Outsourcing 101: What are the Different Types of Outsourcing
Through the different types of outsourcing, you can easily identify which kind will most likely give you the maximum value for your operations. Find out which outsourcing type you should engage with in our latest infographic.
Professional Outsourcing
This outsourcing business model means hiring third-party services for professional positions such as accountants, legal, purchasing, IT support and the likes.
IT outsourcing
IT outsourcing is done for software development, as well as for maintenance and support of businesses’ technological facets. This can be done either through partial or complete takeover of the IT matters by the outsourcing partner.
Manufacturing outsourcing
If you have physical products you need to mass produce at a lower cost, manufacturing outsourcing is for you. Contract your production needs to a manufacturing company to achieve both the quality-standard and the quantity you need.
Project outsourcing
Another type of outsourcing service is project outsourcing.
This type of engagement is ideal for those who want to hire temporary help at a given time for a particular project. If you don’t need full-time help, this one's for you.
Process outsourcing
Among the types of outsourcing services, process-specific outsourcing is an important one. This means contracting a very specific task or internal procedure to ensure the continuity in your system. Process outsourcing discusses the nitty-gritty jobs and niched process that allows you to focus on what you do best.
The different types of outsourcing today helps your business achieve maximum in-house efficiency for your operations, and a real cost-effective solution for your bottomline.
When considering your options for a reliable accounting outsourcing partner, check out D&V Philippines. Our wide experience in finance and accounting offshoring can assure you the quality of service we provide to small businesses, finance leaders and accounting firms. Download our Outsourcing: How to Make it Work guide today and learn how we can make the engagement work for you.