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Outsourcing and Automation

Firstly, Outsourcing and Automation is a critical area moving forward.  Cost cutting is always first.  But there is a lot more. It has some significant data as why you should outsource:

1. Cost cutting
2. Enables focus on core business
3. Solves capacity issues
4. Enhances service quality
5. Critical to business needs
6. Access to intellectual Capital
7. Manages the business environment
8. Drives broader transformational change

Many will think this is aimed only at mid to large Corporates – but that is only part of it.

Outsourcing and Automation can be done by the big guys or SME Businesses.

Moreover, many do not know what the right collection processes and work flows are or have the ability to get policies to be compliant – this does it for you. You can then look at what else is needed and understand the benefits and ease of outsourcing processes which can then give you greater comfort to look at further ideas.

So the above 8 items have all been ticked – the greatest benefit though is that you get a lot of time back, you save money chasing what should be yours, you have better vision over it and your cash flow will increase.

Finally, according to Deloitte’s Global Outsourcing Survey in 2016, the most common reason (59%) companies outsourced was because they saw it as a cost-cutting tool. But a close second (57%) is that outsourcing enables a greater focus on Core Business. Lowering cost may well be an impportant outcome achieved through outsourcing, but a far better conversation to have with outsourced service providers is to see how they can support you to focus on your core business!  Refer to us if you want to talk over Outsourcing and Automation.

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