Small-scale businesses have been much more prevalent over the past decade. These businesses often have to deal with many administrative tasks daily, including payroll processing, accounting, data management, and answering customer queries.
Efficiency is of utmost importance to small business owners. Unlike larger organizations, these businesses typically lack access to or cannot afford the resources required to create a team from the start.
Back-office outsourcing can help streamline back-office operations and save time for core business operations.
According to the most recent data, even in the post-COVID-19 economy, 52% of small enterprises will continue to outsource, particularly non-core functions.
How does outsourcing help small businesses’ back offices run more efficiently?
Back-office outsourcing can help small businesses streamline their operations in the following manner:
1. Reduce cost
Outsourcing allows small business owners to save money on back-office operations such as payroll processing, bookkeeping, and customer service – which often consume the lion’s share of company time.
Smaller companies have less time and staff to spare than larger corporations and therefore need to focus their efforts elsewhere. Hiring someone else to assist with these tasks frees up employees’ time for other responsibilities while providing the same level of service at a significantly lower cost.
ARDEM offers a complete suite of data entry services, including data capture, mining, extraction, and analysis. Our clients save money and time and gain confidence in their processes by outsourcing this essential part of their operations, providing 99.97% accuracy and quicker cycle times.
2. Saves time
Outsourcing allows companies to save time by using automated processes and technologies. Outsourcing back office operations also help small businesses become more competitive by cutting the need to spend hours on tedious administrative work.
ARDEM provides complete back-office support services, including HR/Payroll, Accounting, CRM, Billing, Inventory Management, and more. We provide organizations with solutions that help them run more efficiently and affordably.
3. Leverage new technology
Technology is constantly evolving and advancing, and many back office tasks can be streamlined using modern apps and platforms. For example, cloud computing offers small businesses a variety of benefits, including increased efficiency, flexibility, and the ability to scale up.
Without outsourcing, it can become quite challenging for small-scale companies to invest in technology. Outsourcing can help in leveraging the latest technology at a low cost.
Let ARDEM aid you with the automation of your back-office process. ARDEM Automation assures that all data fields are extracted fast, correctly, and more efficiently than they would be if done manually.
4. Enhance scalability
Small businesses may not have the same capacity to scale as larger firms due to space, equipment, and capital limitations. However, outsourcing enables them to achieve much greater scaling at a lower cost than if they were doing everything in-house.
By outsourcing nonessential duties to a third party, they gain the freedom to concentrate on what makes their business unique and thus expand.
5. Access to skills
A team of experts will work for small-scale companies if they outsource their back office operations. Moreover, employing and training the back-office staff will not require their time or money.
Utilizing the most recent technologies, the back-office team’s extensive knowledge will work for them.
Conclusion
Outsourcing back-office operations has many benefits, including cost savings, efficiency, and scalability. However, for small-scale businesses, these benefits are even more essential.
Due to their limited resources, they cannot afford to hire new staff, and their current staff is already tasked with essential duties, such as sales and customer service. Outsourcing a third-party vendor is a cost-effective solution that can help make businesses scale much more easily.
ARDEM provides Business Process Outsourcing and Business Process Automation Services to established companies to help them improve operational Efficiency and Reduce Costs. For more information please reach out to us at pricing@ardem.com or call us at 908-359-2600.
