Outsourcing might be a dirty word in some business circles, but particularly when it comes to the “easy stuff,” it can make a great deal of financial sense.
In today’s electronic age, surely one of the biggest drains on company time and resources is data entry. As essential as it might be to modern businesses, paying direct employees to process huge amounts of data can be horribly expensive, and yet the work itself is typically very straightforward. With very little training, outsourced providers often are able to come to grips with an organization’s data entry processes and can supply a service that costs a fraction of the amount that would be paid to internal staff.
Although some businesses have gone in for outsourcing in a big way, basically farming out everything that they can feasibly have done via external agencies, others have been far more reluctant to “lose control” of certain functions within their organizations, particularly those that might have considerably longer-term impacts, such as HR. Where basic functions such as data processing are concerned, however, quality control checks are typically easy to put into place, and outsourcing can represent a much cheaper alternative than doing it in-house.