Outsourcing is a great way to cut costs, spread risk and access expertise. But how do you find the right outsourced supplier? Follow these 6 easy steps to find your perfect match:
1. Quality and Reliability
The quality of your supplier will have a direct impact on the performance of your business as a whole. After all, your customers will only see your end-product or service. Also ensure that they offer a reliable service. If you are let down by their services, you risk disappointing your customers.
Experience in their sector is essential; the right supplier should know how to deliver services in your industry, or at least have experience in delivering services similar to those you are searching for. Ask for references!
3. Speed and Flexibility
Your outsourced supplier must be able to respond to the changing needs of your business. They should be flexible enough to adapt to these needs and any emergencies that may arise. Essentially, they should be an extension of your team.
Value = benefit / cost, therefore receiving value for money does not necessarily mean going with the cheapest option. Decide how much you are willing to pay for support – strike a balance between cost, quality, reliability and service.
A supplier’s culture encapsulates what they stand for – for example, their customs and common behaviours. If your supplier operates in a way similar to your own, you will be working towards goals that are alike.
You need to be able to communicate well with your outsourced supplier. They should be in contact with you on a regular basis to find out your current needs and how they will be able to better support you in the future.
Find out more about how SmartPA’s outsourced back-office support services can help you and your business today.