Choosing the Right BPO Partner: Metrics That Matter Beyond Price and Language

By Clinton Cohen, CEO of iContact BPO

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From small enterprises to multinational giants, more and more organizations are partnering with Business Process Outsourcing (BPO) providers to boost efficiency, manage costs, and enhance customer experience.

Outsourcing business services is booming. From small enterprises to multinational giants, more and more organizations are partnering with Business Process Outsourcing (BPO) providers to boost efficiency, manage costs, and enhance customer experience. But, as the industry expands, it becomes increasingly complex to choose the right BPO partner.

Why More Companies Are Outsourcing

The reasons for the surge in outsourcing are clear. Skills shortages, especially in countries like the US, are driving businesses to seek talent elsewhere. At the same time, companies want to avoid hefty investments in in-house infrastructure, preferring to keep things lean and adaptable in an increasingly uncertain and volatile socio-economic environment.

Add the global shift towards multichannel, “always-on” service platforms, and it’s clear that businesses are seeking the efficiency and agility delivered by outsourcing. Businesses are under massive pressure to manage such diverse service eco-systems – not only in terms of the tech, but also when it comes to the financial and human capital that underpins it. 

And it’s not just about cutting costs. Companies are seeking BPO partners to leverage a range of strategic benefits, ranging from labor arbitrage through specialised CX skills to enhanced data analytics, new technology, and business continuity.

A Complex Decision-Making Process

Research by Knowledge Executive and GBS World shows that choosing the right BPO provider can be a lengthy and challenging process. Around 48% of companies take three months to settle on a partner, while 7% need up to six months.

Almost 56% of decision-makers struggle to shortlist five suitable providers.

The most complex part of the outsourcing strategy is finding the right BPO partner to fulfil objectives and targets – both in terms of their operational and technical capabilities and the extent to which they offer the right culture-fit for your business and customers.

iContact BPO has tips for leaders seeking to outsource to the ideal BPO partner for their business:

  1. Turn to a Specialist BPO Broker: An experienced partner can align the objectives and CX needs of the client with the right BPO partner. This is invaluable, especially for businesses entering into outsourcing for the first time and for those with complex, multinational outsourcing strategies. A trusted outsourcing facilitator will have extensive experience of different markets, diverse geographies, and a range of BPO providers. Therefore, they can provide referrals and partner selection options that integrate with your technology, sales, and transformation strategies.
  2. Prioritize Channel Competency: Your ideal BPO provider should have proven expertise in the specific channels your business relies on. For example, if you need WhatsApp and chat support, choose a partner with a strong and proven track record in these areas.

 

  1. Emphasize Industry Vertical Expertise: Certain industries require niche skills. Whether it’s medical record screening, insurance claims processing or research surveys, a BPO provider with industry experience in your sector will bring hard-earned insights and specialized skills to the table. Seek out a niche BPO provider that not only specializes in such functions, but also has direct experience in servicing clients who are in the same industry vertical as yours.

  2. Insist on Language and Accent Clarity: Comprehensibility is key. It’s not about removing accents but ensuring that communication is clear and effective. South Africa’s BPO market, for instance, performs well in North America because its British-influenced accent is easily understood.

  3. Strive for Cultural Affinity: Successful customer service requires more than just technical skills – it’s also about empathy and rapport. Choose a BPO provider whose agents can connect with your customer market’s cultural nuances. When it comes down to customer experience and cultivating a culture of empathy, South Africa’s call center agents are advanced and practiced. There is also an easy cultural fit with certain figures of speech, euphemisms and terminologies used in the US, Europe, the UK and Australia.

  4. Evaluate Talent and Human Capital: Who’s on the other end of the line? It matters. Evaluate the BPO’s recruitment, training, and retention strategies. Ensure they have a strong and accessible management team and robust quality assurance measures. It is vital to have a solid understanding of the sophistication, experience and commitment of the management team that will be running your outsourced operations.

  5. Seek Out Flexibility: For businesses venturing into outsourcing, flexibility is crucial. Opt for a BPO partner who is willing to adapt and build a customer experience (CX) model that aligns with your evolving needs, rather than enforcing a rigid playbook that may not work for your business.

  6. Look Beyond the Price Tag: The right BPO provider adds value far beyond cost savings. Advanced analytics, AI, digital tech, and quality assurance tools can transform customer experiences and provide insights you never knew your business needed. Other crucial ‘value-adds’ include advanced digital tech, productivity management tools, Software-as-a-Service (SaaS), innovation in process and training and recruitment, compliance, data security and hands-on leadership – all of which go well beyond the commoditized services of price and language capabilities.

  7. Make Proximity Less of a Priority: The Covid-19 pandemic proved that distance is less of a barrier than we once thought. What matters most is the BPO’s ability to manage and support your operations remotely, with the right tools for communication and training.

Bottom line:

The success of every client-BPO partnership is underpinned by delivering strong offshoring fundamentals and bringing together the best of customer experience, economics, quality BPO services, rapid scale when needed, high service levels and an absolute commitment to the performance metrics that matter. Partnering with the right BPO partner will reduce costs, improve CX, grow your bottom line and, most critically, provide the scale and support you need to act rapidly wherever and whenever market opportunities arise.    

For more insights, visit www.icontactbpo.com

#Outsourcing #BPO #CustomerExperience #GlobalBusinessServices #GBS

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