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Business Process Outsourcing

Another wave to watch for is business process outsourcing, Or BPO. What business are now realizing is that outsourcing "what is' can certainly provide marginal gains. Better yet is to outsource "what should be" and that's where business process outsourcing comes in. Business process outsourcing means examining the process that make up the business and its functional units, and then working with specialized service providers to both reengineer and outsource these at the same times.

List of the most demanding BPO services:

  • Accounts Payable
  • Accounts Receivable
  • Administration
  • Billing
  • Book-keeping
  • Call Center
  • Claims Processing
  • Contract Management
  • Customer Service
  • Financial Services
  • Graphics
  • Human resources
  • Logistics
  • Payroll
  • Procurement
  • Public relations
  • Relationship management
  • Sales & Marketing
  • Staffing
  • Strategy & Analysis
  • Supply-chain Management
  • Telecommunications
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