Key Factors of Benifits for SME's doing Outsourcing from India
High expenditure in manpower and overheads associated with business expansion constrains growth potential for small and mid sized companies.
Finance and HR functions in mid-sized companies devote as high as 87% of their time in processing routine transactions rather than strategic analysis and reporting.
Mid sized companies compared to larger companies.
Spend a greater percentage of their revenue on back office services.
Maintain a larger headcount in Finance and HR Functions.
Lack of access to real time financial data impedes faster decision making.
Absence of specialized expertise in functions like HR and Accounting result in lower productivity and process efficiency.
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