OSM Associates - Why Out Sourcing

Why Out Sourcing

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Why Out Sourcing

Outsourcing some key functions in one's business operations is now a growing global practice in most organizations. Research has shown that most businesses are better of engaging consultants than keeping employees. Outsourcing will actually help your company grow and save money. In Ghana, most financial institutions have signed with recruiting firms for most of its staff needs for so many obvious reasons. This accounting and financial service option is being recommended to you for the following benefits, which you stand to gain when you sign up;

Focus on core activities. In rapid growth periods, the back-office operations of a company will expand also. This expansion may start to consume resources (human and financial) at the expense of the core activities that is keeping your business moving. Outsourcing those activities will allow refocusing on those business activities that are important without sacrificing quality of service in the back-office.

It is very economical and convenient. You pay for one and you enjoy all the services. No cost of material supply on your part to get the work done. Your overhead cost associated with rendering these services is absolved.

It absolves all employment responsibilities. No commitment for housing loan, car, PAYE, SSNIT, etc attached

. Legal benefits. The consultant is liable to all losses as a result of his service.

Up to date information. Consultants are involved in so many areas of practice and they are always privy to first-hand information.

It minimises your risk. No liability of theft emanating from employee loss of integrity