BPO Defined

Company

BPO Defined

Business Process Outsourcing (BPO) is the delegation of backoffice business functions to outside vendors that can take those functions and perform them in a manner that provides cost savings, increased efficiency, and strategic value.

The outsourcing of business functions has been an accepted practice in the marketplace for many years now. However, BPO differs from traditional outsourcing in that BPO vendors work with their clients to re-engineer their business processes to obtain maximum value and efficieny, in effect creating a strategic partnership.

OutsourceBiz focuses on providing innovative outsourcing solutions for the backoffice processes common to all businesses engaged in the processing of medical claims.

Outsourcing Non-Core Processes

When looking at the processes within an organization, it is important to distinguish between core and non-core processes. Core processes directly benefit the organization in growing, generating revenue, and establishing itself in the marketplace. Non-core processes are necessary to a company, but do not provide any intrinsic value to the company's growth.