Companies of all sizes struggle with escalating costs of full-time employees. Hidden behind paychecks are less visible costs. Not often considered in the decision to outsource include: hiring, training, administration, benefits, absenteeism, workspace and equipment. By some estimates, employee expenses account for up to 70% of a company’s overall revenue. In addition to providing sizable financial advantages, outsourcing’s other advantages are:
Expertise: Harness the talent technology and expertise of niche providers and leverage best practices. Expert sources who might carry too large a price tag to employ full-time, can fit into nearly any budget on a project-by-project or as needed basis.
Management: Focus on the core aspects of your business and leave the worries of non-core activities to someone else without having to commit additional managers or your time to manage a project. Outsourcing companies have their own management.
Personnel Flexibility: Hire specialists without being obligated to keep them on when they are not needed. It is easier to terminate an outsourced relationship than to layoff full-time personnel.
Capital Conservation: Concentrate financial resources on core business activities vs. investing capital in overhead, such as: office space, computers, etc.
Time Savings: Don’t reinvent the wheel. Someone somewhere has done it before or developed an easy solution – why not use it?
Following are the areas where we can help you: 1. Payroll 2. Accounting 3. Procurement 4. Data Archiving Solutions 5. IT Services 6. Logistics 7. Legal Services