Global Back Office Outsourcing Market in the Financial Services Sector to Grow at a CAGR of 7.46% 2016-2020
Outsourcing refers to the transfer of business functions or services to a third-party service provider on a contractual basis. Companies primarily outsource to reduce costs and reap potential benefits such as gaining access to skilled expertise, flexible staffing, reduce turnaround time, improve efficiency, and generate more profits.
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