Simply put, BPOs can help different industries by absorbing non-essential core tasks such as, but not limited to:
- Payroll Processing
- Tax Solution
- Data Entry
- Document Processing
- Legal Services
By outsourcing the above mentioned tasks, a company is freed up and is better able to devote precious time and human and physical resources to more vital organizational functions.
Business Process Outsourcing (BPO) may sound new and highly technical, but it’s actually a business management practice that has been around for quite a while. Staffing, for example, is a service traditionally outsourced to near-shore third-party service providers and is a practice that has been done for decades. It is only now in the age of high-speed Internet that actual office work is being outsourced offshore and there is more than one reason why this has become a standard practice in many companies worldwide.
- COST – EFFICIENT
- OVERALL COMPANY PERFORMANCE ENHANCEMENT & EFFICIENCY
- BETTER FOCUS ON THE COMPANY’S CORE/PRIORITY FUNCTIONS
- BETTER HUMAN RESOURCE MANAGEMENT
- DEDICATED TO LOW-COST QUALITY SERVICE DELIVERED AND MANAGED BY HIGHLY COMPETENT INDIVIDUALS
Outsourcing non-essential organizational tasks to a low labour cost country results in HUGE savings for the company while still getting quality service. Simple, routine tasks such as bookkeeping or payroll processing for an entire company often requires a big number of additional employees, not to mention the space and equipment needed to support these.
By outsourcing these menial tasks, you eliminate the need to add floor space, equipment, or spend for the collaterals that come with maintenance costs.
Because it is no longer burdened by minor clerical or accounting tasks, the company is like a newly overhauled engine whose parts have been cleaned, unclogged, oiled, and re-calibrated.
Better performance and efficiency is not just expected, it is a certainty. Tracking deliveries, tracing invoices, or monitoring workers’ performance are only some examples of non-essential tasks that can be passed on to a BPO so the company can focus on other more important concerns thereby increasing its performance.
By unloading a company of non-essential functions and passing this on to an offshore service provider, the mother unit is better able to use its resources to focus on priority objectives, organizational targets, or even expansion goals.
Having a big number of employees don’t always mean efficiency. It also often means difficulty in managing their personal needs and rights.
Accounting and payroll processing are time consuming and complex and usually becomes a huge mess with periodic pay slip preparations and superannuation computations getting bungled up with tracking leave credits.
Outsourcing these tasks removes the difficulty from the company’s hands and passes this off to a service-provider whose manpower is solely devoted to doing its clients’ books, time sheets, payroll, or pay slips.
Find a BPO company whose employees are recruited with the specific end-task in mind.
Such a company would have well-trained and skilled managers who stay on top of every project and micromanage the staff.
They would also have a pool of more than two hundred highly qualified pool of business process experts with a collective work experience of thousands of hours.
Find one that is ready to commit its resources and extremely capable employees to your company, and will deliver positive and significant results for your business.