Hire one of the Top IT Business Process Companies (IT BPO) in Sri Lanka

What is business process outsourcing?

Business Process Outsourcing (BPO) is defined as the delegation of one or more (often IT-intensive) business processes to external service providers who will own and operate the process on behalf of their client. The outsourced processes are managed by the business process outsourcing companies based on strict metrics and guidelines as defined by a contract. It is also necessary to understand what horizontal and vertical BPO are.

Horizontal BPO:

Horizontal BPO is where the business process is outsourced horizontally across all departments or product lines of the client. An excellent example would be, outsourcing all IT operations or customer service operations among all departments.

Vertical BPO:

Vertical Outsourcing is where a business process, where specific industry knowledge is required, is outsourced from one specific department or product line only. An example would be outsourcing the software being developed for the HR department.

As can be expected, organizations often outsource in a mixed manner with both horizontal and vertical BPO elements together

What is the benefit of BPO?

There are many advantages to working with Business Process Outsourcing Companies.

What is BPO structure?

Business Process Outsourcing companies follow a basic structure in what processes they specialize in. This structure segregates processes into two basic sectors: Back Office Operations and Front Office Operations. Most companies will specialize in either the back or front office operations, while very few do both sides of the BPO structure.

Notably, in the case of front-end operation Business Process Outsourcing companies, the phrase “operating on behalf of” becomes of key importance, as any direct customer contact will need to be clearly stated to be under the name of the client and not the BPO company.

What are the 7 General Categories of BPO?

Today it is not an exaggeration to state that even the largest organizations are able to operate with just a small skeleton crew for in-person activities and save a hefty percentage of their costs through business process outsourcing. There are many types of services that business process outsourcing companies (BPO companies) will specialize in. However, 7 of them are the most common.

1. Information Technology

While almost all services offered by Business Process Outsourcing companies (BPO companies) have a strong technology requirement; there is a high demand for IT processes such as software development, service and maintenance, technical support, and more. Some organizations also request for their entire IT department to be outsourced for all operations that can be handled through online or remote assistance. This saves them valuable resource space and funds.

2. Human Resources

A number of HR tasks are often outsourced to BPO companies with a specialization in human resourcing. Tasks may include areas such as Payroll, Benefits, Recruitment, Candidate Selection, Learning and development, and more. This allows the organization to focus its HR activities on areas that need in-person intermediation or cannot be outsourced.

3. Marketing

Many organizations outsource their entire marketing activities to third-party service providers (BPO companies) and monitor the activities through CRM software. This allows them to operate the organization on a reduced staff basis, reducing employee pay and benefit costs, and spending more on product and service improvements.

4. Customer Service

A number of major organizations contract out their customer service activities to business process outsourcing companies (BPO companies) offshore to avoid employing a large host of expensive employees. They are also able to increase productivity and reduce costs by relying on the different employment laws in lower living-cost countries.

5. Finance and Accounting

BPO companies specializing in finance are often able to fully take over the accounting activities of large organizations allowing faster accounting and reporting through larger specialized teams that are more task-oriented. This allows speedier turnaround times and quick decision-making.

6. Data Management

Organizations involved in data processing are outsourcing their data manipulation, data analysis, administration, and management sections to technical and research-oriented BPOs who are able to reduce costs and increase client retention.

7. Supply Chain Management

Supply chain management can be outsourced to BPO companies in the locality where the supply is obtained to minimize costs and risk. Local service providers are able to better detect ways to make the supply chain more efficient in a competitive manner

What are the Models of BPO?

BPO operations can be actioned in 5 generalized key models:

Why is Era Biz One of the Top IT Business Process Outsourcing Companies in Sri Lanka?

11 years of IT outsourcing experience

Era Biz has been fully established as an offshore IT outsourcing company since 2011. It has extensive experience as a business process outsourcing company for many onshore and offshore projects over the years.

Excellent Cost-Quality Ratio

We provide the best quality for the most affordable cost. Unlike other IT service providers, Era Biz operates on the vision of never compromising on quality while offering the best possible rates. This is why many of our clients keep coming back to us for their projects.

Highest Data Security

We provide absolute security for your data through a complex vetting process while hiring developers, secure software development practices, and an ironclad data protection and privacy policy. We value and take pride in protecting your information securely.

Comfortable Collaboration and Communication

We provide the best collaboration for projects through enhanced communication supported by fluent English-speaking developers, increased efficiency and decision-making through task-tracking software, and better motivation and updates through regular meetings, brainstorming sessions, and more.

Multitalented Team Members

Our team members are each highly skilled in multiple technologies while being expert in one to two of them. Most have over 5 years of experience in multiple projects both locally and internationally. The few others all have over 4 years of experience, though with skill sets that are rarer and highly in demand. They also receive mentorship from our seniormost developers and are able to gain active experience very swiftly. In addition to this, we have access to a large pool of talented Sri Lankan developers and are able to hire more members as needs arise.

With all the advantages that Era Biz can offer it is undoubted that outsourcing with us can make your IT business processes most efficient and productive while lowering your costs. So what are you waiting for? Contact us right away to contract with one of the best business process outsourcing companies in Sri Lanka.