BPO

Business Process Outsourcing

The practice of contracting specific business processes or operations to a third-party service provider. BPO companies take over various non-core business functions, such as customer support, data entry, human resources, accounting, etc. By outsourcing these processes, companies can focus on their core activities and leverage the expertise and efficiency of specialized BPO providers. BPO services are commonly utilized by organizations looking to reduce costs, improve operational efficiency, and access specialized skills or technology.

• Abbreviation: BPO