an insight to business process outsourcing

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AN INSIGHT TO BUSINESS PROCESS OUTSOURCING

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Page 1: An Insight to Business Process Outsourcing

AN INSIGHT TO BUSINESS

PROCESSOUTSOURCING

Page 2: An Insight to Business Process Outsourcing

A Subset ofOutsourcing thatContains the

Contracting of theResponsibil it ies andOperations of aSpecif ic BusinessProcess to a ThirdParty ServiceProvider .

BUS INESSPROCESS

OUTSOURC ING

Page 3: An Insight to Business Process Outsourcing

WHAT TO OUTSOURCE?

Page 4: An Insight to Business Process Outsourcing
Page 5: An Insight to Business Process Outsourcing

TYPES OFOUTSOURCING

Page 6: An Insight to Business Process Outsourcing

BACK OFFICEOUTSOURCING

Back Office Outsourcing, which includesinternal business functions such ashuman resources or finance andaccounting, data management, legalsupport, payroll etc.

Page 7: An Insight to Business Process Outsourcing

FRONT OFFICEOUTSOURCING

Front Office Outsourcing, whichincludes customer related servicessuch as contact or call centreservices.

Page 8: An Insight to Business Process Outsourcing

BPO that iscontracted toa company'snearbycountry isknown asnearshoreoutsourcing.

OTHER TYPES-

BPO that iscontractedoutside acompany'scountry isknown asoffshoreoutsourcing.

OffshoreOutsourcing

NearshoreOutsourcing

Page 9: An Insight to Business Process Outsourcing
Page 10: An Insight to Business Process Outsourcing

Most Important Elements of an Outsourcing Project:

The Right PartnerCooperation with your Offshore TeamDeadlinesGood CommunicationHigh-quality ContractsProactive ManagementBusiness ReputationRealistic Expectations

Page 11: An Insight to Business Process Outsourcing

INDUSTRIESOUTSOURCING: Legal

Real EstateHealthcareManufacturingShipping and LogisticsRetail and WholesaleRestaurant and HospitalityTechnologyTelecomInsuranceFinance Accounting

Page 12: An Insight to Business Process Outsourcing

7 Signs That It's Time to Outsource

Your Employees Cannot Handle CertainTasksYour Budget Gets Tighter You Don’t Progress Because of the RoutineTasksYour Employees Don’t Provide Fresh IdeasYour Managers Are OverloadedYou Have Irregular Tasks to DoYou Cannot Find Real Professionals

Page 13: An Insight to Business Process Outsourcing
Page 14: An Insight to Business Process Outsourcing

Quality of the work

Level of communication & collaboration

Resource management

Cost Efficiency

Reputation of the company

5 Important Things Fims Look ForWhile Outsourcing