The Complete Guide to Selecting the Right Offshoring Partner for Your Business
Businesses have long recognised the benefits of offshoring services as an economical upscaling solution. And understanding offshoring workings can shift the game for your company's success. The many advantages that offshoring offers can greatly impact an organisation's expansion and improvement.
To realise the full potential of partnering with an offshore company for your business, you need to prepare, assess, and analyse everything before jumping in. Offshoring should be done in a way that makes sense for your organisation. Read more below for a tried-and-tested guide for selecting the right offshoring partner for you!
Take These Steps: Evaluate and Assess
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Although offshoring operations may seem simple, a strong strategic plan is necessary to ensure successful execution. Before enjoying its advantages, you must first determine which parts or functions of your teams should you offshore. After identifying those, you need to assess your priorities and processes, among other factors.
1. Determine What Creates Value for Your Business
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Having a scoring system is incredibly beneficial in gauging the relevance of the teams you wish to offshore. The value rankings will assist you in determining which teams to transfer and prioritise offshore.
Results may vary depending on your business nature and or sector, so you must do this with your company in mind to best consider which aspects need help and add value to your business.
Take note that offshoring has advantages beyond finances. Knowing them before getting in touch with an offshoring partner will allow you to define better what you want from the service, ensure the effectiveness and functionality of operations, and maximise the benefits.
2. Know the Team Roles That Can Be Offshored
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One of the best things about offshoring for your organisation is that you can do it for any position clearly defined and outlined with a standard operating procedure (SOP).
So, consider the roles you want your offshore team members to fill and the outcomes you want them to achieve. Then, establish your goals and expectations to help you find the best talents and ensure they align with your objectives.
Almost any position level can also be offshored. Offshore teams can handle a variety of mid to high-level jobs, from business development responsibilities to accounting, IT, customer service, etc. With the support of the right offshore partner, filling diverse roles is easier and more convenient, even for management positions to suit your business's growing demands.
We at Unient offer a wide range of roles for the following functions:
- Information Technology (IT)
- Accounting and Finance
- Human Resources (HR)
- Customer Support and Success
- Creatives and Marketing
- Administrative Support
- Legal and Compliance
- Architecture and Design
- Sales and Business Development
Once everything is in order, your offshore teams will start working. And during this time, your offshoring partner will handle legal compliance, tax preparation, and payroll. They can also assist you in developing an SOP that thoroughly covers each phase of the position, performance expectations, and methods for achieving business goals. A flexible partner also allows you to add more roles as needed. If the offshore team needs to be improved, your offshoring partner should be able to train and supervise the members.
3. Choose the Right Offshore Model and Location
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There are several offshore models you can choose from. However, opting for a dedicated team model gives your business the ability to create your own team in close collaboration with your offshoring partner.
With this model, you will have more freedom in recruiting, organising, and growing your dedicated remote team. You will also be involved with the procedures that your dedicated team will carry out. This will give you all-inclusive solutions, including setting up the office and infrastructure, as well as the payroll, HR, and IT services of your offshore workforce.
After deciding to have a dedicated team, it's now time for you to look at where your offshore location will be. Different locations offer different advantages and challenges, so finding the best one for your company is critical.
The Philippines and India are two of the most popular offshoring locations because of their diversified and highly skilled talents, affordable prices, top-notch service offerings, and more. These two countries also have investor-friendly regulations that make it easier for your business to offshore in their land.
What To Look For in an Offshoring Partner
Whether you are re-evaluating your current offshore service provider arrangement or considering partnering with one for the first time, here are some points to consider when choosing the right offshoring partner for your business.
To read more about this, check out this article.
Build Your Offshore Teams
Creating an effective offshore plan is much easier when you have a reliable offshoring partner. You don't have to start from scratch and wait months or years to implement it. Your offshoring partner can help you get started right away.
At Unient, our customised offshore team solutions provide businesses like yours with complete control over their remote team productivity, output quality, and targets while providing comprehensive assistance to make managing offshore staff as simple as possible. Enjoy a full-service approach that includes premium facilities, HR, IT infrastructure, account management, and payroll support services, among other things.
Are you looking for an offshore support service provider? Get a free assessment now, and let us know how we can assist.