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outsourcing
(redirected from Business Processing Outsourcing)

   Also found in: Legal, Financial, Wikipedia, Hutchinson 0.01 sec.

outsourcing

(1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management.

(2) Contracting with organizations outside your country for work that could otherwise be done by employees within your company. Contrast with insourcing.


(business)outsourcing - Paying another company to provide services which a company might otherwise have employed its own staff to perform, e.g. software development.


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Newspaper and magazine articles and analysts' briefings throughout the globe are reporting the projected strong growth of the offshore business processing outsourcing (BPO) market in India.
PARIS -- Accenture (NYSE: ACN) has signed a 10-year, US$100 million business processing outsourcing (BPO) agreement with AIG Europe S.
We've appreciated working with WR Hambrecht + Co over the years and we believe that the case study will be of value to other companies seeking to improve growth and revenue through a carefully chosen HR business processing outsourcing (BPO) arrangement.
 
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