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Summary of the benefits gained by outsourcing |
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| • Achieve Cost Reductions |
Outsourcing of repetitive and non-core functions to
Cogent has the potential to reduce operating costs by
as much as 40-50% as compared to the in-house operation
costs of these functions. |
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| • Improve Service Quality at fixed cost |
Improving the ‘service quality’ of the outsourced
function becomes the responsibility of Cogent. Cogent
contracts to agreed service level agreements and thereby
for the Accountancy Firms’ the inherent improvement
in the ‘Service Quality’ for its customers
is achieved at a fixed cost. |
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| • Maintain Competitive Edge |
Outsourcing of non-core functions to Cogent enables
Accountancy Firms to focus on building a more competitive
business and provide new improved service offerings. |
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| • Achieve Revenue Enhancements |
By outsourcing non-core functions to Cogent, Accountancy
Firms’ can focus on high value high return activities
which increase revenue whilst allowing partners to develop
new services offerings. |
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