Large scale businesses and industries of all sorts can benefit greatly through business process outsourcing. But the benefit doesn't come just like that and it is for sure a complicated task. The utilization of an LMS in this area can work wonders and make training employees look like child's play.
Delegating or handing over the business processes of an organization to a third party service provider is what is meant by business process outsourcing. Companies usually hand over human resources, finance and accounting related work to third parties. The practice of outsourcing customer service was followed only later. Based on the location of the third party provider BPOs can be classified as offshore, nearshore, knowledge process and legal process.
The greatest advantage of BPO is that it can help an organization greatly when it comes to cutting costs. The compensation for labour, bills etc cost too low in offshore outsourcing than in onshore or onsite works. But still, efficient training is required in order to create co-ordination among the different departments of the organization.
BPOs have existed for a long time now. The earliest instance of them can be traced back to the 1830s when the United States had assigned the job of creating ship sails and wagon covers to Scottish labourers. The recent outsourcing trend has its origin in the 1970s when a lot of computer companies began handing over their works such as payroll preparation to third party companies. A good example for successful outsourcing is Coke which started it out in the 1980s and many companies followed suit seeing the tremendous success achieved by the company. This trend found a great number of followers after the 80s.
As BPO has proven to be a highly effective strategy in business, a lot of companies have started to make use of online training systems such as learning management system. Cutting costs, besides providing an effective way of training is one of the most important concerns of any organization.
Apart from important financial and accounting activities, even course content creation that encompasses books, CDs, videos etc is handed over to third parties. This is what an LMS vendor does as they create training module that takes care of the specific needs of an organization's training needs.
Providing vocational training to employees was decentralized in the past and this scenario got changed when learning management systems made it into online training systems. The amount spent on training was very high and managing it seemed to be equally difficult. The method of training varied from one company to another.
BPOs can gain a lot if they centralize and repeat the training process. This can be made possible by using learning management systems which integrate all the processes involved in training into a single package and deliver good results when it comes to increasing the skills of the employees. You can also control unauthorized spreading of the learning material by integrating the same with a logo and a corporate colour scheme. Pay-per-use business plan facilitates easy updation of course content and employees can gain essential vocational knowledge this way.