Cloud computing has many benefits that come from its usage. It is quite unfortunate that not all business operations had moved over to this powerful strategy for business management. A larger number of people are very skeptical about whether their data is secure and private. However, some notable companies who had used it had continued to enjoy its numerous benefits. This is not to deny the fact that the cloud-computing system must conquer other hurdles facing it.
This article brings to bare, 7 benefits why companies who embrace this technology regard Cloud Computing as being a vital tool for achieving success.
1. Fully Utilized Hardware
Cloud Computing leaves you with a better economic scale. Your data entry needs would be easily uploaded with the assistance of cloud computing providers – providing you with minimal cost, efficiency, and speed.
2. Lower Power Costs
The use of Cloud Computing means the use of less electricity. This gives you an economical choice as well. Instead of running your own data center (which is not cost-effective), you use the services of a Cloud services provider which means less charge.
3. Lower People Costs
Expenditures on hiring professional IT experts and staffing an in-house team are usually high. Cloud services eliminate these high costs as you pay on a very low budget to get Cloud provider staff to do all the work for you.
4. Zero Capital Costs
Unlike where you run your data center and pay excessively for IT support fees, maintenance fees, and upfront capital costs, Cloud Computing requires only a monthly fee. The financial obligation to run the Cloud investment lies on the shoulders of someone else.
5. Resilience Without Redundancy
Running your server entails buying hardware that is often not readily needed. Spare hardware may be kept because of uncertainties. This is a very expensive and unhealthy habit for business.
6. Climate Change
The threat of losing your customers who would rather prefer doing business with green companies will make business owners do something positive to put up policies that would ensure that their companies are regarded as being green. Therefore, the choice of Cloud Computing makes companies burn less gas and be environmentally friendly.
7. Accessibility
A Cloud computing service enables you and your team to lay hold of all files from around the globe from your comfort zones.
Conclusion
In conclusion, Cloud Computing, as introduced by the new age technology, has the potentiality of changing the way business processes and data security had formally been. It is currently influencing positively for those business operators who had adopted it as one of their strategies for data safety. Cloud Computing is very necessary for today’s highly advancing business process environment. It is an option that is held in high esteem, which makes a good business sense. It allows you to put attention to what is vital to your business.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
Formally, outsourcingwas taken to mean the saving of time. However, with the rapidly evolving technological trends and strategy, it has turned out to be an effective business strategy that constantly yields benefits to many companies.
Relating to Global Outsourcing Survey of 2016, many businesses are of the opinion that outsources providers are key business enablers, who aided them to achieve total transformation and not a mere cost-cutting strategy as they had previously thought.
The following points proved beyond a reasonable doubt that outsourcing has evolved from being an ordinary timesaving strategy to a medium of change and transformation.
1. To Foster Innovation That Enable Business Functions
A large number of business heads and operators in the 2016 survey said that the business market is hoping to modernize the outsourcing process, making it yield paybacks in a greater dimension than what is gotten from a typical outsourcing contract. What occupies the minds of the business community is how innovation can function as a seamless processor of the business task.
2. To Derive the Full Potential of the Outsourcing Relationship
Furthermore, people who reacted to the research opined that varying the mindset towards the outsourcing process is quite a major contributing factor to getting benefits. Outsourcing functions is like a boom or classic in a product’s lifecycle and stays long in its lifecycle – bringing in its rewards almost immediately. Start the outsourcing relationship from the onset of the outsourcing solution to work out effectively.
As soon as the service provider has been appointed, then comes the moment to handle the next stage, which is the transition stage, which included the managing of the vendor relationship. In accordance with the result of the study, the desired resultant effect of an outsourcing partnership can be realized efficiently when company operations allow more time to carefully select, transit and draft enhanced Service Level Agreements (SLAs).
4. To Achieve Operational Excellence
On a final note, there exists a relationship between performance distinction and governance-model maturity. An increasing number of business operations are expanding their perceptions of outsourcing by strengthening their agent’s total managerial competence. Thus, enabling them to use contractual levers and oversight activities, this involves the implementation clear and mature acceleration channel, to solve the agent’s presentation and argument rather than sparking off ceasing rights.
