Global Sourcing Opportunities in Eastern Europe

Eastern Europe is emerging as the next outsourcing powerhouse. With a greater number of buyers from the United States deciding to shift their global outsourcing services from China due to increased trade issues and labor costs, Eastern Europe is offering low labor costs along with expertise and proximity. European countries, such as Poland, Bulgaria, and Romania are producing are generating exceptionally experienced IT professionals. The Eastern Europe procurement freelancers are outshining their competitive countries by implementing collaborative technologies that are ultimately contributing to a changed image of the region.

Besides IT professionals, Eastern Europe is producing other outsourcing services as well. Read on to know the types of outsourcing opportunities you will get if you choose Eastern Europe as your sourcing destination.

Global Sourcing Opportunities in Eastern Europe

HR Outsourcing

Human Resource departments are a leading factor for the outsourcing leads of companies. Outsourcing your HR tasks to Eastern Europe can be beneficial for you in the following ways:

  • Eastern Europe is the best when it comes to outsourcing HR tasks because they have a better understanding of the contemporary values, ethics, business attitudes, and communicative models.
  • Almost 85% of the sourcing subcontractors residing in Europe speak English, which is a globally accepted language.
  • The geographical coordinates provide a convenient solution for the HR outsourcing requirements.

IT Outsourcing

The experienced and highly efficient IT talent pool of Eastern Europe is what every IT organization searches for in an IT outsourcing destination. Bulgaria tops the list of countries that provides IT services. The robust education system of Bulgaria with a prompted labor force is responsible for attracting companies looking for outsourcing their IT tasks. Eastern European countries perform in-depth analysis when it comes to providing IT tasks and is familiar with the ever-changing IT landscapes. This makes Eastern European countries an un-doubtful IT outsourcing destination.

Offshore Outsourcing

Let’s coin a definition for this outsourcing practice in case you find this an abstract concept - in the offshore outsourcing process, you hire an external organization to assign specific tasks in a country different from the one where the products are manufactured. An organization usually practices offshore outsourcing either due to a shortage of time or due to a shortage of personnel. Offshore outsourcing remains a sufficient reason for those who want to outsource their services to this country as Eastern Europe procurement freelancers have an assemblage of skilled and knowledgeable professionals who brings together everything that an organization might require in its outsourcing processes.

Payroll Outsourcing

Payroll outsourcing is similar to HR outsourcing in a way that it has the capability of hiding certain risks. This type of outsourcing is considered the best practice when in the right hands. Therefore, organizations are required to conduct thorough research when choosing a payroll outsourcing organization. And Eastern Europe stands out in the competition when providing payroll outsourcing services. Since Eastern Europe is well known for its cost-effective approaches, outsourcing payroll tasks to this country can reduce the direct processing cost for your business. Also, payroll tasks consume a lot of time. Eastern Europe is a trustworthy country that will save your time and money when you decide to outsource payroll tasks.

These are the sourcing opportunities in Eastern Europe. Get in touch with a sourcing subcontractor in Eastern Europe if you need to outsource any task mentioned above.

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