Outsourcing : Driving Efficiency and Growth
Businesses open to outsourcing
Two in five mid-market businesses around the world either currently outsource a back-office process, or plans to in the near future. That is the key finding from our new report - Outsourcing: driving efficiency and growth - which looks to better understand attitudes to outsourcing: Why and what functions are businesses outsourcing? What is preventing businesses from outsourcing? And how can these obstacles can be overcome?
The benefits outsourcing can offer businesses are widely recognised, with the principal drivers being desire to find efficiencies (57%) or to reduce cost (55%). Tax and accounting (49%) and IT (46%) are the main processes companies currently outsource.
However, a majority of business leaders remain reluctant to outsource; the principal barrier emerges as an unwillingness to lose control of a key process (44%) followed by the high cost of implementation (32%) and the risk involved with contracting out a key process (27%).
Obtaining a strategic advantage
Dynamic organizations need to focus their energies on driving the business forward and outsourcing could help you achieve this.
Transferring certain services to a third party not only allows you to concentrate on your core business, it can also improve efficiency and cut costs.
At Grant Thornton, outsourcing represents more than US$250 million of our business. Whatever the size of your organization or wherever you are in the world, we apply both reason and instinct to make sure your business is running as effectively as possible.
Why choose Grant Thornton
Globally Grant Thornton has Outsourcing revenues of $217m, with over 1,000 staff serving the Outsourcing needs of our clients. We offer world-class service both here in Japan and internationally.
When it comes to outsourcing, we don’t believe in off-the-shelf solutions. We listen carefully to your business needs and deliver comprehensive, efficient and confidential services.
As an internationally respected organization with a presence in more than 130 countries, we can bring our experience to any cross-border transaction. But we haven’t lost the local touch and can also act on a national and regional basis. This means you’ll get the best of both worlds: a global name at a local level.