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Outsourcing)?
What is Business Process Outsourcing?
Business Process Outsourcing, or BPO, refers to the process of contracting
standard business functions to be handled by a party outside of the company.
Customer service
Accounting
Payroll
Human resources management
Companies can often benefit from implementing the practice of BPO, meaning
more flexibility and cost efficiency can be achieved. Third-party providers set
up for a dedicated task such as payroll perform more efficiently and are able to
transfer those cost savings to their clients.