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Topic: Business Processing Outsourcing

In the News (Mon 18 Mar 19)

  Outsourcing - Wikipedia, the free encyclopedia
Outsourcing is a business decision that is often made to focus on core competences.
The term "outsourcing" became more well known largely because of a growth in the number of high-tech companies in the early 1990s that were often not large enough to be able to easily maintain large customer service departments of their own.
Thus, outsourcing is criticized as it represents a new threat to labor, contributing to rampant worker insecurity, and reflective of the general process of globalization where the United States government fails to mediate business-labor relations in a way conducive to prevailing values that places the American middle class worker as a central priority.
en.wikipedia.org /wiki/Business_Processing_Outsourcing   (2343 words)

 business process outsourcing - a Whatis.com definition
Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain their position in the marketplace.
BPO is often divided into two categories: back office outsourcing which includes internal business functions such as billing or purchasing, and front office outsourcing which includes customer-related services such as marketing or tech support.
BPO that is contracted to a company's neighboring country is sometimes called nearshore outsourcing, and BPO that is contracted with the company's own county is sometimes called onshore outsourcing.
whatis.techtarget.com /gDefinition/0,294236,sid19_gci928308,00.html   (195 words)

 Business Processing Outsourcing   (Site not responding. Last check: 2007-11-05)
In other words, the owners and operators of a business have as one of their main objectives to receive orgenerate a financial return for their time, effort and capital.
Typically, processing describes the act of taking something through an established and usually routine set ofprocedures to convert it from one form to another, as a manufacturing procedure (processing milk into cheese) or administrative procedure (processing paperwork to granta mortgage loan).
Outsourcing business is characterized by expertise not inherent to thecore of the client organization.
www.swingdancemusic.com /send/36107-business%20processing%20outsourcing.html   (657 words)

 Business process outsourcing - caution recommended
Business process outsourcing (BPO) rapidly grew from an attractive concept in the late 1990s to a mainstream reality with vendors making significant investment in the facilities, technology and skills to partner with a wide range of industries.
BPO is essentially the delegation of one or more IT intensive business processes to an external provider that owns, administers and manages those processes based on predefined and measurable metrics.
Outsourcing companies and services customers must work together to develop contracts that are flexible to adjust to the changing demands in the sourcing industry, according to Gartner.
www.istart.co.nz /index/HM20/PC0/PV21902/EX245/AR24121   (1318 words)

 Articles Search engine Marketing Website Optimization Reciprocal Linking Web Solutions
Business process outsourcing (BPO) is defined as delegating an IT enabled business process to a third party that owns, administers and runs the process according to a laid set of metrics.
Outsourcing is the use of outside business relationships to perform necessary business activities and processes on basis of internal capabilities, i.e.
Successful companies are incorporating outsourcing as a key strategy for their growth and differentiation and have accepted outsourcing as a critical factor for business survival for it is said to be needed in both, bad times to cut operating costs and good times to focus on company’s growth.
www.iconhorizons.com /art_bpo.htm   (392 words)

 Worldwide Business Process Outsourcing Revenue to Increase
The Asia/Pacific BPO market is expected to grow 7.8 percent in 2003, to $8.7 billion, but it is then forecast to have double-digit growth during the next few years.
Gartner analysts recommend that BPO service providers begin targeting opportunities in other geographic regions during the next three to five years, but they must be cautious not to promise too much, in order to limit the impact of disillusionment in the BPO market.
The Gartner Outsourcing Summit is the most comprehensive conference ever organized for users of outsourcing services, providing a 360-degree view of today's most important outsourcing issues, including offshore outsourcing, business process outsourcing, cost containment, buying smart, and optimizing deals through the Gartner Strategic Sourcing Life Cycle.
www.gartner.com /press_releases/pr10june2003a.html   (985 words)

