Professional Documents
Culture Documents
ON
OF BPO COMPANIES
A dissertation report Submitted in partial fulfillment of the requirement for the MBA
degree course of PTU University
By:
(Faculty RIMT-MAEC)
MANDI GOBINDGARH
Table of content
1. Acknowledgement
2. Introduction.
3. BPO overview.
a) Advantages.
b) Disadvantages.
c) Types of outsourcing.
d) How to select the BPO co.
e) BPO outsourcing services.
f) Overview of BPO co.
I. Wipro
II. HCL
III. WNS global
3. Research methodology.
4. BPO industry in India.
a) Different types of services being offered by
BPO.
b)Challenges for a HR professional in BPO.
c) Why people preferred to join BPO.
d)Why people leave the BPO.
5. SWOT analysis.
6. Recruitment Introduction.
7. Process of Recruitment.
8. Conclusion.
9. Bibliography.
ACKNOWLEDGEMENT
Advantages of BPO
The Outsourcing market is estimated to grow by leaps
and bounds in the years to come with more and more
companies planning to outsource low end as well as
high end jobs to offshore destinations. So what is it that
makes companies in developed countries outsource in
such huge proportions? The obvious answer is the
colossal advantages linked with offshore outsourcing. .
Tax benefits
By selecting the right BPO destination companies can
save up on taxes in turn cutting their costs.
Increased productivity
By employing skilled manpower in more numbers at
lower costs companies can highly boost up their
productivity in turn resulting into better customer
satisfaction and increased profitability.
Beat Competition
In a fast paced economy a company needs to provide
the best service to its customers in order to retain them
and do all this by keeping the rates low. Outsourcing in
this case can help the company maintain lower rates
with better service thereby helping them to stay abreast
of the competition. These outsourcing advantages are
well an indication that the outsourcing market has a
great future.
LowerCosts
As we saw earlier, cost reduction is still the most
important reason a company considers outsourcing.
Tasks that are costlier to get done in-house are allocated
to service providers who can offer the same services at a
lower price. For instance, let us take a task that requires
specialized training in some software. It might be
cheaper for a company to outsource this task than
training staff in-house. It does cost the company to hire
an expert team from outside, but since this team
accomplishes the task much faster and more efficiently
than an in-house team, the long term benefits would be
with hiring. Enhancing Competitive Advantage
Outsourcing provides companies with more opportunities
to develop competitive strategies for the global market.
It also helps to increase product qualitiy, lower costs for
the firm and/or consumer or leverage the quality to cost
ratio. There are some situations where the quality goes
down a little along with lowering costs. Even this
situation is beneficial, as the overall productivity
increases.
MoreBusinessPartners
In a good outsourcing relationship, the vendor works as
your partner, sharing in your desire to take your
company to its maximum potential. Thus you gain access
to a network of active business partners through
outsourcing.
Disadvantages
QualityversusCost
This is one of the most frequently raised issues. When
you outsource work for saving money, does the quality
or performance by the vendor/ service provider meet
the expectations of your company or consumers? Where
does quality of outsourced work stand in comparison to
work done in-house? However it has to be noted that
the standards for judging what is good and what isn’t
vary from culture to culture. Thus what is good service
in one country may not measure up in another one.
WorkerInsecurity
Outsourcing has contributed a great deal to increasing
worker insecurity in several ways. The lesser developed
countries may benefit for a while from the trend in
terms of more jobs, higher wages and an increased
standard of living. However these benefits are
temporarity . Critics feel that, in the long term,
outsourcing is all about pitting workforce of one country
against the workforce in another country, forcing them
to offer their services at ‘competitive rates’ or suffer
being left back.
IssuesintheUS
In the US, outsourcing has become a hotly debated
political issue, the pivotal point being the implications
for the domestic workforce. The Democrats have taken a
stand against the US firms that outsource work abroad
or carry out their operations from overseas locations to
evade paying US taxes. Opinion polls conducted among
citizens suggest that at least 65% of the citizens share
some of these concerns about the economy.
Types of Outsourcing
OffshoreOutsourcing
NearshoreOutsourcing
OnshoreOutsourcing
Homeshoring
• Web hosting
• Telecommunications
• Website designing/development/maintenance
• Payroll maintenance
• Finance / Accounting/billing
• Human Resources
• Medical transcription
• Logistics Management
• Business Consulting
• CAD/CAM
• Call Center
• Data Entry
• DTP, Typesetting
• Handwriting Services
• HR Services
• Internet Marketing
• Legal Services
• Medical Billing
• Proofreading, Editing
• Transcription
Document scanning
Pages of forms are scanned and converted into bit-
mapped (usually TIFF) images of forms which are either
compressed and stored for later batch processing, or
are passed immediately in an uncompressed format to
an ICR engine for recognition.
