Outsourcing is the contracting out of a piece of work to a third party service provider for an agreed time, cost and level of service. If contracted to a provider in another country this is sometimes referred to as 'offshoring'.
Activities such as IT, finance, web design and back office/admin etc are all business functions which have the potential to be outsourced to improve efficiencies and performance.
The concept of outsourcing dates back to the 1980s but in the last five years more and more organisations have taken advantage of the opportunities presented by offshore outsourcing. This has often taken place to lower cost economies such as India, China, the Philippines, Poland, Romania and the Ukraine. More recently, South American countries such as Brazil and Argentina have been added to the list.
Recent improvements in telecommunications, IT technology (including broadband) and web-based collaborative tools (such as OutsourceMyProject.com) have made the possibility of outsourcing much easier.
Until recently, outsourcing has largely been the preserve or large organisations. OutsourceMyProject.com aims to bring these opportunities to SMEs and start-up businesses.
How does OutsourceMyProject.com work?
OutsourceMyProject.com is designed for use by professional service providers (web designers, call centre specialists, business admin experts etc) and those seeking to use their services.
Customers can post details of projects they wish to outsource free of charge on the OutsourceMyProject.com website. Providers can then bid for contracts by supplying customers with written quotes.
Customers assess the suitability of suppliers by looking at their unique online profile, including details of ratings and feedback for past projects. Customers can then choose the most appropriate provider for their project.
Payment is made to the provider on completion of the work.
OutsourceMyProject.com also provides a range of web-based tools to ensure confidence in the process and ensure contracts run smoothly. These include an online payment platform, project management facility and messaging system to ensure open and clear communication between both parties within the safety of the OutsourceMyProject.com website.
Activities such as IT, finance, web design and back office/admin etc are all business functions which have the potential to be outsourced to improve efficiencies and performance.
The concept of outsourcing dates back to the 1980s but in the last five years more and more organisations have taken advantage of the opportunities presented by offshore outsourcing. This has often taken place to lower cost economies such as India, China, the Philippines, Poland, Romania and the Ukraine. More recently, South American countries such as Brazil and Argentina have been added to the list.
Recent improvements in telecommunications, IT technology (including broadband) and web-based collaborative tools (such as OutsourceMyProject.com) have made the possibility of outsourcing much easier.
Until recently, outsourcing has largely been the preserve or large organisations. OutsourceMyProject.com aims to bring these opportunities to SMEs and start-up businesses.
How does OutsourceMyProject.com work?
OutsourceMyProject.com is designed for use by professional service providers (web designers, call centre specialists, business admin experts etc) and those seeking to use their services.
Customers can post details of projects they wish to outsource free of charge on the OutsourceMyProject.com website. Providers can then bid for contracts by supplying customers with written quotes.
Customers assess the suitability of suppliers by looking at their unique online profile, including details of ratings and feedback for past projects. Customers can then choose the most appropriate provider for their project.
Payment is made to the provider on completion of the work.
OutsourceMyProject.com also provides a range of web-based tools to ensure confidence in the process and ensure contracts run smoothly. These include an online payment platform, project management facility and messaging system to ensure open and clear communication between both parties within the safety of the OutsourceMyProject.com website.
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