One company using BPO services to good effect is Blue Cross & Blue Shield of Rhode Island. Working with Perot Systems, the insurer has decreased its claims inventory by 40% in the past six months. Meanwhile, Pfizer Inc. has improved reporting, recording and quality assurance in some call center operations by turning them over to Telerx.
Execs leading their company's BPO efforts aren't getting these kinds of results by accident. Rather, they're ensuring that their vendors go above and beyond basic SLAs by forging with them partnerships. "We have to help Perot solve the business problems so we can drive our strategy in the community," says Brad Weaver, an assistant VP of operations at BCBS Rhode Island, in an interview with my InformationWeek colleague Jennifer Zaino for her feature, Letting The Process Go.
This partnership approach is good not only for BPO buyers, but also for services vendors. As more companies are able to benefit from BPO services, sales of such services will increase. It's already happening. Nearly half of the respondents to the InformationWeek BPO survey said they planned to spend more on BPO services this year than they did last yearâ€"proof that performance pays off.