Outsourcing Pros & Cons

OUTSOURCINGPROS & CONS

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Businessin both private and publicsectors are struggling withunprecedented challenges

tough competition

finite resources

increasing economic uncertainty

changing consumer expectations

limited budget

market complexity

Business

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Striving for a competitive advantage and market leadership all progressive companies are looking for a sustainable business strategy to overcome these obstacles and reach business goals.

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Year after year, outsourcing is proved to be an efficient strategy to address business challenges through contracting out in-house processes to third-party outsourcing service providers, nearshore, offshore or inshore.

O UTSOURCING

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Delegating routine back-office tasks, entrepreneurs receive more time to concentrate on their core goal, stakeholder value maximization.

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Moreover, business owners choose outsourcing services as a powerful tool for businesses’ growth, productivity and cost reduction.

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Pros of Outsourcing

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Pros of Outsourcing

Fast Delivery of High QualityTrusted outsourcing providers bring to customers deep industry and functional experience, with supporting infrastructure and approaches, enabling faster speed and higher quality of product/service delivery.

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Pros of Outsourcing

Team ScalabilityVariety of outsourcing engagement models empowers customers with an exceptional flexibility, supporting their requirements to scale the team up or down according to ever-changing staffing demands.

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Pros of Outsourcing

Access to Global Skills Tapping into a global talent pool ensures a flow of fresh innovative ideas and insights for business.

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Pros of Outsourcing

Cost SavingsLower-cost geographies driven by highly skilled employees are a good choice for reducing operating expenses. Any business can benefit from global services today.

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Pros of Outsourcing

Time EfficiencyInternal staff can focus on the other mission-critical business needs while, not being concerned about routine tasks.

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Increased RevenueAll in all, outsourcing helps companies worldwide to increase revenue and gain competitive advantage of the above-mentioned Fast Delivery of High Quality, Team Scalability, Access to Global Skills, Cost Savings, and Time Efficiency.

Pros of Outsourcing

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Cons of Outsourcing

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Cons of Outsourcing

Sensitive Data ExposureTo mitigate the risks of accidental orintended data exposure, companies sign a Non-Disclosure Agreement (NDA) through which the parties agree not to reveal confidential information predefined in the document.

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Hidden CostsThe threat of hidden costs can be easily prevented by a clear and transparent outsourcing contract. Both parties should thoroughly cross-check the document since it is a prerequisite for successful cooperation.

Cons of Outsourcing

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Management Control Loss While selecting an outsourcing engagement model, companies decide whether to leave management control of outsourced processes in-house or pass it to the vendor.

Cons of Outsourcing

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Cons of Outsourcing

Language and Time Zone DifferenceSupplier selection criteria should include a time zone and language skills since they significantly contribute to productivity and communication.

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The right outsourcing provider can introduce successful productsor services, differentiated approaches, higher revenues, unparalleled experience and streamlined operations.

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However, identifying of such provider is not an easy task. It requires a comprehensive and objective assessment

of the provider’s outsourcing potential

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But at Skelia, we do know how to manage all Outsourcing Pros&Cons

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We believe that effective management is important for your high performance.

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But real collaboration goes deeper

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It is about trust and commitment

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Through long-lasting relationships we enhance our contribution by adapting outsourcing service deliverybased on rapidly changing market and business conditions.

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Skelia Global HQ20 rue de l’industrieL-8399 WindhofGrand Duchy of LuxembourgRC: B 133392VAT : LU22301469

Phone: +352 20 20 21 40

Skelia USA HQ485 Madison AvenueSuite 1300New York NY 10022USA

Phone: +1-212-7960791

Regional office in KrakowSkelia Poland LtdUl. Prądnicka 430-002 KrakówPoland

Phone: +48 123 766 542

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