outsource

"Most large companies regard finance and accounting functions as non-core to their basic business, and about 40 percent outsource one or more of these functions," says PricewaterhouseCoopers' Joseph Vales, managing director of the firm's business process outsourcing practice.

However, larger servicers are also more likely to outsource only a portion of the particular function rather than the entire function.

Almost all outsource arrangements--regardless of what is being outsourced--have room for improvement.

With a new and expensive security system in place, property owners are left with only two options: run the system themselves or outsource.

IN ORDER TO REMAIN competitive in today's global marketplace, organizations are turning their focus towards their core competencies and looking to outsource functions in which they lack expertise to maintain effective cost structures and to improve their bottom lines.

In addition, these solutions can enable enterprises to outsource tactical, administrative functions to allow a greater focus on strategic activities."

GE, like other large firms that outsource IT and business processing, is considering moving other operations to China as an alternative.

As information becomes the core business asset, the question is not whether businesses will leverage an outsource partner; the question is which infrastructure components will they outsource.

The report also reveals that 27 percent of WAN users elect to outsource their management.

However, as outsourcing assumes a more strategic role in corporations, the greatest benefits derive from the ability of a corporation's management to focus their time and resources on their company's core competencies (see "Why Companies Outsource").

Francistown South MP, Mr Wynter Mmolotsi had asked how many jobs were exported to other countries in the name of outsourcing services such as auditing, accounting, marketing by companies based in Botswana and why those companies were allowed to outsource services when qualified locals were available to perform such functions.

Insurance companies are also now not allowed to outsource solicitation activities as defined in the new guidelines except to the extent allowed under the telemarketing guidelines issued by the Insurance Commission, and loss adjustment.