4.) Improved Service: Outsourcing can actually help improve service. Marketing and accounting services are some of the most commonly outsourced jobs, and Audix has been working in those specific fields for years. Having an outsource company handle non-core business activities usually leads to better service.
As a result of better communications, outsourcing has helped a number of companies reduce their turn around times. In the big picture, you can reduce time to market on new products and improvements beating rivals that do not outsource. Audix has expert employees along with specialized processes and technology that ensure better quality of output for your company. One advantage of having a vendor contract is that we are bound to certain levels of service and quality. An example of this is if your marketing function is outsourced and the specialist calls in sick, it is our responsibility to find someone to replace them and meet your needs.
Example: We have a client who uses Audix to do their video production on a regular basis. When our cameraman called in sick the night before a big filming event, it was on our shoulders to find a new cameraman for the following day. Everything went seamless for our client and they were able to focus on the fun aspects of the event without having to worry about cameramen or equipment for the filming.
5.) Efficiency: Businesses can spend weeks, just finding people for a particular department. From there, you’re forced to train people and adjust quickly. When it’s all said and done,
your businesses can be left with a huge bill with little to show for the money.
By outsourcing basic business services, your company is able to jump right to the finish line when building a department. Outsourcing not only brings cost advantages but can also improve the efficiency of business operations. If your business goals are properly aligned with the deliverables in outsourcing, productivity and efficiency are bound to increase. Outsourcing providers with the right expertise and experience can actually help streamline business processes and contribute to the bottom-line.
Outsourcing also gives your organization exposure to vendor-specialized systems. Specialization provides more efficiency that allows for a quicker turnaround time and higher levels of quality. Outsourcing lowers the risk of bad quality by adding layers of quality control to ensure a better quality product. Each service that is outsourced passes through a series of review cycles until the work is finalized, in this way, an additional quality check process gets introduced at every stage of the main product development or service providing process.
To be perfectly blunt, some internet marketing related tasks are extremely boring. Most marketers and people in general, don’t like to perform boring tasks but they must in order to make money. Savvy small businesses tend to pass off such duties to someone else. This someone else is almost always an outsourcer, like Audix Business Services.
6.) Risk Management: If your business is launching a new product or offering something new, hiring employees offers little in terms of risk management should the product not do
well on the open market. With outsourced workers, operations can quickly be fine-tuned to meet a skyrocketing demand or a demand that never comes into fruition.
Your organization makes large investments in your operations and has to deal with a number of economic and political changes, which may prove risky for your businesses. By outsourcing, your company is able to reduce some of the associated risks because we also share in some of the costs. This reduces your cost burden. Periods of high employee turnover will add uncertainty and inconsistency to your operations. Outsourcing will provide a level of continuity to your company while reducing the risk that a substandard level of operation would bring to your company.
When certain functions are outsourced, you also distribute or do away with the risks associated with running that particular function. Another type of synergy that can cross corporate boundaries is the sharing of risk. In financial circles, this is called the “portfolio effect.” In investing, it’s best to diversify your portfolio rather than put all your money in one stock. By spreading your risk, you reduce your total risk. Why does diversification reduce risk? If the whole market goes down, you’ll lose, no matter what you do. But if the market goes up while one company makes some serious mistakes, the rest of your portfolio may still do well, and you are not as vulnerable as you would have been had you put all your money into a single stock.
In business investments, the same is generally true. Investing in new technology can be a risky proposition for businesses today. Rather than putting up its own funds, it may make more sense for your business to use outsourcing to ensure that the technology available to you is always up to date and relevant to your needs.
There are many good reasons for outsourcing, and today’s companies will likely continue to use this business strategy in the future.
Example: The human resource manager is on an extended medical leave and the two administrative assistants leave for new jobs in a very short period of time. Outsourcing the human resource function would reduce the risk and allow the company to keep operating. Also, if payroll management is eating up your operational time and money, outsourcing it
to a payroll services provider gives you the freedom to focus your concentration on other core activities of the business.
7.) Freeing up Internal Resources: People are becoming higher commodities in a difficult financial environment, and your company needs as many good people as possible to focus on what really matters. By outsourcing non-core activities, your company frees up time and capital to move the business forward.
Freeing up internal resources that could be put in to effective use for other purposes is also one of the primary benefits realized when you outsource. If you have a large project that needs to be undertaken and requires skills that your staff does not possess, outsourcing of the project will bring people with the skills you need into your company. Your people can work alongside of them to acquire the new skill set. Well-managed outsourcing can enhance the development of employees. Two strategies can accomplish this:
1. Contractors can be used to off-load less interesting “commodity” orend-of-life work, or to handle peak loads. This leaves staff free to pursue new, developmental opportunities. On the other hand, contractors should never be used to perform new, growth-oriented activities while internal staff is left with obsolescent work. This would deny staff learning opportunities, while building dependence on the vendor. Perhaps worse, it sends a message to staff that the company is not willing to invest in their professional growth.
2. Audix can be used to bring in new ideas and to train internal staff. Audix professionals can transfer their skills and methods to improve employees’ effectiveness; they teach staff, often while working together on real projects. Audix consultants may be used by anyone whenever justifiable, since the benefits are lasting.
Example: Not only has Audix taken repetitive, mundane tasks and automated the tasks for the client, but we have also worked closely with our client’s employees to help them determine what tools and methods they can implement to save time and money.
