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Business It Outsourcing – Ethical Issues

March 14th, 2011

Ethics is a very important aspect of any business. Without ethics a business is as good as dead. Businesses that do not embrace good ethics do not have a long lifespan. Ethical issues may differ from one profession to another. However ethics is generally the same in all the professions. Business it outsourcing also has a few ethical issues. They include the following; Very many companies face ethical dilemma when outsourcing IT services to overseas countries such as India and China. They do this because these countries have qualified people who offer quality services at a low price. Most Americans feel that outsourcing is unethical because it leads to loss of jobs. However the companies that outsource the services defend themselves by saying that if they refrain from outsourcing, they would not be competitive and that could lead to business closure which will definitely lead to more job losses. Hence ..Continue reading.. »

Benefits Outsourcing – H R Outsourcing

March 2nd, 2011

By now you know that there are many benefits that are associated with outsourcing any type of service. There are even more benefits if your are outsourcing the services to offshore companies. HR outsourcing is not very common. However it is a phenomenon that is very popular nowadays and more and more companies are outsourcing HR services to offshore or on-shore companies. However do you know the Benefits outsourcing brings to your company? Listed below are some of the Benefits outsourcing HR services brings to your company. The very first benefit is the fact that you will save money. This is the biggest benefit of outsourcing any type of service. That explains why companies want to outsource all the services that are not vital to the business. That way they can able to save a lot of money and channel the saved money to other projects aimed at increasing the efficiency of the business. Efficiency- Outsourcing your HR servi ..Continue reading.. »

Benefits Outsourcing – Tax Benefits Of Offshore Outsourcing

March 1st, 2011

There are very many benefits that are associated with outsourcing. However very few people know about the tax benefits of outsourcing. In this article we will tackle some of the tax benefits of outsourcing services to offshore outsourcing companies. The United States tax code is friendly to the companies that outsource their services to foreign companies. They allow the companies to deduct the amount of tax they have remitted to foreign nations. This amount is known as foreign tax credit. First of all they pay the taxes due to the governments of the overseas country where they earned the revenue and then report to the IRS where they are eligible for the foreign tax credit. The United States has one of the highest tax rates in the world. In 2006 the tax rate stood at 39.3 percent. The only other country that has a higher tax rate than the United States is Japan. The lowest tax rate stands at 12.5 percent and it is in Ireland. It is for this r ..Continue reading.. »

Benefits Of Outsourcing – The Real Deal

February 28th, 2011

By now you should know that the benefits of outsourcing cannot be compared. Outsourcing services will help your company in  many ways. For instance when you outsource services to a third party, you will be able to lower the cost of production. A low cost of production means that the market price of your products will be low. A low price in the market will attract customers to buy your product. More customers means more sales and more sales leads to increased profits. That is one reason as to why many organizations are turning to the outsourcing industry for all their needs. Despite the fact that there are very many benefits of outsourcing, there are still some people who are against the whole idea of outsourcing services. Most of the critics are economists who argue that outsourcing services to offshore companies leads to loss of jobs in the parent company. They also claim that the loss of jobs lead ..Continue reading.. »

Business IT Outsourcing- How To Outsource Technology

February 25th, 2011

Business IT (Information Technology) is the management of data from a central area, where this data is stored and updated on a regular basis to enable companies have control of their computer systems and businesses. These data centres are usually large and very expensive for a single company to run on its own, despite its financial capabilities. These systems require regular maintenance and the equipment needs constant updating, which is expensive for a single company to maintain. Thus many businesses prefer to outsource these systems and services. The provision of these services is handled by an ‘outside’ professional IT company, this is known as Business IT outsourcing. When a company is outsourcing for technology, computers are a key ingredient for success, since this is the only available avenue when it comes to business IT outsourcing. Once they (computers) are in place, connection to a reliable internet server is paramount. Althoug ..Continue reading.. »

Business IT Outsourcing In Academic Institutions

February 24th, 2011

In the outsourcing industry, business IT outsourcing is by far the most prevalent. In IT outsourcing, the business chooses to outsource a part or their entire IT process. Change management skills are vital when doing this. If not handled well, it can lead to internal discontent with existing IT staff viewing outsourcing as affront on their ability to run the function effectively. Few sectors have so embraced IT outsourcing as academic institutions. As opinion leaders and shapers, it is good to see higher education embrace IT outsourcing solutions with enthusiasm. With the ever-increasing size and complexity of academic institutions, IT outsourcing has played a great part in helping these institutions meet the current demands. Throw in the growth in distance learning, e-learning, webinars and webcasts and the role that IT plays in delivering knowledge becomes apparent. With such ambitious goals, IT outsourcing has become the most feasible sol ..Continue reading.. »

Benefits Of Outsourcing For The Small Business

February 23rd, 2011

Outsourcing has greatly benefited the small business. One of the key benefits outsourcing is that businesses have the time to focus on their core competencies and in the long run save on human and capital resources. Outsourcing has made available valuable time that allows a business to focus on its core purpose. Usually, it is the tasks that are considered mundane or non-essential that are handed over to a competent 3rd party individual or company. The small business can then focus on the key areas of the business and thus overall productivity is greatly increased. Small businesses that go for outsourcing have access to greater financial resources since this helps them cut down on operational costs. Budgets for such small enterprises are normally limited. The freed up cash can then be used to grow and market the business. Because more money is plowed back into processes that directly benefit the business small businesses are able to expand f ..Continue reading.. »

Outsourcing Of IT Services- How To Effectively Outsource IT Services

February 21st, 2011

We are living in a world where cost cutting is the main agenda in most companies. Many managers wonder why they need to buy expensive IT equipment while their business has nothing to do with IT services. That is why some of the biggest companies are outsourcing it services. There are things that things that you should bear in mind if you want to effectively outsource these services. It might seem like outsourcing of services is a lengthy process but you will be surprised to find out that it is very simple to outsource services. Simply follow the points listed below and you will be on the right track. Determining the return on investment should be the first thing to consider. If outsourcing of IT services fails to save you costs, then it would be wise to consider other alternatives. However you can be assured that outsourcing these services will save you costs in terms of the IT equipment and the employees. Outsourcing of IT services allows t ..Continue reading.. »

Business Process Outsourcing Service – How To Choose The Services Of A BPO Firm

February 17th, 2011

Business process outsourcing services are the most sought after services today. Most of the big companies are outsourcing some of the services which they refer to as non-core and concentrating on the core functions of the companies. The Business process outsourcing services are prevalent in the Philippines and India. The BPO companies provide various companies to companies all over the world. Some of the services offered include, article writing, medical prescriptions, SEO services and many more. This industry has truly revolutionized the way companies do business. Most of the staff found in the companies that offer Business process outsourcing service are trained to deal with foreign clients as well. Many economists have posed the question why many Business process outsourcing service providers have continued to do well while the rest of the companies were shutting down their operations as a result ..Continue reading.. »

Business Processing Outsourcing Companies – The Facts

February 16th, 2011

Today smart companies are outsourcing some of their services and concentrating on the core objectives of the company. The best thing about outsourcing some of the services is the fact that you can hire a company that is located miles away from where your company is located. For instance India and the Philippines have a lot of call center outsourcing services. Most of them serve companies that are located in the United States and the UK both of which are thousands of miles away. When you seek the services of business processing outsourcing companies, they will be able to advise you and your company accordingly. In most cases they will do a thorough research about your clientele and know exactly what they expect from your company. From there they can devise services tailor-made for your clients. Call center outsourcing is by far the most sought after service. Most of the call centers are located in Ind ..Continue reading.. »

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