Types of Outsourcing Services: What You Need To Know - PowerPoint PPT Presentation

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Types of Outsourcing Services: What You Need To Know

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In recent times, many organizations have opted for the newly emerging trend of outsourcing business processes to other companies treating them as external partners for specified services in order to get a more professional and precise type of services for their organization and to reduce costs that are incurred by maintaining an in-house team. – PowerPoint PPT presentation

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Title: Types of Outsourcing Services: What You Need To Know


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Types of Outsourcing Services What You Need To
Know
  • In recent times, many organizations have opted
    for the newly emerging trend of outsourcing
    business processes to other companies treating
    them as external partners for specified services
    in order to get a more professional and precise
    type of services for their organization and to
    reduce costs that are incurred by maintaining an
    in-house team.
  • Pertinent to the widespread popularity and
    benefits that outsourcing services are bringing
    to various organizations across industries, a lot
    of outsourcing service types have come up to aid
    different processes and services.
  • In this blog, we reviewed the key types of
    outsourcing services that can help you to focus
    on the primary goals of the business. But first,
    ensure your need and get started via
    professional outsourcing services to India.
  • Types of Outsourcing Services What You Need to
    Know
  • Some of the most prominent types of outsourcing
    are shown below Have a look once.
  • Business Process Outsourcing (BPO)

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  • The most common and profitability used
    outsourcing type is business process outsourcing
    which refers to coming into contact with any
    external i.e. third party service provider for
    any particular business process.
  • Business process outsourcing (BPO) usually deals
    with the tasks of repetitive nature such as
    customer support tasks that require no specific
    or high-end knowledge. Telecommunication
    companies usually hire customer service teams to
    handle inbound and outbound telemarketing,
    calling and other technical support, many small
    businesses outsource the function of generating
    leads to outsourcing companies, and these are
    the major examples of BPO services in Delhi.
  • Professional Outsourcing

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  • The tasks that often prove to be of high
    complexity for small teams orentrepreneurs
    require professional services with additionally
    trained and highly proficient professionals to
    bring about the tasks in a diligent manner.
  • Professional outsourcing services include legal
    process outsourcing, accounting, financial
    research, staffing and recruitment services,
    market research and analysis, B2B Appointment,
    and administrator job.
  • Hiring people for this work burns a hole in the
    pocket of the organization because local hiring
    is often expensive pertinent to the scarce demand
    in this domain. Therefore, to get the work done
    organizations undertake professional outsourcing
    as it is the best option in the given situation
    set. Professional outsourcing services thereby
    let them get highly proficient personnel to work
    for the organization will not have to pay hefty
    costs for the same.
  • IT Outsourcing

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  • IT outsourcing as the name explains, is the
    outsourcing type where technology- related
    services or processes of an entire organization,
    segment, or business function, are outsourced to
    third-party service providers or outsourcing
    companies. Businesses across all industries today
    require information technology in some of the
    other segments to get their work going in a
    proficient and technically advanced manner,
    therefore, all sorts of businesses require IT
    solutions.
  • The organizations that do not have an internal
    team to support their IT requirements or those
    that do not require such services in abundance
    often move towards offshoring IT services that
    have now come up as the most common types of
    outsourcing.
  • Professional IT Outsourcing services include
    website designing and development, graphics
    designing, digital marketing, and mobile
    application development. If you are developing
    an ecommerce website or mobile application, then
    IT Outsourcing is the right fit.
  • Project Outsourcing

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  • There come times when companies are highly
    occupied with multiple projects and they have
    deployed their entire professional and
    appropriate workforce into certain projects and
    are still left with some to deal with.
  • In such scenarios when companies juggle with
    multiple projects at once, it can be tedious for
    them to maintain the quality and quantity of
    output due to lack of time and focus.
  • It is essential that the output is not
    compromised and therefore businessesoften
    outsource a project to external project
    outsourcing service providers forenhance
    business activities and lead generation. Unlike
    other outsourcing types, this type of
    outsourcing relates to a particular project or
    projects.
  • Offshore Outsourcing

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  • Offshore Outsourcing is a type of outsourcing
    that is segregated based on demography. The
    outsourcing that is done by getting into a
    contract with a service provider located in
    another country usually for encashing the
    benefits of lower labor expenses or exchange
    rates of currencies is called offshore
    outsourcing.
  • There are many countries that in comparison to
    other prominent nations require less cost to
    finish certain projects or processes as it would
    be required locally for organizations. In such
    scenarios, companies from across the world look
    for service providers from countries that
    require lesser expenses to get the work done in a
    proficient manner. Indian outsourcing companies
    are some of such prominent service providers
    that offers offshore outsourcing services and
    solutions across the UK, USA, UAE, Canada, etc.
  • Process-Specific Outsourcing

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Certain outsourcing processes that are specified
for a particular task or any internal process
are known as process-specific outsourcing. The
main reason behind the process-specific
outsourcing is that there are external service
providers who specialize in a particular service
or process and thereby extend high-end service
in that regard. This not only provides businesses
with the commendable means to cut costs but also
lets them focus on core business functionalities
while they also enjoy the benefit of
professional handling of their internal
processes. Advantages and Disadvantages of
Outsourcing Alike many other business process
strategy, outsourcing services also have their
share of advantages and disadvantage, some of
which are listed further Advantages of
Outsourcing- 1. When you go with outsourcing
services you don't have to hire employees on
your part anymore. All you have to do is pay your
contractor, communicate your requirements to the
third party and keep a regular check on the
processes. This arrangement keeps you from hiring
employees and bringing them into your company
thereby preventing additional expenditure on
everything right from training to additional
benefits.
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  • When you opt for outsourcing you are signing in
    for a larger pool of talent and expertise than
    you can employ within your in-house teams.
    Outsourcing provides grounds for accessing
    talents from different parts of the world
    through personnel who specialize in particular
    domains while also holding commendable
    experience.
  • The most important benefit of outsourcing comes
    from labor costs. Companies usually look for
    third-party service providers located in
    countries
  • where labor costs are low and also the exchange
    rate is lower than their currency. This helps
    them in encashing an additional benefit.
  • Disadvantages of Outsourcing-
  • Even though you can keep an eye on the
    third-party service provider and check for the
    efficiency of services you will still lack the
    kind of control that you can have on in-house
    teams.
  • You might many times face communication issues
    due to differences in time zones, the preferred
    method of communication, and the absence of
    reliable internet connection.
  • In some cases, the quality provided by
    outsourcing companies comes out to
  • be substandard to what the organizations expect.
  • Why Should You Choose India for Outsourcing?
  • With the wide array of service providers
    available for handling outsourcing services to
    India, there are several benefits that
    international organizations can avail by
    partnering with the outsourcing company in India.
    Right from lower labor costs to the commendable
    percentage of English speaking population in
    India, Indian outsourcing companies will cater
    to all your requirements right from BPO call
    center, KPO, and other outsourcing services
    flawlessly.
  • You can also get additional benefits from the
    exchange rate difference that the currency of
    many European countries has with that of Indian
    currency.
  • When it comes to hiring an outsourcing company in
    India then you must go for DK Business Patron.
    It is one of the top leading outsourcing company
    in Delhi, India from the last 7 years. It
    offers BPO Services, KPO Services, LPO Services,
    IT service and solutions, and lots more.

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