Why nearshore consulting is a great option for your next project

Imagine you just had a meeting with your board team, and everyone decides it’s important for the business to launch a new product or website, strengthen your security online, or even invest in a new infrastructure. 

As a concerned team member, a few questions might pop up in your head:

• How many people do we need to hire for this project?
• How long will it take us to hire resources and then develop it?
• How much is going to influence the company’s budget? How much is it going to cost us?

Even though it can be scary to invest in new projects, doing so allows your business to adapt to market changes more swiftly, stay ahead of the competition, and enhance the offers you provide to your customers in the long run. 

But how can you reduce risks, knowing the hard work it takes to find the right people and onboard them to these projects, not to mention, its development costs? 

A great way to reduce risks is to find a nearshore consultant who can help you kick off without all the headaches that come with creating a new technical team. So, in this article, we’ll dive into how nearshore consulting can deliver value to your business.

Top international talent 

As mentioned above, finding the right talent is one of the top concerns when starting a new project inside your company, especially, if you narrow it down to your company’s location. 

Depending on the project scope, you might need to hire software developers, designers, project managers, and so on. Since these positions have been in high demand for a while, it becomes challenging to identify talent and hire them before your competitors do so.

With that said, partnering with a nearshore consultant will give you an advantage: an extended talent pool. You will be able to hire top talent from nearby countries without worrying about onboarding, bureaucracy, and high costs.

You will need to define your project scope, roles, and requirements, and your consultant will take care of matching you with the best talent for your projects, always considering your business needs, budget, and work culture.

At HumanIT, for instance, we have a dedicated human resources team that helps identify the right profiles for your company. Not only that, we assist you with the bureaucracy, onboarding, integration, and continuous assessment of your nearshore team to ensure your project is in line with your expectations. 

Cost efficiency

Hiring a remote nearshore team has many advantages, but one of the most relevant is, of course, its overall cost efficiency.

By hiring developers, designers, and other experts from a nearby location, you won’t have to worry about expanding your headquarters, in-office expenses, or even employment bureaucracy and related taxes.  

Also, depending on the country you select as a nearshore partner, you may find substantial differences between the prices and hourly rate, not sacrificing the quality and delivery of your projects.

By partnering with us, our expert team will assist you in hiring the best humans, making sure you stay on budget while taking into consideration all project requirements.

Risk Mitigation

Engaging in a new software project and building a technical team comes with many challenges. Nearshore consulting can help mitigate various risks associated with project development, including project delays, budget overruns, and quality issues. 

As an alternative to traditional and offshore hiring, nearshore consulting gives you a lot of control and oversight, ensuring that potential risks are identified and addressed promptly.

Our experts will partner you with the best project managers who will help you meet deadlines, fulfill stakeholders’ expectations, and mitigate overall risks and costs.

Flexibility and Scalability

One of the main advantages of nearshore consulting is the flexibility it offers. 

You can quickly scale your team up or down depending on the project's requirements without the long-term commitments and costs associated with permanent hires. This scalability ensures you have the right resources at the right time without overburdening your budget. 

At HumanIT, we value flexibility when it comes to software projects. You may need to allocate more time and resources at certain times and shift focus to other projects at other times. With our support, you can effectively manage your nearshore team members and reallocate them based on your current needs.

Quality assurance

Following the previous topics, nearshore consulting is a fantastic option if you’re looking for quality delivery while cutting down 30 to 40% costs.

As an alternative to offshoring, by hiring nearshore, you don’t have to worry about the timezone, allowing for more seamless collaboration with the remote team and faster response to issues. 

With nearshore teams, you also experience similar legal requirements, work culture, and education systems, making it easier to connect with the professionals working on your project.

Last but not least, you get more control and visibility over your nearshore projects, and, therefore, it’s easier to manage the outcome at the end of each project.

Return on investment

Although, in comparison, nearshore might seem a bit more costly than hiring an offshore team, in the long run, you will experience a more seamless collaboration, with lower risk for management issues, low productivity, poor control over your projects, slow communication, etc.

In sum, by hiring top talent in a nearshore location, you’ll get all the advantages of hiring locally, for example, a similar level of education, policies, work culture, and timezone but with 30% to 40% less costs.

This return on investment, with lower risks, is what makes nearshore consulting the ideal option for businesses looking to expand their services and hire temporary teams for specific projects.

To conclude

Partnering with a nearshore consultant allows your internal team to focus on core business activities and strategic initiatives. The nearshore team handles the technical and operational aspects of the project, freeing up your resources for other critical tasks.

If you’re planning to hire nearshore and have any questions on the process, feel free to reach our team at https://humanit.pt/