Difference Between BPO and KPO

BPO is based on a set process and rules; KPO is based on the knowledge, expertise and judgment of the personnel. ... The focus of BPOs is on low-level processes and peripheral activities of the organization, whereas KPOs deal with knowledge, information and high-level processes.

1. What is BPO and KPO difference both definitions?
2. Which is better KPO or BPO?
3. What is the difference between BPO KPO and LPO?
4. What does a KPO company do?
5. What are the types of KPO?
6. Is Kpo a good career option?
7. What is the highest salary in BPO?
8. Is there any future in BPO?
9. How can I become a BPO?
10. What is LPO?
11. What is BPO KPO LPO ites?
12. What is full form of LPO?

What is BPO and KPO difference both definitions?

BPO can be defined as the outsourcing of non-primary activities to the third-party service provider for service to decrease the cost of the company and increase productivity and efficiency of the company whereas KPO refers to the outsourcing of highly skilled personnel for transfer or assign of knowledge plus process ...

Which is better KPO or BPO?

While BPO refers to Business Processing Outsourcing, KPO is Knowledge Processing Outsourcing. Considered to be a subset of BPO, KPO services are more specialized and knowledge-based than BPO services. ... KPO processes involve knowledge related work that requires advanced analytical and technical skills.

What is the difference between BPO KPO and LPO?

Knowledge Process Outsourcing or KPO is a subset of BPO. KPO involves outsourcing of core functions which may or may not give cost benefit to the parent company but surely helps in value addition. ... LPO or Legal Process Outsourcing is special type of KPO dealing with legal services.

What does a KPO company do?

Knowledge Process Outsourcing (KPO) means information related business task or knowledge-based processes such as research, analysis, consultancy or any other high-level task are outsourced i.e. done by the workers of another company or allocated to the subsidiary of the same organization.

What are the types of KPO?

Types of KPO Services

• Financial consultants.
• Research and development (R&D)
• Business operations (management consulting)
• Technical analysis.
• Investments.
• Legal.
• Medical & Healthcare.
• Data analysis and interpretation.

Is Kpo a good career option?

KPO industry is one of the lucrative place to work if a person has a zeal to learn and having problem solving skills and work in time, bound project and commitment and positive attitude. In a KPO industry a candidate can earn good salary depending upon the performance and domain of the work.

What is the highest salary in BPO?

The average TOP BPO salary ranges from approximately ₹ 1,20,000 per year for Customer Care Specialist to ₹ 8,00,000 per year for Team Leader. The average TOP BPO monthly salary ranges from approximately ₹ 20,000 per month for Quality Analyst to ₹ 31,307 per month for BPO Executive.

Is there any future in BPO?

The future outlook for the BPO industry is promising, despite the growing threat of AI and automation. That means working on perfecting flawless omnichannel customer service experiences for these companies as they face growing pressure to be present on every social channel for consumers.

How can I become a BPO?

Keep reading for tips on hiring, training and promotion.

1. Determine the type of BPO you want to start. BPOs offer everything from accounting and human resources to IT and web development services. ...
2. Write out a business plan. ...
3. Do the paperwork. ...
4. Invest in the necessary equipment. ...
5. Start by accepting short contracts.

What is LPO?

In Accounting, LPO means Local Purchase order ,Document issued by a buyer to a seller, indicating the products, quantities and agreed prices for products or services that the seller will provide to the buyer within the national or loacal boundaries.

What is BPO KPO LPO ites?

ITeS is a form of Outsource services which involves IT in different fields such as Insurance, Finance & Banking, and Telecommunication. These soft skills are mainly used in KPO (Knowledge Process Outsourcing) and BPO (Business Process Outsourcing) and LPO (Legal Process Outsourcing), back office-job and call centers.

What is full form of LPO?

Legal outsourcing, also known as legal process outsourcing (LPO), refers to the practice of a law firm or corporation obtaining legal support services from an outside law firm or legal support services company (LPO provider).