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Business Process Outsourcing

Business Process Outsourcing

In general, the process of outsourcing specific business functions to a third party is called Business process outsourcing. Businesses can outsource the core and non core business functions to a third party to reduce cost on overheads, get specialized services and faster TAT. The usual practice by companies are to outsource operations, back office clerical activities, Accounting functions, HR functions, Sales & Marketing, customer support, IT support services, Procurement etc.

This will give opportunities to companies to explore skilled talents from the BPO Company and at a lesser cost. The BPO companies can provide flexibility in terms of deliverables, costs, meeting deadlines and implementing technological advancements.

Today's business demands high quality service at a lesser cost to compete in price driven markets. The outsourcing model helps companies to focus on R&D and new initiatives to provide new products and services to their customers and to sustain in the competitive markets.