Benefits_of_Outsourcing


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What is Benefits of Outsourcing?

Benefits of outsourcing is a process of contracting a business function to specialized agencies, firms organisation. It is a contract between an organization and a specialized agency to performsome task on behalf of the organization. It include the Cost Reduction, Quality Of a Product,Man Power available at lower Cost, Reduce Investment, Efficiency and Effectiveness.

Benefits of Outsourcing includes the following :-

Enables business to concentrate on core business activities.
Use of manpower for more important functions.
Investment in fixed assets reduced/minimized.
Substantial Savings in Cost.
Services of experts made available.
Improved Internal Controls
Enhanced reporting capabilities to provide more timely and accurate financial data.
Off-site Backup of Data.

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What is Benefits of Outsourcing?

Benefits of Outsourcing includes the following :-

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