Outsourcing – Boosting Cost Efficiency without Compromising Quality

Costs Associated with Hiring Additional Staff

Investopedia estimates that costs associated with hiring a new employee can reach upwards of $70,000. With each new team member you bring on you’ll need to not only pay a salary, but also provide a benefits package that will attract the type of talent your company needs to be successful. On top of these major expenses, many companies also offer pensions, travel allowances and subsidies for their employees– and that’s only scratching the surface.

How does Outsourcing boost cost efficiency?

Outsourcing companies provide the employees that you need without the hassle of managing an in house team. When you make the decision to outsource a business process, the outsourcing company assumes all of these responsibilities. Your only responsibility to pay for the work completed.

When employing a local workforce, your company is responsible to monitor individual performance and address any issues as they arise. This requires an entire department in and of itself: human resources. Human resources will almost always be necessary for any company, but like any other department their time and resources are valuable. When you choose to outsource, the human resources department at the outsourcing firm is responsible for its own employees. This leaves your local HR staff to focus on on-site issues.

Contracting your business processes to a third party firm boosts cost efficiency and also comes with the added benefit of job flexibility among employees. For example, many small companies have a lone accountant responsible for keeping the organization’s financial records. This is both expensive and incredibly risky. What would happen if something were to happen to the accountant and he or she is no longer available to assist with the record keeping or retrieval? This would be quite the predicament. Outsourcing allows you to grow your business, boost cost efficiency and develop a talented team of individuals at a much lower cost than employing the same number of local workers.

Telegenisys Commitment

It’s common knowledge that those looking to outsource are wanting to reduce their labor costs. While this certainly can be achieved through outsourcing, you often get what you pay for. Telegenisys is a leader in the Business Process Outsourcing (BPO) field, offering a variety of back office services to clients such as customer care, tech support, lead generation and medical claims processing to name a few. We serve a global clientèle and quickly and efficiently incorporate ourselves into whatever task you need run.

Regardless of the project, we here at Telegenisys work towards three core deliverables for your clients:

  1. Increased Efficiency
  2. Reduced Costs
  3. Provide a talented workforce

Increased Efficiency, Reduced Costs, Quality Talent

Inefficiencies in organizations can stem from a variety of sources. A lack of quality talent can make tasks take longer than they should and can reduce the quality of the deliverable. Companies can approach this one of two ways: use their resources to hire a talented local individual or use a lesser amount of resources to hire another talented employee to work remotely. At Telegenisys, we provide only the most talented agents to ensure your work is completed in a timely and accurate manner. We don’t cut corners on talent simply for the purpose of providing a lower quote. Experience the best of cost efficiency with affordable quality here at Telegenisys.

Impact of Family History on Life Expectancy

A hereditary disease is caused by genetic factors transmitted from parent to offspring. Family history is, therefore, an important consideration in...
life expectancy social history

The impact that social history has on life expectancy

In many parts of the world, life expectancy has been increasing steadily over the past few decades, due to increases in technology, medication, and...

Scammers forging Telegenisys phone numbers on their calls

In the past few days criminal scammers have been forging our telephone numbers to their outbound calls. They...

Telegenisys supports law firm privacy compliance

Stephen Treglia writes in the New York Law Journal that "businesses are demanding law firms sign written agreements affirming their compliance with...

Telegenisys Geo codes lanes on more than 50,000 miles of US Highways

Satellite and Ariel image analysis is a core competency of Telegenisys Inc. Telegenisys frequently geo codes artifacts (objects) on the earth...

Containing health record costs in mass litigation

Gathering healthcare related evidence can run up considerable costs even before determining if there is a reasonable chance of making a valid claim....

Pin It on Pinterest