Outsourcing

Outsourcing Solutions

     Unlike the popular belief that outsourcing is a recent phenomenon, it actually has been in existence as long as work specialization has existed. In fact, companies have been known to have used outsourcing in some form or the other since a long long time. Typically, companies have been known to outsource those functions that are considered non-core to the business or such functions which needed specialized skills unavailable in the open market.

      Of late, outsourcing has been attracting a lot of debates. And the main reason for the ongoing debate is the emergence of service providers from various countries trying to provide services in foreign locations. To understand the growing debate on outsourcing, it is pertinent to understand the pros and cons of outsourcing.

The main advantages for business to opt for outsourcing with Haywood NP Consulting are:

1. Cost Savings:- The costs associated with an in-house employee is always higher than the cost of an outside service provider and this is the primary reason for most of businesses to opt for outsourcing non-core functions.

          In-house employee                          Outsourcing /HNPC

         $45,000 annually                               $9,000 annually

         Services                                             Services
         Accounting                                          Payroll
                                                                    Accounting
                                                                    Human Resource

2. Quality services:- Since Haywood NP Consulting, as a third party service provider excel at the services we provide, businesses are guaranteed of better quality than an in-house employee would give. Additionally, as a service provider we always look to give the best of services since our reputation is at stake.

3. Access to specialized skills:- Haywood NP Consulting serves as an expert at the service that we provides. In fact, to stay ahead of the competition, Our employees are required to obtain 20 hours of continued education within their specialized field of study. Also, our staff consist of "the best of the best", Forensic Accountants, Global Professional Human Resource Managers, Certified Payroll and Benefit Specialist, with no less than 10 years of expereience within their specialized skills in their areas of training. By outsourcing to Haywood NP Consulting, business gets access to all specialized trained professionals.

4. Contractual Obligation:- The liability of a Haywood NP Consulting as a service provider is higher than that of an in-house employee. This makes working with us a safer bet for businesses.

5. Staffing issues:- By outsourcing a non-core function, our clients avoid all the headache associated with recruiting and hiring staff for such non-core function.

6. Risk Mitigation:- Many times, non-core functions becomes critical and needs skilled intervention, which our clients may be lacking. At such time Haywood NP Consulting, because of the level of professionals and the talent pool of the support staff, it places the client in a much better position to counter any kind of risks.

7. Capacity Management:- There may be times when the non-core function may need a specialist to meet deadline. In such times, it would become difficult for an in-house employee to tackle the pressure. However, if the function is outsourced, the headache of meeting the deadline is on Haywood NP Consulting. Besides, since we would have a significantly large talent pool at our disposal, we can easily tide over such issues.