Business Functions VC-backed Companies Can Outsource

Venture capitalists play a crucial role in the economy by providing financial support to potentially high-growth companies. Historically, large corporations such as Apple, Facebook, Amazon, Google, Intel, Microsoft, and countless others have received financial resources from venture capital.

If your company is in Series A funding, being wise with your money is a must to secure your growth and success similar to the companies mentioned above. Getting the right mindset on how to effectively spend your money and which facets of your business is worth investing in should be your first step to scale right.

Cost reduction should also not be the only aspect you should think of. There are other factors to consider such as time, recruitment, and operational experiences among others. This is where outsourcing comes in. It helps businesses expedite development, build right teams, drive innovation, save on resources, scale staff, learn flexibility from tried and tested business models, and get to market faster.

When to outsource, is the question.

Since VC-backed companies receive different levels of funding, one of the next steps is always to grow and expand the business. Knowing where to allocate these resources such as tools, technology, automation, people, and more, VC-backed companies can get reinforcement from a trusted outsourcing partner. If you want to advance your brand and reach for your next milestone, the best time to outsource is now.

5 business functions to outsource:

• Customer experience

Customer experience (CX) has become a big factor for the success of any business. Having a dedicated CX team in your operations will allow you to provide great customer service during every stage of a transaction including handling inquiries and concerns in a timely manner. All these can contribute to building a loyal customer base that can help your business move forward.

• Engineering

Having an outsourced Development & IT support team ensures that all of the company’s systems, networks, software programs, and other technical matters are running smoothly. This is something that is crucial for all businesses, especially tech companies, because whenever an IT problem occurs, they will be able to immediately troubleshoot and prevent further losses and downtime. They also modify existing programs and subsequently develop these modifications. 

• Data Science & Analytics

Today’s data-heavy world emphasizes the importance of having an outsourced team of data scientists, analysts and other experts in growing tech companies. You can take advantage of the many uses of data in improving your processes, offerings, and customer satisfaction as well as coming up with new strategies and ideas for possible expansion. Decision worthy analytics can help your business move forward.

• Sales & Marketing

Draw in more customers by adding an outsourced sales and marketing team in your operations. With their expertise and experience, they will be able to develop strategies and techniques to increase brand awareness, which can lead to more sales and revenue. This team is important because they generate unique sales plans, create engaging advertisements, and brand promotions, develop pricing strategies, and meet overall marketing and sales objectives.

• Back Office

This function offers administrative support in running a business. Outsourcing support for HR, payroll, data entry, scheduling management and other core business activities can help you focus on more important tasks such as innovation, scaling, and customer. Back office outsourcing  offers uninterrupted and efficient business workflow. 

All the while, outsourcing provides your business with the following benefits:

Access to talents

You can scale your business faster by partnering with a trusted and experienced outsourcing company that has access to a world-class pool of talents and an A+ recruitment process. Build high-performing and skilled teams that can support your company’s needs, add value to your operations, and help you reach your business goals faster within just 30 to 45 days.

Automation & Business Intelligence

Automation is the use of technology applications that can perform repetitive tasks freeing people to focus on higher value work. It can also process larger volumes  of data and work with speed, accuracy and consistency resulting in more jobs done with less effort.

While business intelligence It offers a combination of business analytics, data mining, data visualization, data tools and infrastructure, and best practices to help organizations to make more data-driven decisions.

Cost-effectiveness

According to a recent survey conducted by Deloitte, one of the main objectives of companies that opt to outsource is cost reduction. This comes as no surprise given that outsourcing reduces overhead and labor expenses, saving you on costs that can instead be allotted on more revenue-making activities to support the expansion of the business. Aside from cost-cutting, outsourcing also allows services to be scaled depending on the company’s current business needs and financial capabilities.

Improved business efficiency

Ensuring that all necessary work gets done accurately and in a timely manner is important to maintain productivity in the workplace, prevent issues that can boggle down operations, and boost your company’s growth. A great outsourcing partner can help you achieve this by streamlining your business processes, especially those that are more tedious and time-consuming. It also enables your in-house personnel to focus more on their core responsibilities that drive profit and development to the business.

Ultimately, choose an outsourcing provider that promises:

• Collaborative partnership
• Access to talent through their A+ recruitment process
• Cost savings of up to 70%
• Ability to scale quickly and predictively
• Hitting company and funder milestones and targets
• Adaptability in technological advancement
• Established Information Security
• Operational excellence
• Information and data security
• 71 Net Promoter Score: Sense of security and peace of mind

Partnership with Infinit-O

Infinit-O’s mission is to create endless opportunities for your company to realize its full potential.

We partner with the world’s fastest-growing tech companies who want to scale and advance their brand.

Demonstrated by our world-class Net Promoter Score of 71, we deliver the highest quality outsourcing services using our unique data driven approach – combining powerful technology and high performance teams within our highly-engaged and agile culture.

Our expertise includes CX, engineering, data science & analytics, sales & marketing, and back office services.

Start small. Exceed expectations. Think infinitely. Think Infinit-O.