Thursday, January 19, 2017

Five Non-Core Functions You Should Outsource Now

Every business, no matter how big or small, has some functions that are not the main function of the company. Employing people in-house to perform these tasks can be expensive and might cause the company to be less profitable than it could be.

If this is the case, you might consider outsourcing some of the non-core functions to an overseas virtual office assistant or payroll department that speaks excellent English and has a strong work-ethic. 

Before you do this, you need to identify areas that are not the essential aspects of your business. Read this helpful guide in order to find out more.

Personal Assistance

A personal assistant can help you to arrange meetings and to take notes. This is something that can be delegated to a virtual assistant in the Philippines, which will be just as efficient and will cost the business much less. The standard of English in the Philippines is excellent, due to the fact that schools there follow an American curriculum and they are quick learners. This will ensure that there are no misunderstandings or breakdowns in communication.

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You will be able to get on with your day as normal, whilst being able to keep in contact with the personal assistant through a variety of communication channels.

When you are choosing an assistant, remember that it is a very good idea to shop around. Compare several different companies which offer this service. 


Data Entry

Data entry can be a time-consuming task for your employees when they could be doing other more vital tasks. This is one of the most common tasks to outsource abroad to a company that specialises in data entry. You will be able to leave this in their capable hands whilst your employees can focus on other areas of the business. There are many companies who will be able to provide fast and accurate data entry, whatever format the data entry takes.

Bookkeeping

Bookkeeping involves keeping track of all the company income and expenditure in order to work out how much profit the business is actually making. This is a relatively straightforward process for someone with a head for numbers and scrupulous attention to detail. Instead of employing someone in-house to do this, why not save some money by using a third-party company?

Payroll

The payroll department of a company is responsible for making sure that everyone is paid on time and with the correct amount. Calculations also need to be made when it comes to pension and income tax deductions. This can be handled by business process outsourcing, allowing you to spend the money that is saved in other areas of the business.

Manufacturing

Manufacturing costs can be lowered if you choose to have goods made overseas.

Use this guide to understand the non-core functions of a business that can be delegated.

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