COG-Resourcing Company Ltd is a leading provider of HR solutions, specializing in helping organizations achieve real competitive advantages through effective human resource management. With expertise across a wide range of HR activities and initiatives, we offer tailored programs to meet the unique needs of each organization. Our focus on long-term strategic partnerships allows us to deliver best-in-class solutions while prioritizing the needs of our clients and candidates

What is outsourcing?

Outsourcing is the process where a business delegates certain non-core business process activities to a third party.

The third party can be dedicated outsourcing companies from your home (onshoring), a foreign country (offshoring), or individual freelancers.

So what’s offshoring?

Outsourcing software development, marketing, and other business process activities to another country are called offshoring. While you can outsource to companies within your country (onshore), most companies prefer to outsource to other low-cost countries.

Why?

Because they usually have lower costs and salaries – which helps you save more money!

What work can you outsource?

Ideally, you should only outsource non-core business process activities.

Non-core work is any activity that your business doesn’t necessarily specialize in.

For example, social media marketing or human resource management is not a core business activity for a company focused on front-end mobile app development.

Sure, it’s important – but it’s not what the company focuses on.

4 amazing benefits of outsourcing work

There are tons of benefits to outsourcing your non-core tasks, Here’s a closer look at them:

D. Easy to scale up

When your business grows, there are tons of additional costs you’ll have to take care of.

These can range from:

Leasing larger offices

Hiring more employees

Investing in more equipment

And so on!

When you outsource, you can bypass a lot of these additional costs for the time being, as most outsourcing companies handle all of this themselves.

This way, you can continue growing without worrying about the associated costs holding you back initially.

A. Reduced costs

One of the biggest reasons why companies opt to outsource their service is to reduce costs, How?

When you hire an outsourced team, you don’t have to invest in training and setup costs.

These outsourced teams usually consist of skilled professionals with the right equipment to expertly handle your work from the get-go.

What’s more?

You can save on salary costs by outsourcing to countries with lower salaries, such as the Philippines, Ukraine, Poland, or India.

B. Keep your businesses running 24/7

Keeping your business running around the clock will cost a lot of money,

right?

To ensure your business runs 24 hours a day, you’ll probably have to

cover the wages of 3 shifts of employees! So how does

outsourcing help you, Outsourcing can help

you easily keep your business running

around the clock at a fraction of the cost.

Additionally, as your outsourced team is based in

a country with lower salaries, you’ll save tons of money!

This can help you maintain 24×7 service channels to cater to clients

and customers round the clock.

C. Greater Flexibility:

Outsourcing allows businesses to quickly scale up or down their operations depending on project needs without the need to hire and train large numbers of employees.

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