Change Management. We believe in delivering robust Human Resources solutions to help our partners and customers excel. With rich experience in the field, Aspire HRC team is coming from a diverse multinational experience from PepsiCo, Procter & Gamble, Coca Cola and Unilever in the Middle East & Europe We are partners with IR... read more

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$25 - $49/hr
10 - 49
Egypt
Kelly Services  Malaysia
1834

Kelly Services Malaysia

Staffing the World.

Kelly Services set its footprint in Malaysia in 1984. For over 30 years, Kelly Services Malaysia has been partnering with the finest local companies, key government agencies as well as some of the world's most respected multinational companies to deliver the best talent in the market. We operate from 4 strategic locations – Kuala Lumpur, Melaka, Johor Bahru and Penang.  

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$100 - $149/hr
250 - 999
Malaysia
Simplika
1835

Simplika

10 years of simply better HR service!

Simplika has grown from the international company CVO Grupp, which started operations in the Baltics in 1999. Initially, the company offered a job posting and CV database service. Starting in 2006, the company started to offer innovative personnel rental and management services in several European countries.

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< $25/hr
2 - 9
Estonia
Roots Management Consultants
1836

Roots Management Consultants

MANAGEMENT CONSULTANCY SERVICES

ROOTS was established in 1997, with over than 20 years of experience in the outsourcing field powered by high standards and commitment sat to ourselves, successfully provided us with the insights and understanding of our clients needs and aspirations. Many organizations outsource multiple HR processes to cut costs, create a more strategic HR function, and deliver improved service to a global workforce. ROOTS helps organizations outsource multiple HR processes to a single provider, creating a more strategic HR function, transforming delivery mod... read more

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< $25/hr
10 - 49
Egypt
Capita Pte Ltd
1837

Capita Pte Ltd

Premium Hr Expert

Capita is a premium recruitment expert and staffing provider for international companies in Singapore and across Asia. Top 10 HR Vendor since 2010. OUR VISION To make Capita the top of mind company through delivering excellence with a professional and personalized service OUR MISSION • Align Capita’s goals with our clients’ business objectives through our personal relationships with each client. • Nurture talents on their career growth path by unlocking each individual’s potential. • Provide a collabor... read more

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$100 - $149/hr
250 - 999
Malaysia
Executive Lab
1838

Executive Lab

We at Executive LAB like numbers

We search for executives and professionals, and help our clients to assess and develop their key people.

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< $25/hr
2 - 9
Estonia
Global Expat Recruiting
1839

Global Expat Recruiting

Hospitality Executive Search

Established in 2008, Global Expat is specialized in senior recruitment for the Asia Pacific hospitality industry. Through our Bali office, we have over the past 11+ years, been serving clients in the Maldives, India, Thailand, Vietnam, Laos, Cambodia, Myanmar, Brunei, Indonesia, Malaysia, Singapore, China, Hong Kong and the Philippines. We are since years the hospitality recruiter of choice in Indonesia and our aim is to soon become the #1 hospitality recruiter in the South East Asia region.

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< $25/hr
2 - 9
Indonesia
Talent Search Recruitment
1840

Talent Search Recruitment

Executive Search, Payroll outsourcing

Talent Search Recruitment - Indonesia, a Jakarta-based executive search company specializing in human resources (HR) and recruitment services for traditional businesses as well as startups. We are a leading executive search agency that helps their clients find the best talents in all industries across Indonesia, Singapore, Malaysia, India and Haiti. With our team specialized in their own respected industries, we are able to source talent's that match the requirement given to us by our clients. We understand the importance of having a gre... read more

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$50 - $99/hr
10 - 49
Indonesia
Pro Grow
1841

Pro Grow

We Provide Human Capital Consultation services

We Provide Human Capital Consultation services. Bespoke various modeling that fit your organization and will help you deliver optimal performance. The Pro Grow is a sister company to United Consultant Group with a team of experts and a project history in human resource consulting, psychometric assessment and Training. Our experts have a strong scientific background and the necessary technical skills they need to be successful, meeting deadlines of your projects. We provide services to construction companies, hotels, banks, factories, airport, s... read more

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< $25/hr
10 - 49
Egypt
LANSIMA
1842

LANSIMA

Human Resource Development Institution

LANSIMA LTD. Established in 1982, and now has become one of the leading Recruitment agency in Indonesia. With several representatives in South East Asia, Middle East and Africa. LANSIMA is currently conducting business with most of Middle East and Asian Member Countries and it poised for even greater expansion in the global market place. Lansima Employment Agency offers a customized package of services that best meets and often exceeds the needs of its clients. The labor market is becoming more global and our experienced and trained staff ca... read more

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$50 - $99/hr
50 - 249
Indonesia
Alpha Dog Transcriptions
1843

Alpha Dog Transcriptions

Best Transcription Service Around!

