What is 'Business Process Outsourcing - BPO'
Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors. When business process outsourcing began, it applied chiefly to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains. However, it is now applicable to the outsourcing of services.
Many businesses, from small startups to large companies, choose to outsource processes as new and innovative services are being offered in an ever-changing, highly competitive business climate. Two areas in which companies adopt business process outsourcing are in the back office and front office. People who work in the back office are typically tasked with internal business functions, such as logistics, collections and receivables or procurement. Back office outsourcing refers to contracting a company’s core business operations — accounting, payment processing, IT services, human resources, regulatory compliance, quality assurance, etc. — to well versed professionals who can ensure that the business runs smoothly.
Examples of commonly outsourced front office tasks include customer-related services like tech support, inbound and outbound sales, trading and marketing.
Consulting Aavula Business consultancy – we help companies assess their skills and choose a new direction which utilizes the talents of the team and resources most productively.
Some of our BPO Services
Turnaround Consulting
Companies dislike the term ‘turnaround consulting’ because it represents failure. The truth is that turnaround consulting represents success.
Bonds & Commodities
Bonds and commodities are much more stable than stocks and trades. We allow our clients to invest in the right bonds & commodities.
Audit & Assurance
Audit and assurance is all about meticulous data analysis. Everything needs to be checked, double checked, and triple checked.
Trades & Stocks
This allows us to specialize in all dimensions of trades and stocks, because we have a specialist within the team for every scenario.
Strategic Planning
We work with our clients and do a deep analysis of their business. We help prepare possible outcomes to different decisions.
Financial Projections
This stops companies from taking drastic measures like downsizing or closing down sites; those things happen only with no or bad financial projections.
International Business Opportunities
We allow you to enter international waters without having to worry about making a mistake, as we use our international experience.
Business Planning, Strategy & Execution
Execution is the single most important part of the whole process, poor execution can result in a lot of lost time and money.