SourceHOV
Back-Office Operations
SourceHOV is a private, independent business process services company that provides back-office operations for healthcare, finance, and document management sectors, known for its end-to-end solutions and industry expertise.
Size
5K-10K
Public
100m-1b
Mission
To help organizations drive efficiency, reduce costs, and improve accuracy in their business-critical processes.
About
SourceHOV offers back-office operations along with finance and accounting, HR, recruitment, and payroll services for clients in healthcare, banking, and insurance. The company operates using a hybrid delivery model and supports organizations needing high-volume, mission-critical process management.
It is recognized for its commitment to efficiency and accuracy, leveraging advanced technology and deep industry knowledge to deliver scalable outsourcing solutions.
Services
SourceHOV provides back-office operations supported by finance and accounting, HR, recruitment, and payroll services. These services cover critical business functions such as claims processing, billing and invoicing, and treasury and cash management, tailored to support organizations in managing high-volume processes effectively.
Capabilities
Claims Processing
Billing & Invoicing
Treasury & Cash Management
Payroll Processing
Industries Served
The company serves clients in healthcare, banking, and insurance. It has experience supporting financial institutions and healthcare providers with services aligned to industry-specific requirements and technology platforms that enhance operational efficiency.
Unique Stregths
SourceHOV is known for its end-to-end solutions and deep industry expertise, offering clients reliable and secure outsourcing services. Its approach includes leveraging advanced technology to streamline complex processes, ensuring consistency and accuracy at scale.
Delivery Footprint
Headquartered globally, the company operates using a hybrid delivery model. It serves clients across various regions, with teams working in both onshore and offshore environments depending on client needs.
Certifications
No items found.
Verticals
Banking & Financial Services
Insurance
Healthcare & Life Sciences
Clients
No items found.
What's the main service provided by
SourceHOV
?
SourceHOV specializes in back-office operations, offering a range of critical services designed to enhance operational efficiency for businesses. Their primary focus includes claims processing, billing and invoicing, treasury and cash management, and payroll processing. These services are tailored to support organizations in managing high-volume, mission-critical processes effectively.
What additional services does
SourceHOV
provide?
In addition to their core back-office operations, SourceHOV offers a suite of other services, including finance and accounting, as well as HR recruitment and payroll services. This extended service portfolio enables them to support organizations in a comprehensive manner, addressing various operational needs beyond their primary offerings.
When was
SourceHOV
founded?
SourceHOV was established in 1989, marking over 35 years of experience in the business process outsourcing industry. Since its inception, the company has evolved to meet the changing needs of its clients, leveraging advanced technology and industry expertise to deliver effective solutions.
What industry verticals does
SourceHOV
serve?
SourceHOV serves multiple industries, including Banking & Financial Services, Insurance, and Healthcare & Life Sciences. This diverse industry focus allows them to cater to specific requirements and challenges faced by organizations within these sectors, providing tailored solutions that enhance operational efficiency.
What delivery model does
SourceHOV
offer?
SourceHOV employs a hybrid delivery model, which combines both onshore and offshore resources to meet client needs effectively. This approach enables them to optimize service delivery by utilizing local talent for client engagement while leveraging global resources for efficiency and cost-effectiveness. The flexibility of this model allows SourceHOV to adapt to varying client demands and operational requirements.
How many employees and/or seats does
SourceHOV
have?
SourceHOV has a workforce ranging between 5,000 to 10,000 employees. This significant size allows the company to manage high-volume processes and deliver scalable solutions that meet the varying needs of their diverse client base.
Can
SourceHOV
be considered a good service provider for startups?
Can
SourceHOV
be considered a good service provider for SMBs?
SourceHOV can be a valuable partner for small and medium businesses, particularly due to its scalable service offerings and extensive experience. Their hybrid delivery model allows SMBs to benefit from customized solutions that can grow alongside their business, providing the flexibility needed to adapt to changing demands. With a strong focus on efficiency and cost reduction, SourceHOV helps these businesses streamline operations and enhance overall performance.
Can
SourceHOV
be considered a good service provider for enterprises?
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