article thumbnail

How AI Can Transform the BPO Industry in 2024?

Offshore India Data Entry

Introduction The Business Process Outsourcing (BPO) industry is on the brink of a major transformation in 2024. What Is BPO and Its Evolution Business Process Outsourcing, or BPO, is a business practice that involves contracting out certain operations and responsibilities to third-party service providers.

BPO 105
article thumbnail

What Is Outsourcing? All You Need To Know!

31 West

These refer to three different types of outsourcing: Business Process Outsourcing (BPO) involves getting a third party to handle certain operational functions, e.g., customer services, payroll, accounting, inventory etc. Knowledge Process Outsourcing (KPO) requires more advanced technical skills.