Right Sourcing
Our Approach
Right-sourcing is a business strategy that involves determining the most appropriate source of talent for a company's various business objectives and functions. This includes deciding whether to perform a specific task in-house, outsource it to a third-party vendor, or use a combination of both.
The importance of right-sourcing for companies lies in its ability to optimize the use of resources while maintaining high levels of efficiency and effectiveness. By choosing the right source for each business function, companies can reduce costs, improve quality, and increase agility, while gaining access to specialized expertise and knowledge that may not be available in-house.
At SolvedAF, we have a 4-step methodology to ensure successful implementation of the right-sourcing model:
Discovery & Planning
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Understand your objectives and initiatives, and related pain points and talent gaps
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Develop a strategic roadmap and project plan
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Determine a right sourcing strategy aligned with company culture
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Select vetted onshore and/or offshore vendor partner(s) that fit best
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Negotiate the scope of work and contract
Integration
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Assess the resource allocation to ensure effectiveness
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Prepare an onboarding plan, including objectives, project plan, and stakeholder alignment
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Train on new systems and SOPs
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Ongoing training and knowledge refreshers
Execution
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Pilot testing of new programs and technologies
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Regular process monitoring
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Finalized dashboards and evaluation matrices
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Regular communication with stakeholders
Performance
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Regular meetings with operational teams and leadership
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Team activities
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Performance evaluation
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Implementation of measures to improve feedback
Benefits of Right-Sourcing
Cost Savings
Right-sourcing can help companies reduce costs by outsourcing non-core activities to external providers who have the expertise and resources to perform these functions more efficiently and cost-effectively.
Access to Specialized Expertise
Outsourcing certain functions to specialized providers allows companies to access a wider range of expertise and skills that may not be available internally.
Increased Flexibility
Right-sourcing enables companies to scale up or down their workforce and resources as needed, allowing for greater flexibility in response to changing market conditions.
Improved Quality
By outsourcing certain functions to specialized providers, companies can often achieve higher quality output and faster turnaround times, leading to greater customer satisfaction.
Why Choose SolvedAF for Offshore Outsourcing?
1
VETTED VENDORS
We have leveraged decades of experience and best practices to select the right vendor partners to deliver a broad range of business process, risk management and technology services. Our partners are mid-to-large organizations with a strong reputation and methodologies.
2
FLEXIBILITY
Each of our vendor partner has a large, qualified talent pool of 250 to 1000 people, allowing you to scale a dedicated in-house team or managed services.
3
EFFICIENCY
Enhance your coverage and quality due to the time difference and quality monitoring.
4
COST ARBITRAGE
Achieve cost savings of up to 70% in recruiting, compensation, benefits, employment insurance, and other employee-related costs.
Business Process Outsourcing Services
Accounting, Bookkeeping & Taxation
Accounts,
Payable+
Receivables
Data Entry & Clerical Support
FP&A & Valuations
Human
Resources
Legal
Service Organization
Controls (SOC 1/SSAE 18)
Cybersecurity (NIST)
Systems Organization
Controls (SOC 2)
Enterprise Risk Management
(COSO/ISO 31000)
Data Privacy
(GDPR/CCA/PIPA)
Risk Management
Outsourcing
Cloud Security Implementation
(ISO 27017:2015)
Quality Management System
(ISO 9001: 2015)
IT Governance (COBIT/ITIL)
Internal Controls (COSO)
Business Continuity
Management
Technology Outsourcing Services
Offshore Provider Assessment and Ongoing Management
Application Management and Development
Web/Mobile Platforms, ERP, ecommerce, CRM & more
Infrastructure
Management
Azure, AWS, On-Prem &
more
Data Analytics
Power BI, Tableau, Power Platform & more
IT Help Desk Support
Service Now, ZenDesk & more
Emerging Technology
Implementation
Blockchain, Web3, RPA & more
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