Benefits of Outsourcing Virtual Office, Benefits of Offshore and Office Outsourcing

CenterBP : Explains the various benefits of outsourcing virtual office and offshore and office outsourcing.

Center for Business Planning : Offers various benefits of outsourcing virtual office solutions.

Home > Why Outsource

The most successful businesses of today have gone to outsourcing and now have time and money to spend on differentiating themselvesin the marketplace. If you are looking for
ways to reduce overhead and focus on your core business, now is the perfect time to make the switch to outsourcing.

Outsourcing will allow your staff to focus on their core responsibilities and dedicate their time to higher value business functions.

Outsourcing Benefits:

Improve company focus
Reduce and control operating costs
Free resources for other projects
Gain access to world class capabilities & resources
Reduce time to market
Share risks
Handle functions that are difficult to manage or out of control
Achieve “Best Practices” companywide
Lower costs and save precious capital
Eliminate being strangled by “Operational diversities”
Leverage the talent and skills available in other countries
Enable redefinition of business strategies
Lower operating costs
Allow your core business to thrive
Gain access to world class technology practices
Go hi-tech without any skills or manpower
Re-engineer your business model
Improve knowledge management
Take advantage of resources not available internally

Outsource the smart way!

Smart Sourcing with CBP

Smart Sourcing is outsourcing through a trusted partner that can exercise direct control over outsourcing service providers. Adding another dimension to outsourcing, Smart Sourcing allows you to outsource the management of your outsourcing relationship and eliminate all the potential risks that an outsourcing relationship may involve.

Center for Business Planning is a leading Smart Sourcing partner that has strong alliances with BPO’s and proven outsourcing service providers across the globe. We deal with only the most professional and reputed service providers that have earned our trust over the years. Through CBP, you get a smart, single point access to virtually any outsourced service/function that you may be looking for – be it Outsourcing Finance & Accounting, Condominium Association Management, Marketing Services, Back Room Functions, Document Management, etc.

What’s more, all these outsourced services are provided directly through a single window: The Virtual CBP secure portal (www.virtualCBP.com). Center for Business Planning is a gateway to your outsourced world and offers the easiest and safest way to leverage on the benefits of outsourcing. CBP uses a

Virtual Process Manager (VPM) – a proprietary management framework that supports collaborative business processes. This framework allows for workflow management (work unit allocation, prioritization, document management and tracking), which when combined with the ready capabilities of a professional BPO team provides a compelling, low-cost business process solution.

Smart Sourcing benefits:

Professionals achieve the business goals for you
Do a better job in less time
They do not ask you to buy additional hardware or software
They keep themselves updated through continuous research
They stay tuned to emerging technologies and best practices worldwide
No setup, no training, no lost productivity
No payroll, benefits, or accounting headaches
No locked in contracts
Pay per use model allows your relationship to grow on trust
Allows you to exit/enter whenever you please
Allows you to achieve a competitive advantage and not just a cost advantage
Aligns your business goals to a "Best Practices" model

Benefits of Smart Sourcing with CBP:

Identify the right parts to outsource
Sets realistic expectations on both sides
Always stays involved
Hands on management of whole process
Selects the right service provider for the job
Uses clout with service provider to negotiate deals and ensure timely delivery
Helps you gear up to changes
Access services at the most reasonable rates, on an easy pay per use basis

CBP helps eliminate the following risks:

Strategic Risk
Reputation Risk
Compliance Risk
Operational Risk
Exit Strategy Risk
Counterparty Risk
Country Risk
Contractual Risk
Access Risk
Concentration and Systemic Risk

Look at some of the key differentiators:

Variables	In Sourcing	Outsourcing	Smart Sourcing

Personnel costs	Yes	Some	No
Fringe benefit costs	Yes	Some	No
Materials/supply costs	Yes	No	No
Maintenance/license costs	Yes	No	No
Training costs	Yes	No	No
Additional contract service costs	Yes	No	No
Telecommunications charges	Yes	Reduced	Minimized
New equipment costs	Yes	No	No
New software costs	Yes	No	No
Rent	Yes	No	No
Utilities	Yes	No	No
Travel	Yes	No	No


Direct Benefits	In Sourcing	Outsourcing	Smart Sourcing

Staff time saved	No	Yes	Maximized
New operational efficiencies	No	Yes	Maximized


Indirect Costs	In Sourcing	Outsourcing	Smart Sourcing

Administrative overhead	Yes	Reduced	Minimized
Divisional overhead	Yes	Reduced	No
Costs to other agencies	Yes	No	No
Contract administration costs	No	Yes	No


Other variables	In Sourcing	Outsourcing	Smart Sourcing

Availability	Yes	Yes	Yes
Quality of service	Yes	Yes	Yes
Legal risks	Yes	Yes	No
Security	Yes	Yes	Yes
Sensitivity	Yes	No	Yes
Planning time delays	Yes	No	No
Operational risk	Yes	Yes	No
Technology risk	Yes	Yes	No
Relationship risk	Yes	Yes	No


Financial Accounting Outsourcing (FAO) Benefits Increases efficiency and agility Provides better quality and efficiency Improved reporting Greater technological prowess No software or hardware cost or maintenance More effective business process management Spend saved time working with customers Departments brought to “Best Practices Standards” Electronic banking Electronic invoicing Electronic payables Paperless environment Have every report you need available in real time Tremendous cost savings Variable cost pricing – pay only for what you use No need for seasonal staffing No need for IT services – latest technology employed Available 24/7 from any place anywhere All energy focused on core business functions Higher quality bookkeeping, done quickly at less cost No need to buy additional hardware or software No setup, no training, no lost productivity No payroll, benefits, or accounting headaches Employees remain focused on goals and productivity No fixed overhead Technology Agnostic - no need to learn a new system or adopt a new technology Leave anytime you want - no contracts


	Customized management by Exception Dash Board integrated with electronic banking, invoicing, payables and document management for seamless 24/7 use any place any time.


	Complete "come to market" programs featuring corporate image, brand development, web design, SEO, PPC, collateral, lead generation and snail mail campaigns.


	Comprehensive “Best Practices” level back room support systems enable you and your staff to concentrate solely on your company’s core business.


	No matter what your business is, with the vast array of services offered by CBP, a tailored solution can be offered to exactly fit your operating environment.

Center for Business Planning : Offers various benefits of outsourcing virtual office and offshore and office outsourcing services.