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"Advantages of Business Process as a Service"
Trading traditional software for experts in the Cloud
The high expectations companies have when it comes to software rarely match the outcomes, as 74 percent of IT investments fail to deliver expected value. Even when software projects are on time and within budget, it is still hard to name direct benefits from technological efforts alone.
With shrinking budget and so many software failures, organizations have been in search of a compelling solution with the benefits of expertise in specific business processes.
In this context, Business Process as a Service has emerged as a customized experience that incorporates cloud technology along with specialized expertise to achieve desired outcomes and establish valuable client relationships.
But why are companies fleeing their legacy software mindset and flocking to Business Process as a Service? The main reason is that the new philosophy is enabled by top-notch technology, but adds experts and processes, delivering more value than the traditional “lift and shift” outsourcing.
Delivering business process outsourcing (BPO) services directly from the cloud2, BPaaS is also referred to as progressive outsourcing.
This innovative way of delivering business process outsourcing has driven researchers to figure out what is so special about this approach, and identify several key advantages that make enterprise leaders fall in love with BPaaS in the blink of an eye. The following 7 benefits of Business Process as a Service are all rooted in the model’s core philosophy, which revolves around experts, industry leading processes, and best practices.
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