The practice of having certain job functions done outside a company instead of having an in-house department or employee handle them, functions can be outsourced to either a company or an individual.
Basically Outsource means do the following tasks:
1. Website Creation/Maintenance.
2. Content Creation.
3. Video Creation.
4. Link building.
5. Graphic.
Top Outsourcing Company Of The World:
Benefits of Outsourcing
One of the main benefits of outsourcing is the fact that you can save a lot of money, this is especially true if you outsource to overseas companies or individuals. Outsourcing can help a business to increase their profits as well as their productivity. When you outsource repetitive and time consuming tasks, you can spend more time focusing on ways to expand your core business model. When you are able to spend more time on your business as opposed to wasting time on inconsequential tasks, you can really brainstorm and grow your business.
Different Kinds of Outsourcing
There are several different kinds of outsourcing, based on the nature of work outsourced. As we saw earlier, some companies tie up with service providers for narrow functions. However it is also common these days to outsource entire operations. This type of outsourcing can be placed in two broad categories, namely Information Technology Outsourcing (ITO) and Business Process Outsourcing (BPO). Business process outsourcing can again be sub divided into call centre outsourcing, human resources outsourcing (HRO), finance and accounting outsourcing and claims processing outsourcing.
When entire operations are outsourced this way, the contract can run into millions and billions of dollars. It is common for the client’s employees to be transferred to the vendor company. Companies like IBM, HP, EDS and Accenture are some of the leading service providers in the outsourcing business.
There are several different kinds of outsourcing, based on the nature of work outsourced. As we saw earlier, some companies tie up with service providers for narrow functions. However it is also common these days to outsource entire operations. This type of outsourcing can be placed in two broad categories, namely Information Technology Outsourcing (ITO) and Business Process Outsourcing (BPO). Business process outsourcing can again be sub divided into call centre outsourcing, human resources outsourcing (HRO), finance and accounting outsourcing and claims processing outsourcing.
When entire operations are outsourced this way, the contract can run into millions and billions of dollars. It is common for the client’s employees to be transferred to the vendor company. Companies like IBM, HP, EDS and Accenture are some of the leading service providers in the outsourcing business.