So, you still do the nitty-gritty details of your business process in-house? Still bugged down with paper works and monitoring of mundane tasks and processes? Still wishing you could use the time spent on these routinary tasks on something more creative or productive? Then maybe its time you try BPO!
BPO? What the heck is that? BPO is the common term, or acronym, for Business Process Outsourcing. By outsourcing, it means getting an outside business entity to do your job. Well, not really your job but some of your business processes, hence the name business process outsourcing. Sounds crazy? Well, think again.
Some people may think that it is more expensive getting services from an outside source when you have an entire department to work on a particular task. But that is the thing-you dont really need to keep paying an entire department, paying them benefits and such, because you can outsource the process from staff abroad where the cost of salaries are much, much lower than your countrys minimum wage as prescribed by the law. Now, dont you think that is ingenious? You have to admit it is!
In business process outsourcing, the management of a particular...
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