In: Finance
Discuss how information system outsourcing can provide the organization with both a business solution and asset management.
Information system outsourcing can help the business organisation in cost cutting as well as it will also help in time saving by outsourcing all such information system which would save a lot of cost of the company and it would also mean to reduce of the workload.
It will provide a business solution of the company to focus on only those areas, which is important for growth and development and outsourcing all such routine works which is not that important for the company and also helping in cost cutting.
outsourcing will also lead to Asset Management because the business is outsourcing a significant chunk of its portfolio and it will help in management of asset because the company can diversify it's risk to another company and it will also only be responsible for the output so the company is able to switch its load and it is a better asset management technique by focusing on only those areas which are highly relevant for the growth and development and profit maximization for the company