In today’s fast-paced business landscape, staying competitive requires more than just talent—it demands efficiency, flexibility, and strategic focus. That’s where outsourcing comes in as a game-changer for enterprises and accountants alike. Here are some key figures and statistics based on verified research that illustrate the benefits of offshore outsourcing:

Cost Savings:

• Research by Deloitte indicates that businesses can achieve cost savings of up to 70% by outsourcing certain functions to offshore locations.
• According to Statista, labor cost savings remain the primary driver of outsourcing, with an average cost reduction of 60% for companies outsourcing to offshore locations.

Global Talent Access:

• The Global Outsourcing Survey by PwC found that 87% of organizations outsource to gain access to specialized skills and expertise not available in-house.
• A survey by Clutch.co reported that 52% of companies outsource to access global talent.

Increased Efficiency:

• A study by the Outsourcing Institute found that 70% of organizations outsource to improve business focus and access best practices, leading to increased efficiency.

Quality and Compliance:

• The International Association of Outsourcing Professionals (IAOP) reported that 90% of organizations believe outsourcing providers deliver the same or better quality of services compared to in-house teams.
• Compliance Today revealed that 55% of organizations outsource to improve compliance and adherence to industry regulations.

Scalability:

• According to a survey by Deloitte, 59% of organizations outsource to gain scalability and flexibility in operations.

Innovation and Strategic Focus:

• The IAOP survey found that 81% of organizations outsource to allow in-house teams to focus on core business functions, innovation, and strategic planning.
• A study by HFS Research reported that 72% of businesses believe outsourcing enhances their ability to innovate.

Global Presence:

• The Global Outsourcing Survey by PwC revealed that 70% of organizations outsource to expand their global footprint and improve market reach.

Time Savings:

• A report by Accenture stated that outsourcing can save companies up to 25% of their time, allowing them to allocate resources more efficiently.

Sustainability:

• Research by Greenpeace and the Electronics Industry Citizenship Coalition (EICC) found that outsourcing can contribute to sustainability efforts by optimizing supply chains and reducing environmental impact.

But why should you consider outsourcing with OSEA