Outsourcing of non-core business activity has become one of the most preferred ways to reduce cost and tap pool of skilled professionals from around the world. This generally results in cost saving of at least 40-50% and gives a tremendous competitive advantage to your organization.
This model has worked very successfully and is based on trust and confidence on each other. To make sure that there is no communication gap, we normally sign a Service Level Agreement (SLA), which will define metrics for:
- Scope of Service
- Quality
- Turnaround Time
- Confidentiality
- Non-Compete
- Price
- Payment Terms and methods
Advantages of Outsourcing:
- Cost savings of at least 40-50% due to Economies of Scale.
- Reduces your firms risk exposure to changing technology or buyer preferences.
- Reduces risk of over / under staffing as fluctuations in headcount resulting from peaks and valleys in demand are minimized.
- High speed and low cost of Telecommunications.
- Use of Internet as a global communication medium.
- On Line operations possible from any location.
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