Conclusion
No company will ever make headway in this present high business competitiveness unless it embraces outsourcing as an effective business strategy that brings value to the organizations. Having said that, if you are going to partner with a new outsourcing company, let the outsourcing provider show willingness in helping your business achieve its goals seamlessly with people and processes.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
For this reason, before you embark on outsourcing your call center operations, you need to ascertain why brand experience is an important factor when hiring outsourced staff. To further on this write-up, the followings are 4 tips addressing why brand protection matters in outsourcing.
It is apparent that an ill-timed outsourcing service or partner is potentially disastrous to the brand reputation of your business. Yet, the non-usage of outsourcing options will not be considered a wise decision since outsourcing offers many opportunities for growth.
1. To Ensure Seamless Customers Service
Brand protection would be fully optimized when its messages and image in all platforms bears the same language of your customers. For instance, if you are branding from an English speaking country, your outsourced customer agent should have the capacity of relating to your customers in good English. To be on a safer side, let your offshore outsourcing service partner came from countries where their workforce uses a good command of the English language. This has endeared the Philippines to remain as a top outsourcing destination for many establishments. Due to the Philippine’s proficiency in English, it has ranked 3rd out of 20 countries in Asia and 15th out of 80 countries on the globe.
2. To Sustain Your Company’s Culture
The integral part of your brand identity is your company’s value and culture. Where your company has a corporate social responsibility as its major concern, it invariably means that you have to outsource a partner that shares the same culture and values. This way, you would be sustaining the brand experience with your customers, which is very important. Even where there exists time differences and long distances as barriers to building a good outsourcing partnership, an outsourcing partner who shares the same culture as yours will be able to deliver the brand experience you would want to effect internally.
3. To Maintain A Skilled Workforce
It would naturally and economically be wastage of time if your outsourced partner(s) could speak English fluently whereas do not know the rudiments of your product and services. Your brand still faces threats if this happens. Your brands need to be represented consistently in each customer interaction when you and your outsourcing partner put in place a successful outsourcing transition. Of course, training is part of the onboard processes.
Conclusion
Have in mind that your outsourcing partners are the ones who represent your brand and company. This means that their actions and inactions would be attributed to your company. To this effect, ensure that you collaborate with an offshore outsourcing service provider that has the same culture as yours to align goals, objectives, and values easily.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
Every small business owner desires to save money, time and labor as much as possible. “Saving” is the key to achieving greater success in business — whether it is time-saving, money-saving, or labor-saving. You may achieve just small savings when you perform some business tasks on your own. However, when you automate some processes instead, you will achieve greater cost-effectiveness, increased efficiency, and higher overall effectiveness.
So, in order to focus on what matters more, here are some robust tools that can help you automate certain tasks;
1. E-Commerce Tracker
Using innovative e-commerce trackers, you are able to put up products, monitor metrics, as well as integrate popular payment systems into your e-business. So, if you have a plan to go online with your small business, you should lay hold of apps that enable you to achieve more when selling online.
2. Emailing Enhancers
Also, if you are looking to automate your business more effectively, you need an innovative tool that would help enhance your email marketing. A typical example of such systems is the Mail Chimp. So, you should use best-automated marketing systems to increase and improve your email marketing result. In fact, with the more robust email enhancers, you can also integrate social marketing into your email marketing.
3. Payroll Enhancers
While you can outsource payroll as a small business, you can also enhance payroll tasks with the right automation tools. Such payroll platforms will also help you handle payroll regulations in addition to aiding payday tasks. Automating payroll is a great way to have peace of mind that nothing would go wrong, especially in the area of encountering discrepancies.
4. Social Media Posts Scheduler
Some apps have been designed to enhance social media marketing. With the help of those tools, a small business owner can easily schedule social media posts more efficiently, plus you would have less work to do by engaging the tool. And, if your aim is to aggregate all of your social media accounts to one place, you will find automated social media marketing tools designed for this purpose. In addition to letting you assign tasks to your team, such tools would let you measure the success rate of your social media posts and efforts.
