HR OUTSOURCING OPTIONS
Outsourcing certain strategic and non-strategic processes
can help organizations to focus on core business objectives
as long as the selected provider delivers equal or improved
HR services at an acceptable cost. Application Service Providers
(ASPs) are created as a pure hosting service for application
software via the internet. ASPs distribute applications or
services through a network to many customers in exchange for
a stream of smaller payments as opposed to one lump-sum price.
As a way of controlling long-term capital expenses, they are
an important alternative, not only for smaller companies with
limited IT budgets, but also for larger companies.
According to research firm Gartner, business process outsourcing
(BPO) is estimated to reach $50 billion in 2003. This model
delegates one or more IT-intensive business processes to an
external provider that, in turn, owns, administers, and manages
the selected process(es) based upon defined and measurable
performance metrics. As organizations become more attuned
to improving internal efficiencies, BPO is introduced as a
business strategy that provides access to “best in class”
processes, ROI measurement, and cost predictability.
WorkStrategy can assist you with your outsourcing solution
by providing an objective analysis of your current systems,
HR administrative costs and business processes.
Contact us at info@workstrategy.com
for more information.
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