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Top 10 Reasons why you should Outsource

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  • Top 10 Reasons why you should Outsource

    With the economy driving towards globalization, many companies are hard bound to gain a competitive advantage by cutting their costs, optimizing efficiency, and great customer service. So how do you go about doing that in a limited time? If you are looking for a one-word answer then offshore development or outsourcing is your gateway to success. Outsourcing software development has proven to be a great success for many companies worldwide. Globalization is forcing a lot of company’s to constantly improve their competitive edge. Outsourcing will reduce your internal costs while allowing your company to focus on its core competencies. In a fast moving technological world, it is unlikely that your company will be able to design a whole spectrum of technical software. So it is wise to outsource some of your functions while keeping intact your business processes.

    Offshore development makes perfect sense for a strategic approach for your business. Outsourcing will help you conduct a cost effective business by decreasing your payroll. It will help your company give a more specific oriented task to your executive employees. So what are the top reasons why outsourcing makes sense?.

    1. Cost Savings: Outsourcing makes sense for cutting costs while reducing workload on the employee. Outsourced labor may cost 90% less than the same labor performed in-house in Western Europe or North America, particularly for low-level tasks. You won’t need to make any upfront investment, which makes development projects much more attractive.
    2. Time Savings: Software development takes less time when people are working on your applications around the clock, so you can get your product to market more quickly than your competitors can.

    3. Lack of in house experience: When the internal resources of the company are not enough to globalize the company’s business, Outsourcing software development will bring new dimensions to manage a business worldwide. Business applications will be more sound and systematic for an overall performance.

    4. Flexibility: When you outsource, you don’t have to spend time recruiting, hiring, training, and housing employees for short-term projects.

    5. Talented IT Professionals: You’ll have immediate access to some of the best and brightest information-technology professionals by going overseas and bypassing the gaps in hiring pools in more developed countries.

    6. Focused Strategy: Outsourcing software development would streamline business processes. It will provide a focused strategy to have a competitive advantage in the technological race.
    7. Improved Compliance: Outsourcing software development would create an automated compliance system that will reduce human follow-ups in business processes.

    8. Enhanced Accuracy: Offshore development will improve work accuracy in terms of given deadlines on a project. Defined software will deliver accurate results in less turn around time.

    9. Technological Advances: Technology is evolving in different countries of the world. Companies thriving to gain competitive advantage are better off outsourcing software development. For technological prowess.

    10. Risk Mitigation: You can mitigate risks by choosing an outsourcing firm that has a high-quality project management system and a tried-and-true process for developing applications.
    Several functions can be outsourced by a company in different departments. From management training to payroll software, outsourcing takes care of it all. Offshore development has become a giant industry with more to come. Website development & web design are increasingly outsourced by almost all companies for better maintenance and timely upgrades. Outsourcing software development is now the key to a company’s success. It is the best solution in the age of globalization and technological advances.

    Offshore development makes a lot of sense in order to maximize your profits in a small amount of time.
    Angelo Brian Cartagena

    TeamSpan Global Solutions
    Direct Line: 1.203.659.4778

    Visit us at: www.teamspan.com

  • #2
    Re: Top 10 Reasons why you should Outsource

    Here are some questions to ask yourself whether you should outsource or not:
    1. Is this activity/project a core process (what your company does as a business)?
    2. Are specialized skills needed?
    3. What is the duration?
    4. Will confidential/proprietary information be disclosed?
    5. Will the project result in new skills necessary for the ongoing business?
    6. Could the project terminate early due to budgets/ other priorities?
    7. Do I have the staff now or would I need to hire them?
    8. Do I want close management of day-to-day activities?
    OSHAcampus.com

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    • #3
      Re: Top 10 Reasons why you should Outsource

      Go for it when you think:
      *You do not have time to invest on it
      *When you analyse outsourcing it would be much cheaper
      *When your core business it not into it
      Bangalore Hotels |Hotels in Bangalore

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      • #4
        Re: Top 10 Reasons why you should Outsource

        Outsourcing to countries such as India, Phillipine can give you access to cost-effective services. The same services with the same level of quality are offered for a much lower cost! This cost-advantage has increased the number of services that are being offered to India.
        Indianapolis Accounting

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        • #5
          Re: Top 10 Reasons why you should Outsource

          Outsourcing can be a great way to go to handle projects and tasks taht don't require full time support and where you want to manage your costs. However the challenge is often finding qualified outsourcing companies that can do what they say they can do. I've used 4 or 5. Some have been successfu, others less so. You have to make sure when you assign a task that a) they really really really understand what you want and b) have the ability to do what you want and c) you actually know what you want. If any of these pieces is missing disaster is sure to be the result.

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          • #6
            Re: Top 10 Reasons why you should Outsource

            A hotly debated topic with pros and cons, both outsourcing as well as offshoring have a direct impact on a company’s top and bottom line and have become key components of defining how successful enterprises are run. Given below, as reflected by companies, are the top 10 reasons to outsource:
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            • #7
              This topic is always discussed whenever i visit some of the forums i always participate in. Almost all of the reasons are already stated and discussed here on why they should outsource some of their tasks or jobs. Outsourcing is inevitable because companies gains from them and it really helps their day to day business operation. Providers of bpo services are more cheaper when it comes to labour, they can save time and efforts because they will not hire and train staffs anymore. They can just outsource it and let the outsourcing companies do their job.
              Last edited by yazminbarajas; 11-02-2015, 07:35 PM.

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              • #8
                Outsourcing simple tasks is essential to make your business grow in most situations.

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                • #9
                  You can outsource supportive services or jobs - this should be less expensive as compared with your own costs. But if you want to outsource your core functions, it may be a great mistake.
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                  Last edited by Lindi; 01-11-2016, 08:00 AM.
                  Best Regards,
                  Lindi

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                  • #10
                    Some professional service companies thrive on outsourcing because of the many benefits it brings them. But among the main reasons why many professional firms continue to do this is the cost aspect of it. Being able to cut overheads is very important means the companies get to keep more money.

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