Outsource

One way to increase operating flexibility and accelerate cost savings is to outsource repetitive tasks.

Consider outsourcing those functions that lend themselves to systematic efficiencies, such as lease administration. Third-party firms that specialize can deliver substantial value at the same or even dramatically lower costs (15%-25%).

Benefits of outsourcing include:

  • Scalable staffing (you don’t have to hire or fire employees to grow or shrink)
  • Greater access to information via specialized information systems
  • Expertise, sharpened by exposure to best practices among many clients
  • Financial flexibility by converting fixed overhead to variable cost
  • Improved Company focus on its Core Competency

Outsourcing can be a value-added arrangement where the Company and the Service Provider each focus on what they do best, maximizing operating and financial efficiencies.