BPO, or business process outsourcing, is a subset of outsourcing that involves contracting the operations and responsibilities of a specific business process to a third-party service provider. BPO services are typically separated into two categories: back office outsourcing, which includes internal business functions such as human resources, finance, and accounting, and front office outsourcing, which includes contact center services. Often the business processes are information technology-based.
Benefits of BPO Services
The main advantage of any business process outsourcing service is the way in which it helps increase a company’s flexibility. There are different ways in which to perceive organizational flexibility, such as cost efficiency, time flexibility, and direct quality control. Most BPO services can help your business become more flexible by transforming fixed expenses into a variable cost structure and help you respond to changes without investing in assets.
Another way that business process outsourcing services contribute to your flexibility is that you are able to focus on your core competencies. Your key employees are released from performing non-core or administrative processes, and can invest more time and energy into building your core business. Finally, outsourcing your business processes allows you to retain your entrepreneurial speed and agility, helping your business to grow faster while avoiding the sacrifice of some of your core processes.
When considering BPO services, you need to make certain that you hire the right company to work for you. By ensuring that your chosen service provider will deliver the service levels you need, in addition to their ability to be flexible and adapt to any changes requirements you might have, you can be certain that you’re gaining an asset, not a liability. For example, working with a company that is comfortable with multiple different communication channels can contribute to the smooth operation of a help desk, as not everyone prefers to communicate via phone; some prefer text messages, others use e-mail, and still others like social media
Managing your risks and threats is another essential part of hiring a BPO service provider. To do so effectively, be sure that you evaluate said provider’s business management model, and look for a company that lays out a set of steps to identify, manage, and control the business processes you outsource. By examining these processes, you can ensure that they align with your business goals, and will provide you with the benefits you need, rather than creating a new hassle to deal with.
If you’re ready to shift your focus from administrative and non-core tasks to propelling your organization forward, it might be time to consider business process outsourcing services. For more information about how BPO services can enhance your business, contact Ansafone today!