Business Process Outsourcing (BPO)

An outsourcing relationship in which a third-party vendor is hired to take over and run a client’s business processes. In such cases, the BPO provider takes full responsibility for the business process and does not just supply technology to facilitate the processes. Specific examples of business process outsourcing include Human Resource Outsourcing (HRO), in which a third party takes over all or part of the HR function, and Recruitment Process Outsourcing (RPO), in which a third party takes over just the candidate recruiting function for HR.

Source: Staffing Industry Analysts

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