Thursday, June 18, 2009

VPO is Business Process Outsourcing for SMEs:

What is Business Process Outsourcing? Business process outsourcing is the offshoring of “non-core” company departments to third party companies. Business process outsourcing is implemented in a wide variety of different field e.g. payroll, human resource and call centers. Why? Multinational companies such as American Express, Hewlett Packard and Oracle pursue business process outsourcing to considerably reduce their cost by hiring low cost employees in India. At present, the vast majority of multinational companies now opt for business process outsourcing.

What is VPO and what does it have to do with business process outsourcing and SMEs?

Business process outsourcing although a lucrative exercise, nevertheless requires companies to invest considerable time and money. This is because business process outsourcing is effectively the displacement of large company departments from one country to another. This “shift” requires substantial investment. Furthermore the business process outsourcing model is engineered for large scale offshoring. Business process outsourcing is for those companies that seek to offshore hundreds if not thousands of departmental jobs from one country to another.

The above reasons make business process outsourcing an unviable option for SMEs, (small to medium sized firms). This is despite the fact the SMEs are in greater need of the benefits gained from business process outsourcing.

Thus the solution for SEMs who wish to undertake the practice of business process outsourcing, is VPO.

VPO and business process outsourcing both come under the category of “outsourcing”, however both processes differ considerably. VPO or Virtual Process Outsourcing is an offshoot of business process outsourcing. The concept was conceived and executed by www.VirtualEmployee.com. The most significant difference between Virtual Process Outsourcing and business process outsourcing is that VPO enables small to medium sized firms to outsource. Business process outsourcing is simply an impractical option for SMEs.

Business process outsourcing for SMEs:

With VirtualEmployee.com your company can hire it’s own full time, permanent and dedicated employee. You can hire a dedicated employee in any office based field of work. From specialist positions such as programming and medicine to back office positions such as data entry and personal assistants. Unlike with business process outsourcing any company can outsource with VirtualEmployee.com.

How?

Your Virtual Employee works from the VirtualEmployee.com office in India, New Delhi NCR (Capital of India). VirtualEmployee.com provides your employee with all the office space and office equipment they require to work directly for you from India: PC, fast internet connection, telephone with any local country number, fax, scanner…etc

With such technology the employee you hire works directly for you and with you. This is possible given that modern technology now enables two people to work directly together from two different locations.

Thus in summary Virtual Process Outsourcing is the SMEs equivalent to Business Process Outsourcing. This is because unlike with business process outsourcing, vpo enables you to outsource without ever leaving your pc. VirtualEmployee.com has outsourced so that you don’t have to. The infrastructure required for business process outsourcing is already implemented for you. With VPO, companies of all sizes can now too reap the same benefits multinational corporations gain when they implement business process outsourcing strategies.

The difference: VPO and Business Process Outsourcing:

In essence VPO achieves the same results as business process outsourcing. The underlining difference between VPO and business process outsourcing is that they focus on two distinct segments of the outsourcing industry.

Additionally business process outsourcing focuses “non-core” fields of work. Business process outsourcing does not encompass technical or specialist fields such as medicine, engineering or law. VPO starkly contrasts to business process outsourcing in this respect. With virtual process outsourcing there is no office based field of work one cannot outsource. This is because www.VirtualEmployee.com, (unlike the business process outsourcing approach) is flexible to each of it’s clients and companies needs. Business process outsourcing however caters only for specific departments within any particular company e.g. payroll.

A yet further significant difference between VPO and business process outsourcing is that with business process outsourcing the company looking to outsource must “set up” their base. With VPO however you can outsource all from your PC. VPO unlike business process outsourcing entails no logistical “setup” on the behalf of the person looking outsourcing. Thus you can start outsourcing immediately from your pc and without leaving your country.


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7 comments:

  1. Thanks for you post. It is very informative.

    Now I know whats the difference between the two.

    I also learned that I can outsource without leaving the country.

    ReplyDelete
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  3. Done a excellent job in this blog,Alternatively create a great blog for the readers specially for Business Process Outsourcing.

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  4. This is very nice one and gives in depth information. Thanks for this nice article. Good post…..Valuable information for all.

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  5. Nice post, I have to admire that you have done a great post on business process outsourcing for the same way as I did for: https://outsourcingitvietnam.blogspot.com/ , can you notice that?

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  6. Nice post! Companies can also ,hire developers for their web and app development projects.

    ReplyDelete
  7. VPO offers SMEs a strategic and cost-effective approach to outsourcing business processes, enabling them to compete more effectively, adapt to market dynamics, and achieve their growth objectives in today's digital economy.

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