Outsourcing

Outsourcing is the umbrella term for working with an external service provider to create goods or deliver services traditionally produced or performed in-house.

In most cases, companies practice outsourcing as a form of cost-cutting strategy. They want to reduce their overhead costs, ranging from salaries, equipment, and office rental.

It also helps businesses focus on their core aspects as outsourcing companies can take over their non-core operations, such as customer support, accounting, web design, and marketing.

With subject-matter experts, outsourcing companies can achieve efficiency and productivity while keeping their clients' expenses low.

What to Know Before Outsourcing to Developing Countries

Outsourcing Pricing Models: Finding Out What Fits Your Budget

Outsourcing vs Offshoring: The Key Distinctions