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Outsourcing News : Article

BPO Continues to Evolve

With financial services-specific expertise increasing among business process outsourcing providers, knowledge process outsourcing looks to be the next generation of outsourcing services.

Knowledge process outsourcing, or KPO -- in which service providers take over high-level tasks requiring professional judgment and industry experience -- looks to be the next frontier for the outsourcing industry. Many expect financial services companies to lead the way in KPO, and there's data to support such a view. For example, 45 percent of financial services executives who participated in a recent InformationWeek Analytics survey said they see the industry knowledge of their business process outsourcing (BPO) providers significantly improving. That's more than any other area of improvement.

Read entire article on Insurance Technology

Posted: Wednesday, August 06, 2008

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