Business process outsourcing (BPO)

Business process outsourcing (BPO)

The use outside firms to complete specific business functions such as human resources, finance, legal etc.

Industry: Outsourcing & offshoring

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Business process outsourcing (BPO)

knowledge process outsourcing (KPO)

Outsourcing & offshoring; Business process outsourcing (BPO)

A form of outsourcing wherein knowledge-related tasks are done by highly skilled workers in another company.

service level

Outsourcing & offshoring; Business process outsourcing (BPO)

Pertains to the level of performance or extent to which the service provider satisfies the buyer's requirements.

last-in, first-out (LIFO)

Outsourcing & offshoring; Business process outsourcing (BPO)

A rule that applies to the sale of part of a group of similar items in an inventory that assumes the last ones acquired were the first ones sold. This is important if the items in the group were ...

help system

Outsourcing & offshoring; Business process outsourcing (BPO)

A documentation component of a software program that explains the features of the program and helps the user understand its capabilities.

backup

Outsourcing & offshoring; Business process outsourcing (BPO)

A copy taken of a file in order to insure recoverability of that file in case of a later update failure or data loss. The copy provides an accurate file representation if a rebuild of the file is ...