No thanks to the pandemic, running a business is far more difficult right now. This compelled business owners to seek assistance from companies that offer offshore services such as outsourcing services in the Philippines.
Now, like everything else, offshore outsourcing services too have their fair share of advantages and disadvantages. This post, in the following sections, will take a close look into some of them. Let’s begin now, shall we!?
Pros of offshore outsourcing services:-
You will be saving a lot of money
The primary reason why business owners choose to avail outsourcing services from a revered outsourcing company operating from top outsourcing destinations like the Philippines outsourcing is that the cost of outsourcing is lower than hiring new talent.
As per experts in the field, on average, a business can save anywhere between ten to fifteen per cent on overhead costs when they choose to avail outsourcing services instead of hiring new talent when they want to reduce the burden on their workforce or when they have plans to expand but do not have the resources to do so.
Your business will have access to talent that suits your venture the best
In case your business needs a team of researchers who can help test out a new product or service before your company can release it then you would need to hire a team right away but what if you don’t have the financial means at this moment to carry out this step?
Fret not as offshore outsourcing service providers can help you in no time and that too without breaking your bank. Furthermore, offshore outsourcing service providers have a wide pool of talented individuals under their payroll that allows them to cater to the needs of all types of businesses and projects of varying complexities with ease.
Cons of offshore outsourcing:-
You will have less control
When you have a workforce under your payroll, you will have more control over their productivity levels as well the overall quality of work. On top of this, you will also be able to make sure that the work assigned to your team gets delivered on time. This won’t be the case when you are taking assistance from an offshore outsourcing service provider, even if it has a stellar reputation.
There will be cultural and language barriers
Offshore outsourcing companies will be located in distant nations where the culture and the language spoken will be different from the nation you (and your venture) belong to. Hence, there will be lingual and cultural barriers. For instance, it is the middle of summer and your company needs a project completed on time but you have hired the outsourcing services of a company located in a country where there is a national holiday going on at that time. In such a scenario, you would have to extend the deadline of the urgent project as you would have no option left. Get the idea?
It is evident by now that offshore outsourcing could both benefit your company and at the same time add to your worries. The key to it all is to strike a balance and ask your offshore outsourcing partner to offer your business a service package that is not only scalable but at the same time, unique so that they can meet the needs of your venture to the fullest. For more details in this matter, be sure to seek assistance from a revered offshore outsourcing services provider today.