Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is Business Process Outsourcing or BPO?

0
10 Posted

What is Business Process Outsourcing or BPO?

0
10

Business Process Outsourcing or BPO is the process of transferring business functions to either self owned or third party service providers, typically in lower cost countries such as the Philippines. Two parties are involved in a direct outsourcing contract, and these are primarily the client and the provider. The client decides what the business processes are that a service provider will execute. In other outsourcing contracts, there may be brokers involved. These brokers serve as middlemen, finding the suitable service provider for the client. Brokers may also perform certain responsibilities regarding operation management.

Thanksgiving questions

*Sadly, we had to bring back ads too. Hopefully more targeted.