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Why is outsourcing a key area of focus for large companies?

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Why is outsourcing a key area of focus for large companies?

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Most of the back-office infrastructures of large firms were built for a previous era – preglobalization, pre-Internet, and pre-M&A. They must change quickly to meet the need for economies of scale and higher competition. For the large firm, the benefit of BPO is access to best practices, which in turn enables improved efficiency and substantial cost savings.

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