June 4, 2019
Knowledge Process Outsourcing (KPO)
Knowledge Process Outsourcing (KPO) refers to the process of outsourcing experts and services on a particular field to fill out positions that usually require highly specialized skills. Some scope of KPO business is in accounting, banking and finance, insurance market services, preparation of accounts, healthcare services, computer-aided simulation, animation, design, content creation, engineering design and development, and other functional processes.
Knowledge Process Outsourcing can provide cost-cutting measures, savings, and effective processes. Through KPO, businesses are given the luxury to launch a product and service faster. KPO helps industries reduce the challenges included in the administration and buildup of key information, providing flexibility in terms of employee and time management.
In addition, KPO addresses the shortage of skilled laborers and provides an increase of specialized knowledge and expertise within the organization, as well as advanced analytical and technical skills aiming for the implementation of active processes. This then translates to higher end service at a lower cost and benefits company revenue.
Outsource Accelerator is the most trusted source for independent information & advisory for Business Process Outsourcing (BPO). We have over 3,000 articles, 200+ podcast episodes, and a comprehensive directory with 700+ BPOs… all designed to make it easier for clients to learn about, and engage with knowledge process outsourcing.