Business process outsourcing, or BPO, continues to become a lucrative industry. In 2021, its market value was USD 245.9 billion, and it is expected to have a compound annual growth rate (CAGR) of 9.1% from 2022 to 2030. Much of the drivers of the business process outsourcing industry’s economic success has to do with organizations… Continue reading 7 Popular Business Process Outsourcing Trends
As technological systems become increasingly complex and interconnected, outsourcing IT departments has become more common. A fully functioning IT department stands as the backbone to maintain operational efficiency. This department is responsible for identifying and addressing tech-related issues, ensuring data security, and supporting the entire workforce. This is why it is crucial for companies to… Continue reading Benefits Of An Outsourced IT Department: 10 Reasons To Do It Now
Business process outsourcing refers to outsourcing some business processes to an outside vendor, which can be based anywhere in the world. A service provider’s post-contractual duties include everything from claims and invoice processing to full-fledged HR operations (including recruitment, onboarding, and exit interviews). The provider is often also accountable for monitoring service level agreements (SLAs)… Continue reading 4-Step Process For Business Process Outsourcing
World-class BPO solutions for the world’s leading brands. Get in Gear today.
Contact:
E: info@gearinc.com