Our goal is to make life as easy as possible for you. That’s why we provide a straight forward transcription service at a reasonable price. Just click here to get started now!

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< $25/hr
2 - 9
United States
Trint
1844

Trint

Get searchable, editable transcripts in minutes

Transcripts are your new secret weapon. Access the full potential of your audio and video content by converting it to searchable, editable interactive transcripts with Trint.

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< $25/hr
10 - 49
United Kingdom
Top Talents
1845

Top Talents

Egyptian HR company

Top Talents is a Human Resources Company in Cairo, Egypt, aiming to provide Individuals with the skills they need to succeed in today's global market.

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< $25/hr
10 - 49
Egypt
EgyCham
1846

EgyCham

THE BEST HR CONSULTANCY in EGYPT

tarted its work after 25th Jan revolution as one of its profits that has been came from initiatives and thoughts that has been released to be one of Pillars of the Renaissance in a country that has a lot of resources and abilities.One of the most important ability that this country has is the human resource element who buffeted some impurities as a result of corruption,which has been nested for long decades and created a suspicious culture of despair and frustration The idea has been started by noticing that most of charity foundations in our A... read more

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< $25/hr
10 - 49
Egypt
Transcription Outsourcing
1847

Transcription Outsourcing

Transcription services.

Transcription Outsourcing, LLC is the leading full service transcription company in the US. We are located in Denver, CO with clients and employees all across the US which means we can accommodate all US time zones. If you can record it we can transcribe it. Our services include medical transcription, legal transcription, law enforcement transcription, financial transcription, academic transcription, podcast transcription, and more.

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< $25/hr
10 - 49
United States
Transcript Divas
1848

Transcript Divas

accurate, on time transcripts or they are free

Transcript Divas Inc. is a United States registered Transcription Service (company number: 5420745). We have been operating since 2013 and carry all the necessary insurance. We are covered by Hiscox Insurance for USA wide claims up to $500,000.

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< $25/hr
2 - 9
United States
Speechpad
1849

Speechpad

Transcription Services

Speechpad provides high-quality transcriptions and captions at competitive prices. Our international customer base ranges from Fortune 500 companies to boutique businesses and individuals. Since we began operations in 2008, we have always made customer satisfaction our top priority.

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< $25/hr
2 - 9
United States
Rimbun Job Agency
1850

Rimbun Job Agency

Only All Creative People

Established in 2007, RimbunJob Agency is one of the top recruitment agency in Indonesia. Our recruitment consultants work with you to understand your business requirements and ensure that you find the most appropriate candidate for the job. Exceeding expectations and delivering success to our clients Manage your job search or recruitment process through Rimbun Job Agency – one of the leading headhunters in Indonesia.

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$50 - $99/hr
10 - 49
Indonesia
Buyer’s Guide
What Are Business Services?

Business services refer to the solutions commonly required by businesses. These services solve a commercial task and are intangible, unlike products. These tasks range from consulting, banking, insurance, warehousing, technical maintenance, etc. These services can be delivered physically or via virtual platforms such as mobile apps, web-based systems, cloud solutions, etc. Outsourcing these services is a noteworthy trend today and helps businesses focus on their core operations.

Characteristics of a Business Service:

Business services are divided into the following characteristics:

1. Intangible: These assets lack a physical form and are untouchable. 
2. Inconsistent: These services differ from client to client and mainly depend on user-experience.
3. Inseparable: These products are produced and consumed simultaneously.
What Is the Difference Between Building an Outsourcing Business Services or Building an In-House Team?

Decide whether you plan on delivering business solutions through an in-house team or outsource to service vendors. With an internal department, you will be capable of having dedicated solutions. This will require you to appoint designated employees for the task. However, it will increase the cost of staffing, infrastructure, etc. Besides, it is more time-consuming and can distract the workforce from the core business tasks.

Contrarily, outsourcing empowers you to nitpick service providers based on your requirements. Moreover, you save a substantial cost as you do not need to invest in the latest technologies and tools. You also have the freedom to pick the top business service provider after assessing their expertise, knowledge, and years of experience. Outsourcing business services have several other benefits that are discussed in the following topic.

What Is the Importance of Outsourcing Business Services?

