Question

Explain advantages of Business Process Outsourcing (BPO).

Answer 1

1. Productivity improvement: Educated or skilled people perform the task efficiently and thus improve productivity.
2. Optimum utilization: BPO enables optimum utilization of scarce resources.
3. Reduction in cost: Cost saving can be significant to any business. BPO not only helps to reduce costs but also increases productivity and increases revenues.
4. Improved human resources: Improved human resources is another great advantage of BPO. Outsourcing allows a company to get access to skilled and trained manpower at low rates.