BPO value beyond bottom-line savings: Forbes Insights survey finding
Global companies are seeking 'measurable, long-term business value' from Business Process Outsourcing (BPO) in terms of higher productivity, improved agility, and enhanced customer service. A value-based approach to business process outsourcing is the key finding of a survey conducted by Forbes Insights in association with Infosys BPO. The survey gauges the perception of multinational companies as the global economy recovers from the downturn.
Takeaways:
- Business process outsourcing performs a critical role in supporting the evolving business models of global companies
- Controlling costs, boosting growth, expanding in emerging markets, and improving supply chain effectiveness are top business priorities
- Companies seek to achieve free cash flow, deeper market penetration, and better customer satisfaction, apart from bottom-line savings
- Companies seek a strategic partnership with BPO providers to redefine their business model, improve performance, and enable a technology and business process transformation
For the survey, Forbes Insights interviewed more than 200 C-level executives, board members and directors at global companies with revenues exceeding US$ 1 billion across manufacturing, financial services, insurance, telecom, retail, and other industries.
Download the Forbes Insights report
Published with permission of Forbes Insights
Related reading
Infosys BPO enables effective decision making with customer insights