There are numerous advantages to outsourcing business processes, namely:

1. Cost-Efficiency:

Businesses incur a vast range of expenses throughout. Subcontracting non-essential services to service providers based in locations with low labor costs, aids agencies in cutting down their expenses substantially. Moreover, the wage gap between developed and developing countries also results in achieving tasks at a lower cost without compromising the quality of the solution. Besides, businesses do not require to invest in licensing high-class technology, building office space, electricity, full-time staffing, etc., which further reduces the overall expenditure of the business.

2. Access to Expertise:

The business service providers do not simply deliver what the organization demands, they offer better and customized solutions owing to their years of experience and skills. The service provider company consists of a team of experts who can accomplish the task easier due to their extensive knowledge and in-depth understanding of the project domain. In addition, businesses based in developed nations have to deal with talent shortages due to the increased demand for skilled workers. Hiring independent business service providers from developing countries also address this issue.

3. Scalability:

Investing in developing a full-time, in-house team for services that are either temporary or may require further expansion or compression in a later stage is expensive for business firms. This can be resolved by timely outsourcing such services. Business service providers are apt to efficiently handle these surges or decline in the workload. For instance, external agencies can assign additional workforce to manage accounting and auditing services during peak tax season at an added cost. Whereas, reinstating the regular team will reduce the work pressure.

4. Risk Mitigation:

Externalizing solutions enable agencies to manage risks and inconsistencies associated with business services. Substandard staffing can lead to an unsatisfactory level of operation causing financial or reputational damage. Business service providers are liable to provide staff backup during a shortage of employees while ensuring that they are above par at the job. Agencies can also shift the responsibilities of certain business processes to the outsourced vendors as they are proficient and experienced in handling such situations.

5. Competitive Edge:

Outsourcing business services assist businesses in gaining a competitive edge in the industry. Businesses can operate 24/7 since the service providers can take over the tasks and functions in the absence of the in-house team. This offers enhanced satisfaction to customers thereby gaining trust from the clientele. Additionally, these firms can acquire the latest tools and technologies, allowing companies to easily integrate these solutions into their operation leading to improved operational performance. These service partners can also manage critical, time-sensitive tasks in the absence of decision-makers and refer back in due time for consideration.

Which Are the Different Types of Business Services?

The business services cater to the vast aspects of the industry. Following are some of the most prominently outsourced business services:

1. Accounting:

Setting up an in-house accounting department can be expensive. Outsourcing business accounting services allow small businesses to manage bookkeeping, petty cash and ledger management, etc. Accounting business services can easily handle ledgers of a small or large company while also working with other customers. A specific team for small business accounting services can accomplish tasks more quickly. Moreover, companies can quickly scale services when the need to expand the business arises. 

2. Answering Services:

Investing in an answering service offers businesses professional phone answering services at a significantly lower price. The answering services for business offer exceptional tech systems that are capable of handling the vast volume of calls. Outsourcing business answering services also free up staff and resources to focus on core products. It plays an essential part in improving the rate of return as better customer service boosts sales and revenue.

3. Data Entry:

Outsourcing data entry services will aid in digitizing the data as well as ensure its systematic storage and maintenance across multiple platforms. The key advantage of incorporating external help is that the data becomes more logical, structured, and readily available for analysis while making vital decisions. These data services also offer NDA (Non-Disclosure Agreement) that ensures the data is secure and accessed by authorized personnel only. Businesses also save substantial costs while dealing with a heavy volume of data.

4. Financial Planning:

Every organization requires financial services for varied purposes such as taxation, valuation, depreciation, or expansion. Managing finances is generally done by the internal finance department of the organizations. However, getting assistance in financial planning services allow businesses to gain additional accounting experts having technical knowledge. It also enables small businesses to keep track of updating accounting rules and implementations. Organizations can also tackle difficult economic situations as well as pay close attention to the security and confidentiality of the data.

5. Human Resources:

Outsourcing human resources services can cut down the overhead costs that are associated with HR solutions. The service provider companies are also responsible for managing employee payslips, offers advisory on tax, and deductions for accounting purposes. Outsourcing also enables firms the ability to access global talent enhancing business efficiency. HR service providers also maintain and audit business policies to ensure the best interests of the organization and the employees are protected.

6. Management Consulting:

Management consulting services deal with the entirety of the business solution. Hiring expert management consultants in the early stage of conception supports organizations through financial advisory, fundraising, and overall business development. This service also focuses on identifying managerial risks and eliminating them. Management consultants are apt to deliver unmatched services in building strategy and offering consultation regarding technological and functional systems.

7. Transcription:

Managing in-house transcription services can be extremely costly and time-consuming. On the contrary, outsourcing saves time and effort of the staff as well as resources such as infrastructure, workforce training, etc. In addition, hiring external resources allows firms to acquire experts from varied fields depending on the needs of the company. The specialized managers are also responsible for the timely delivery of the transcription work while maintaining the quality of the product.

