Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
• Enables business to concentrate on core business activities.
• Use of manpower for more important functions
• Investment in fixed assets reduced/minimized.
• Substantial Savings in Cost.
• Services of experts made available.
• Improved Internal Controls
• Enhanced reporting capabilities to provide more timely and accurate financial data
• Off-site Backup of Data.