Driven by the desire to reduce costs, gain greater access to qualified talents and focus more on core competencies, companies have turned to outsourcing as a means of gaining enhanced competitiveness.
Outsourcing can enable organisations to compete more effectively by transforming their internal operations through:
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centralising common support functions such as finance, HR and IT and develop shared services functions to avoid duplication of effort and achieve economies of scale |
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outsourcing non-core support functions or business processes to external service providers who have superior practices, skills and infrastructure. |
While outsourcing provides excellent business opportunities and advantages, it brings with it additional business risks. Our multidisciplinary team can help our clients sort through tax, regulatory, accounting, and technology risk management, as well as other issues in the outsourcing process.
In addition, KPMG's Shared Services and Outsourcing Advisory can help:
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develop a outsourcing strategy and execution plan |
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implement a outsourcing project plan |
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establish an appropriate governance structure to address process controls, organisational requirements, and jurisdiction nuances |
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transition disparate operations to a centralised, standardised shared service or outsourced environment |
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evolve outsourcing strategies to consider new models, services, vendors and deal structures |
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establish and integrate effective project, risk and change management processes into the outsourcing life cycle. |