What is Business Process Outsourcing? Uncovering the Truth for Staffing Firms

Time and efficiency that’s the name of the staffing and recruiting game. Do you really want to hire all the different individual specialists you would need to run your business efficiently, or would you rather hire a team of already-trained industry specialists for one fee? Business Process Outsourcing (BPO) is an intelligent way to save your staffing firm time and money. You’ll find that soon after you make the switch, BPO doesn’t mean you can’t handle your business. It means you’re actually heading in the direction of success.

What really is Business Process Outsourcing?

BPO is the process of utilizing a third-party entity to outsource your business operations. Organizations can outsource a variety of products and services both in their back office and front office. In companies with 50 or more employees on their team, 66% go with outsourcing to support a more productive and efficient business flow.

Breaking the Myth

Let’s be real, BPO hasn’t always had the best reputation. But like many other services and goods, there are scammers and fakes out there. Do your research to ensure that you are signing on with a legitimate and reputable company by looking into reviews and other public information.

There is also the illusion that by engaging in Business Process Outsourcing, you are somehow declaring that you can’t do it yourself. This is not true. In reality, it means that you are taking a more cost-effective and efficient approach to get things done. By outsourcing, you are creating more time and space to do what you do best: staffing. You’ll find that you have more time to strengthen your customer service flow and client relations.

Why Choose Process Outsourcing?

BPO is a great option for staffing firm start-ups. When beginning your firm, you may find that you don’t have the finances to hire internally. Eventually, you may want to bring everything in-house, but in the beginning stages, outsourcing is a great option to help get you off the ground.

If your firm is already well-established, yet you’re finding that your team is spending more time recruiting than placing candidates, it might be time to consider outsourcing. Less time and effort expenditure is the real gem when working with a BPO company.

Key Takeaways

• Business Process Outsourcing is actually a commonly used practice for larger staffing firms and businesses alike.
• BPO can free up your time by taking over operations such as payroll funding, back office, and more. It does not mean that your company can’t do it on its own; it means that you’re in a position to offload tasks to a capable entity.
• There is no better time to work with a BPO than the present day, whether you’re a start-up staffing firm or an industry VIP.

It doesn’t matter if you’re new to the game or years in. When there is an opportunity to consolidate efforts and, in turn, drive production and efficiency, you are invited to take it. Check out our back office offering for staffing firms, SERVICES+, to learn more about how your staffing firm can get back to staffing. Utilizing a BPO is no different from a staffing firm that turns to payroll funding experts such as Madison Resources. In the end, you’re saving time and money. Schedule your FREE Services+ Consultation Here!