Procurement BPO is a business process outsourcing service that involves outsourcing the entire process of purchasing goods and services to a third-party provider. This type of partnership involves transferring entire departments or parts of corporate operations – such as procurement, legal, finance and accounting – to an external company. The goal is to improve efficiency and cost savings while still leveraging the expertise of seasoned professionals. From sourcing suppliers to managing contracts and handling negotiations, Procurement BPO allows businesses to streamline their operations and focus on their core competencies. It provides an affordable solution for companies looking to increase their competitive edge in today’s ever-changing market.