5. Expense Trackers
There are good automated tools for tracking business expenses. Quickbooks are atypical examples of such apps for tracking expenses more effectively. Some of the tasks you will easily automate with expense trackers include expense reporting, mileage tracking, and tax automation. The best part is that your expense tracker will display all of these in one place. These tools are huge time savers and would help reduce the time required to handle logistics
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
While some businesses may consider outsourcing an optional business tool, they may find out sooner or later that it isn’t, especially when certain consequences of not integrating outsourcing (when the time is ripe) surface.
Experts advise that you should not delay engaging outsourcing if all signs are pointing to it, or else you may encounter some difficulties or consequences such as the following;
You and Your In-house Staff are Choked with Work
If you have more volume of business functions than you can handle in-house, why not outsource some tasks? Stretching the available hands more than they can take can negatively impact their ability to perform their tasks accurately and optimally. This is the root of diminishing returns in a work setting — people being loaded with more tasks than they can handle.
Core Tasks will Suffer
Obviously, when all attention is channeled to administrative tasks, core tasks that guarantee the long-term existence of your business will suffer. Unfortunately, not many business owners get to find out on time that core tasks are being neglected until it becomes very obvious.
Meanwhile, you would have used outsourcing early enough to intervene, so that you and your in-house employees can channel quality time and attention to those core business functions that guarantee favorable competitive advantage. Well, the good news is that it is never too late to adopt outsourcing at any point you find out you must do so.
You may not be able to Access Global Expertise
As you probably know, outsourcing partners are sourced from all over the world. In fact, these days, many businesses and companies are discovering that it is easier and far cheaper to source for the best talents by going outside of the shores of the country where their business is located. This is what is known as offshore outsourcing.
So, you can see that businesses that ignore outsourcing do that to their own disadvantage because they will be missing out on tons of benefits. In fact, the biggest part of cost savings through outsourcing comes from offshore outsourcing. And, the best part is that you are not moving an inch from your comfort zone to find the most qualified experts from Philippians and other outsourcing destinations. You only need a click of the button from your computer to accomplish that.
Your Competitive Advantage may not be Robust
Businesses that leverage external help to split and perform business tasks confirm that they achieve increased speed. As a result, production is accomplished earlier, and products are launched into the target markets at the right time, earning the business a sizeable share of the market or target audience.
So, once your assessment of your business condition shows that outsourcing is necessary, do not delay to adopt this business solution.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
For a small business or startup, any drop in overhead allows you to allocate additional revenue to operational development, while it concurrently frees up your time. Outsourcing can offer risk management and operational expense control, as well as continuity. Moreover, it can improve your life/work balance.
Small businesses and entrepreneurs should outsource the following tasks in order to contribute to and enhance the development of their businesses, even as they will give themselves enough time to focus on other important aspects of their businesses.
1. Payroll
Considering the copious regulations, requirements, and tax laws, outsourcing payroll of your business is strongly recommended. Payroll is more than merely calculating the hours and salary payouts for workers. Any mistake committed on the payroll can prompt tax audits and cost your company a huge sum of money. Outsource payroll of your company to a specialized and reliable service, instead of maintaining the overhead of a full-time accountant or handling your own payroll.
2. Administrative and Scheduling Tasks
Getting bogged down in numerous small tasks that consume your precious time every day is quite easy. You need to center on your core processes as an entrepreneur or small business owner so that you can develop your business. You are paying just for the hours in which tasks are handled when you outsource to a virtual assistant. In addition, you are eliminating a lot of wasted time spent on appointment setting, emails, and other tedious tasks.
3. Content marketing
Outsourcing content marketing is also of great importance to a small business, and it is a sure way of using easy-to-comprehend content to inform your target audience about your product/service without being excessively promotional. The purpose of content marketing is to generate leads. Content outsourcing is suggested, instead of spending your time writing and distributing content, or employing a marketing team to undertake it. You can hire an outsourcing agency or begin small by employing a freelance writer. With these two alternatives, you will be able to establish better relationships with your clients and save some money.
4. Bookkeeping Outsourcing
You can experience a 40% drop in productivity when you manage numerous tasks all at once or multitask. Your projects will not just take longer to finish, but you will also add to your general stress levels. When it comes to handling the finances of your business, you actually don’t want to commit errors. When you outsource bookkeeping, you will get the experience of a team.
