Offshore outsourcing saves between 40% to 60% compared to internal company costs in the United States. This significant cost savings is due to the lower wage rates in the overseas locations and the efficiencies that large outsourcing companies can implement in their operations.
HDEP International does not have a standard price sheet for any product because we customize all work to meet the expectations of the specific client. Each client has different requirements and preferences stemming from differing county and state laws and regulations, underwriter rules, and their own customers’ expectations. Software ease of use, title evidence accessibility, and bandwidth are also factors in determining pricing.
HDEP International has been working with the title insurance industry for over thirty years. We know the liabilities that accompany errors and also understand that it may take many years for the liabilities to reveal themselves. Therefore, our focus has always been on quality. Inaccurate and unreliable data from outsourced work undermines internal staff trust, causing them to redo or add back tasks…“just in case.” This, and cookie cutter work not specifically tailored to a company’s needs, quickly cuts into any cost savings that may have been realized from outsourced work.
Over the years we have developed many processes to ensure that the output is of the highest quality. The care reflected in these additional processes can add to the cost, but we believe they pay for themselves: Internal staff are more productive because they trust the data that they are working with.
We believe that a customized, highly accurate and reliable solution is in the best interest of our customers. Our history of long-time customers gives us confidence that we are doing things the way they should be done.