Image analysis
The document image is cleaned up. Character image
quality is improved, using image enhancement
techniques. Background "noise" is removed from the
form.
Form alignment
The image is registered and deseed by the ICR software,
which automatically aligns the form by locating special
symbols on the document called registration marks as
guides.
Form identification
The document is identified by certain predefined
characteristics that the ICR software is trained to look
for, so that the zones containing the fields designated
for recognition can be located by a customized,
predefined ICR template. Form ID attributes can include
form numbers, corporate logos, or the name of the form
itself imprinted somewhere on the form.
Character segmentation
Sophisticated software routines analyze, separate, and
break down the character fields into isolated characters.
If the form is "ICR -friendly," characters are segmented
with the aid of graphic devices such as boxes, tick-
marks, and connected boxes called "combs" that serve
to force the form user to legibly separate the characters
from one another.
Character classification
Individual characters are classified by ICR algorithms
according to their ASCII category and assigned a
confidence value, which is an index of how "certain" the
ICR engine "feels" about the selection it has made.
Alternate character choices are ranked according to
those values, so that they can be incorporated into
editing procedures that improve ICR accuracy. For
example, the alternate choice "1" might be used instead
of the first-ranked choice "I" when contextual analysis
reports that the field is all-numeric.
Post-processing
The initial or "raw" recognition results are validated
using edit procedures such as grammatical rules, spell-
checkers, dictionaries, check-sum routines, and look-up
tables. Ambiguous and erroneous data fields-the
"rejects"- are identified and sent to data entry operators
at workstations for manual correction.
• Legal forms
• Online forms
• Questionnaires
• Resume processing
• E-mail forms
• HTML Forms
Top Five BPO Companies
1. HCL
2. WIPRO
3. WNS Global
4. First source Solutions
5. IBM
HCL Technologies
HCL Technologies BPO is one of the top five BPO
companies in the world. It is one of the best BPO
companies in terms of excellent customer service and
value addition. This is one of the popular companies in
the field of information technology enabled services. As
a result of this, a large number of businessmen are
interested in offering business to HCL Technologies
BPO. As the client range of the company is increasing,
the profit, revenue and the popularity of the company is
also increasing. HCL technologies BPO is one of those
companies which follows various innovative policies and
programs. As a result of this, you will find that the
company is growing is a huge pace.
The HCL technologies BPO follows the Process Based
Quality Management as well as the Process
Improvement Systems. The Quality certifications of the
company includes the ISO 9001:2000, COPC as well as
the Purdue Benchmark. This is one of those companies
which will utilize various six sigma tools for the benefit
of the company and the customers.
HCL Technologies BPO is a part of the HCL Technologies
and the company is in an expansion mode. Thus, the
company wants to hire more people in order to provide
further services to the clients. The expansion mode of
the company is a proof of the fact that the company is
gaining huge profit. The HCL Technologies BPO has
started with merely 30 people. This was in the year
2000 and presently this BPO has grown into a 5000
people institution. It is expected that in the year 2009,
the company will have a workforce of around 40,000
people. The another interesting thing about the
workforce of the company is that around 3000-4000
people will be based in different countries of the world
and the rest of the employees will be based at India.
There are different types of service offered by HCL
Technologies BPO. There are various subdivisions as
well. Some of them are:
Telecom:
• Sales & Marketing
• Customer Relationship Management
• Order Management
• Billing Support Services
Insurance:
• Agent Licensing
• Underwriting
• Policy Administration
• Claims Management
• Account Administration
• Commissions
• Data Cleansing
Wipro
Wipro BPO is one of the top most BPO companies in India and
is also counted amongst the top five BPO companies in the
world. Wipro BPO has its branches in all the major metropolitan
cities of the India which includes Chennai, Bangalore, Delhi,
Mumbai and Kolkata. The BPO sector of Wipro has employed a
large number of people and is also employing a lot of people.
Mostly the youth are employed in the Wipro BPO. The main
criteria of employment is that the employee should be able to
do night shifts. Mostly undergraduates are a part of this sector.
