Business Process Outsourcing

How does business process outsourcing help companies, particularly SMEs

If the company wants rapid progress, then it must be able to face many variety obstacles, such as large investment costs, lack of flexibility of employees (on production seasonal), operational bureaucracy, and many experts that may not support the core business.

Based on the following issues, the right solution is to use of the concept of Business Process Outsourcing (BPO).

”The main benefit is that management will have time to focus on generating revenue instead of working with administrative processes.”

Accounting and finance functions that business process outsourcing companies can perform

Finance and accounting, payroll processing, cash disbursements, account receivalbe/payable, fixed assets, inventory, travel expenditures and IT are fast-growing functions in a company. These functions were most companies choose to outsource.

With this strategy, the company will have additional time to concentrate on maximizing profits and growing its business rather than distract by administrative matters.

Accounting and finance functions that can use BPO services

Business process outsourcing services advantages

Access to professional consulting

Because it is a group of professionals in a company, it will be very helpful in obtaining information related to business needs.

In long term purpose, will be able to free their dependency on employee

Reduce the cost of internal headcount, headcount liability, personnel management, and even office space to hold new employees.

No extra investment on necessary software

Several BPO providers (especially us) will provide equipment that supports BPO activities selected from cloud-based software as client portals, accounting software, and other things to free the clients from software investment costs.

Avoiding extra costs for bonus and other benefits

The professional fee paid to the BPO company has been determined and contained in the initial contract, which is much different from the agreement if it uses employees who require allowances, bonuses, overtime, and other matters related to employment regulations.