Bottom Line
There are many areas a small business can outsource. Check your processes, your team, and the work you have to do regularly. Think about outsourcing those areas. Furthermore, consider the difference in costs between outsourcing and employing a full-time team. With the difference, you can decide.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
Is your business or company ripe for outsourced marketing? More and more businesses are increasingly asking if it is okay to outsource their marketing or handle it in-house. Already, the majority of businesses outsource a couple of tasks — content creation and graphic design.
Right now, a number of industries are compelled to look into every aspect of their business operations which includes marketing, and this compulsion is coming from competitive pressures such as market changes, legislation, and automation. And, some firms no longer want to keep full-time employees for non-core business tasks, so that they can pay attention to the core functions.
When you take a look at your marketing schedule, here are some questions you should honestly try to provide answers to;
Do we struggle to manage this function in-house?
Is this function-core to our business?
Are we capable of finding and managing the suitable talent for this task?
Are we incurring more or less on the fixed overhead cost?
If your answer to most or all of the questions above is on the positive side, you may as well handle the functions in-house. On the other hand, if you are not thinking twice about saying ‘no’ to those questions, then you are better off adopting outsourced marketing service.
But again, if you want to leave those functions in-house, you should consider the suitability of the in-house team in handling the function, in terms of talent and the time at their disposal.
Today, the majority of the professional services firms adopt outsourcing as an essential tool for keeping up with the constant change in the business world and marketplace. For some firms, it’s a tool for tackling short-term, distinct needs. But, for other firms, outsourcing it’s a great way to deliver the performance, power, and sophistication that couldn’t have been possible with just the in-house resources.
The fact is, even if you are not yet adopting an outsourcing solution, you are likely to do so in the nearest future. So, you should pay attention to the tips and guidelines in this post, so that you can make an informed decision when the time comes.
Additional Tips Before Deciding on Leveraging Outsourcing
Be diligent in finding and selecting the right outsourced marketing team. All that glitters are not gold and don’t just take things on the surface, try to dig deeper so that you can be sure of the outsourcing partnership you’re about to enter into.
Make sure the outsourced marketing firm has positive feedbacks and reviews from previous clients. This would help keep your mind at rest in terms of what outcome to expect from their service.
Finally, when you have figured out that outsourced marketing is for you, do not delay to implement it.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
A fixed price model aka fixed bid model of outsourcing is an ideal solution for one-time or short-term projects that will last for more than a few months. Giving a detailed and well-defined scope of work specifications explaining the final result of the project delivery to the outsourcing service provider is crucial to the contract.
Pros and Cons of Fixed Price Model
Pros
There are no over-payments as the whole amount or price tag is agreed in advance.
There is no need for supervision because coordinating the development process is done by the service provider. Buyers may also take part if desired.
With a fixed-price model, there are no turn-ups. It works by having a signed statement describing the terms and the timelines.
There is no doubt and need to border whether the working hours are used efficiently or not. Outsourcing service providers are normally encouraged to deliver within the shortest time limit possible without compromises on the quality.
The process involves low or no risk, but you must play it safe. In other words, you have a right to request for revisions or not even pay, if the project delivery doesn’t meet the agreed SOW specifications, as specified in the agreement.
Cons
It takes some time to prepare. As a matter of fact, be prepared to spend up to 2-3 weeks to document all the requirements and deadlines.
There is minimal control of the process. However, you can make your adjustments but the entire management is done by the service providers.
It is deficient in communication as a fixed model doesn’t entail regular interactions between the buyer and provider. All the same, you will not be left in the dark concerning what is happening.
When to Select a Fixed Price Model
This will depend on your response to some questions like:
Can you wholly describe the scope of work and the stages of project milestone achievements?
Will, it did not take more than a few months to complete the project?
Can you agree on the terms of the workflow review?
Is it not likely for you to make any important changes in the final version of the project delivery?
