Explain about bpo?

Question

Explain about bpo?

Accepted Answer

BPO stands for Business Process Outsourcing, where companies outsource non-core business functions to third-party service providers.

BPO involves contracting a third-party service provider to handle specific business processes, such as customer service, technical support, data entry, and more.
It helps companies focus on their core competencies while reducing costs and improving efficiency.
BPO services can be offered onshore, nearshore, or offshore, depending on the location of the service provider.
Common BPO services include call centers, back-office operations, accounting, human resources, and IT support.
Examples of BPO companies include Accenture, Convergys, and Genpact.

Accepted Answer

Business Process Outsourcing, or BPO, refers to the process of contracting standard business functions to be handled by a party outside of the company. Those in the BPO industry can provide this support thanks to their strong understanding of organizational processes

Explain about bpo?

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