In today’s competitive market, outsourcing is an effective way to reduce human resource costs, increase productivity, and expand company capabilities without sacrificing quality.
By supplementing and supporting an existing workforce, businesses can reduce costs, free up time and resources, and use the capital for growth. In this article, we will discuss the top 10 most commonly outsourced services for businesses.
Outsourcing IT Services to Reduce Labor Costs
IT services, including computer programming, are among the most outsourced jobs to countries like India, where competitive software developers, computer programmers, and IT analysts charge lower costs than average wages in Australia and the US. The time difference is minimal, and video streaming services make communication easy. Microsoft, Dell, and IBM have outsourced operations with a 40% cost reduction and high-quality output.
Delegating Pre-Employment Screening to Save Time and Money
Employment history checks reduce the chance of biased or uninformed hiring decisions. Making such mistakes is costly and time-consuming. Outsourcing HR services can help companies minimize this risk and cut costs.
Professional Drafting Services for Precise Project Planning
Drafters create precise plans for projects using specifications and sketches of the original idea. Architects, scientists, and engineers employ professional drafters to help execute their best-laid ideas. While drafting is a necessary task, it can be readily delegated with the right communication techniques in place.
Professional Drafting Services for Precise Project Planning
BPOs, including filling out healthcare paperwork and completing financial transactions, are among the most popular job functions for outsourcing, aside from call centers. Offshoring these employment functions allows companies to cut costs dramatically.
Outsourcing Customer Service for 24/7 Availability and Improved Satisfaction
Customer service positions are being outsourced to other countries to lower operating expenses and take advantage of the time difference by enabling businesses to offer 24-hour customer service. Outsourcing can improve customer satisfaction as clients won’t have to wait until regular business hours to see an expert.
Offshoring Tax Preparation for Cost Savings and Efficiency
This job requires detailed information about the client’s financial situation and in-depth knowledge of the applicable tax laws. While governments are requiring businesses to notify customers if their taxes are being completed overseas in an effort to keep jobs in the country, more businesses are offshoring tax preparers.
Utilizing Highly Skilled Professionals for Global Research
Global corporations are using highly skilled professionals from other countries to conduct research in English-speaking developing countries to reduce operating costs. Microsoft spent $100 million to build a research center in China that employed 1,500 staff, and more companies are following this outsourced jobs strategy.
Outsourcing Content Creation for Media Publications and Business Needs
Media publications are relying on writers from other countries to produce high-quality content at a fraction of the cost. Outsourced jobs include writing company reports, blog posts, SEO content, and movie scripts.
Virtual Assistants for Small Business Owners and Startup Support
Small start-up business owners may not be able to afford in-person assistants. Virtual assistants can provide their services online, making it especially useful during a company’s launch when phone calls and emails from potential clients are expected. Business owners can focus on growing the company rather than answering emails, booking flights and hotels, and filing mundane paperwork.
Cost-Effective Graphic Design Services for Businesses.
Graphic design work does not usually involve customer interaction, making it easy to outsource. Off-site staff can easily complete tasks such as upgrading your brand logo, designing your website, and creating marketing materials.
In conclusion, outsourcing has become a game-changer for businesses to be more competitive and flourish in an ever-changing and challenging market. Companies can save money, increase productivity, and focus on growth by outsourcing these top 10 commonly outsourced services.
Kennedia Consulting specializes in providing solutions to every business need, our clients become not just clients, but a part of a family that grows. We leverage the network of professionals we have built and the level of professionalism that we have, to ensure that you find solutions to your business needs.
if you want to get started outsourcing and business growth, reach out to us.
