What steps can you take to ensure your BPO provider respects intellectual property rights?
Outsourcing some of your business processes to a third-party provider can help you reduce costs, improve efficiency, and access new markets. However, it also exposes you to the risk of losing or compromising your intellectual property (IP), which is the intangible asset that gives you a competitive edge and protects your innovation. How can you ensure that your business process outsourcing (BPO) provider respects your IP rights and does not misuse, disclose, or infringe them? Here are some steps you can take before, during, and after engaging a BPO provider.