Benefits and risks of using outsourcing of economic activities

The paper focuses on assessment the effectiveness of outsourcing in economic activities such as IT, accounting and financial services. One analyzes the efficiency of outsourcing from the point of view of individual processes and activities in the enterprise. The paper examines the selected activities and processes most frequently provided by external contractors and examines current trends in outsourcing in Slovakia. One evaluates the advantages and disadvantages of outsourcing and assesses the possible risks of outsourcing and offshoring under the current globalization trend. In the conclusions, the paper focuses on interpreting of the findings and proposing possible procedures for achieving optimal solutions.