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Here are some advantages of outsourcing Financial benefitsâClean up your balance sheet by eliminating assets, and have a more stable cash flow Strategic optimizationâThink about your company's core mission and whether it is relevant to continue certain operations
Outsourcing refers to an organization contracting work out to a 3rd party, while offshoring refers to getting work done in a different country, usually to leverage cost advantages.ffshoring provides many of the same benefits as outsourcing, including: 1  Cost savings: Companies usually offshore manufacturing or services to developing countries where wages are low, thus resulting in cost savings. 2  These savings are passed on to the customers, shareholders and managers of these companies.