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Outsourcing is the latest catchphrase these days, as more and more cost and quality aware businesses all over the world are turning to destination like India for outsourcing their non-core business processes. So, what exactly is outsourcing and what is the reimbursement of having an offshore partner do your work for you? This article looks at the reimbursement of outsourcing and the value proposition offered by Flat world Solutions. Outsourcing refers to the way in which companies hand over the processes of their business functions to outside vendor. Any business process that can be done from an offshore location can be outsourced. This includes functions like transaction processing, payroll and order and inventory management to name a few. Plus, there are a whole lot of call center services that are being outsourced as well. Some of the processes that can be outsourced to providers like Flat world Solutions’ are accounting and book care service, business process outsourcing, text and editing services, image treatment services, OCR clean up services, transcription services, data conversion services, call center services etc. There are many benefits of outsourcing your business process to destinations around the world. Some of them are: The most obvious and visible benefit relates to the cost savings that outsourcing brings about. You can get your job done at a lower cost and at better quality as well. Due to the difference in wages between western countries and Asia, the same kind of work that is done over there can be done in India at a fraction of the cost. There is a cost investment of around 60% by outsourcing your work to India. Plus, the quality of the services provided is high thereby ensuring that low-cost does not mean low-quality. When you outsource your business needs to an outsourcing partner like Flat world Solutions, they bring years of knowledge in business practices and skill in delivering complex outsourcing projects. Thus, they can do the job better with their knowledge and understanding of the domain. This leads to an increase in productivity and efficiency in the process thereby contributing to the bottom-line of your company.