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VFSL VENTURE FACILITATION SERVICES FACILITATING BUSINESS RESOURCES AND PROFESSIONAL SERVICES TO YOUR OFFSHORE VENTURE

VFSL Overview

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VFSL Overview - Inhouse Offshoring

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Page 1: VFSL Overview

VFSLVENTURE FACILITATION SERVICES

FACILITATING BUSINESS RESOURCES AND PROFESSIONAL SERVICES TO YOUR OFFSHORE VENTURE

Page 2: VFSL Overview

PRESENTATION OVERVIEW

Concept of Inhouse Offshoring Inhouse Offshoring @ VFSL Facilitation Services Virtual extension of onsite team Scalable Infrastructure & In-house HR Team Recruitment Process Roles & Responsibilities Pricing Matrix

Page 3: VFSL Overview

INHOUSE OFFSHORING

Client hires employees from India at direct wages as per their requirements and employment agreement.

VFSL plays a role of end-to-end facilitator: Employee selection – Furnished office – IT setup - workplace management.

This work model gives competitive edge to foreign companies to compete locally as well as internationally

India Advantage Large English speaking human resource pool of talented and

experienced professionals with significant cost advantage. Cost of qualified personnel is amongst the lowest in the world.

Global backend for service & technology oriented businesses like Web & Software development, Graphics & Animation, Accounting, Voice & non-voice help desk & sales & support, Accounting (Bookkeeping), Virtual Assistant

Suitable time-zone to cater services globally India enjoys very strong brand equity in major markets, thanks to its

growing and globally competitive software industry. The proliferation of I.T. Enabled Services and its continuing demand-led growth may well emerge to be a strong opportunity for India, both in terms of generating employment and export.

Page 4: VFSL Overview

INHOUSE OFFSHORING @ VFSL

VFSL’s strong commitment to establish long term and mutually rewarding relations with clients

STRATEGIC PARTNER: VFSL adds strategic value to client business by empowering them to be globally competitive with their own offshore team, state-of-art infrastructure setup, proven processes and excellent execution model in offshore work environment. Client focuses on core business while VFSL takes care of offshore team and workplace in every aspect.

Flexibility, Transparency & Quick response to changing needs uniquely differentiates VFSL.

Close to Clients to understand their concerns sensibly and provide best possible assistance

Provide realistic picture about technical, operational, and contractual matters related to ongoing business activities

Efficient and Effective employee selection process to meet client’s requirements - high importance given to conceptual knowledge, good communication skills, team player and positive attitude

Positive and motivating work environment: VFSL ensures healthy working relationship between client and offshore team & among offshore team members.

Why VFSL?

Page 5: VFSL Overview

VFSL

FACILITATION SERVICES

Furnished office premises Robust IT Infrastructure

HR services and supportOffice administration services

Page 6: VFSL Overview

VIRTUAL EXTENSION OF ONSITE TEAM

VFSL facilitate everything client requires for their off-shore team to be virtual extension of onsite team.

In other words, client has freedom to implement their own work-processes, communication protocols and infrastructure setup. Such setup also relieves client from problems of traditional resource based outsource model and equip them to take quick decisions and better control over critical work-processes, on-going expenses and valuable intellectual properties.

Page 7: VFSL Overview

SCALABLE INFRASTRUCTURE

VFSL has its own furnished office premises perfectly suitable for offshore work environment.

Robust, Secure and Reliable IT infrastructure designed, commissioned and supported by team of skilled and experienced IT Professionals enable real-time communication and collaboration among client’s onsite and offshore teams.

IT Setup with Wi-Fi office premises, high-end workstations, backup internet connectivity, Audio & Video conference facility.

Biometric access control system with 24X7 security & surveillance cameras. Supporting staff and IT admin is round-the-clock available to ensure smooth

and trouble-free business operations. INHOUSE HR TEAM

VFSL’s in-house HR team takes care of all HR aspects starting from identifying client requirements, defining job profiles, facilitating candidate interviews, getting right resource on board and ongoing personnel management services.

Tie-up with various national level job portals, media coverage and recruitment consultants.

Two-way quarterly feedback system between client and team members. Regular training programs to enhance technical skills and professional

development.

Page 8: VFSL Overview

COMPARISON WITH OTHER OFFSHORE MODELS

Inhouse Offshoring @ VFSL

Offshore service provider (Outsource Offshoring)

Freelancers @ Guru, oDesk, Elance, etc)

Control Employees work under direct supervision of client. Client has direct control over staff, processes, work-timings and intellectual properties.

Employee work for service provider, not for client. Chances of conflicts due to mismatch of client & service provider policies & work-style.

Freelancer work for multiple clients and take his own call about work priorities, time schedule & pricing. Availability & Reliability is also concern for ongoing work.

Team coordination & communication

Very good as offshore team members work at same place and they are in direct contact with client’s onsite team

Extra layer of service provider’s management team may add cost, complexity and delay in some matters.

Difficult to maintain proper coordination as team members are dispersed and may not be using same communication tools &protocols.

Cost Employee cost is known to client. VFSL charges for facilitation services. So, total cost is considerably low compared to any other option.

High. Depends on hourly cost and Difficult to estimate for unstructured work scenarios.

Page 9: VFSL Overview

RECRUITMENT PROCESS

(A) Requirement Identification

• A-1) Client conveys employee requirement to VFSL via E-mail with work profile, skills needed, resource budget, fulltime/part time etc.

• It is advisable to provide complete information at least one month in advance to have sufficient time for selection process as average notice period for employees to leave other organization is 3 to 4 weeks

• A-2) VFSL team reviews requirement and understand technical needs (IT setup, remote working tools, etc) and non-technical needs (workspace, work-timings, etc)

(B) Selection Process

• B-1) VFSL identifies Suitable Profiles: Suitable candidates as per profile criteria are identified from following sources:• VFSL's internal database,• Various Job Portals with

Nationwide coverage,• Recruitment/hiring

consultants• Multiple job positions can

be fulfilled by arranging walk-in interview via newspaper advertisement

• B-2) VFSL takes Preliminary interview

• B-3) Client Interview: Selected profiles are forwarded to Client to arrange next level Text/Voice/Video interview. VFSL also facilitates technical / non-technical tests client may want candidates to pass.

• B-4) Client selects candidate

(C) Confirmation

• C-1) Client confirms the appointment of selected employee via e-mail and also completes all necessary formalities as per commercial terms.

• C-2) Resource joins client's offshore workplace at VFSL.

Page 10: VFSL Overview

ROLES & RESPONSIBILITIES

Client

• Resource Scheduling

• Task Assignment

• Ensure timely payments as per commercial terms

VFSL

• Furnished office premises

• IT setup & Support

• HR services• Office

administration• Logistics & travel

support• Employee

assistance• Regular

meetings & reports.

Offshore Employee/Team

• Perform work as assigned by client

• Inform client in advance about any change in work schedule/ leaves or vacation

Page 11: VFSL Overview

PRICING OVERVIEW

Cost of Hiring Professional Amt

Employee’s Monthly Salary (A)

VFSL’s Monthly Facilitation Charges per Employee

(B)

Cost of Hiring Professional(Fulltime Monthly Resource Cost) (>180 man-hours a month))

A + B

Contact VFSL to know Quote specific to your requirement.

(All figures are in USD*)

Page 12: VFSL Overview

CONTACT DETAILS

VFSLVenture Facilitation Services

Contact:

Mr. Samir Shah

Business Development Head

(O) +91-79-40065262

E-mail: [email protected]

Skype ID: vfsl_team

Web: Under Development