 Business Outsourcing Services,Business Process Outsourcing,Outsourcing Services India,Business Process Outsourcing ...
Providing solutions for business process outsourcing such as analysis and review of financial report, preparation of brokerage statement, loan processing, data entry, data processing, project and new venture consultancy, family business planning.
Business consultancy firm provides business process outsourcing consultancy services, knoweldge process outsourcing and provides a online platform for outsourcing organizations and those outsourcing their business to interact with each other.
Providing business process outsourcing services in varied fields from back office services to credit card processing, medical billing, insurance claim processing, payroll processing, accounting and taxation services, financial account outsourcing service.
catalogs.indiamart.com /services/business-outsourcing-services.html   (1667 words)

 Payroll Processing, Business Process Outsourcing   (Site not responding. Last check: 2007-11-05)
Outsourcing is the use of external providers for service, typically handled internally, on a regular or permanent basis.
Outsourcing is a business practice that conjures up different images and feelings for many people.
Take over Business Process by us is preceded by BPR and advice on Best Practices in the Industry.
www.hsassociates.org /bpo   (285 words)

 Business process outsourcing. BPO. Tatet   (Site not responding. Last check: 2007-11-05)
DevelopAll minimizes the risks associated with outsourcing by helping you to decide which business processes should be outsourced, finding the right team abroad, structuring your contract, overseeing the work progress and handling international financial transactions.
We believe that the new generation of business processes in the services industries will be workflows that are tightly integrated and managed, but can be decomposed and executed in the location, which offers the best price/ performance.
It was a welcome addition to the business vocabulary as, prior to the introduction of the term, the domestication decision involved a decision to either produ...
tatet.com /search-business_process_outsourcing.html   (522 words)

 Business Processing Outsourcing Solutions & BPO Management   (Site not responding. Last check: 2007-11-05)
"The key to success in all BPO engagements -- regardless of process or industry -- is the ability to measure process performance before a process is outsourced and during the lifecycle of the engagement.
Oblicore Guarantee helps enterprises that are outsourcing, as well as outsourcing service providers, by providing real-time visibility into outsourcing performance and by reducing the cost and effort of reporting.
www.oblicore.com /solutions/outsourcing.php   (405 words)

 Offshore Outsourcing Contract Management| Offshore BPO contracts SLAs | Mantra Technologies
Whatever the current trend in information technology and business processing outsourcing, the key issue confronting lawyers representing customers remains the same -- how to allocate the costs and benefits that will result from changes to the outsourcing relationship over time.
Moreover, if the customer had not outsourced and was instead managing the environment itself, it is likely that it could implement non-material changes by managing existing resources without incurring additional costs for personnel or other resources.
The key issue confronting lawyers representing outsourcing customers in long-term information technology or business process outsourcing transactions is how to allocate the costs and benefits that will result from changes to the outsourcing relationship over time, under circumstances in which the nature, timing, and magnitude of the changes are unpredictable.
www.pk2tech.com /information/Contractingissues.htm   (1313 words)

 Business processing outsourcing | Offshore BPO Provider | BPO   (Site not responding. Last check: 2007-11-05)
A step beyond IT Outsourcing, Business process outsourcing (BPO) is increasingly becoming the strategic choice of companies looking to achieve cost reductions while improving their service quality, increasing shareholder value and focusing on their core business capabilities.
Business Process outsourcing (BPO) is the delegation of an intensive business process to an outside service provider who owns administers and manages it according to a defined set of metrics.
Business-process outsourcing (BPO) is generally for back-end administrative functions that are necessary to run a business but are not a part of the core business.
www.desss.com /bpo.htm   (390 words)

 Unisys IT & Business Outsourcing: Banks and Insurers
Business process outsourcing that transforms operations — Banks and insurers will continue to outsource non-strategic business processes in 2004 and increasingly look to move functions outside not only to achieve cost savings but to transform these operations for more competitive results as they face challenging business realities.
Banks, for example, will choose outsourcing partners to manage check processing that can develop, implement and continually enhance complete digital solutions to address the growing global trend toward check-image processing.
Cooperation in business process utilities to further add scale and save costs — In 2004, the financial services industry will see greater awareness and acceptance of outsourced business process utilities.
www.unisys.com /about__unisys/partners/partner__news/01128370.htm   (1105 words)

