What Business Processes can your Company Outsource
When companies like Uber and Airbnb launched their services, they didn’t own any property or vehicle, yet they provided accommodation and transportation solutions to millions of people worldwide. Those founders, besides providing win-win situations to everyone involved, have also changed traditional, often outdated, business models. While they are outsourcing services and labor at the same time, hundreds of thousands of innovative companies around the world outsource their business processes.
It is smarter to scale and grow your company while delegating tedious business processes to experienced companies rather than trying to build in-house excellence for various skills. Outsourcing provides the commodity of accessing talent at a click of a finger. It reduces time and effort spend on continuous recruiting, training, and losing top performers to competitions. It hurts a company’s finances and team spirit.
In order to save all these costs and scale your company, you need to know what business processes can be outsourced.
Data Entry Services
This category includes all of the following data and even more:
Billing and Invoice
Email mining and customized list-making
YellowPages and WhitePages
Sales Contacts and Prospects
Microsoft Office Data and Content Entry (PowerPoint, Excel, Word, Visio & Pdf)
Software and Application
Online and Offline
Web Development, hosting
Mobile apps/Software solutions
Database management/help desk
Benefits Administration and remuneration
Document drafting, production, and review
Risk and compliance services
Intellectual property services
Finance and accounting functions