As the young generation is employed, the Wipro BPO is
delivering excellent services as well as measurable value to
the customers. The excellent services offered by Wipro
BPO is due to various factors. This includes things like
Integrating technology with BPO, Business process re-
engineering and Knowledge services. Wipro BPO is one
of those companies which offers quality services and
innovation. This is also one of the main reasons of its
excellent services. Some of the best people in the field
are a part of the Wipro BPO. The excellent manpower is
also one of the major points of its success. The people
of this company also have the proper domain
knowledge. They also offer customized services to the
clients. The service offered by them are also flexible as
well as cost effective. The major clients of the company
are from USA, UK, Switzerland and others. It was in the
year 2000, that Wipro BPO gained a lot by acquiring the
Spectramind. The Wipro BPO also gets a lot of help from
the Wipro Technologies which is also a major part of
Wipro. The combined efforts of Wipro BPO and Wipro
technologies have made it one of the best BPO
companies in the world.There are around 19,000 people
working under the banner of the Wipro BPO. The
number of people are increasing at a great pace. All
these people operate from the 9 different locations not
only in India but also in Europe. There are various fields
in which Wipro BPO offers services. These include Travel
and Hospitality, Hi-Tech Manufacturing,Banking and
Capital Markets, Insurance, Telecom and Healthcare
sectors. Wipro BPO is one of the companies which offers
services because it has expertise in different fields.
These fields include Finance & Accounting,
Procurement, HR Services, Loyalty Services as well as
Knowledge Services.
Research
4. Insurance Processing
• Service Example:
• Service Example:
• Service Example:
o General Ledger
o Accounts Receivables and Accounts Payable
o Financial Statements
o Bank Reconciliation
o Assets / Equipment Ledgers etc.
• Service Example:
• Service Example:
1. WNS Group
2. Wipro Spectramind
3. Daksh e-Services
4. Convergys
5. HCL Technologies
6. Zenta
7. ICICI Onesource
8. MphasiS
9. EXL
10. Tracmail
These are the very reasons why India and it outsourcing are
considered synonymous and the Indian BPO outsourcing
market is booming at such a great speed and is
estimated to grow even more and clinch a huge market
share by 2007.
SWOT Analysis
STRENGTHS:
•Well-developed IT industry
WEAKNESS:
•Cultural differences
OPPORTUNITIES :
THREATS:
•Political instability
Recruitment
Introduction
Application Appraisal
All applications are first screened to see if candidates meet the
“Minimum Qualifications” for the position. Applications will be screened
to see if you have any degree, special training or certificate required for
the position. Applications will also be screened to see if you meet the
experience qualifications. For this reason, it is important that dates of
employment, length of employment, whether it was full time or part time
employment, and the number of hours worked per week is filled out
completely for each job listed. If you do not meet the minimum
requirements, you will receive a letter within three weeks after the final
filing date.After the applications have been screened for minimum
qualifications, they are screened further per the requesting departments
needs to determine which candidates will be selected to proceed in the
examination/selection process.
Supplemental Information
The supplemental application (when applicable) consists of essay
or multiple choice type questions. They are used as an elaboration
of your education and experience and provide information for to
determine which candidates will be selected to proceed in the
examination/selection process.This screening process is based
entirely on the information given on your application and
supplemental application (where applicable).
Written Examination
A Written examination test such as multiple choice, matching,
true/false, fill-in, computation and/or narrative may be
administered.
Performance Examination
Applicants may be required to perform a series of simulated job
tasks which are representative of the duties of the position.
Oral Examination
The most suitably qualified candidates will be invited to an oral
interview examination (when applicable) usually conducted by a
three member panel. Before going to the interview, review “The
Position” and “Minimum Qualifications” sections on the
examination announcement. In your interview, be prepared to tell
the panel about your education and experience, if any, and how
they have prepared you for this job, as well as about your career
interests and goals. The panel may also ask some situational
questions or ask for more detail on your background. You can be
rated on only what is discussed in the interview. The application
admits you to the examination; it is in the oral test/interview that
you must convince the panel that you are the best person for the
job.
Eligibility List
An eligibility list is established of all candidates who qualified in
the examination process. Candidates are ranked from the highest
to lowest. The list is normally valid for 6 months. It is important to
keep the Human Resources Department informed regarding
changes in your address and telephone number. You will not be
notified when the list expires.
Certification List
Those candidates in the top five ranks of the eligibility list are
certified and referred to the hiring department for its consideration.
Further interviews will be conducted by the hiring department to
determine which candidate is best suited to meet the specific
needs of the department.
Equal Opportunity
Conclusion:
This is a descriptive report on BPO industry. I have tried
to cover almost everything related to the industry. I like
to have your opinion about the same. Even at the end of
this comprehensive report, my concerns are related to
development of employees in BPO, controlling attrition
rate in BPO, can we have some standard industrial
compensation