BPO refers to the outsourcing of non-primary activities of the organization to an external organization to minimize cost and increase efficiency. KPO is another kind of outsourcing whereby, functions related to knowledge and information are outsourced to third party service providers.
- What is the difference between BPO and KPO?
- What is the difference between BPO KPO and LPO?
- What is KPO in simple words?
- What is difference between IT and BPO?
- Is Kpo a good career option?
- Is BPO a call center?
- What is LPO?
- What is BPO in simple words?
- What is the work of KPO?
- What are the features of KPO?
- Why do you want to join KPO?
- What is captive BPO?
What is the 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.
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 is KPO in simple words?
Knowledge process outsourcing (KPO) is the outsourcing of core, information-related business activities. KPO involves contracting out work to individuals that typically have advanced degrees and expertise in a specialized area.
What is difference between IT and BPO?
IT and BPO are very different acronyms. IT is an acronym for information technology. It can be used for both hardware and software responsibilities within a company. BPO is an acronym for business process outsourcing.
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.
Is BPO a call center?
BPO & Call Centre are used interchangeably most of the time, but there is a difference between the two. The key difference is a BPO Company performs back office tasks of any business like customer support or accounting functions, whereas a Call Centre Company handles just telephone calls.
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 in simple words?
Business process outsourcing (BPO) is the practice of contracting a specific work process or processes to an external service provider. The services can include payroll, accounting, telemarketing, data recording, social media marketing, customer support, and more.
What is the work of KPO?
Knowledge Process Outsourcing (KPO) is the process of outsourcing knowledge intensive activities that are data driven and encompass the process of gathering, managing, analysing and delivering objective insights into businesses.
What are the features of KPO?
Features of KPO :
- It is one step extension of BPO (Business Process Outsourcing).
- It calls for the application of specialised domain knowledge of high level.
- It involves a component of Business Processing Outsourcing (BPO), Research Process Outsourcing (RPO) and Analyses Process Outsourcing (APO).
Why do you want to join KPO?
Answer Expert Verified
I want to join KPO because KPO is one of fastest growing sector so it will provide me growth & many learning opportunities as well . As i'm just graduate & this is great start for my career to join such area which gives me chance of knowledge sharing & gaining at the same time .
What is captive BPO?
In captive business process outsourcing (BPO), also known as captive service, a company sends out its business, not to another company, but to an owned subsidiary. The subsidiary is wholly owned, and may be stationed domestically or in another region or country.