Your SlideShare is downloading. ×
0
HOW OUTSOURCING CAN
UNLOCK YOUR BUSINESS
POTENTIAL
Marie Pegram
Website: www.virtualsource.co.uk
Tel: 01462 687 339
Website: www.virtualsource.co.uk
Tel: 01462 687 339
• All important functions of a business but do not directly generate s...
Website: www.virtualsource.co.uk
Tel: 01462 687 339

 Spend the time on what you do best!
 Remember why you went into b...
Website: www.virtualsource.co.uk
Tel: 01462 687 339
Reduction in costs
 Employing people is an expensive
business:
• Leve...
Website: www.virtualsource.co.uk
Tel: 01462 687 339
 Regulatory burden increases year-on-year.
 Regulations change and n...
Website: www.virtualsource.co.uk
Tel: 01462 687 339
 Accurate and up-to-date management information is essential in makin...
Website: www.virtualsource.co.uk
Tel: 01462 687 339
The main advantages of outsourcing are:
 Reduction in time spent work...
Thank you
Marie Pegram
Website: www.virtualsource.co.uk
Tel: 01462 687 339
Upcoming SlideShare
Loading in...5
×

Marie Pegram - Virtual Business Source - Sept 26th

137

Published on

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
137
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
5
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "Marie Pegram - Virtual Business Source - Sept 26th"

  1. 1. HOW OUTSOURCING CAN UNLOCK YOUR BUSINESS POTENTIAL Marie Pegram Website: www.virtualsource.co.uk Tel: 01462 687 339
  2. 2. Website: www.virtualsource.co.uk Tel: 01462 687 339 • All important functions of a business but do not directly generate sales to drive the business forward. Outsourcing – The overview Outsourced Services Human Resources PayrollBookkeeping Management Accounting I.T.Marketing
  3. 3. Website: www.virtualsource.co.uk Tel: 01462 687 339   Spend the time on what you do best!  Remember why you went into business in the first place. How do you use your time? Time spent on the mundane day-to-day tasks of running your business Time spent on generating new business or fulfilling current opportunities VS
  4. 4. Website: www.virtualsource.co.uk Tel: 01462 687 339 Reduction in costs  Employing people is an expensive business: • Level of knowledge and expertise • Management • Training • Office space • Holiday and sickness payments  Deciding when to add people to the payroll when business activity increases and coping with the increase in cost can be extremely tough.  Not to mention possibility of redundancies if the increase in business activity is not sustainable.  Access to the best technology and software without the expense and training. Level of Activity Cost (£) Staff costs: In-house Outsourced
  5. 5. Website: www.virtualsource.co.uk Tel: 01462 687 339  Regulatory burden increases year-on-year.  Regulations change and new requirements are introduced.  Understanding regulatory requirements and keeping up-to- date with developments is essential, for example:  If outsourced this would be handled by specialists with up-to-date knowledge and wider sector experience. Managing Risk and Compliance Auto-enrolment AWR RTI
  6. 6. Website: www.virtualsource.co.uk Tel: 01462 687 339  Accurate and up-to-date management information is essential in making those business decisions and keeping control of the business.  Quality and timely management information ensures better informed decisions.  Recruitment sector is a highly competitive market, therefore keeping track of competitors is important.  Finding the time and expertise to produce this information is very difficult.  If this business function was outsourced:  Instant access to expert systems and processes  Information produced on time and to a high quality  Allows you to spend time focusing on more business related tasks  Specific KPIs that are useful to your business  Keeping ahead of competition with up-to-date information and benchmarking Management Information
  7. 7. Website: www.virtualsource.co.uk Tel: 01462 687 339 The main advantages of outsourcing are:  Reduction in time spent working ‘in’ your business than ‘on’ your business.  Reduction in costs with instant access to expertise and software.  Costs increase gradually as business activity increases instead of a large ‘step up’ from employing more staff.  Reduction in risk of not complying with regulation requirements.  Up-to-date, accurate management information to make informed business decisions.  Value for money without losing control. Summary
  8. 8. Thank you Marie Pegram Website: www.virtualsource.co.uk Tel: 01462 687 339
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×