January 6, 2020
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.
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.
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 both of these models.
To find out how outsourcing or co-sourcing can help your Fintech business succeed in a competitive market space, call Outsourced on +61 2 8484 0400 or send us an enquiry today.
Extremely professional
"Outsourced are an extremely professional organisation, easy to to do business with and lightening fast at sorting things out. The staff are super friendly with a 'can do' attitude. They also treat our team very well and we have no complaints (happy productive staff means a happy client)."
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."
Great support team
“Outsourced have a great office space and a great support team who are always willing to help. We were able to pivot quickly and within 6 weeks we were able to start our team. We are very happy with Outsourced.”
There are hundreds of roles we can recruit for you in the Philippines. Below is a list of some of the most popular roles our client’s request within each industry.
Request a call back from our expert recruitment specialists to see how Outsourced can grow and manage your offshore staff.