What to Outsource
Most everyone agrees that it is not appropriate to outsource a function that is unique to the
company, or related to its strategic direction. But CEOs do outsource their non-core functions
such as information technology. They recognize that although IT is critical, in most cases it is
not a core competence. By outsourcing IT, most organizations can cut costs, improve service and
increase their focus on what is core. Business process outsourcing (BPO) is applicable to many
functions like human resources, customer relationship management, supply chain management,
procurement, accounts payable, check processing, or credit card and loan processing.
Outsourcing is now understood to be more than an effective
means to cut costs and improve efficiency, it has the
potential to be a strategic imperative that enables
enterprise agility.
At IMSI, we believe there are four imperatives for success in the digital economy: eliminate boundaries,
collaborate in new ways, continuously seek improvement, and establish trust. Enterprises failing to meet
these requirements have been left behind.
But there's another, equally pressing truth confronting businesses today. Technology does not provide
solutions on its own. Through business process outsourcing, we combine the right people, processes, and
technologies to help you gain maximum efficiency and achieve competitive advantage.
Business process outsourcing is about more than simply cutting costs. It's about increasing business
value for your company.
Free Your Resources and Focus on Your Strategy
An important aspect of business process outsourcing is its ability to free corporate executives from
some of their day-to-day process management responsibilities. Traditionally, executives spend 80
percent of their time managing details, and only 20 percent on strategy. Once a process is
successfully outsourced, the ratio can be reversed. Executives get more control over their most
valuable resource: time. Time to explore new revenue streams, time to accelerate other projects, and
time to focus on their customers.
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