Accounting & Finance

10 Companies That Have Benefited from Outsourcing

  • 3 min Read
  • December 10, 2020

Author

Escalon

Table of Contents

Outsourcing helps companies focus exclusively on growing their businesses. By outsourcing work to professionals and experts, entrepreneurs can save overhead costs that come with hiring staff and buying software in-house. Outsourcing your functions even at the initial stage of your business can turn out in your favor, just as it benefited the following companies that have thrived under by outsourcing.

Schedule a call today

Alibaba


– According to the book Alibaba: The Inside Story Behind Jack Ma and the Creation of the World’s Biggest Online Marketplace, in its early days, the Chinese multinational e-commerce retail company outsourced its website design and development to a U.S. firm. Outsourcing helped the company overcome Chinese internet restrictions and localize its site for both Chinese- and English-speaking visitors.

Basecamp


– Basecamp outsourced its app development to remote developers to optimize its cost-opportunity gain. Outsourcing the product development strategy helped the firm improve its product and generate more revenue.

Google


– Whether it involved IT specialists, developers or virtual assistant work, Google has been taking advantage of outsourced staff for years. The company outsourced its phone and email support for AdWords to around 1,000 representatives located all over the world. Google also partnered with a technology services provider, Globant, for the successful development of Project Ara and related software. 

Slack


– Slack outsourced its software development to design firm MetaLab, which created the logo, designed a marketing website and built the web and mobile apps. By outsourcing to the design firm, Slack was able to save time and money, and get important feedback that helped the team launch a product that has revolutionized the market.

WhatsApp


– WhatsApp initially outsourced the core development of its app to developers in Russia, while on-site staff focused on operations and customer relations. Developers helped the company to keep costs down after starting with low capital. The company also outsourced its iPhone app development to software engineer Igor Solomennikov, who later joined the company as CIO.

Kodak


– In 1989, Eastman Kodak outsourced its IT system to IBM. IBM designed, built and implemented a large data center specifically for Kodak’s needs.

Apple


– Apple outsources much of its supply chain to offshore partners. Though its products are designed in California, Apple devices are manufactured all around the world.

Microsoft


Microsoft outsources some of its operations to sales companies based in the U.S. For international operations, the company outsources sales teams who are natives to the location.

Ford Motor Company


– Many components of a Ford vehicle are manufactured offshore. Apart from manufacturing, Ford also has been known to outsource research and development, customer support, and IT solutions offshore.

SeatGeek


– After relying on outsourced developers for building the website and database structure, SeatGeek was able to save tremendous capital to invest in other business processes, and subsequently began using outsourced vendors for other responsibilities.

Want more?


Escalon has helped over 5,000 companies across a range of industries and in 22 countries to optimize routine business functions through outsourcing.

Talk to an expert today.

Schedule a call today

Talk to our team today to learn how Escalon can help take your company to the next level.

  • Expertise you can trust

    Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.

  • Quality and consistency

    Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.

  • Scalability and Flexibility

    Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.

Contact Us Today!

Tap into the latest insights from experts in your industry

Accounting & Finance

Why Cash Flow Forecasting Is More Important Than Your P&L 

Ask most founders what their most important financial statement is and they will say the income statement. Revenue. Gross margin. EBITDA. These feel...

Life Sciences

How Biotech Startups Should Handle Milestone-Based Revenue 

Revenue recognition is one of the most technically demanding areas of accounting for any business. For biotech startups, it is...

Accounting & Finance

The CFO’s Role in an M&A Process: From Diligence to Close 

Mergers and acquisitions are among the most consequential events in the life of any company. Whether you are the acquirer...

Accounting & Finance

Cash Runway 101: How to Calculate It and What to Do When It Gets Short

Every founder has heard the term. Very few understand it deeply enough to act on it before it becomes a...

Nonprofit

How Nonprofits Can Leverage Fractional CFO Services to Scale Their Impact 

Every nonprofit leader has felt the tension: you are running an organization whose entire purpose is mission-driven impact, but the...

People Management & HR

How to Design Your First Employee Engagement Survey

How to Design Your First Employee Engagement Survey: A Startup Founder's Guide  If you're running a startup or small business and you've never sent...

Taxes

Year-Round Tax Planning vs. Last-Minute Filing

Year-Round Tax Planning vs. Last-Minute Filing: The True Cost of Waiting  Every year, the same pattern plays out for thousands...

Nonprofit

The True Cost of Volunteer-Run Finances

The True Cost of Volunteer-Run Finances: When Nonprofits Need Professional Accounting Help   It is one of the most common financial arrangements...

Nonprofit

Cash Flow Management Strategies for Nonprofits With Seasonal Funding  

Ask the finance director of almost any nonprofit what keeps them up at night, and cash flow will be near...