By outsourcing, the accounting division and recruitment process of the company can become strong and reliable. The company can full time accountant(s) as well as supervision by professionals at less costs. Outsourcing has evolved from a tactical, cost control mechanism to a strategy that can assist in changing or evolving a company's market position.

As companies face a more challenging and unpredictable business environment, the need to develop a clearly defined outsourcing strategy that is aligned with a business strategy therefore enhancing business execution becomes imperative. The decision to outsource therefore is moving into the boardroom and is becoming the key strategy to improve or transform business.

The benefits of outsourcing in today's business environment are clear:

1. COST SAVINGS

Cost Reduction- Through scale and best practices, Manpro can typically provide services less expensively than internal or shared services.

Variable vs. Fixed Cost Structure- allowing organizations to match activity (business volume) levels with cost significantly reduce cost associates with highly cyclical business patterns.

Greater Cost Predictability- Fixed term Transaction based pricing provides increased budget certainty while mitigating risk associated with uncontrolled cost increases.

2. WORLD CLASS COMPETENCIES

Access to New Technology and Skills- Our work processes and technology platforms are flexible and scalable ensuring long-term solution viability.

Enhanced Service Levels- Strict contractual service level commitments typically increase customer satisfaction to end customers.

Leverage Best Practices- Experience across many industry sectors and service lines drives innovation unable to be achieved through internal or shared services units.

3. SPEED & FLEXIBILITY

Mergers and Acquisitions- Outsourcing allows organizations the ability to focus on integrating the value add departments and not the back office.

Economic Uncertainty- Outsourcing allows the flexibility to ramp up or down quickly.

While these traditional benefits are important, outsourcing itself is undergoing an evolutionary change. The increasing complexity and volatility of the business environment has compelled companies to evaluate their strategies, competencies and resources and are now migrating to a more complete "end-to-end" outsourcing delivery model that involves long-term relationships that focus on total "one point accountability" to managing essential business results. This approach provides both parties greater flexibility to meet the changing market dynamics.

Because pressure for return on investment is high, outsourcing with world-class providers is critical for companies as they move forward in these volatile times. Additionally, the investment community is scrutinizing corporate performance at an unprecedented level of detail. All this is requiring fundamental changes in the ways companies approach the economy. Through Manpro’s outsourcing solutions, we are able to partner with our clients to meet these complex market demands.

Why is outsourcing to India important for companies:

India is fast emerging as the destination of choice for global corporations looking to improve service levels and derive quantum gains in their bottom-line. Leading companies that use India-based services include Amazon.com, Aetna, American Express, AXA, Bank of America, British Airways, Citigroup, Conseco, Dell, Ford, GE, Guardian, HSBC, Microsoft, Sprint, etc. Large corporations have setup their own captive operations to outsource their back-office processes to India. This has resulted in the creation of a vast talent pool. Medium and small organizations are outsourcing to business partners in India through either one of the following relationships:

1. Traditional outsourcing relationship
2. Joint Venture
3. BOT (Build-Operate-Transfer)
4. Strategic investment

Sailent Advantages:

• Lower costs
• Access to a large pool of intellectual capital / talented engineers
• Higher Productivity rates
• Quality processes
• Ability to leverage time zone differences
• Company can focus on core functions
• Creating a new model of delivery

Advantage India is more clearly reflected in the country-wise comparison below: