Business Process Outsourcing(BPO) is an arrangement of operations in which one company assigned its specific business operation to a third-party service provider company. Traditional Business Process Outsourcing operation was held locally means companies hire a third-party service provider within the country. Now the scope of Business Process Outsourcing has been become wider by crossing the border barriers. Now companies hire third-party service providers within the country and as well as outside the countries.

Type Of Business Process Outsourcing

There is three types of Business Process Outsourcing.

1. Offshore Outsourcing
2. Onshore Outsourcing
3. Nearshore Outsourcing

Offshore Outsourcing
Business Process Outsourcing that is contracted outside a company’s own country is called offshore outsourcing.

Onshore Outsourcing
Business Process Outsourcing that is contracted within the company’s own country is called onshore outsourcing.

Nearshore Outsourcing
Business Process Outsourcing that is contracted to a neighboring country is sometimes called nearshore outsourcing.

Benefits Of Business Process Outsourcing

Save Cost And Time
Business Process Outsourcing provides companies benefits of cost-saving. Organizations can save cost associated with employees salary and hiring the employee. Hiring new employees is a time-consuming activity. We know the importance of time in every field of life. Through Outsourcing, we save too much time and utilize this time in another business process to enhance the performance of the business.

Focus On Main Process
The biggest benefit of Business Process Outsourcing is we can focus on the main operation of businesses. By Outsourcing, we assign some operations to third-party and we can focus on the core process of our business and increase our business performance in a better way.

Languages Issue
If your business is spread in the whole world and you need to communicate with the customer of different languages its becomes difficult to handle these different languages speaking customers. BPO provides ease, Third-party service provider staff are able to communicate in different languages.