Business process outsourcing involves contracting of the responsibilities and operations of particular business processes (or functions) to a third party service provider. BPO – Business Process Outsourcing is a subset of outsourcing. It is a valuable technique for organizations and companies searching for better ways to accomplish high performance by minimizing risk, controlling costs, increasing transparency, as well as fostering collaboration. BPO can be contracted outside the country of the company involved; this is known as offshore outsourcing. On the other hand, if BPO is contracted to an organization’s nearby country, it is known as near-shore outsourcing.One of the outstanding benefits of BPO is its manner of assisting an organization to increase its flexibility. Company’s flexibility enhancement through business process outsourcing is achieved in different way...
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