Stay Informed with CUTimes

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

ASQ Claims BPO Dissatisfaction in Survey

Satisfying businesses that outsource back-shop processes can be a challenge, according to a new report from ASQ.

The survey was conducted last month among more than 300 ASQ members and customers, the global quality network said.

Only about a third of survey respondents said they felt they were getting good value or meeting performance metrics from their BPO investment, citing assigning and retaining quality people among areas of concern. Meanwhile, 57% said they were "substantially dissatisfied with their providers in the area of innovation and making process improvements," ASQ said.

The respondents said improved communications and staff training allowing for more creativity and innovation and meeting deadlines would all help improve BPO satisfaction.

Two-thirds of the financial institutions that responded said they were outsourcing back-office services such as accounting, compliance and IT, while 21% said they were outsourcing human resources and quality assurance management and 18% said the same of facilities services and security.

Formerly known as the American Society for Quality, Milwaukee-based ASQ administers the Malcolm Baldrige National Quality Program awards and other standards and training programs and has a global membership of 85,000 professionals.

Comments

More News

Resource Center

View All »

A Path Chosen Prudently

In today's complicated credit card landscape, choosing the correct path between self-issuance or agent banking...

Winning the War on Cybercrime: The Four Keys to Holistic...

This white paper examines the importance of adapting to changes in fraud attacks without significant...

FFIEC Proposed Guidance on Social Media and How it Affects...

To learn how you and your institution can stay compliant with the new proposed FFIEC...

The Rise of "Mobile Commerce" and How it Affects YOU!

Could plastic cards become a thing of the past? This white paper explains what constitutes...

Key Indicators of High Performing Credit Unions

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.