Welcome to the InfoSci Platform
Offshoring IT

Offshoring IT

Susan Cockrell, Terry Stringer Damron, Amye M. Melton, Alan D. Smith
Copyright: © 2019 |Pages: 15
ISBN13: 9781522573623|ISBN10: 1522573623|EISBN13: 9781522573630
DOI: 10.4018/978-1-5225-7362-3.ch086
Cite Chapter Cite Chapter

MLA

Cockrell, Susan, et al. "Offshoring IT." Advanced Methodologies and Technologies in Business Operations and Management, edited by Mehdi Khosrow-Pour, D.B.A., IGI Global, 2019, pp. 1140-1154. https://doi.org/10.4018/978-1-5225-7362-3.ch086

APA

Cockrell, S., Damron, T. S., Melton, A. M., & Smith, A. D. (2019). Offshoring IT. In M. Khosrow-Pour, D.B.A. (Ed.), Advanced Methodologies and Technologies in Business Operations and Management (pp. 1140-1154). IGI Global. https://doi.org/10.4018/978-1-5225-7362-3.ch086

Chicago

Cockrell, Susan, et al. "Offshoring IT." In Advanced Methodologies and Technologies in Business Operations and Management, edited by Mehdi Khosrow-Pour, D.B.A., 1140-1154. Hershey, PA: IGI Global, 2019. https://doi.org/10.4018/978-1-5225-7362-3.ch086

Export Reference

Mendeley
Favorite

Abstract

Offshore outsourcing basically describes the practice of contracting to outside vendors in another country, especially in cases where the client company has no direct ownership. This operational strategy of low-cost, global expansion and the increased capability of vendors in India, China, the Philippines, South Korea has opened a great number of avenues of traditional organizational functions of IT. Such functions as software development, call centers, and accounting are typically offshored. Since the late 1990s, offshore outsourcing has included more sophisticated finance and accounting functions, beyond that of simple data input and transactions. Offshore finance and accounting outsourcing is especially becoming an attractive option for many companies. The obvious benefits are gaining access to scarce and valuable skills, cutting costs, and domestic and global achieving competitiveness. However, there are risks as well. A relatively balanced approach of benefits and risks are discussed in this chapter.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.