qué es outsourcing

What is outsourcing and how does it help companies?

Have you ever wondered what outsourcing is? Outsourcing is a business practice that has been a fast and efficient alternative to achieve objectives for many years which is increasingly being incorporated into more companies’ growth strategy. Did you know that even six years ago 78% of the world’s companies have been outsourcing and were satisfied with that decision? It’s not us who say so, but a study commissioned by Deloitte for a survey on Global Outsourcing 2016. Since then, amidst a pandemic, this practice has increased in national and international companies.

It is not a coincidence that companies choose to outsource services because the advantages of doing this are significant. We will now explain in more detail its importance and the benefits it can bring to your company.

What is Outsourcing

Outsourcing is the externalisation or subcontracting of certain processes of the business or company that hires them to third parties specialised in that specific area.

There are different types of outsourcing. In some cases, a whole section, area or department is outsourced. In others, only certain projects are outsourced.

How outsourcing can help you: the key benefits for business

Saving money, why outsourcing is an advantageous practice

According to outsourcing statistics in 2022, for 7 out of 10 companies the main reason for outsourcing is the financial savings they make. In terms of profitability, it is a very advantageous decision.

And all this while maintaining a quality of service that in many cases can even exceed that one provided by the company itself.

And why is outsourcing a cost-saving practice for companies? For reasons such as the following:

  • You bear no labour costs. This means that you do not have to take care of sick leave, holidays, absences or severance pay. You get what you need when you need it. And if your needs change, you don’t have to worry about hiring or firing workers.
  • You save on human resources management. And in the work planning of an entire department or team.
  • You should not spend on material resources. Physical space, IT equipment or infrastructures, technology, tools and the specific equipment for the service you want to outsource.
  • Savings on training plans. Because you outsource talent, you don’t have to train it.
  • You convert fixed costs into variable costs. You only pay for what your company needs, saving you money. On average, it exceeds 20%, according to global outsourcing statistics.
  • The budget optimisation is clear. You pay for what you hire. You have a budget; you know its cost for the time established and indicated in the contract. No surprises in terms of unexpected expenses.

To summarise, when talking about what outsourcing is, we can say that it is a practice of subcontracting services that involves significant economic savings for the company, ensuring the achievement of objectives.

 

outsourcing benefits

 

Specialisation, efficiency and quality at your service thanks to outsourcing

Building a department or a team to take care of certain services or processes can be complex and costly. Finding specialised and experienced talent to attract to your company is difficult when you can’t offer them opportunities to advance in their field. And training staff is complicated, expensive and slow.

Most companies cannot wait. And the solution is simple: outsourcing. Delegating these tasks, projects or actions on specialised staff, with experience and knowledge that takes years to achieve and in the specific field you are interested in at any given moment.

At Nextport we are specialists in internationalisation and organisational development. We have the knowledge, contacts, qualified and constantly trained staff, methods, experience and key resources that we put at the service of our clients to help them enter international markets. Always with a quality of service, agility and efficiency that could not be achieved for years.

We are in constant contact with each other and report regularly the results achieved.

The risk reduction that involves the use of specialists is very important. Both financially and in terms of quality of service.

The quality of the service allows more ambitious plans, strategies or actions to be tackled more quickly and efficiently. With higher success rates and more efficiently.

Specialisation and experience allow us to achieve a better quality of service with higher productivity. And reach pre-determined goals faster.

You don’t have to worry about incorporating international profiles or updating staff and procedures. This is done by the subcontractor.

Outsourcing allows you to keep the focus, attention and efforts on the core business activity by delegating other activities to specialists and thus be more productive and competitive, better positioning your products or services in the market.

Summarising what outsourcing is for companies: it is the externalisation of a service to put it in the hands of specialists and thus gain in efficiency and quality.

Now you know what outsourcing is and how it helps your company. The only thing left for you to do is to put it into value and decide if you want to take advantage of these benefits for your business.

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