Balancing Your Budget and Investment: When is the Right Time to Outsource?

When outsourcing your investment, you don’t have to invest in those upgrades as your business grows and changes. Let’s look at some examples that show the size of these investments.

* Order-management systems. Software as a service (SaaS) can free up a potential investment of $25,000 for an emerging company. If you’re a $500 million company — with several hundred users adopting a SaaS model — it eliminates an $8 million to $10 million investment. For a $20 million cataloger, the spend runs $280,000 to $400,000 to license and buy hardware. Then you implement an order-management system with call center and warehousing functions.