You must decide which tasks to outsource, whom to hire for these tasks, how to manage the project, how to agree on payment terms, and how to achieve the desired results.
FORMS OF OUTSOURCING
It is entirely possible to outsource practically every business process within an organization
Enable a business to post a project and receive bids from experts.
Match companies with freelance professionals, consultants, and independent contractors .
Enables businesses to use a centralized location to post their project, receive bids on that project, communicate with potential providers, choose a winning bid (either based on credentials or lowest cost bid), manage project specifications, receive delivered project and make final payment based on the terms of the auction.
By posting a project to the SmartyLance marketplace, businesses are forcing service providers to improve the overall quality and value for the project as well as forcing the service providers to adjust to market conditions in a practical, intelligent manner to win YOUR business. This translates to better quality and LOWER cost.
Example: Logo Design Project
Company A compiles a list of potential service providers using the yellow pages
Company A submits an RFP to each design firm on the list
Company A limits its ability to save by not creating a competitive environment
Company B posts their Logo Design project to the SmartyLance marketplace
Company B receives competitive bids from designers worldwide
Company B manages the entire project through their SmartyLance account
To Outsource or Not To Outsource?
Risks are inherent in ANY new business strategy or thought process, however risk CAN be managed. By intelligently choosing a provider that matches your intended skill requirements, carefully detailing and outlining project requirements and ensuring that you maintain the requirements within budget, the benefits of outsourcing far outweigh the risks.
Commonly Outsourced Business Processes
Accounting & Finance
Graphic Design & Multimedia
Sales & Telemarketing
Web Design & Development
Administrative Support & Data Entry
Software & Database Development
RETURN ON INVESTMENT * * For illustrative purposes only. Not representative of actual return on investment. Your return on investment may be higher or lower.
Time Savings PLUS $$$$ Savings PLUS Unlimited Talent Pool EQUALS SmartyLance.com