In India, Business Process Outsourcing (BPO) is the fastest growing segment of the ITES (Information Technology Enabled Services) industry. Factors such as economy of scale, business risk mitigation, cost advantage, utilization improvement and superior competency have all lead to the growth of the Indian BPO industry. Business process outsourcing in India, which started around the mid-90s, has now grown by leaps and bounds. India is now the world’s favored market for top BPO companies in india , among other competitors, such as, Australia, China, Philippines and Ireland. The BPO boom…
Month: March 2019
What is a Cash Management Solution?
Cash management services in india is a broad area. It encompasses the financial processes of collecting, handling, and using cash. A cash management solution, then, is anything that increases the efficiency and cost effectiveness of these financial processes, thanks to technology. Financial institutions, retail stores, and other businesses use one or more cash management solutions to make these processes easier, safer, more accurate, and less labour intensive. Let’s delve a little deeper. Types of Solutions With technology quickly advancing, there are always new solutions on the market. Thankfully, this means that every business…