BPO Jobs
KNOW ABOUT BPO-Business Process Outsourcing?
Business process outsourcing (BPO) is the act of giving a third-party the responsibility of running what would otherwise be an internal system or service. For instance, an insurance company might outsource their claims processing program or a bank might outsource their loan processing system. Other common examples of BPO are call centres and payroll outsourcing.
There are an estimated 300,000 mainly young people working in the roughly five-year-old outsourcing industry, which is set to grow 40 per cent in 2005 and hit revenues of $5.1 billion, according to an industry study.
A study by the National Association of Software and Service Companies (Nasscom) projects business process outsourcing --shifting jobs from countries like the United States or Britain to countries like
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