Outsourcing involves the contracting out of a business process to another party

In business, outsourcing involves the contracting of a business process to another party (compare business process outsourcing). The concept “outsourcing” came from American Glossary ‘outside resourcing’ and it dates back to at least 1981. Which means to use outside resources and experts to develop, expand an organization. Outsourcing sometimes involves transferring employees and assets from one firm to another, but not always.

As of Brown and Wilson: “Outsourcing is the act of obtaining services from an external source.”

Mybutler enables high performance for our client’s business operations through outsourcing management. Our experience & capabilities make us a world leader in business process outsourcing and bundled outsourcing. We transform our clients’ business operations, making them smarter, faster and cheaper.

Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring (relocating a business function to another country). Financial savings from lower international labour rates can provide a major motivation for outsourcing or offshoring.

Outsourcing is a very important tool for reducing cost and improving quality. If an organization does one or all its work by itself, its work may affect its production quality. So, an organization must outsource all its non-core activities, from which its cost is reduced and it can deliver high quality products & services.

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