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Pot of Gold: Be Smart (Not Lucky) With Outsourcing Business Processes

inDinero

Investopedia’s definition of BPO is: Business process outsourcing ( BPO ) is a method of subcontracting various business-related operations to third-party vendors. There are several subsets of BPO, such as offshore (out-of-country) outsourcing, industry-specific (IT or Manufacturing) outsourcing, or project outsourcing.

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Problems that Can be Solved by Outsourcing

Magellan Solutions

The most effective strategy to define a proper goal for your outsourcing process and prevent goal mismatch is through proper communication. Always confirm your project outsourcing requirements, then communicate those requirements to your vendor to keep the two businesses on the same page. . LANGUAGE & CULTURAL DIFFERENCE .