There are many reasons to determing if outsourcing is right for you:
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Reduce and control operating costs
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Reduce and control benefit costs
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Effective alternative to temporary agencies and recruitment services
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Improve company focus
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Gain access to world-class capabilities
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Free internal resources for other purposes
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Accelerate re-engineering benefits
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A function is time-consuming to manage or is out of control
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Insufficient resources are available internally
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Share risks
Contracting out (outsourcing) offers flexibility in tough economic
times. As the economy tightens, business
players are figuring out ways to manage company growth with less infrastructure, reports a new Dun & Bradstreet
Barometer study.
As we find, the trend
is playing out in boardrooms across the country. Executives are discussing options/solutions for outsourcing such
processes as marketing and accounting - processes that are necessary but aren't the company's core product.
In the early days, cost or headcount reduction
were the most common reasons to outsource, in today's world is is the drivers who are often more strategic, and focus
on carrying out core value-adding activities in-house where an organization can best utilize its core competencies.
Focus on Core Competencies
Whats the number-one reason for outsourcing? Enabling your firm to focus on its core competencies,
by outsourcing those tasks that will allow the firm to focus on the areas in which it excels. Every company performs
certain functions well. But functions falling outside your firms area of expertise waste time and drain your resources.
Outsourcing the right functions gives your company the best return on investment.
