At its most basic level, Offshoring is the concept of running a business without having employees on your premises. Offshoring can help to save money and time while still getting excellent quality in terms of work output. Offshoring has been popular for years in order to take advantage of cheap labor from developing countries and outsourcing tasks that are repetitive or administrative.
There are a lot of departments that you can outsource other than sales and customer service. You may not even realize it! Let's take a look at the six different departments you could be outsourcing:
Finance and Accounting
The outsourcing of accounting tasks has become a popular trend in recent years because of its efficiency and cost savings. With the rise in popularity, more remote staffing services providers have popped up to help make this process even easier for businesses by handling tasks such as bookkeeping, invoicing, accounts payable, accounts receivable, payroll, and other financial reporting needs.
Most remote staffing companies are able to handle all accounting tasks using their existing team of accountants and bookkeepers – usually with much less cost than hiring a single full-time employee dedicated to only the accounting department.
A few reasons why companies outsource IT is because they don't have the time, knowledge, or resources to manage their own in-house data center. This helps them get access to a team of experts who can support and maintain all aspects of your company's technology needs.
A lot of businesses would rather focus on what makes them money versus hiring staff for an expensive endeavor such as tech management that isn't core competency with less tangible ROI than other departments like sales, marketing, or customer service where you know if it has been successful by looking at metrics (such as revenue). Outsourcing also lets some business owners take advantage of more advanced infrastructure without having extra costs associated with building things from scratch - this way there are no missed opportunities due to poor technology. Offshoring gives small businesses access to the same kinds of resources and expertise larger companies have but at a fraction of what it would take for an in-house IT department.
You might be surprised to learn that outsourcing your marketing department has a lot of benefits. First, outsourced companies already have the capabilities necessary for implementing proven-effective strategies into their campaigns. Second, they don't even need you to provide them with resources in order to train and develop new employees; it's all at an affordable cost! Last but not least is experience: these companies know what works best because they've done many different types of promotions before--just like yours.
By outsourcing your marketing department, you can free up a lot of the time you spend on creating content and digital marketing for your website, social media, and email. These remote professionals are trained and certified to run your online marketing campaigns and save you a lot of money.
HR and Recruitment
HR and recruitment departments are typically bogged down with administrative work. Outsourcing these processes can free your staff from the monotony of running through forms time after time, which will also ensure that you're always current on HR regulations like privacy laws. There's a lot to choose from when it comes to outsourcing providers: even if only one or two tasks would be outsourced, they'll still take care of everything else for an all-inclusive price!
HR and Recruitment Departments often have tedious admin duties such as compliance checks in addition to repetitive recruiters' tasks that could easily get delegated out. For example, sourcing candidates is something many employees do daily but taking away this duty allows them more opportunities for time for more important tasks.
Legal can easily be outsourced to a provider. The good thing about doing this is that you have the assurance of knowing all your legal requirements are being done by professionals who specialize in it and therefore know what they're talking about. You no longer need to spend so much time researching or guessing, because these people already know everything there is to know on their subject matter!
Other Administrative Tasks
Other Administrative roles can also be outsourced to a provider. One of these is the position of Virtual Assistant, which functions very much like an onsite secretary. VA's are trained to do numerous tasks such as simple bookkeeping and scheduling or coordination with other people in your company for projects that require input from multiple sources.
By outsourcing administrative tasks to a remote staffing company, you're able to focus on the big picture and strategic tasks within your company.
Outsourcing remotely offers a variety of benefits such as cost savings, improved quality control, greater responsiveness, personal interaction with staff members, and more time to concentrate on other projects.
Outsourcing some of your business departments can provide you with solutions that cut costs, increase capacity, and help you scale fast. These are all things every entrepreneur needs to get their company off the ground! We know how hard it is to start a business from scratch. That’s why we offer free consultations so our team of experts can give you advice on what outsourcing strategies would work best for your industry. Request yours today by clicking here.