Benefits of Outsourcing

20 reasons why outsourcing makes business sense

When you consider the advantages of outsourcing, you'll realize there's a lot to gain by using it as an intrinsic part of your business strategy.

Typically, organizations can expect to realize the following benefits from a strategic outsourcing initiative:

1. Reduce overheads, free up resources.
2. Avoid capital expenditure.
3. Improve efficiency.
4. Offload non-core functions.
5. Get access to specialized skills.
6. Save on manpower and training costs.
7. Reduce operating costs .
8. Improve speed and service.
9. Establish long-term, strategic relationships with world-class service providers to gain a competitive edge.
10. Enhance tactical and strategic advantages.
11. Focus on strategic thinking, process reengineering and managing trading partner relationships.
12. Spread your risks.
13. Provide the best quality services, products and people.
14. Be reliable and innovative.
15. Provide value-added services.
16. Increase customer satisfaction.
17. Avoid the cost of chasing technology.
18. Leverage the provider's extensive investments in technology, methodologies and people.
19. Benefit from the provider's expertise in solving problems for a variety of clients with similar requirements.
20. Obtain needed project management and implementation consulting expertise, along with access to best practices and proven methodologies.