Yes it will but you have to follow some guidelines. There are still many businesses fail in outsourcing because of rushing and not thinking about the risks one gets when they outsource. Instead of cutting the costs, they even spend more. Check out these essential tips on how to be effective and successful in outsourcing: http://www.timedoctor.com/biz3.0/15-...sourcing-tips/
In my opinion, I think the article can be summarized by:
1. Outsourcing the right activities - This means by thinking over what needs to be outsourced in your business. You can't just outsource something that directly impacts your customers.
2. Getting the right help - This is very important. You need to hire reliable service providers since you will be monitoring them at a distance and trust plays a vital role here. So to get the trust between both parties, one should agree with the terms and agreements.
But before that, you need to get the right providers. How? By interviewing them carefully, checking their feedback from previous employers and checking their previous works. Also, when you interview them, ask how they handle things and how you want them to work. Feel their attitude too.
Hope this helps!