8.) Peace of Mind: Outsourcing agreements offer protection for both parties, and remove any nasty human interactions that can take place when in-house workers are dismissed. Outsourcing companies can also be held responsible for negligence and poor performance in legally binding contracts, further aiding the outsourcing drive.
The liability of a service provider is higher than that of an in-house employee. This makes working with us a safer bet for your business.
Outsourcing can also help improve mental health. Internet marketing, like any other occupation can become stressful. When you have help, you are able to reduce your work-related stress. Working too much is almost never a good idea. Workaholism is a real problem and one that can cause a great deal of stress, anxiety and worry. During times when the job market is tight, outsourcing means your company has access to a larger pool of workers. If your business is open to having some functions performed offsite, then your organization is not limited to considering in house talent only.
Example: We have one client that is so overwhelmed with keeping up with the current demand for their products and services during the first part of the year that they have zero time to do the marketing necessary to keep them bust during the second half of the year. Therefore, they have turned their entire marketing program over to Audix. So, when they get a call in February from someone wanting to sell them advertising, they don’t have to stop serving a customer to evaluate whether or not it is a valuable advertising medium. They stay focused on their customer, and leave the evaluation and strategy to us.
9.) Lower Regulatory Costs: Reducing costs was the original purpose of outsourcing and although outsourcing has since been demonstrated to have other significant advantages, cost reduction still remains one of the prime advantages. Companies look to outsource tasks which would be more costly to complete in-house.
There can be significant cost savings when a business function is outsourced. Employee compensation costs, office space expenses and other costs associated with providing a work space are eliminated and free up resources for other purposes. Economies of scale save money when unit costs go down as volumes increase. External service providers, like Audix can achieve economies of scale unavailable to individual firms when they combine the volumes of multiple companies. Many businesses embrace outsourcing as a way to realize cost savings or better cost control over the outsourced function. Companies usually outsource to a vendor that specializes in a given function and performs that function more efficiently than the company could, simply by virtue of transaction volume.
Example: Audix has several small business clients that may be able to hire an entry level employee, but not necessarily take on all of the additional costs of maintaining a payroll, such as payroll taxes and benefits. They can take the same budget they were going to use on an entry level staff member and get top of the line professionals to assist with marketing, accounting or administrative duties.
10.) Flexibility: With uncertainty in today’s economy, you need the ability to expand or downsize quickly. Unfortunately, that’s not always possible, due to employee lawsuits. By outsourcing, that risk is taken away, allowing your business to adapt quickly to rising or slowing demand. Outsourcing will allow your operations, that have seasonal or cyclical demands, to bring in additional resources when you need them and release them when you’re done.
Even the most well planned projects may suddenly end up behind schedule or under a time crunch due to minor errors, changes in plans or other incidental activities. If you do not have the resources to compensate for these inevitable mishaps you may find yourself in serious trouble if you don’t have the ability to outsource work when necessary.
You can take advantage of outsourcing in times of trouble to help you deal with problems without alienating clients or performing poorly on a project. You can place a vendor on hold if required. Placing a vendor on hold is much easier than laying of an employee. Many outsourcing deals incorporate conditions for change in requirement or termination of contract ensuring flexibility.
When you choose to outsource some job responsibilities, you have the flexibility to buy services only during the times they are needed. Contracts can be written to hire a contractor for a
specific time, for a specific project only, or on an as-needed basis. You pay only for work performed, as opposed to paying a salary to an employee on a regular basis. A possible pitfall in this reasoning is that many vendors demand long-term contracts, which may reduce flexibility. Audix Business Services does not require long-term contracts.
Example: We have a client who gets so bogged down during March and April with tax preparation that they don’t prepare their client’s regular monthly corporate and personal financial statements. So, for just a couple of months out of the year, they use Audix accounting services to help them meet those obligations.
Entrepreneurs and small business owners often work more hours than they care to admit, causing stress on their bodies and in their relationships. The thought of hiring help can be even more stressful…where do you look? How do you hire quality people? What if the workload doesn’t hold out and you have to let them go? Audix has several clients that feel the same way and we are happy to help with some of the some of the workload, even if it’s just for a limited time.
As you can imagine, automation can save your company a fair chunk of change every month as well as generate additional revenue. Audix recently developed some custom software
for one of our clients that cut their time on a repetitive task in half, thus freeing up their staff to focus on bringing in more business! Are there areas of your business that chew up
a lot of your time? Sometimes there is a very quick and simple solution. Call or email us today to set up a no-obligation consultation.
Sneak Peak
Get a glimpse of the new Able-Differently website that Audix has been working on before it launches!
The Audix team came up with a new design and converted their existing website with over 150 pages to a WordPress theme. The new WordPress theme will allow the staff and volunteers at Able-Differently to manipulate and add content to their website with little or no knowledge of web programming skills. The ability to manage their own content will prove to be a major cost savings down the road.
The Able-Differently website is a valuable resource for the parents of autistic children, as well as professionals who work with autistic children. As Able-Differently adds more content to their website, more parents will be able to learn about autism and how to enrich their child’s life. It has been a great honor for Audix to be involved in bringing this valuable information to the cloud in a more readable format.
Many users of the site have commented on how much easier it is to navigate and find the information they are looking for. It is the hope of Able-Differently and Audix that some of the new features of the website will encourage more people to donate to this wonderful charity.