What Is Co-Sourcing And Do You Need It?

If your company needs to access skilled specialists quickly and for short durations, co-sourcing in the Philippines might be a viable solution. This is one of the services provided by Outsourced, but we also provide a range of other similar services to companies in the Philippines. These include staff or employee leasing, managed operations and offshore outsourcing. Since these are all very similar, a few definitions are in order.

What is co-sourcing in the Philippines?

Co-sourcing in the Philippines is a type of outsourcing where the employees are under the direct control of your company. They operate within your boundaries and standards, work as a team with your in-house staff, and gain a unique understanding of your business. This knowledge base is brought to each short term project and can be leveraged by your in-house staff. Co-sourcing fosters employee engagement and ownership, and co-sourced employees often become a valuable extension of your in-house expertise.

Teamwork between outsourced and in-house staff help businesses lower their overall costs, whilst still maintaining control of their client relationships. It’s based more on the essence of a partnership than a contractual relationship, as the outsourced experts assume a shared responsibility for the deliverables. Co-sourcing in the Philippines works well for companies that take advantage of cloud based technology,  but do not have the financial resources to set up a specialised in-house team.

What are managed operations?

Managed operations is another way to describe employees who are outsourced, but it also has a specific meaning. When you invest in managed operations in the Philippines, essentially […]

By |January 13th, 2020|General|Comments Off on What Is Co-Sourcing And Do You Need It?

How To Take Your Fintech Company To The Next Level

Fintech Outsourcing - Outsourced.Ph

The road to success for new Fintech companies is paved with challenges. This is because the whole Fintech industry is founded on innovative software that constantly changes as technology advances. Solid funding, specialist financial staff, and an inherent ability to adapt quickly are the cornerstones of success in this industry.

For Fintech startups, finding and hiring specialist staff can be a significant challenge, particularly when the industry is under constant motion. Smart Fintech recruitment demands a diverse range of specialist staff to help companies achieve a competitive edge, but this is costly and can often be outside the financial capabilities of startups.

The key to a lack in specialist resources for short term projects is to include outsourcing and co-sourcing in a company’s business model. This allows the company to optimise its flexibility and adapt quickly in a highly competitive market space.

Fintech outsourcing vs Fintech co-sourcing

The big difference between outsourcing and co-sourcing is the amount of control and flexibility that the company retains over the project. Fintech outsourcing is popular for large, complex or long term projects, whilst co-sourcing is popular for multiple short term projects that require a dedicated skill set for a fixed period of time.

Advantages of Fintech recruitment using outsourcing or co-sourcing models

Of course, Fintech companies don’t need to select one business model over another, they can use both outsourcing and co-sourcing to achieve their goals. Whilst there are specific benefits to each of these business models, there are also five advantages that are common to […]

By |January 6th, 2020|Outsourcing Staff|Comments Off on How To Take Your Fintech Company To The Next Level

Happy client testimonials

Extension of our company

"We have been so happy with the people they have brought on board we have decide to expand the operation. This is testament to the flexibility and determination of the Outsourced team who have been more like an extension of our company rather than a 3rd party."

Incredibly helpful

"Outsourced have been an enormous support and very patient as we progress down the outsourcing path. They have integrated perfectly into our team and with all interactions with Outsourced staff we have found them to be incredibly helpful and accommodating."

High quality

"I want to stress that we have greatly appreciated the services of Outsourced, the service has been exemplary and the work high quality; the staff have been a pleasure to work with. We would like to retain an ongoing relationship with Outsourced."