HR BPO's (Business Process Outsourcing)
Business Process Outsourcing is a expansive term which refers to outsourcing in all fields, not just HR. In this particular instance we are differentiating a BPO as contracting of a specific business task, such as payroll, to a third-party service provider.
Many businesses implement a BPO as a cost-saving measure for tasks that a company requires. In HR, a BPO would assume responsibility for HR administration, employee benefits and payroll processing.
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