Outsource to India has become very popular destination for outsourcing because of quality, flexibility, cost control, technological agility, time-to-market and competitive advantage. Outsourcing is refereed as "the process of transferring an existing business function, including the relevant physical and, to an external provider in order to strategically use outside resources to perform activities previously handled in-house. Outsourcing involves transferring an important amount of management control and decision-making to the outside supplier. Buying products from another entity is not outsourcing, but merely a vendor relationship. Outsourcing always involves a considerable degree of two-way information exchange, trust and coordination.
- India is a talent-rich country.
- India exports software to 95 countries around the world.
- India enjoys the confidence of global corporations.
- India Offers Multiple Advantages.
- Outsource to stay competitive. Leading companies worldwide realize that to maintain stay ahead, they require to reduce costs, provide the best quality, use the latest high-tech skills, and be reliable and inventive.
- Outsource to a grown-up industry with world-class systems, systems and quality.
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Outsourcing to India Benefits
Recently, Outsourcing in India has increased by leaps and bounds. More and more big as well as small corporations are outsourcing their low end as well as high end services to India owing to the relative advantages involved in terms of cheap labor, better infrastructure and stable government. There are several marked advantages of outsourcing to India:
- Concentration on core business areas
Back office operations of a company require high maintenance and specialized attention. Yet most of them are critical for the company's everyday activities. By outsourcing their back office operations businesses can concentrate on their core competencies while their back office operations are being managed easily by a specialized third party company.
- World-class technology at lower rates
Investing in new technology is very costly and sometimes risky. As the technology market develops rapidly, it is hard to keep up with latest innovations and solutions. Thus outsourcing to companies that have the resources, expertise and desire to continuously update their technological solutions, offers a true advantage of outsourcing.
- Skilled manpower at affordable prices
Outsourcing gives a company the ability to get access to skilled and trained man power at especially affordable price. This in turn leads to an increase in productivity as well as cost savings. By outsourcing a company saves on recruitment, training and other human resource costs it would otherwise have to maintain internally.
- Increased Productivity
By employing skilled manpower in larger numbers at lower costs companies can really increase their productivity. This in turn would result in better client satisfaction and increased profitability.
- Beat Competition
In today's fast paced global economy a company wants to provide high-quality services to its customers in order to retain them, as well as provide the services for cheap prices. Outsourcing in this case can assist the company maintain lower rates with better service solutions, thereby giving them a better market position or even a competitive advantage.
- Tax Benefits
By selecting the right BPO destination companies can save up on taxes in turn saving on costs.