What is outsourcing company?

Outsourcing is a practice of hiring a third party or an external company to perform the task that is unable to carry out in your organization. Outsourcing primarily addresses the problem of budget and efficiency. The company outsourced the operation to other companies having experience and expertise in that domain. The most common outsourcing activities are human resource management, auditing, accounting, customer support, software development, legal documentation, research and many more.