Have you ever wondered why organizations outsource? Are you wondering whether you must invest in outsourcing? Here are a list of reasons why organizations and individuals choose to outsource a part of there business processes.
- Increase productivity, commitment and profits in non core business processes
- Change fixed costs into variable costs
- Greater control of your budget
- Access to new markets and business opportunities through your outsourcing partner’s network
- Improve your risk management
- Lower costs because of economies of scale
- More time to spend on core business functions
- Access to new and innovative ideas about performing your services from your offshore partner
- Opportunities to generate cash by transferring assets to the offshore provider
- Improved business image and credibility by associating with superior service providers
- Increased flexibility and ability to meet changing market conditions
- Access to services delivered to you within your deadlines
- Save more by not investing in expensive software, technology and infrastructure
- Less dependency on in-house employees
- Improvement in internal management
- Higher quality of products and services
- Greater security, confidentiality and business continuity
Do you know of any other reasons why companies choose to outsource? If so, please leave a comment.
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jacobwilliam
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