Why outsource?

Overview

The competitive business environment is to streamline one's core competence and strength to outsource the non core areas like payroll process and recruitment of manpower through professional experts. FuGenX Technologies’ outsource Division is one such expert. FuGenX Technologies offers temporary and contract staffing to clients in the telecom, networking protocol, wireless protocol. This covers deputing the resources for a term, managing their payroll, managing employee and employer HR services, employee performance assessment and training services. These “deputees: or “associates” are typically for projects, Software development, Software testing, network administration, front and back office operations, and facilities management All deputees will be on FuGenX Technologies rolls and are provided with all the benefits of a regular employment with a professional organization using best HR practices fully compliant with labour laws. FuGenX Technologies understands the importance of being abreast of new changes in the various statutes related to employment and has specific teams specializing in compliances monitoring. Most importantly, FuGenX Technologies has the domain expertise and technology capabilities to manage the HR of large head counts as we have our own fully web enabled and workflow enabled HRMS integrated with wireless messaging.

Advantages of Manpower Outsourcing

- Converts fixed employee costs to variable costs.

- Allows organizations to Control Overheads.

- Allows MNCs / large corporate houses to restrict the numbers of core employees on rolls.

- Freedom to employ any number of Outsourced Manpower.

- To control negative publicity during retrenchment.

Advantages of Outsourcing with FuGenX Technologies

Advantages of Outsourcing

The Outsourcing market is estimated to grow tremendously in the coming few with an increasing number of companies planning to outsource both low end and high end jobs to offshore destinations. Also the number of companies providing outsourcing services is on the rise, thus resulting in larger variety. Due to the fact that more and more companies are outsourcing, the risks are getting smaller as businesses have more experience and clearer objectives. There are several marked advantages of outsourcing:

Concentration on core business areas

Back office operations of a company require high maintenance and specialized attention. Yet most of them are critical for the company's everyday activities. By outsourcing their back office operations businesses can concentrate on their core competencies while their back office operations are being managed smoothly by a specialized third party company.

World-class technology at lower rates

Investing in new technology is very costly and often risky. As the technology market develops rapidly, it is difficult to keep up with latest innovations and solutions. Thus outsourcing to companies that have the resources, expertise and desire to continuously update their technological solutions, offers a true advantage of outsourcing.

Skilled manpower at affordable prices

Outsourcing gives a company the ability to get access to skilled and trained man power at extremely low rates. This in turn leads to an increase in productivity as well as cost savings. By outsourcing a company saves on recruitment, training and other human resource costs it would otherwise have to maintain internally. Also an advantage of outsourcing is that a company is able to utilize the kind of expertise it could not internally provide.

Increased productivity

By employing skilled manpower in larger numbers at lower costs companies can really increase their productivity. This in turn would result in better customer satisfaction and increased profitability.

Beat Competition

In today’s fast paced global economy a company needs to provide high-quality services to its customers in order to retain them, as well as provide the services for cheap prices. Outsourcing in this case can help the company maintain lower rates with better service solutions, thereby giving them a better market position or even a competitive advantage.

Tax benefits

By selecting the right BPO destination companies can save up on taxes in turn saving on costs.

Responsibility of FuGenX Technologies

Over the past four years or so, our web-development has blossomed as an idea, if not as a coherent practical program. CSR commands the attention of executives everywhere—if their public statements are to be believed—and especially that of the managers of multinational companies headquartered in USA. Today corporate social responsibility, if it is nothing else, is the tribute that capitalism everywhere pays to virtue.