This paper published by Offshoring Times describes enabling best practices by outsourcing may save time and money, but losing any of the proprietary information being shared with ones outsourcing partner can be extremely costly. Making sure these partners have strict security policies, procedures and technical safeguards in place and are willing to use online communications tools that enable encryption can guarantee that the data shared between ones organization and its outsourcing partner is as secure as it can be.
Offshore outsourcing has become the part and parcel of the global business world. Offshore outsourcing has, in fact, grown far beyond a business aid to become major business itself. And the model if done well has proved to be highly beneficial to both the outsourcing company and the vendor. This paper deals with offshore outsourcing in general and provides some valuable tips for companies looking to outsource. Outsourcing is the act of obtaining services from an external firm. Offshore outsourcing refers to outsourcing to firms in foreign countries. The aim is to gain value for the host organization.