In business, outsourcing is "an agreement in which one company contracts-out a part of existing internal activity to another company". It involves the contracting out of a business process and operational, and/or non-core functions to another party.
Companies outsource to lower costs and improve their bottom line. Outsourcing saves money on labor and operational costs, which can deliver significant savings and an increase in gross profit. The timesavings can be significant and free up resources that benefit your organization and customers.
Outsourcing is a great option for them to make the work process easier to handle. Those working in a local company may choose to outsource work so that they can continue to focus on the core business processes. Small tasks can be easily passed on to outsourcing companies.