A Glance at Different Types of Priority Outsourcing Services
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More chaptersBusiness process outsourcing (BPO) has been around for many years, but it wasn’t until the recent years that it became a global phenomenon. Most businesses today outsource some business tasks or processes. This strategy has soon become an essential strategy for staying competitive in the fast-paced world without worrying about costly overhead or staff shortages.
Today, we are about to dive into priority outsourcing to deeply understand its concept, types, and benefits. Trust us; it will benefit your informed decision, so read on.
Priority Outsourcing Services Explained
What is ‘priority outsourcing service’ all about? By nature, priority outsourcing services are simply a strategy in which a business hands over its responsibility of managing specific functions or operational tasks to a third-party company, teams, or experts other than the in-house staff. Priority underscores the involvement of critical or time-sensitive tasks that require specialized expertise, stringent quality standards, and dedicated attention from the service provider.
The level of importance given to the outsource tasks is what sets priority outsourcing apart from general BPO services. Usually, businesses delegate non-core functions to external parties to make valuable time for other value-added activities. On the other hand, priority outsourcing is entrusted with the critical business aspects and strategic initiatives that create a direct impact on the company’s bottom line.
A Few Common Types of Priority Outsourcing Services
As a result of the nuances in business goals and needs, priority outsourcing services come in various forms, each with a unique set of services and delivery models. Business owners can decide the level of involvement and control they want for the outsourced functions (of any type) to drive growth.
Customer Service & Technical Support
This is an all-time popular type. When a company faces the unwieldiness of handling customer and technical support, they usually turn to outsourcing for immediate aid.
Service providers will take over the tasks and arrange specialized agents to resolve queries, troubleshoot problems, or provide assistance to customers on behalf of the company. Such outsourcing services often involve a blend of communication channels, such as calls, emails, live chat support, and social media management.
Accounting & Bookkeeping
Not every business has a dedicated accounting or finance department, especially startups. And those without one can opt for outsourcing services in which financial and administrative tasks are handled with care and professionalism. The service providers can assist with budget management, payroll processing, tax preparation, and financial reporting.
Human Resources (HR)
When an organization or a company undergoes business growth, it is indeed a good sign. However, it also means increasing pressure on the HR team/department.
At this juncture, you can use a helping hand. HR functions, such as recruitment, training and development, payroll, and benefit administration, can be outsourced to ease the burden and free up HR staff for more core activities. This is particularly true in tech-related industries, where talent acquisition requires sophisticated sourcing and screening methods. IT staffing services are trusted by lots of clients in the tech industry.
Information Technology & Software Development
Nowadays, it is becoming commonplace for businesses to entrust their IT and software development needs to intermediary companies. It could simply be designing and building a website or creating custom software solutions for transportation companies, for example. For businesses that are not tech-savvy, outsourcing is nothing else but a savior.
The demand varies for each client, project, or company. Some can delegate the maintenance or support of their existing IT infrastructure to outsourcing companies. Others may partner with them for a dedicated team that works exclusively on your software development tasks or manages complex data.
The bottom line is to get the tech-related jobs done outside of the company and to stay competitive in a market driven by advanced technologies without investing much in-house.
Marketing & Advertising
Digital marketing and ads are the new norm in today’s business market. In fact, not every business is a good marketer or advertiser. They can be proficient in production or services yet bad at reaching out to potential customers, boosting brand awareness, and increasing sales.
That’s why they need to work with agencies that have a strong command of the digital market and strategies to get businesses the innovation and growth they expect from marketing and advertising. The marketing activities you can consider outsourcing are many, ranging from email marketing, content creation, and social media marketing to data analytics and PR.
Data Entry & Processing
In a data-driven world, businesses are bound to handle a large amount of data almost every day. By leveraging valuable insights and patterns in data, companies can pave the way for business growth.
Nonetheless, data entry and processing are no easy tasks. Oftentimes, business owners and entrepreneurs ask for support from professional service providers to ensure their data is organized, accurate, and ready for analysis. In most cases, outsourcing these tasks is more efficient and cost-effective than handling them in-house.
Other than the priority outsourcing types mentioned above, there are still many different services that businesses across industries can take advantage of, like legal and compliance, logistics, supply chain management, security, and facility management.
Benefits of Dedicated Outsourcing Services in Business Operations
Now, let’s go through some advantages you can gain when outsourcing.
Reduce Costs
In a practical sense, outsourcing can be considered the most cost-effective solution.
Businesses cut costs on recruitment, training, and benefit expenses for full-time employees. Instead, they only need to pay to get the job done without being concerned about other responsibilities or investments. This is indeed the key to keeping businesses’ budgets lean.
Moreover, in the tech industry, establishing offshore development centers or hiring remote developers can save you a bunch of money thanks to the cost disparity between one place and another.
Access Specialized Expertise
Many and many more companies acknowledge that outsourcing helps them resolve the issues of skill gaps and expertise limitations.
Companies without qualified talent can partner with a service vendor who already has the technology, tools, and skilled resources available to fill in the blanks. Business owners like you can also scale or shrink resources as needed without worrying about affecting the quality and expertise level.
Optimize Operations
In short, outsourcing offloads the internal teams of one company, enabling them to prioritize what they should do and what they do better rather than being stuck with menial tasks. This results in the optimization of internal resources.
Focus on Core Activities
But that’s not all. The delegation of non-core or less important tasks to external experts helps to manage productivity better, improve efficiency, and enhance the quality of results. You can rest easy knowing that the assigned tasks are in good hands and that you are fully focused on what your company stands for.
Gain a Competitive Edge
Priority outsourcing brings forth a set of benefits. Of course, those who choose to outsource stand a better opportunity against their competitors, particularly those who don’t.
With the assistance of an extended hand, businesses of different sizes and shapes can invest more wisely and work more smartly and efficiently.
In the case of expanding business scale, outsourcing is a shortcut to supplementing your existing resources without generating more burdens or breaking the bank.
Find a Competent Partner, Find Orient Software
We are a leading software development outsourcing company, and we are here to help you. At Orient, we have a team of handpicked talent and experts whose expertise and experience can serve your project well.
Custom software development is our forte, and we can commit to nothing less than quality and success. In addition, we provide a range of other outsourcing services, such as QA testing and UI/UX design, to name a few.
If you are searching for a capable partner for your upcoming software development project, you have come to the right place. Schedule a meeting with our experts today for a detailed discussion.