How many types of billing is conducted in bpo?

Answer 1

There are multiple types of Outsourcing namely; the Business Process Outsourcing (BPO), Knowledge Process Outsourcing (KPO), Legal Process Outsourcing (LPO), Accounts Process Outsourcing, Medical Outsourcing, etc.

Answer 2

Outsourcing Categories

When companies refer to business process outsourcing, they often sort the type of work that they’re outsourcing into two categories. These categories are back office outsourcing and front office outsourcing.

Back office outsourcing is the form of BPO which deals primarily with in-house necessities of business. These include payroll, billing, or similar tasks.

Front office BPO refers to outsourcing tasks that include customer services, such as marketing.

Your company might benefit from one or both types of outsourcing. The type of outsourcing that will be most beneficial depends on your company’s specific needs.

Types of Outsourcing

When most people hear the word “outsourcing” they think of offshore outsourcing. But this isn’t the only kind of BPO.

Offshore outsourcing happens when your company hires a company located overseas to fulfill certain work requirements. One example is a company based in the United States outsourcing to a company in India.

Nearshore outsourcing happens when you contract work to a neighboring country. An example of this is if your company is in the USA and you outsource to Mexico.

Onshore outsourcing is when you outsource work to another company within your own country. An example is when a USA-based company hires a USA-based outsourcing firm.

Offshore outsourcing is the most common, but it’s not the only option. You can also find third-party outsourcing business in locations that are closer to home. Khired Network , for example, is located in Irving, Texas.

Answer 3

3 Types