A number of private nonprofit and charity organizations have started to turn towards back office outsourcing for saving a healthy sum off their budgets.
According to a recent research taken out by a philanthropy source, in the past decade or so, about 80,000 new organizations have formed within the United States. In the past, organizations, small or big, didn’t pay much attention towards back office operations; however, it used to cost a lot and consumed a major part of a company’s budget, and if ignored, became a source of loss on the long run. According to the study, majority of the companies that are founded, initially do not have a budget of more than $1 million, which often isn’t enough to help the company grow, and brings it towards crises on the long run.
However, lately majority of the newly initiated businesses have been turning towards back office outsourcing, which releases them of a lot of burden and also results in huge cost cut. Majority of the nonprofit organizations opening around the globe are turning towards outsourcing for the same reason. It saves them up to 25 to 55 percent budget which they can use for a better cause. For a charity organization can never have enough of the money being spent in a cause, outsourcing gives them a fair save. In the coming time, outsourcing is going to become one of the essential parts of any nonprofit organization.
Outsourcing is already gradually becoming one of the most common business practices of the day. A number of companies are turning towards outsourcing for cost cut. Offshoring has become a very famous practice among the developed countries too. These businesses are outsourcing various fields such as IT, call centers and HR services to countries belonging to third world countries, for once to get access to global talent and secondly to save budget and time for core activities that will help the company in growing.
About Kaya Systems:
Kaya Systems creates solutions to client challenges by leveraging technology and business process expertise. Their strength lies in ability to combine onshore and offshore resources to deliver quality solution at the best possible price. Their portfolio of services includes Business Process Outsourcing (BPO) and Knowledge Process Outsourcing (KPO); Technology; Consulting; and Small Business services. They can be contacted @ 1-706-534-2284, or via fax @ 66-342-9582 or through website at: http://www.kayasystems.com/