What is Outsourcing?
By Ejaz Shah — 21st October 2020
What is Outsourcing?
In simple terms outsourcing is when a company hires a third party to perform certain tasks. We have seen examples of this in the banking trade, where several large companies have transferred their Customer Services departments overseas to an outsourcing company. These tasks which would have been conducted inhouse, would then be performed by the third party.
A company can decide to outsource any part of their business. The most common are the repetitive tasks such as call taking or admin work, however, you can have outsourcing companies that provide full HR departments, web development and lone worker support.
New Era OS is one of these companies, we can undertake almost any task, please take a look around our website for more details.
Why do companies Outsource?
Majority of the time companies outsource to save money, however there are many other reasons too. Outsourcing a repetitive task enables a company to concentrate on more important issues whilst ensuring their core values and high standards are maintained. Space saving is another reason, you can have a team of 20 plus agents answering your phones, but your office does not need to be extended to house them as it is all outsourced. Finally, sometimes it is better to let a company who specialises in that certain field to deal with that certain task, that way you know you have professionals and experts in that field handling your work.
How does Outsourcing work?
If done correctly and with the right outsourcing company, outsourcing can work very smoothly. Whole departments could be based overseas, however, the efficient communication can make it seem like the department is still inhouse. To get it up and running is very simple:
How does Outsourcing work?
If done correctly and with the right outsourcing company, outsourcing can work very smoothly. Whole departments could be based overseas, however, the efficient communication can make it seem like the department is still inhouse. To get it up and running is very simple:
- Both companies liaise to discuss what sections of the business need to be outsourced and what the requirements and specifications are.
- The outsourcing firm, equipped with the specifications and requirements, will then train their staff up to the required standard.
- At the arranged takeover date, the outsourcing company will take over their delegated tasks, and continue to carry them out for the agreed period.
- Most firms bill monthly with some having contracted terms stipulating payment-up-front terms.
At New Era OS we are perfectionists, we have a strict policy of only taking on a new client on either a Monday or a Tuesday at the latest, for our onboarding department needs a week to collate all the requirements from the new client and relay the information to our training department. The training package for the operator is then tailored around these requirements, ensuring the operator and New Era as a whole, are delivering everything that the client requires of them.
What’s the catch?
There isn’t one.
The benefits of outsourcing are endless. Cost-saving, timesaving, space-saving, are just a few of the key benefits of outsourcing. However, it is imperative to find the right outsourcing company, the best way to do this is to take the time to get to know the individuals behind the company. With the right company behind you, you can take your business from just surviving to expanding.
There isn’t one.
The benefits of outsourcing are endless. Cost-saving, timesaving, space-saving, are just a few of the key benefits of outsourcing. However, it is imperative to find the right outsourcing company, the best way to do this is to take the time to get to know the individuals behind the company. With the right company behind you, you can take your business from just surviving to expanding.
At New Era OS, I personally take time out to meet/discuss matters with any new company we are taking onboard. Building strong, longstanding, relationships is very important to me. If there are any further questions you have, or you just want to discuss Outsourcing further with me, get in touch and I will personally take the time out to go through matters with you.