Business Processes Outsouce

Business Processes Outsouce

BPO DEFINITION

Business Process Outsourcing (BPO) is a subset of customer support outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party service provider. BPO is implemented as a cost-saving measure for tasks that a company requires. BPO services include payroll, human resources (HR), accounting, office administration and customer/call centre relations.

WHAT IS BPO SERVICE PROVIDER?

Business Process Outsourcing (BPO) is a subset of outsourcing that involves the contracting of the operations and responsibilities of a specific business process to a third-party Service Provider.

WHAT IS THE MEANING OF BPO JOBS?

BPO is typically categorized into back office outsourcing, which includes internal business functions such as human resources or finance and accounting, and front office outsourcing, which includes customer-related services such as contact centre services.

ADVANTAGES OF BPO:

The BPO market has grown tremendously with various benefits for organizations looking to streamline business processes and increase productivity & profit. Business Process Outsourcing is preferred by businesses due to various advantages:

The most known advantages of Business Process Outsourcing (BPO) are lowered operational costs and the high-quality services to be delivered by the outsourcing team.