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Cost Savings Due to BPO

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Sunanda K. Chavan
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Cost Savings Due to BPO - October 19th, 2010

Companies have the access to the best of talent and expertise in the BPO arena, and that too at paltry wages. Studies have indicated that for every one dollar invested in BPO India, the value derived by the US economy is between $12-14.

Moreover BPO work to India is one thing, which is irreversible. Most of the companies who have shifted their BPO work to India have till now garnered savings of around 40-50%. Some of the significant cost savings companies have done after moving BPO work to India, are listed below:

•The US banking, financial services and insurance (BFSI) sector's costs are 7-10% lower than that of it's European counterparts
•American BFSI companies have saved $6 billion in the last four years by Off shoring to India.
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