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As businesses seek to cut costs and streamline their operations, business process outsourcing (BPO) is increasingly being considered as a business strategy. Companies in today's marketplace are seeking true overall strategic engagements beyond the traditional service-centered outsourcing arrangement.
  What is Outsourcing?  
  Outsourcing takes place when one company hands over operational responsibility for one or more of its non-core functions to another company. The arrangement can be structured in various ways depending on the needs and expectations of both parties involved.  
 
Delegating non-core functions to experienced specialists outside of the company empowers the company to focus its main resources within, on developing the core business in which it has expertise. Studies reveal a satisfaction level of 84% amongst businesses that outsource with reported benefits including increased competitive advantage, improved profitability and reduced operating costs.

  
  Outsourcing - the right decision  
  Today's corporation succeeds based on its ability to establish and sustain a network of strategic business partners. More and more companies are realizing the benefits in turning around core competencies and outside relationships. "Do what you do best and outsource the rest" is the credo, and for good reason.

 
  Through innovative outside relationships, organizations are aggressively reshaping themselves and fundamentally changing the way they do business. Unprecedented levels of performance and profitability have resulted from these efforts. The bottom line is that outsourcing has become one of today's most powerful, organization-shaping management strategies. Smart corporations of the future will serve their customers by functioning more as a focuser of resources than as an owner of resources.  
     
  The $556 billion worldwide IT service market is experiencing one of the biggest changes in its history - a paradigm shift to offshore sourcing. [Gartner]  
     
  Are you experienced? Negotiating a successful outsourcing deal depends on it. And everything depends on the deal --from your relationship with the outsourcer to the cost and quality of service for years to come. [Gartner]  
     
 
Many enterprises focus only on cost savings and ignore the other advantages of offshore outsourcing. [Gartner]  
     
  How can Outsourcing help you?  
  As companies expand into new areas of business where their level of expertise is not high, outsourcing provides the ideal solution. It can also save time and money for those setting up an office in India that are reluctant to invest in full office operations. The entire back office function can be outsourced, saving on personnel and rental costs, equipment and also providing the flexibility that is so critical for a smooth start up.

Outsourcing can be a sensible solution for more cautious businesses that are unwilling to overload on commercial commitment at the beginning of their operations. Outsourcing can be deployed as an efficient business tool and not only a method to help you through troubled times when profit margins are squeezed.
  
   
 
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