The Role of Outsourcing in Today's Complex World

Organizations must continually challenge their resource allocations and the means by which they can achieve greater financial success and competitiveness. To improve bottom line results and to permit executives to focus on their ability to grow market share and control costs, they increasingly look to third parties to provide services in areas in which those third parties specialize.

In his comprehensive discussion of corporate decision-making, Straight from the Gut, Jack Welch, former CEO of GE, writes:

"Don’t own a cafeteria: Let a food company do it. Don't run a print shop: Let a printing company do that. It’s understanding where your real value added is and putting your best people and resources behind that.

Back rooms by definition will never be able to attract your best. We converted ours into someone else’s front room and insisted on getting their best. That worked for us so many times. This is what outsourcing is all about."

Veris has developed specialty resources that are specifically designed to provide the very type of outsourcing benefits that he has described. We have substantial resources to provide our clients with full-service internal accounting and financial management services; comprehensive internal audit services; the construction and use of customized business surveys and data research; and the identification and assessment of risks and controls related to information technology.