An ideal Client and Virtual Assistant's business relationship: Learn how a company grew by outsourcing the Administrative tasks offshore
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1 An ideal Client and Virtual Assistant's business relationship: Learn how a company grew by outsourcing the Administrative tasks offshore
2 EXECUTIVE SUMMARY The client, Managing Director of Capital Market and Digital Strategies, is responsible for connecting and advising businesses within the institutional and retail investor community. He also leads company s Digital Strategies team, which procures and implements social media strategies for public companies. He has been successful developing industry contacts in and around major businesses in UK. Previously, client worked in marketing and branding small to medium sized businesses. Prior to that, he was an underwriter specializing in aerospace and aviation insurance. Client s collaboration with Fusion changed the way their operations were taking place on the daily basis and optimised the whole process.
3 CLIENT SUMMARY Client's company is dedicated to the discovery and creation of shareholder value for public companies. The company has specific experience with life science, high technology and international companies. The company provides its clients with capital market advisory, strategic communication and multimedia marketing services. They adapt these services to their client s particular needs to successfully reach and influence key capital market participants in order to maximize shareholder value. Client s capital market advisory services include overall investor strategy development to increase and leverage investor awareness, visibility & credibility. Their strategic communications services leverage digital media channels to further increase awareness to all key constituents, and their multimedia marketing services include direct mail, marketing, investor presentation production, video production and website development.
4 THE CHALLANGE Prior to the collaboration with Fusion, their work was technically difficult, time consuming and they were not able to devote their full time due to company meetings and other important work, therefore they decided to hire a virtual assistant. In February 2015, the idea of outsourcing appealed to the client & they decided to delegate few of their daily administrative work such as: preparing Distribution on News, Create Month Till Date, Update Distribution Detail report, sending reminder s to their team, Twitter Following Task, and few other administrative work.
5 THE SOLUTION They were referred to Fusion by someone in their network. A call was scheduled between client's management team and Fusion s subject matter experts. Fusion s subject matter experts were fully aware of the challenges that lie with such transition and made sure client s management s concerns and questions were answered diligently and realistic expectations were drawn in a measurable time frame. Client s concerns were Fusion s suggested areas where its experienced staff can take over from client s team and the activities that can be managed offshore. A strategy was discussed and a partnership formed. Within the first 24 hours of free trial itself, Fusion VA quickly learned & delivered the output efficiently. 6hires a year The team in India is responsible for at least six hires a year for Client. 3hires in her very first year The VA in the Philippines was responsible for three hires in her very first year, covering her salary, which was one third of her billing % Client anticipates that each VA in the Philippines will be responsible for nine to ten new hires per year, resulting in an % return on investment.
6 SUCCESS STORY We are extremely happy with how we have been able to scale up our operations in close conjunction with Fusion. Since the partnership with Fusion, client has acquired two new businesses and continues its rapid growth through the consolidation of leading capital market companies in enthusiast-driven markets. Fusion s trained staff is now an integral part of client s team and since the inception of this partnership, Fusion has created new synergies and there are now many different functions at the back end which are handled exclusively by Fusion. Acquired 2 New businesses Team size grew by 6hires a year 333% YoY (Year on Year) 60% Reduced Staffing cost Partnership Since 2015 with 15+ Fusion VAs today
7 CONTACT US HEADQUARTER F-37, IT Park, MIA Extension, Udaipur , Rajasthan, India Phone: US OFFICE Blumberg Excelsior Corporate Services, 155 Office Plaza Dr, 1st Fl., Tallahassee, FL 32301, US Phone: UK OFFICE 14 Gray s Inn Road, WC1X 8HN London Phone: +44 (0) info@fusionfirst.com
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