Are you afraid of taking risks involved in outsourcing? Has this fear stopped your company to take benefits that outsourcing offers? If this is the case, then why not consider outsourcing partially, and play it safe. With outsourcing partially, you can reduce the risks of outsourcing and enjoy complete outsourcing benefits simultaneously. You can increase your productivity, have more control over core business tasks and have option to change your outsourcing service provider right away!
Benefits of Partial Outsourcing?
In today’s competitive market, it is always a good idea for any company to outsource at least partially. Here are some reasons why you should consider partial outsourcing for your business:
- Maximize profits and get an edge over competitors
- Save on cost of labor by outsourcing work to more skilled professionals at lower cost
- Provide your customers with 24/7 support, without pressurizing in-house employees
- Boost your business growth and productivity
- Concentrate more on core business tasks
Risks Involved in Partial Outsourcing
Partial outsourcing helps you reduce the risks in outsourcing. But before that, let us aware you of some major risks involved in outsourcing:
- If the vendor is not chosen wisely, then you may lose control over the functions you outsource
- You may face data security issues if the vendor is not good enough
- You may get “locked in” if the vendor doesn’t save work on your network
- You need to be careful while outsourcing all your IT functions as it is not easy
How Does Partial Outsourcing Reduce Risk?
With the help of outsourcing partially, your company can reduce risks of offshore outsourcing to a bare minimum, as you need not outsource all your business functions. And if you are not happy with the quality of services, you can switch the vendor right away.
In addition to that, you can keep confidential information, trade secrets, product details & other core data completely safe from the outsourcing vendors, by partially outsourcing only the non-core business tasks. Additionally, it is advisable to sign confidentiality agreement & NDA (Non Disclosure Agreement) for all the services you outsource. This way you can safeguard your business from data security risks.
What’s Your Take on Partial Outsourcing?
There are a lot of popular services that can be outsourced partially. Some of them are – customer support, accounting & bookkeeping, data entry, web solutions etc. Would you like to try it out? If yes, which function would you partially outsource? Let us know by leaving comments below. We always love to hear from you!