Outsourcing business functions has become one of the go-to moves for global businesses over the last few decades. With countries like India progressing a lot in their capability to cater to the needs of international organisations, the amount of work that is outsourced has increased rapidly, especially in the software programming industries.
If you’re looking to establish a successful business today, especially with the new COVID-19 rules in mind, you should consider outsourcing business functions such as HR, payroll, IT and software development, etc. Want to know the benefits of such a move? Read on to find out:
1. You Get to Focus on the Core of the Business
In an age where every industry faces tremendous competition, the best way to stand out and market successfully to a global consumer base is to have better products and services than the competition. However, for that to work, every department in the organisation has to be working with the core product in mind.
When an organisation focuses its energy on supportive business functions instead of the core, it might miss out on coming up with something truly innovative that could help the business thrive for years to come.
Hence, outsourcing functions such as IT development can help an organization direct all of its employees towards the core function while still ensuring that the other tasks are being taken care of.
2. Lower Costs
There’s a reason why many companies are outsourcing to developing countries: it allows them to get excellent services for a fraction of the cost that they would be paying in their home country.
Additionally, just as with the concept of bulk purchasing, handing off certain tasks to a company already handling work for other organisations means that they would be able to get it done for a lower cost since they already have a system in place.
The savings can then go towards investments in the business and improving the processes already in place.
3. Access to More Talent
Sometimes the best tool a business can have is diversity. It allows the organisation to have ideas that its competitors may not be able to come up with, and it may have ideas that can only come from people with a different thought processes.
Outsourcing allows an organisation to hire people from countries that it may not have had a presence in before. A hiring pool that extends worldwide can work with employees with newer ideas, different specialties, and unique skillsets.
In such a saturated market, all businesses must look for new and innovative ideas, and working with people who have a fresh mindset is the best way to do that.
4. More Flexibility
If a business is lucky enough to be in a position where it’s seeing explosive growth, it’ll also need to increase its staff drastically to match its new demand. In such a situation, it can get very difficult to recruit new employees the typical way, especially if the organization hires a software development team, which requires high-level expertise.
But when working with offshoring services for outsourcing, an organisation can demand newer employees and have them available pretty soon. This is because offshoring companies have processes and contacts to recruit top employees at very short notice.
Thus, modern offshoring practices allow organisations to alter the number of employees they have at any time without having to worry about going through lengthy interviewing and recruitment processes.
5. More Efficient Infrastructure
Once a business can move parts of its functions to another country, it can easily start to make itself more efficient, thus taking full advantage of hiring remote workers. One of the biggest examples of this is the ability to downsize the office building.
The rent that an organisation pays for its headquarters happens to be one of the biggest expenses for the business, and all the costs associated with it make it even more expensive. The maintenance of the building would undoubtedly cost the business a pretty penny as well, along with the electricity, gas, and water bills.
Having most of the workforce operating from offshore settings allows the business to rent a smaller workplace, reducing all the associated costs. This kind of setup also allows the employees to have an easier life.
The employees working remotely will be able to skip the morning commute, and they would be able to spend a much smaller amount on work clothes and other upkeep.
By taking out all these staples of what was once considered the normal workplace, businesses will save money while making their employees more comfortable and becoming more efficient.
Get Offshore IT Services in the UK from Satya Infotech
If you’re looking to find a way to make your UK business more profitable and modern, get in touch with Satya Infotech. We’re an IT outsourcing company based in the UK. We also have a presence in India, where we recruit expert software developers and IT, service providers to work with our clients in the UK.
When you avail of one of our services, our team will come over to your office to personally assess your IT and software development needs. Those needs will be passed on to our India team, who’ll match candidates to your requirements and hire them accordingly.
We’re available in a number of locations all around the UK. Start working with us today to take advantage of modern business processes and get ahead of your competition in the market.
