outsourcing


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outsourcing

A method in which services usually provided by the health care agency are now allocated to another firm or agency.
References in periodicals archive ?
Francistown South MP, Mr Wynter Mmolotsi had asked how many jobs were exported to other countries in the name of outsourcing services such as auditing, accounting, marketing by companies based in Botswana and why those companies were allowed to outsource services when qualified locals were available to perform such functions.
"We recognize that insurance companies can benefit from outsourcing their business processes such as improved productivity of existing operational capacity and trimmed down overall capital expenditures," Funa said.
The Outsourcing Rules split those functions and tasks that can be outsourced into two main categories -- 'basic works' and 'non-basic works'.
The report estimates that operational management revenues of business process outsourcing (BPO) and cloud services in 2017 are at $876.9 million (AED3.2 billion), with projections to reach $976.1 million (AED3.58 billion) in 2018 and $1.195 billion (AED4.38 billion) in 2020.
These instructions aim to enhance the proactive environment in FIs on various aspects of the outsourcing including but not limited to governance, risk management, insourcing of services, group outsourcing, outsourcing of foreign branches of banks, information technology outsourcing and collaboration/outsourcing arrangements by FIs with Fintechs (Financial Technologies).
Interestingly, APQC's data also shows that outsourcing organizations have personnel costs associated with warehousing that are very close to those of organizations that do not outsource.
It's interesting to see continued growth in the outsourcing of these common activities, suggesting that they have not yet plateaued.
Keywords: Outsourcing, Service features, Propensity for outsourcing services.
“At a time when there is a growing need to outsource, The Global Outsourcing 100 and The World's Best Outsourcing Advisers listshave become invaluable reference tools to help companies research service providers,” said Debi Hamill, IAOP[R] CEO.