 Business Processing Outsourcing Companies related information and resources   (Site not responding. Last check: 2007-11-05)
As the web develops big business and entrepreneurs expand business processing outsourcing companies their online presence A distinct benefit that electronic commerce offers to retailers have over traditional physical enterprises is that business processing outsourcing companies the cost of operations is considerably less.
Consequently we made a business processing outsourcing companies deliberate decision to create a site that could point you in the business processing outsourcing companies right direction.
As the mushrooming of e-commerce continues businesses expand with the increased business from Internet business processing outsourcing companies sales One of the big advantages that online retailers have over regular establishments is the greatly reduced costs of running their business.
www.outsourceaid.com /ww/business-processing-outsourcing-companies.htm   (611 words)

 Management Update: The HR Business Process Outsourcing Market Is Booming   (Site not responding. Last check: 2007-11-05)
Enterprises must keep those questions at the heart of their decisions about whether to outsource HR, to what extent that business process will be outsourced, and which vendor to choose.
When considering outsourcing HR, enterprises must first determine whether it is appropriate to outsource the entire spectrum of HR processes, a single HR subprocess or a piece of a process.
However, as BPO is widely adopted for back-office functions, Gartner expects that it will also gain increased traction in additional, interenterprise process areas, such as demand and supply management.
wwwdev.itap.purdue.edu /itresources/gartner/research/116100/116118/116118.html   (2051 words)

 FlexiInternational Software BPO Partner   (Site not responding. Last check: 2007-11-05)
As a Business Processing Outsourcing provider you may have seen great success offering outsourcing services in the IT, payroll and human resources market.
Our BPO partner program gives you the tools to properly move into Finance & Accounting, with the benefit of Flexi’s years of experience and expert knowledge of accounting and financial management.
There are significant advantages for a BPO provider that can process Accounts Payable, Receivable and other Finance & Accounting functions for multiple clients in the same facility with the same software.
www.flexi.com /Partnership/BPO-Partner/BPO_Partner.asp   (406 words)

 IT firms expand from PCs to payroll | Tech News on ZDNet   (Site not responding. Last check: 2007-11-05)
Business process outsourcing is not a new field.
Processing insurance claims and handling student loan collections for banks may not be as glamorous as designing a new computer network architecture, but those business tasks represent a large expense that companies are eager to trim, says Lesley Pool, chief marketing officer for Dallas-based Affiliated Computer Services, which provides IT services and business process outsourcing.
But its BPO approach is a bit different from that of other IT services companies, in that it focuses on processes that can be highly automated, such as developing an efficient procurement system.
news.zdnet.com /2100-9595_22-980495.html   (2041 words)

 Business Process Outsourcing Solutions   (Site not responding. Last check: 2007-11-05)
In order to meet these goals, business process outsourcing (BPO) has increasingly become the preferred solution by leveraging global sourcing models built on global service delivery.
Outsourced solutions for Accounts Payable and Accounts Receivable - Reducing the cost to process an invoice by up to 50%.
The individual elements of our BPO solutions can be utilized to meet your specialized needs, whether it be incoming mail processing, document scanning and backfile conversion, microfilm scanning, data capture, web based
www.lason.com   (331 words)

 Business Processing Outsourcing   (Site not responding. Last check: 2007-11-05)
The challenge of growth and the race among organizations to keep up with new technology, and the struggle to stay competitive, have resulted in organizations reevaluating their business processes.
BPO is designed to provide functional support for your technology-intensive business processes that enable your organization to focus on the areas that immediately impact your bottom line.
Through our benchmarking and BPO performance metrics, we provide you fast, measurable results combined with long-term competitive advantage in order to achieve market success.
www.hiplintranet.com /bpo.htm   (285 words)