What Are the Features of an Ideal Business Services Provider?

The success of a business majorly depends on its partnership with the numerous chains of business services. However, while searching for a business service partner, it is essential to scrutinize the firm on the basis of the following features.

1. Effective Communication:

Building an efficient communication channel is essential while outsourcing any services. Businesses must look out for service providers who can constantly keep in touch. A reliable business service provider company is one that implements emails and alerts to keep the clients updated on new developments as well as respond promptly to any complaints raised by users.

2. Client-Centric:

Dedicated business service companies place tremendous emphasis on clients’ requirements. Opt for a company that prioritizes the need of their clientele and quickly works on eliminating any complaints. This is most critical when dealing with business services, as a flaw in a single operation can disrupt the functionality of other codependent services. 

3. Timeliness:

While outsourcing business services, organizations always worry about the complications related to untimely delivery. Late deployment of solutions can delay the entire project. Business service provider companies that stick to their schedule build a loyal customer base. Moreover, this allows the client firm to stay focused on their core operations instead of frequently following up with the business service provider.

4. Expertise:

Look out for business service provider companies with relevant skills, knowledge, and experience. To verify their credibility, read testimonials and online reviews offered by past clients. You can also refer to independent research and review platforms, like GoodFirms, to determine the quality of the business services provider.

5. Adaptability:

One of the most essential characteristics of a successful business service is its capability to adapt to the existing business environments. For instance, when finance planning services are outsourced, it is vital that it is well incorporated with the other systems such as accounting to deliver excellent results.

What Questions Should You Ask Before Hiring a Business Service Provider?

You must ask the following question to get a better understanding of the business service company before signing the contract:

1) How Do You Ensure That the Partner Understands the Project's Requirements?

This is one of the most fundamental questions while selecting a company. Business service providers must comprehend the requirements of the project in-depth to offer apt service.

The ideal partner is the one who can offer a comprehensive understanding of the concerns, resources, budget, and business goals. List your needs and expectations in detail and maintain a clear communication channel. 

2) Do You Have Any Viable References?

It is always advisable to inquire about the references and recommendations received by the prospect in their past projects. This allows you to judge the credibility and the approach of the business service company. 

Most companies list their past notable clients on their website. Reach out to these customers and request their genuine reviews regarding the service company. You must also look out for feedback offered on autonomous review and rating sites like GoodFirms, to gather an unbiased opinion.

3) Do You Have a Disaster Recovery and Business Continuity Plan?

Irrespective of the services offered, each provider must have a failsafe plan in place, in case of a catastrophic event.

Inquire regarding their recovery strategies in order to avoid any loss of data and have a smooth work system. Moreover, having a continuity plan also ensures that the organization can quickly resume critical business functions following a disruption.

4) Do Your Team Possess Relevant Experience?

For delivering solutions that meet your expectations, it is vital that the business service provider company enlists a team that has relevant expertise.

Request for the list of employees that are assigned to your task. You may explore their LinkedIn profiles to better evaluate their credibility, talent, experience, and relevancy with the project.

5) Why Should I Hire Your Company?

Although a very generic question, it allows the shortlisted company to exhibit the benefits that you are to receive. It is possible that you have already thoroughly explored the pros and cons of the service company, nevertheless, during this conversation chances are that undiscussed benefits are highlighted. 

However, do ensure that you do not fall for extravagant claims! You can always demand samples of the measurable services and insist on jotting down a written contract to accentuate any intangible solutions.

GoodFirms Research Process:

To receive specifically designed business services, company proprietors need to assess and select the best business service companies. GoodFirms’ key focus is to help service seekers in identifying the best business service provider companies worldwide.

The predominant business service partners have gained a spot on the above-mentioned list of top business service provider companies after being evaluated based on GoodFirms’ proprietary research procedures. This research acknowledges several vital qualitative and quantitative factors. The business service companies are judged based on their domain expertise and the quality of support offered to their former clients. Besides, GoodFirms considers the market reach and the amount of experience of the participating agencies to comprehend their contributions in the industry. The other valuable parameter investigated by the research team is the inclination of the agency to deliver business services to customers, which are confirmed by customer reviews and feedback.

After thorough research, GoodFirms’ analyst observed that the above-listed business service companies deliver reliable solutions to patrons across the globe.

GoodFirms would like to welcome business services providers to participate in future research modules to get ranked in our 'Research' section. All you have to do is provide your company’s portfolio along with the proof of your accomplishments.

GoodFirms