Why outsourcing?
In order to achieve economy and high quality, the efficient organizations are increasingly outsourcing part of their functions to specialized consulting organizations. Outsourcing is a contractual agreement whereby an organization hands over control of part or all of the functions of the any department(s) to an external party
- A desire to focus on core activities.
- Pressure on profit margins.
- Increasing competition that demands cost savings
- Flexibility with respect to both organization and structure.
- What advantages you get by outsourcing?
- Commercial outsourcing companies can achieve economies of scale through the deployment of reusable component software.
- Outsourcing vendors are likely to be able to devote more time and focus more effectively and efficiently on a given project than in-house staff.
- Outsourcing vendors are likely to have more experience with a wider array of problems issues and techniques than in-house staff.
- The act of developing specifications and contractual agreements for outsourcing services is likely to result in better specification than if developed only by and for in-house staff.
- As vendors are highly sensitive to time-consuming diversions and changes, feature creep is substantially less with outsourcing vendors.
At Backup Innovators, we provide business process outsourcing (BPO) services in the following areas:
- Accounting
- Off-shore data entry
- Financial reporting & analysis
- Financial systems design & development
- Payroll processing and entry
- Taxation
- Web developments
- Database Application development
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