Business  Process  Outsourcing AN INDUSTRY OVERVIEW BY  M.VANI PRASUNA
Overview Outsourcing BPO/Types of BPO Different types of services offered by BPO Challenges for a HR professional in BPO Employee Benefits/Disadvantages in BPO
  What is Outsourcing? Outsourcing  is defined as an organization entering into a contract with another organization to operate and manage one or more of its business processes Companies began employing the outsourcing to carry out narrow functions, such as payroll, billing and data entry  some organizations outsource whole operations. The most common forms are   ITO-   Information technology outsourcing    BPO- Business process outsourcing
  Outsourcing to India BPO : Business Process Outsourcing CRM, Medical Transcription, Call Centers ITES : Information Technology Enabled Services Software development, Data entry, Programming,  Web development services KPO : Knowledge Process Outsourcing Financial Analysis, Legal Services
OUTSOURCING  TO INDIA
  What is BPO? Business process.  BPO is the contracting of a specific business task, such as human resources and customer service, to a third-party service provider. It is one of the fastest growing segments of the Information Technology Enabled Services (ITES) industry.
  Business process   outsourcing (BPO) - Types There are three types of BPO. Offshore Outsourcing : BPO that is contracted outside a company's own country  Onshore Outsourcing  : BPO that is contracted with the company's own country.  Nearshore Outsourcing  : BPO that is contracted to a company's neighboring country
Two Categories of BPO Back Office Outsourcing: It includes internal business functions, such as billing or purchasing. Front Office Outsourcing: It includes customer-related services such as marketing or tech-support.
Why BPO is gaining    ground? Few of the motivation factors are: Factor Cost Advantage  Economy of Scale  Business Risk Mitigation  Superior Competency  Utilization Improvement
  India's BPO Market in 2008     Indian revenues from BPO are estimated to have  grown 107 per cent to $ 583 million.
  Comparison of India Vs US    BPO operating costs
  Different Types of services    being offered by BPO   Customer Support Services Technical Support Services Telemarketing Services   Employee IT Help-desk Services   Insurance Processing   Policy Maintenance / Management:   Data Entry Services / Data Processing Services Scanning, OCR with Editing & Indexing Services   Internet / Online / Web Research
  Current Top Indian    Rankers Genpact WNS Wipro BPO HCL Technologies BPO Services ICICI OneSource IBM Daksh Progeon (Infosys) Aegis BPO Services EXL Service Holdings Convergys  Zenta  Mphasis Tracmail  GTL Ltd.  VCustomer  HTMT  24/7 Customer  Sutherland Technologies
  Employee Benefits Provided by    Majority Of the BPO Companies   Provident Fund  Gratuity  Corporate Credit Card  Cellular Phone/ Laptop  Loans  Personal Health Care incentives Educational Benefits  Performance based  Flexible Salary Benefits  Wedding Day Gift Transportation facility Recreation, Cafeteria, ATM and Concierge facilities
  Disadvantages of BPO Odd working hours  Health issues Abusive clients  Age factor  Social issues / alcohol consumption / sex issues  Future trend of call center jobs
Why people Prefer BPO … Did not get a better job  Find nothing better to do  Education level doesn't matter  Good work environment  Good Benefits  Flexibility of time  Attractive life style  Transport facility  Leave BPO … No growth opportunity/lack of promotion  For higher Salary  For Higher education  Misguidance by the company  Policies and procedures are not conducive  Physical strains  Uneasy relationship with peers or managers
  Reference  The Basics of Business Process Outsourcing: http://www.sourcingmag.com/content/c06045a.asp Article Source:  Benefits/ Disadvantages of BPO   http://www.saching.com   Article Source: BPO Industry in India  http://www.bpoindia.org

BPO

  • 1.
    Business Process Outsourcing AN INDUSTRY OVERVIEW BY M.VANI PRASUNA
  • 2.
    Overview Outsourcing BPO/Typesof BPO Different types of services offered by BPO Challenges for a HR professional in BPO Employee Benefits/Disadvantages in BPO
  • 3.
    Whatis Outsourcing? Outsourcing is defined as an organization entering into a contract with another organization to operate and manage one or more of its business processes Companies began employing the outsourcing to carry out narrow functions, such as payroll, billing and data entry some organizations outsource whole operations. The most common forms are ITO- Information technology outsourcing BPO- Business process outsourcing
  • 4.
    Outsourcingto India BPO : Business Process Outsourcing CRM, Medical Transcription, Call Centers ITES : Information Technology Enabled Services Software development, Data entry, Programming, Web development services KPO : Knowledge Process Outsourcing Financial Analysis, Legal Services
  • 5.
  • 6.
    Whatis BPO? Business process. BPO is the contracting of a specific business task, such as human resources and customer service, to a third-party service provider. It is one of the fastest growing segments of the Information Technology Enabled Services (ITES) industry.
  • 7.
    Businessprocess outsourcing (BPO) - Types There are three types of BPO. Offshore Outsourcing : BPO that is contracted outside a company's own country Onshore Outsourcing : BPO that is contracted with the company's own country. Nearshore Outsourcing : BPO that is contracted to a company's neighboring country
  • 8.
    Two Categories ofBPO Back Office Outsourcing: It includes internal business functions, such as billing or purchasing. Front Office Outsourcing: It includes customer-related services such as marketing or tech-support.
  • 9.
    Why BPO isgaining ground? Few of the motivation factors are: Factor Cost Advantage Economy of Scale Business Risk Mitigation Superior Competency Utilization Improvement
  • 10.
    India'sBPO Market in 2008 Indian revenues from BPO are estimated to have grown 107 per cent to $ 583 million.
  • 11.
    Comparisonof India Vs US BPO operating costs
  • 12.
    DifferentTypes of services being offered by BPO Customer Support Services Technical Support Services Telemarketing Services Employee IT Help-desk Services Insurance Processing Policy Maintenance / Management: Data Entry Services / Data Processing Services Scanning, OCR with Editing & Indexing Services Internet / Online / Web Research
  • 13.
    CurrentTop Indian Rankers Genpact WNS Wipro BPO HCL Technologies BPO Services ICICI OneSource IBM Daksh Progeon (Infosys) Aegis BPO Services EXL Service Holdings Convergys Zenta Mphasis Tracmail GTL Ltd. VCustomer HTMT 24/7 Customer Sutherland Technologies
  • 14.
    EmployeeBenefits Provided by Majority Of the BPO Companies Provident Fund Gratuity Corporate Credit Card Cellular Phone/ Laptop Loans Personal Health Care incentives Educational Benefits Performance based Flexible Salary Benefits Wedding Day Gift Transportation facility Recreation, Cafeteria, ATM and Concierge facilities
  • 15.
    Disadvantagesof BPO Odd working hours Health issues Abusive clients Age factor Social issues / alcohol consumption / sex issues Future trend of call center jobs
  • 16.
    Why people PreferBPO … Did not get a better job Find nothing better to do Education level doesn't matter Good work environment Good Benefits Flexibility of time Attractive life style Transport facility Leave BPO … No growth opportunity/lack of promotion For higher Salary For Higher education Misguidance by the company Policies and procedures are not conducive Physical strains Uneasy relationship with peers or managers
  • 17.
    Reference The Basics of Business Process Outsourcing: http://www.sourcingmag.com/content/c06045a.asp Article Source: Benefits/ Disadvantages of BPO http://www.saching.com Article Source: BPO Industry in India http://www.bpoindia.org