Business & Finance

What is BPO and what are advantages and dis advantages of BPO?


Top Answer
User Avatar
Wiki User
2017-04-11 09:12:52
2017-04-11 09:12:52

BPO stands for "business process out sourcing," and is better known as simply "out sourcing." It is basically the process by which a company can delegate certain functions of their business to a specialized organization who can get it done more cheaply, quickly, and efficiently.

BPO Advantages

  • Cost reductions- Cost reduction is done through process improvements, reengineering and use of technologies that reduce and bring administrative and other costs under control.
  • Concentration on core business- With the day-to-day back office operations taken care of, the management is free to concentrate more on the core business of the company.
  • Outside expertise- Company is saved from the hassles of recruiting and training personnel. BPOs ensure that experts from another company provide the needed guidance and skills.
  • Cater to changing customer demands- It is another great advantage of out sourcing the business processes. Many BPOs provide the management with flexible and scalable services to meet the customers' changing requirements, and to support company acquisitions, consolidations, and joint ventures.
  • Revenue increase- As stated above, by outsourcing non-core processes, companies can concentrate on increasing their sales and market share, develop new products; spread out into new markets and increase customer service and satisfaction
User Avatar

Related Questions

BPO or Business Process Outsourcing is a process in which an organization is purchasing services from another organization which specializes in certain functions that the former needed. Here are some disadvantages of BPO: -poor quality control -decreased company loyalty -a lengthy bid process -a loss of strategic alignment

The advantages of availing of BPO services are cost reduction, outside expertise, focus on core business, and revenue increase.

thue advantages and dis advantages of levelling

give the advantages and dis advantages of a centralized registry?

advantages of plastic:the railway track is done by plastic

AdvantagesTaste greatCheapMany ChoicesDis-AdvantagesFatHigh in saltSmall portions. (LOL)

I feel as a student there are advantages only no dis advantages

it holds the layer of fabric together

Advantages: -Life is easier -Life is more enjoyable -People live longer and are healthier -It's exciting Dis-advantages: -Certain technologies have the power to destroy or seriously damage nature.

over all advantages and dis advantages of industrial revelution

some disadvantages are that the weather is to hot. the advantages are that it is sometimes cold

what are the advantages and dis advantages of event handling in java

there are made of plastic and you can carry lots with them

advantages lots of people to help you dis loads

Only good things come from fraternitys, brah. Trust me

its easy to be break when it is weat

I am interested in Business Process Outsourcing because it is a big help to many companies. For me BPO is essential, because there are cases that are inevitable, like a company that is lacking for employees/workers to do certain functions in limited times. That company will have to ask the help/service of a BPO firm. BPO has many advantages. This is a good BPO firm in the Related Link below. Try to observe.

There are many advantages and disadvantages of sampling. These advantages include being able to try what you need before you buy.

you get paid a lot and the disantvantages is that you get to deel with bad people

Copyright ยฉ 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.