What is Outsourcing | Outsourcing Definition | Ways to Outsource

The term outsourcing refers to the contracting out of a business process to an external provider. This is often referred to as Business Process Outsourcing ... WHATISOUTSOURCING? OUTSOURCINGALLOWSCOMPANIESACCESS TOBESTPRACTICESANDENABLESTHEM TOFOCUSONTHEIRCOREBUSINESS OUTSOURCING PleaseContactUsforaFreeConsultation Thetermoutsourcingreferstothecontractingoutofabusinessprocesstoanexternalprovider.ThisisoftenreferredtoasBusinessProcessOutsourcingorBPO.Whenbusinessesoutsourcetosuppliersoutsideoftheirowncountry,itisoftenreferredtoasoffshoring,oroffshoreoutsourcing.Virtuallyanyconceivablebusinesspracticecanbeoutsourcedforanynumberofreasons. Offshoreoutsourcingisa$76billiondollarperyearindustryworldwide.Whileoutsourcinggrowthforlargecompanieshasbeguntoleveloff,outsourcingbysmalltomediumsizedbusinessescontinuestogrowdramaticallyduetotechnologyadvancementssuchasVOIP,whichhavebroughtdowncosts;aswellasincreasedunderstandingofthebenefitsoutsourcingofferstoorganizationsofanysize. 5WaystoOutsource StaffLeasing UnderourStaffLeasingmodel,youengageustohirestafftoworkwithyouasiftheywereinyourhomeoffice.Werecruitthestaffonyourbehalfandtoyourspecsandyouhavethefinalsayonallhires.AtSourcefitthereisnoobligationuntilyou’vefoundstaffthatperfectlyfityourneeds.ThestaffworkfromourofficesinManilaandweprovideallinfrastructureandHRsupportforonelowfee.Youhavetheoptionofmanagingyourstaffdirectlyorhavingusprovideprojectmanagementforyou. FunctionOutsourcing TheFunctionOutsourcingmodelallowsyoutobreakoffaparticulartaskandassignittous,similartowhatmanycompanieshavebeendoingwithpayrollforyears.Thismodelworksbestforcompartmentalizedresponsibilitiesthatcanbegroupedindividuallyandrequirelittlecollaborationwithotherinternalfunctions.Popularfunctionstooutsourcearesupportrelated,suchashelpdesksupport,desksideservicesandservermaintenance.Forexample,employee-basedservicerequestsaredispatchedtotheoutsourcedteamtohandletheproblem,freeingyourinternalITstafftofocusonmorecriticalcompanyissues.Billingforthismodelisnormallyoutputortimebased.Savingsaregenerallyrealizedbecausethetaskiscompletedmoreefficiently;servicelevelagreementscanbeassured;in-housestaffandsupervisorsarefreedtofocusoncoreresponsibilities;andthesoftcostssuchasretention/hiringandbenefitsthatyou’dneedtopayafull-timeemployeeareeliminated. Project/ManagedSolutions Anyengagementthathasadefineddeliverableandasetstartandendpointisaprojectthatcanbeassignedtous.Suchaprojectmayencompassskillsetsyourdepartmentmaybelacking,orthatyousimplydon’thavethemanpowertoaccomplishwhilestillhandlingcoreresponsibilities.Agoodexampleisastandarddesktopupgrade;completingthetaskcreatesatemporaryspikeindemandforyourITdepartment,buthiringadditionalfull-timestaffdoesn’tmakefiscalsense.ImplementingtheProjectOutsourcingmodelgetsthejobdonequicklyandeliminatesanyongoingcostsyou’dincurifyouhadtohireadditionalfulltimestaff.Otherexamplesmightbewebsites,customerserviceforseasonalpromotionsorcampaigns,orapplicationdevelopment. CaptiveServices&ManagedEntities UnderthissystemyouwillcreateyourowncorporateentityinPhilippines—orajointventure—andwewillguideyouthroughtheprocessofincorporationandalsomanageall(orselected)aspectsofyourset-upandoperations.Ourflexibleapproachallowsyoutocreateastrategythatperfectlysuitsyourcorporaterequirements. SmallBusinessPacks Sourcefithascreatedanewprogramforsmallerbusinessesthatdon’trequireafull-timestafferinanyonespecialization,butratherneedasuiteofservicesonanon-goingbasis,suchasonlinemarketing,graphicdesign,anddataentry.SmallBusinessPacksarecustomizableservicepackagesthatdeliveranentireteamofspecialistsforonelowmonthlyfee.WithSmallBusinessPacks,smallbusinessownerscannowhaveadedicatedstaffofhighlytrainedprofessionalsworkingtogrowtheirbusinessforapricethatfitswithinanybudget.Eachofyourteammemberswillbeassignedtoyouraccountonacontinuingbasissotheygettoknowyouandyourbusiness.Ouraimisforyoutofeeltheyareaseamlessextensionofyourhomeoffice. >>BenefitsofOutsourcing Quicklinks WhyUs Services OutsourcingInfo OutsourcingBlog OutsourcingNews ContactUs Specializations Marketing&CustomerSupport BackOfficeSupport ICT&CreativeServices MedicalBilling ITSupport OtherIndustries Contacts [email protected] U.S./International:+18083774547 Philippines:+63284702484 U.S.TollFree:+18884338801 UK/Europe:+442033189847 Australia:+61863652831 21stFloor,CyberOneBldg, EastwoodCyberpark, 1110Bagumbayan,QuezonCity MetroManila,Philippines FAQ SITEMAP PRIVACYPOLICY TERMSOFUSE Copyright@2022,SOURCEFIT.Allrightsreserved. Weusecookiestoofferyouabetterexperience.Findoutmorebyclicking"PrivacyPolicy". PrivacyPolicy IAgree Whenyouvisitanywebsite,itmaystoreorretrieveinformationthroughyourbrowser,usuallyintheformofcookies.Sincewerespectyourrighttoprivacy,youcanchoosenottopermitdatacollection.However,notallowingitmayimpactyourexperienceandwhatweareabletoofferyou. PrivacyPolicy YoureadandagreedtoourPrivacyPolicy