 Business Process Outsourcing   (Site not responding. Last check: 2007-11-05)
Procter & Gamble is in final, exclusive negotiations to award IBM a business process outsourcing contract to provide human......
Organisations considering offshore business processing outsourcing (BPO) may discover that it is more appropriate to open their......
Outsourcing experts have predicted there will be a sharp rise in offshore business process outsourcing deals in the utility......
www.computerweekly.com /A-Z/Landing/1002/2000036/Page5.htm   (236 words)

 Business Processing Outsourcing, BPO, IT Spending
"Business process outsourcing will have the biggest spending increase, with banks reporting a 28% compound annual growth rate between 2002 and 2004, " said Robert J. Landry, the vice president of research and corporate development at TowerGroup.
"The bump in BPO, or business process outsourcing, is explained by banks' desire to move to variable from fixed cost structures, Mr.
Also, banks that have traditionally found it difficult to implement change in labor-intensive areas, which are covered under the BPO rubric, are more comfortable now with vendors that are experts in these areas, he said.
www.carretek.com /main/news/articles/IT_spending_aba_10-30-2003.htm   (489 words)

 Business Process Outsourcing BPO - Outsourcing Solutions   (Site not responding. Last check: 2007-11-05)
Choosing to outsource a business process is critical business decision, and there's little room for error.
It is important to clearly define what your objectives are for BPO, and what expectations you have to ensure that the outsourcing effort is successful.
While it is important to tap into a BPO provider's experience with a particular process, it is also important to feel that the process will be handled in a way that meets your objectives of managing costs and adding value to customer service.
www.efunds.com /us/en/solutions/globaloutsourcing/resources/whatToOut.html   (541 words)

 Procure-to-Pay Payment Services
HP Business Process Outsourcing (BPO) Procurement Services can help reduce operating costs by enabling your organization to efficiently and effectively source, procure and pay for the materials and services required to run your day-to-day business - as well as formulate core business offerings.
Leveraging our strength and experience in payment processing, we work with you to bring greater efficiencies to the procurement process.
During the transition assessment, we will work with you to ensure business controls and regulatory compliance become part of the solution design.
www.homeandoffice.hp.com /services/cache/83108-0-0-59-103.html   (383 words)

 Millennium Business Services, Inc.
MBSI was organized in 1996 and since then has grown to be one of the major players in its line of business, servicing the business process outsourcing needs of close to a hundred satisfied clients.
The trend nowadays is for business entities to outsource their so-called "back office" support activities such as accounting, payroll, payables processing, tax compliance, legal, insurance, collection, messengerial and certain aspects of treasury and human resource development.
This enables them to concentrate more on their core business, thereby enabling them to provide better products and services to their customers and improve their competitive edge, while allowing outside specialists to do the back office activities for them at lower cost and with better quality of service.
www.mbsi.com.ph   (436 words)

 Business Process Outsourcing | Capgemini
By leveraging our experience in both business transformation and business process outsourcing, we combine strategies for tailored client specific solutions.
Our collaborative approach brings together thought leaders and business process experts from our industry consulting practices and we call on our strategic alliances with business process specialists and technology vendors to bring their core competencies.
Our “Rightshore“™ approach leverages global delivery to place processes, services and/or functions in the best location, tailored and coordinated to meet specific business goals.
www.capgemini.com /services/outsourcing/bpo   (195 words)

 Business Processing Outsourcing related information and resources   (Site not responding. Last check: 2007-11-05)
There's so business processing outsourcing much quality info on that it's often very hard to know where to start.
When we began this business processing outsourcing site we knew that we hoped to centralize in providing you the business processing outsourcing relevant and reliable places online for, we believe we have achieved that.
The net result of our concern business processing outsourcing is that we determined that a site like this was definitely needed.
www.outsourceaid.com /ww/business-processing-outsourcing.htm   (576 words)

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