Business Process
Outsourcing is the outsourcing of one or more
IT-intensive business processes to an external
provider that in turn owns, administers and manages
the selected process based on defined and measurable
performance criteria.
BPO provides an opportunity for the client to
focus on their core competencies while freeing
up resources involved in non-core, but, essential
operations. As organizations focus on improving
their bottomlines, BPO has gained tremendous importance
for these companies to manage costs and improve
operational effectiveness. Some of the main advantages
of BPO for a client can be:
- Improved focus on Core Operations
- Factor Cost Advantage
- Improved Utilization
- Economy of Scale
- Business Risk Mitigation
- Call Centre (Inbound/ Outbound)
Corporations are finding that faster adoption
of well-defined business processes and the outsourcing
of these to a highly qualified skill pool can
lead to higher productivity gains without compromising
on quality, and thus, improving the bottomline. |