A managed outsourcing arrangement allows companies to focus on core business activities while trusting in an external service provider’s expertise to handle critical tasks efficiently.
In such arrangements, an external service provider typically assumes full responsibility for providing and overseeing outsourced tasks or services, often acting as a strategic partner and overseeing an entire outsourcing project from start to finish, meeting service level agreements (SLAs), and overseeing all aspects of service delivery.
Managed outsourcing enables businesses to focus on core activities while taking advantage of outside expertise provided by managed partners who take full responsibility in handling critical tasks efficiently.