BPO refers to outsourcing non-core back office functions like payroll and customer support to reduce costs. KPO is the outsourcing of knowledge-based processes requiring more skilled professionals like lawyers, doctors and engineers. While BPO focuses on standardized transactional processes, KPO involves higher value work like research and patent processing. The KPO industry is expected to grow faster than BPO due to its advantages and future potential. Major KPO companies providing high-skilled outsourcing include Inductis, WNS Global, Accenture and Aptara.
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BPO refers to outsourcing non-core back office functions like payroll and customer support to reduce costs. KPO is the outsourcing of knowledge-based processes requiring more skilled professionals like lawyers, doctors and engineers. While BPO focuses on standardized transactional processes, KPO involves higher value work like research and patent processing. The KPO industry is expected to grow faster than BPO due to its advantages and future potential. Major KPO companies providing high-skilled outsourcing include Inductis, WNS Global, Accenture and Aptara.
BPO refers to outsourcing non-core back office functions like payroll and customer support to reduce costs. KPO is the outsourcing of knowledge-based processes requiring more skilled professionals like lawyers, doctors and engineers. While BPO focuses on standardized transactional processes, KPO involves higher value work like research and patent processing. The KPO industry is expected to grow faster than BPO due to its advantages and future potential. Major KPO companies providing high-skilled outsourcing include Inductis, WNS Global, Accenture and Aptara.
Copyright:
Attribution Non-Commercial (BY-NC)
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Download as PPT, PDF, TXT or read online from Scribd
BPO refers to outsourcing non-core back office functions like payroll and customer support to reduce costs. KPO is the outsourcing of knowledge-based processes requiring more skilled professionals like lawyers, doctors and engineers. While BPO focuses on standardized transactional processes, KPO involves higher value work like research and patent processing. The KPO industry is expected to grow faster than BPO due to its advantages and future potential. Major KPO companies providing high-skilled outsourcing include Inductis, WNS Global, Accenture and Aptara.
Copyright:
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• BPO stands for Business Process Outsourcing. • Major corporations in the US and Europe are outsourcing their back office operations to India to save costs. • • e.g. employee payroll, data entry, voice calling for back end activities etc. • Although these jobs usually are not directly IT- related, their data-based orientation often means that they require IT departmental support to be successfully outsourced. What is KPO?
• It is being claimed that KPO is one step
extension of Business Processing Outsourcing (BPO) because BPO Industry is shaping into Knowledge Process Outsourcing because of its favorable advantageous and future scope. • But, let us not treat it only a 'B' replaced by a 'K'. • In fact, Knowledge process can be defined as high added value processes chain where the achievement of objectives is highly dependent on the skills, domain knowledge and experience of the people carrying out the activity. • And when this activity gets outsourced a new business activity emerges, which is generally known as Knowledge Process Outsourcing. • The major difference is that BPO insist for labor and requires less skilled employees while KPO requires highly knowledge in the area that is outsourced like lawyers, doctors, MBA and skilled engineers . • The salary of KPO employee is much higher than offered to the BPO employee as the people working for KPO are highly qualified such as Engineer, D octor, CA, Lawyer etc. KPO which came in Eco Times: • The Knowledge Process Outsourcing industry (KPO) will grow 4 5 % size by 2 0 1 0 .The BPO industry , only 2. 6 % • In BPOs there is a pre-defined way to solve a problem. BPOs will normally include transaction processing, setting up a bank account, selling an insurance policy, technical support, voice and email-based support . • It’s not just a ‘B’ replaced by a ‘K’. KPO involves high-end processes like valuation research, investment research, patent filing, legal and insurance claims processing, etc. The biggest companies in KPO sector • The biggest companies in KPO sector include • Inductis • wns global • Accenture • Aptara • Evalueserve • McKinsey • R ocSearch • KPO is providing with a large number of career opportunities for educated and capable professionals. Top BPO call centers