A fixed price model is actually for you if your response is “YES” to most of the questions raised above.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
A lot of businesses and firms do not outsource marketing functions as it should be. Most times, their outsourcing decisions are reactive — they suddenly want to fill the unexpected skillset gap, rather than taking outsourcing for what it is — a strategic business solution with the capacity to greatly improve both the quality and efficiency of their marketing.
It’s only a few of these firms that know it is needful to plan to outsource in advance rather than adopting it as a last resort remedy. But, when you plan to outsource, you are able to make the most of it.
Now, marketing tasks can be routine or specialized. While specialized functions come up once in a while but need a relatively high skill level, routine marketing tasks are repetitive and require only minimal skill but it doesn’t mean they are quite easy to both manage and implement.
These levels of outsourcing marketing activities outlined below are to help you find out your company’s level of investment and how to adopt outsourced marketing.
First Level: Entire Functions Performed In-House – Your firm will fall into this category if it operates at two extremes of sophistication — having a large specialized skilled marketing team, and doing minimal marketing.
Second Level: Outsourced Some Specialized Functions – If your firm is making effort to do a majority of its marketing in-house regardless of whether they are skilled for the tasks or not, then your firm falls in this second category. It means the only time your firm tries to outsource is when there’s no available skill to execute certain tasks such as coding and website design.
Third Level: Specialized Functions Outsourced – The firms under this category would usually keep back routine tasks in-house and outsource all of the technical marketing aspects.
Fourth Level: In this fourth level, companies adopting this approach would outsource some routine tasks and most specialized tasks. So, the in-house marketing team only constitutes a very small number that would handle the tasks that are not outsourced. The external marketing firm takes care of most of its marketing functions and at the same time coordinates with the marketing team in-house.
Fifth Level: At this level, a firm or company outsources all of its marketing functions — this includes the strategizing aspect. The external team will closely liaise with the in-house management team to ensure the marketing strategy falls in line with the firm’s business objectives ad goals. The outsourcing marketing firm will constantly update the in-house team about performance and work in progress.
So, before outsourcing marketing, find out which of this level your company or business falls in so that you can make most of the outsourcing solution.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
Outsourcing, as is done in today’s businesses encompasses every aspect of a business. It broadly covers payroll, IT, marketing, administrative tasks, and legal services and so on. As the year runs out, business process outsourcing would continue to change. There are major advantages, which outsourcing proffers to firms and such includes access to new skills and cheap cost and expanded operational ease of doing work. It is noted that with the coming of 2020, many firms would hire the services of an outsourcing company. These organizations would primarily outsource in order to get more value-added gains.
Reports had it that the major determinants to foster the growth of the outsourcing market are as follows: growing of organization data, increasing the budget for skill acquisition, IT equipment and processing, increased customer analysis, updating of business environment and operation. However, the market is faced with the threat of data privacy, which can obstruct the market’s rise to some degree.
1. Artificial Intelligence (AI) And Robotic Process Automation (RPA)
There are different kinds of benefits imbedded in using AI and RPA. As it stands now, many firms have launched their businesses to be AI and RPA compliant. It is predicted that by 2022, RPA and AI-based businesses would grow from $ 701m in 2017 to $8,130m, indicating an increase of 63%.
AI can do the following things:
Change the universally known way of inputting information.
Eliminates the threat of making errors
It fastens the entry of data, making responsive and safer
Upholds high level of steadiness
Minimizes the use of paper-based information documentation
2. Invest in Cloud computing
One of the newest generational data storage method is known as cloud computing. Organizations with different capacities and sizes are seriously embracing this method of saving data. This provides them with greater speed and efficiency.
3. Increased focus on social media tools and automation
Customer care in any business is handled properly by the use of social media. As it is a trending practice today, many persons expect all companies to be active users of social media. In the years ahead, several companies will intend to outsource a social media specialist to increase the joys of their consumers.
Conclusion:
Over a period of four years, the present technology would pave way for newer ones to take over. It is expected that technologies like RPA, ML, BPM, SaaS, DL, IoT, and blockchain would gradually fade off. Subsequently, the use of voice, image, and video processing will become a major player. This will improve the customer/user experience. Always do consult your IT outsourcing specialist to be updating you on a regular basis.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
