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Home > About US > Why Outsource to GSTi |
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Why should I outsource to GSTi ? |
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Our Experts believe that outsourcing is essential for companies to prosper throughout the business growth for their
success in this 21st century. |
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Who should outsource to GSTi ? |
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Just about everybody: from entrepreneurs in the SOHO (small office home office) segment to small and medium
enterprises (SME), to large businesses and empires with diversified interests and varied business processes. Every
business benefits hugely through outsourcing because technology is changing so fast, it has to be leveraged and
used to the maximum to deliver competitive advantage to a company. |
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Outsourcing gives you:
- A technical and functional edge on the competition -- without capital investment.
- Faster development and start up
- Lower cost
- Enhanced performance
- A better-managed e-business infrastructure
- Reliability
- Security
- Maximizes uptime
- A more effective operating environment at the backend.
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What should I outsource to GSTi ?
We will confine our suggestions to IT and IT-enabled tasks, products and services. But as the world runs on
technology, the list is long:
Web solutions
- Web development
- Web design
- Website security
- Website maintenance
- Web hosting e-commerce: 2B, B2C and C2B
- Transaction management
and more...
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Business process outsourcing (BPO)
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- e-CRM (electronic Customer Relationship Management)
- SCM (Supply Chain Management)
- Back Office
- Payroll
- Billing
- Accounting
- Telemarketing and Call Centers
- Teleservicing and Product Support
And more...
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When should I outsource To GSTi ?
When you're losing focus on your core business because you're too busy handling operations
When you're facing a time, money and human resource crunch .When you have a mission-critical project that
needs all your time and energy, plus specialized skills which aren't readily available When you've got to be the
first into the market to gain the edge
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Yes, but WHERE in India should I outsource?
Start with Bangalore, India's Silicon Valley. GSTi India is strategically positioned in Bangalore and will put you in
touch with the right outsourcing procedures & policies.
According to Dun & Bradstreet's most recent Barometer of Global Outsourcing, outsourcing expenditures will
top $1 trillion worldwide by year end 2000. These expenditures have doubled in just the past three years alone.
North America leads in outsourcing spending, representing 39 percent of the global total, followed by Asia at 31
percent and Europe at 25 percent. |
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The future shape of business is being redefined through outsourcing.
Top US Companies Turning to Business Process Outsourcing
According to a study released by PricewaterhouseCoopers, top US companies are turning to
business
process outsourcing based on interviews with senior executives at more than 100 U.S.
companies averaging about $4.4 billion in yearly revenue.
About 73 percent of U.S. companies interviewed said their companies presently outsource one or more business
processes to external service providers.
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Frequently outsourced business processes:
Benefits management |
51% |
| Payroll |
49% |
| Human resources |
26% |
| Internal auditing |
26% |
The study defines business-process outsourcing (BPO) as the long-term contracting of a non-core business
processes to an outside service provider. |
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Findings of the Study
The findings of the study reflect an increasing interest in, and usage of, Business Process Outsourcing as a strategic
initiative. |
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Business Processes |
Currently Outsourcing |
Best Candidate for BPO
(All Companies) |
Human Resources |
42% |
59% |
Finance and Accounting |
41% |
70% |
Payroll |
37% |
70% |
Real Estate |
32% |
65% |
Procurement |
15% |
33% |
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Organizations are increasingly recognizing the need to manage their company's growth with less infrastructure. Thus,
they are considering outsourcing processes that are essential
| Attitudes towards BPO |
Companies Outsourcing Finance and Accounting |
All Companies |
BPO allows companies to focus on core competencies |
94% |
86% |
BPO allows companies greater efficiencies without having to invest in people and technology |
85% |
76% |
BPO helps companies become more profitable, leading to increase in shareholder value |
77% |
66% |
| BPO will lead to better service levels than internal service departments can provide |
63% |
48% |
BPO will lead to better service levels than internal service departments can provide |
63% |
48% |
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| Satisfaction with BPO |
Companies Outsourcing Finance and Accounting |
All Outsourcers |
Satisfied |
84% |
84% |
Dissatisfied |
13% |
10% |
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More than 8 out of 10 firms (84%) outsourcing Finance and Accounting services are satisfied with their initiatives.
One third of these organizations report that BPO initiatives are in their company's current business plans
Top 3 Strategic
Benefits of BPO |
Companies Outsourcing Finance and Accounting |
All Companies |
Maintain competitive edge |
80% |
67% |
Focus on company's core business |
79% |
75% |
Improve service quality |
77% |
70% |
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In summary, our research suggests that the bottom-line benefits of BPO are beginning to be recognized and
appreciated. Forward thinking CEOs and CFOs are increasingly utilizing BPO as a new strategic tool to improve
their competitive stance, their profitability and ultimately, helping to build shareholder value.
Outsourcing to India through GSTi
We have uniquely placed to offer a wide range of quality, cost-effective outsourced services, such as IT and IT-enabled
services including finance and accounting, human resources and customer care. It reflects & furnishes our Success
Stories efficiently in the global market. If outsourcing is in your business plan, proceed with confidence. Take the step
towards outsourcing through GSTi -USA. We make it easy for you to find the right outsourcing provider. |
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