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:
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Cost Reduction | |
Through scale and best practices, Octagon can typically provide services less expensively than internal or shared services units. |
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Variable vs. Fixed Cost Structure | |
Allowing organizations to match activity (business volume) levels with cost significantly reduces cost associated with highly cyclical business patterns. |
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Greater Cost Predictability | |
Fixed term transaction based pricing provides increased budget certainty while mitigating risk associated with uncontrolled cost increases. |
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World Class Competencies | |
Access to New Technology and Skills | |
Our work processes and technology platforms are flexible and scalable ensuring long-term solution viability. |
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Enhanced Service Levels |
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Strict contractual service level commitments typically increase customer satisfaction to end customers. |
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Leverage Best Practices |
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Experience across many industry sectors and service lines drives innovation unable to be achieved through internal or shared services units. |
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Speed and Flexibility | |
Mergers and Acquisitions |
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Outsourcing allows organizations the ability to focus on integrating the value add departments and not the back office. |
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Economic Uncertainty |
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Outsourcing allows the flexibility to ramp up or down quickly |
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Core Competency Focus | |
Drive Shareholder Value |
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When competitive differentiation is essential, outsourcing allows for companies to deploy internal resources, management talent and capital for mission-critical functions. |
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