by adminaccretion | Feb 16, 2016 | Articles
NEW YORK, Dec. 10, 2014 /PRNewswire-iReach/ — Accretion, a company that offers expertise in offshoring personnel and additional outsourcing services, carves its niche in the ever growing market of business solution companies. With clients such as First Fidelity Insurance Brokerage and EMSA Energy, it truly stands up to its definition: the process of growth or increase, typically by the gradual accumulation of additional layers or matter. Outsourcing and offshoring, recently finding itself in the political news, has shown its benefits time and again for growing American based companies. Accretion uses its expertise in recruiting, integration, cost optimization, and cultural understanding to help companies not only reduce overhead, but allow for higher margin profits to then reinvest in the American market. “Accretion has proved that their prowess in personnel management solutions is a science with which they have perfected. They have taken what most would find a cumbersome transition, and made it seamless,” says Emil Hristov, owner of EMSA Energy and current Accretion client. Finding their roots in the United States, the team at Accretion has pinpointed many obvious problems with typical outsourcing. They have therefore chosen to perfect their services of offshoring. As it states, offshoring, is the practice of having work done out of the country, but with Accretions model, not out of your control. Instead of just becoming a number at an outsourcing behemoth, the client helps build and continues to oversee their own dedicated team at a location in Eastern Europe. Although offshoring is not a new idea, it is a solid one. Accretion aims to prove the many business leaders, that believe it’s benefits and...
by adminaccretion | Feb 16, 2016 | Articles
Outsourcing, also known as Business Process Outsourcing (BPO),is the process of hiring another individual or company, either domestically or internationally, to handle business activities for you. It is the practice of sending select job functions outside a company, instead of handling them in house. With the growth of virtual offices and teams, outsourcing continues to grow in popularity. For startups in particular, it is also a strategic way to save money by avoiding the costs of hiring employees that may require a work space and benefits. Business owners realize that there are many reasons that companies, both big and small, outsource various jobs. However, the most prominent advantage is the fact that it saves money. Many individuals or companies that provide outsourcing services are able to do the work for considerably less money, as their employees do not require benefits. Startup companies typically save the most money by using outsourcing services. The most common jobs that are outsourced are administrative jobs such as data entry/processing, customer support, and payroll processing. Listed below are several critical ways in which outsourcing can save you money: Lower Costs: Lower costs are the primary reason businesses decide to outsource. Outsourcing allows businesses to operate at a lower cost. Investors view outsourcing positively, as it allows companies to put more capital into revenue producing activities. Outsourcing can deliver significant cost savings in comparison to the cost of in-house services. First, the company can lower the cost of labor. Lower direct salary costs may be applicable if the provider operates from a lower cost location. Second, monthly rental/ mortgage and utility bills can be lowered....